Release: Apolo Gold & Energy: Further highgrade sample results at NUP
Wednesday, January 11 2006 - 04:06 AM WIB
As described in the earlier press release, a drift was driven south along the #1 vein from where the cross cut intercepted the vein. The samples detailed below were taken at 47 meters to 55 meters along the drift. Channel samples were taken across the true width of the sub-vertical vein #1. Channels were located at 3 meter intervals along the drift.
Assaying of samples was carried out by Intertek of Jakarta, Indonesia, an internationally recognized assaying company.
The #1 vein pinches and swells along its strike. Sample A213 was taken at the beginning of this section of vein and as the vein continues to the south it begins to swell. It then pinched somewhat at the 52 meter mark and then began to swell thereafter and continues to swell at the current 56 meter mark. Based on widely spaced drilling, the mineralized zone appears to extend at least an additional 500 feet south along the same structure within the NUP property boundary.
The average width between the 49 meter mark and the 55 meter mark of the vein is .77 meters (2.5 feet). Mining would require a minimum width of 5 feet. Therefore, assuming a wall rock dilution containing no grades, the interpreted grades would be approximately 30 grams gold per tonne and 1,225 grams silver per tonne on a minimum mineable width.
Meanwhile, the Company continues the cross-cut to the east to intercept the #2 vein. The cross-cut has now reached shaft #4 artisinal mining area where previous drilling in NUP 03--3 intercepted two meters of 64.6 grams gold and 1,350 grams silver per tonne and where hole NUP 03- 8 intercepted 8.16 grams gold and 221.5 grams silver per tonne. Both of these intercepts were 150 feet below the surface. Veins #1 and #2 are about 10 meters apart.
These assays reflect the high grade nature of the vein. Additionally, the vein where these samples were taken was far less altered by surface oxidation than earlier samples. (end of release)