Apollo Minerals

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Market Cap:
$4.04 m
0.01 AUD
52 weeks high
52 weeks low

In brief

Apollo Minerals is an ASX listed company focused on the development of the Kroussou Project in western Gabon.

At the Kroussou Project, the Company is focused on the exploration of a significant, large scale, near surface zinc-lead project, located in Gabon, within an emerging world class base metals province.

A strong pipeline of news flow is expected as the Company commences an exploration program at the Kroussou Project, including drilling to delineate the Project’s scale. Only four out of the 18 prospects identified have been drill tested to date, with all four channels intersecting zinc-lead mineralisation at very shallow depths.

Initial exploration will focus on defining sufficient shallow (open-pittable), high grade zinc-lead mineralisation to justify commencement of feasibility studies.

The Company is also advancing an application for the Aurenere tungsten and gold project in Spain and continuing with an appeal process in the court of Bordeaux, supported by the French state, to regain the Couflens tungsten and gold project in southern France.

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The dual-listed small cap is on a $4.2 million capital raising drive as it seeks to advance the Kroussou Zinc-Lead Project in western Gabon.