Past year: ▲ 3%(15.92 – 28.41 CAD)
Each one in plain English, with the numbers worked through for a shareholder.
24 Sept 2024drilling result▲ GoodMajor
Four directional holes pushed Apollo southwest and carried the high-grade vein zones past 1,000 metres depth, on 39.95 metres at 4.42 g/t gold-equivalent. Apollo is an outcropping breccia body overprinted by later high-grade veins, and it stays mineralised all the way down.
5 Sept 2024drilling result▲ GoodMajor
Four more holes stretched Trap 350 metres along strike and found a new near-surface zone named Blackjack, on 30 metres at 4.96 g/t gold-equivalent from 11.85 metres downhole.
29 Aug 2024drilling spud● Neutral
Started a first drill program at Plutus, a copper-gold porphyry target one kilometre east of Apollo, alongside assay results from the finished reconnaissance drilling at Box. Sussman was explicit that greenfield porphyry discoveries are rare and this is a long shot taken from a position of strength.
19 Aug 2024drilling result▲ GoodMajor
Eight holes showed that the Olympus and Apollo zones are one continuous system, now called Apollo, with 256.35 metres at 1.23 g/t gold-equivalent. Merging two separately reported discoveries into one body is what makes a bulk-tonnage mine plan possible.
29 July 2024drilling result▲ GoodMajor
Four holes at Trap, 3.5km northeast of the flagship Apollo system at Guayabales in Caldas, Colombia, returned 40.85 metres at 3.76 g/t gold-equivalent inside 174.45 metres at 1.19 g/t. Executive chairman Ari Sussman called Trap a future multi-million-ounce system; five rigs were turning on a 40,000-metre program.
