Adelong Gold (ASX:ADG) extends soil anomalism at Apollo Gold Antimony Project

Adelong Gold (ASX:ADG) extends soil anomalism at Apollo Gold Antimony Project

January 23, 2026 Off By MarketOpen

Adelong Gold has completed a broad spaced auger soil sampling program at its 100% owned Apollo Gold Antimony Project in Victoria, confirming the continuity of gold in soil anomalism and extending the known geochemical footprint south of the historic Meade’s and Woolfe’s Falk’s workings.

The results provide regional scale context to earlier drilling and further define the geological setting of the Apollo area within the Tallangalook goldfield.

Highlights

  • Assays received from 218 B horizon auger soil samples collected along the Strathbogie Granite contact.

  • Soil geochemistry confirms continuous anomalism south of the historic Meade’s and Woolfe’s Falk’s open cuts.

  • Historical soil anomalism extended by an additional 200 m beyond previously defined limits.

  • Best gold in soil value of 259 ppb Au recorded south of the Woolfe’s Falk prospect.

  • Infill soil and rock chip sampling planned, with a follow up drilling program under evaluation.

The sampling program covered approximately 11 km of strike along the Strathbogie Granite contact within exploration licence EL006430.

The area is characterised by thick vegetation and limited outcrop, apart from scattered granite tors, making reconnaissance soil geochemistry an effective method for rapidly assessing large tracts of prospective ground.

A total of 218 samples were collected from the B horizon at an average depth of about 450 mm, providing a consistent dataset for defining near surface geochemical trends.

Results demonstrate that the distribution of elevated gold in soil is spatially coincident with areas of previously reported mineralisation at the Apollo prospect, which has been the focus of recent drilling.

Historical drill intercepts include broad and locally high grade zones such as 39.5 m at 7.25 g/t Au, including 10.6 m at 17.1 g/t Au, and 27.6 m at 10.2 g/t Au, including 13.0 m at 17.5 g/t Au.

These intercepts provide geological context for the soil anomalies and indicate that the surface geochemical signature reflects a mineralised system of meaningful scale.

The highest gold in soil value of 259 ppb Au was recorded immediately south of the Woolfe’s Falk prospect, in an area beyond the limits of historical soil coverage.

This extension of anomalism highlights a zone that has not yet been systematically tested by drilling and will be prioritised for tighter spaced infill soil sampling and rock chip work.

Mineralisation at Apollo is hosted within strongly faulted and broken metasediments along a near vertical north south oriented structure known as the Dig Fault, with gold occurring both as very fine grained electrum and calaverite disseminations and as free gold associated with quartz muscovite veins and stockwork stringers.

The association of gold with tellurium supports an intrusive related system, similar in style to other Victorian deposits such as Belltopper, Mt Piper and Myrtle Creek, and distinct from typical vein hosted orogenic systems of the central Victorian gold province.

In commenting on the results, Managing Director Ian Holland stated that

“these results validate the extensive gold in soil anomalism identified by historical soil sampling and extend that anomalism south by an additional 200 m. The extent of the anomaly suggests the potential for a much bigger system that remains untested outside the immediate focus area of recent Adelong drilling.”

The Apollo project lies within the Tallangalook goldfield, where the Meade’s mine historically produced 8,615 oz Au from open cut operations, with broader alluvial production in the district estimated between 135,500 oz and 400,000 oz.

The tenement also hosts epizonal gold stibnite systems such as the Heyfield Reef and Star of the Glen Reefs, reinforcing the project’s dual gold and antimony endowment.

With regional scale geochemical continuity now demonstrated over several kilometres of strike, the next phase of work will focus on refining targets through infill soil and surface sampling, followed by evaluation of a follow up drilling program.

Within the broader Victorian exploration landscape, the results underscore the ongoing relevance of systematic geochemical programs in advancing structurally controlled gold systems that remain only partially tested beneath historical workings and shallow cover.

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