Adelong Gold Launches 2,000m Drill Program at Apollo Targeting High-Grade Zones

Drilling Set to Unlock Apollo’s High-Grade Potential

Adelong Gold Limited (ASX:ADG) has announced the imminent commencement of a diamond drilling program at its 100%-owned Apollo Gold Project in Victoria’s Walhalla Gold Belt. With all necessary regulatory approvals secured and a contract executed with GMP Exploration Drilling, the company is poised to test extensions of the highly prospective Dig Fault Zone, a key structural feature known for its high-grade gold mineralisation.

The planned program will deliver up to 2,000 metres of diamond drilling, focusing on both infill and extensional targets. This approach aims to build on the outstanding historical intercepts previously reported, which include impressive grades such as 39.5 metres at 7.25 g/t gold and narrower zones exceeding 17 g/t gold. These results underscore the potential for significant resource growth within the project area.

Strategic Location and Geological Similarities

The Apollo Gold Project is strategically situated within the Melbourne Zone, a highly prospective geological setting that hosts major discoveries like Southern Cross Gold’s Sunday Creek project. The mineralisation style at Apollo shares key structural and geological characteristics with Sunday Creek, which has garnered strong market recognition for its high-grade epizonal gold deposits. This regional context adds weight to Adelong Gold’s exploration ambitions.

Managing Director Ian Holland emphasised the significance of the upcoming drilling campaign, stating that the Dig Fault Zone’s exceptional past intercepts provide a compelling foundation for defining a high-grade resource. The program’s results will be critical in underpinning future exploration efforts and resource modelling, potentially culminating in a maiden JORC resource estimate.

Operational and Strategic Implications

The drilling program is managed by Adelong Gold’s consulting geologist, Steven Cooper, and is expected to be completed within weeks. Assay results will follow shortly thereafter, with the company planning to accelerate follow-up drilling based on these outcomes. This proactive stance reflects Adelong Gold’s broader strategy to grow a portfolio of quality gold assets in proven Victorian gold belts.

Beyond Apollo, Adelong Gold is advancing its flagship Adelong Goldfield Project in New South Wales and holds a lithium portfolio in Brazil, positioning the company across multiple commodities and jurisdictions. The farm-in agreement with Great Divide Mining at the Adelong Goldfield Project further highlights the company’s commitment to fast-tracking production while maintaining exploration upside.

Looking Ahead

As Adelong Gold embarks on this pivotal drilling campaign, the market will be watching closely for assay results that could validate the project’s high-grade potential and support resource expansion. The success of this program could significantly enhance the company’s valuation and strategic positioning within the competitive Victorian gold exploration landscape.