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Apollo Minerals rolling up its sleeves at the Salau tungsten mine

Whereas a general global average for a tungsten mine might run at about 0.3% tungsten trioxide (WO3), grades at Couflens run at an average of 1.5% and were as high as 2.5% WO3 when the mine closed around 40 years ago.

Tungsten sample
Most of the focus now will be on working up the Couflens tungsten and gold asset, as well as the new Aurenere project which borders it on the other side of the Spanish frontier

Apollo Minerals Limited (ASX:AON) intends over the coming months to review drilling proposals at the historical high-grade Salau tungsten mine in France.

Highlights of the quarter just ended included the acquisition of the remaining 20% interest in the Couflens Project in France, which includes the Salau, and the commencement of a work programme to reinstall mine services at Salau.

READ Apollo Minerals sets out to restart the world’s highest grade tungsten mine​

Looking ahead, the company intends to interpret geophysical data obtained from the initial work programme at Salau and submit applications for further work at the project.

The company said will review drilling proposals, select a preferred bidder and submit drill programme applications after the completion of health and safety risk assessments.

After the relevant approvals have been obtained, the company will complete the programme to reinstall mine services at Salau.

Meanwhile, Apollo said it would advance applications for drilling at the Aurener project in Spain as part of the ongoing investigation permit application.

The debt-free company ended the quarter with A$4.4mln in cash.

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Apollo Minerals Ltd - Mining Capital Conference May 2019

Apollo Minerals Limited's (ASX:AON) Hugo Schumann presents to investors at the Proactive Mining Capital Conference in London. Apollo's continuing to progress restart work at the Salau Tungsten Mine within its Couflens project in southern France. For more information visit...

on 8/5/19

2 min read