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Apollo Minerals Limited (ASX:AON)

ALERT: Price-sensitive ASX Announcement for AON
Current share price for AON : $0.047 0.036 (327.27%)+
Announcement
Release
31 Oct 2025 9:33AM
Price at Release
$0.011
Full Release
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Summary
Apollo Minerals Limited's September 2025 Quarterly Report highlights exploration activities and financial performance. The company focused on its Salanie Gold Project in Gabon, completing Phase 2 drilling, which revealed potential gold mineralization in various prospects. Additionally, Apollo continued exploration at the Kroussou Zinc-Lead Project, completing field mapping and sampling programs. Financially, the company reported a net cash outflow from operating activities and maintained cash reserves and equity investments. Apollo plans to secure additional funding to sustain operations and pursue project development.
Key Points
  • Completion of Phase 2 drilling at Salanie Gold Project reveals potential gold mineralization.
  • Exploration continued at Kroussou Zinc-Lead Project with field mapping and sampling.
  • Apollo reported a net cash outflow from operating activities.
  • The company holds cash reserves and equity investments in Constellation Resources and Bindi Metals.
  • Apollo plans to secure additional funding to continue operations and project development.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.