Adelong Gold (ASX:ADG) set to expand high-grade footprint at Apollo Project

Adelong Gold (ASX:ADG) set to expand high-grade footprint at Apollo Project

May 5, 2025 Off By MarketOpen

In a market increasingly hungry for quality ounces in proven districts, Adelong Gold (ASX:ADG) is sharpening its drill bits and ambitions at the Apollo Gold Project in Victoria—an asset that could yet rewrite the company’s growth story.

With drilling set to commence following receipt of all necessary approvals, Adelong is targeting the high-grade Dig Fault Zone, a structure that has already delivered standout historical hits such as 28m at 10.2g/t Au and 5.8m at 18.4g/t Au.

This is not a speculative scratch-the-surface program—it’s a surgical push to extend known mineralisation and pave the way for resource modelling.

Highlights

🛠️ Drilling to commence at Apollo after securing permits and contractor

🛠️ Focus on high-grade Dig Fault Zone: 2,000m of diamond drilling

🛠️ Historical hits: 39.5m at 7.25g/t Au; 28m at 10.2g/t Au; 77m at 1.14g/t Au

🛠️ Located in Victoria’s Walhalla Gold Belt, near Southern Cross’s Sunday Creek

🛠️ Assays expected in coming weeks, with resource work to follow

Managing Director Ian Holland sees Apollo as central to Adelong’s Victorian strategy.

“With permits in hand and a proven contractor engaged, we are excited to commence drilling at Apollo.

The Dig Fault Zone has delivered exceptional gold intercepts in the past, and this program is designed to test extensions of these zones as we work towards defining a high-grade resource,” Holland said.

What sets Apollo apart isn’t just geology—it’s geography.

Sitting in the Melbourne Zone, the project shares structural similarities with Sunday Creek, one of the most talked-about Victorian gold finds in recent years.

That’s no coincidence; Apollo’s style of epizonal mineralisation aligns with the new school of high-grade, structurally-controlled Victorian gold systems.

While some juniors are scrambling for capital or relevance, Adelong Gold has quietly built momentum.

Its NSW-based Adelong Goldfield already hosts 188,000oz and is advancing toward production under a farm-in with Great Divide Mining.

But it’s Apollo—fresh, high-grade and under-drilled—that may become the breakout star.

Assays from this round will do more than guide the next round—they’ll either validate Apollo’s comparison to its regional peers or consign it to footnote status.

For now, Adelong is drilling with intent, in a district where grade and structure have historically rewarded persistence.

In a sector fond of slogans, Adelong has avoided the hype.

But if Apollo delivers anything close to its historical intercepts, this quiet achiever may soon command a louder voice in Australia’s gold conversation.

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