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Apollo Minerals Reports Intercept Results at Mt Oscar Exceed Expectations
Thursday October 22, 2009, 11:14 am

Original Announcement: Intercept Results at Mt Oscar Exceed Expectations

Apollo Minerals announced continuing success from its drilling campaign at its Mt Oscar tenement in the Pilbara in Western Australia. The intercepts comprising magnetite rich iron ore horizons surpassed the expectations of the company by a margin of 37%. The expectation was that the drilling would produce total intercepts widths of 560m whereas the drilling produced total intercept widths of 768m. Thickening of the Banded Iron Formation appears to be associated with intense folding resulting in these significant magnetite intercept.

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