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Apollo Minerals Limited (ASX:AON)

ALERT: Price-sensitive ASX Announcement for AON
Current share price for AON : $0.054 -0.017 (-23.94%)+
Announcement
Release
9 Apr 2026 8:56AM
Price at Release
$0.071
Full Release
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Summary
Apollo Minerals Limited has confirmed significant high-grade tungsten mineralisation in the unmined zones of the Couflens Project in France. Historical data review has identified intercepts with grades as high as 5.3% WO3 around the Veronique Zone, part of the historical Salau mine, which was renowned for its high tungsten grades. A comprehensive database of diamond drill holes and underground samples is under validation. The company's efforts include engaging with local authorities for permits and preparing for future drilling, with potential gold mineralisation also noted in association with the tungsten.
Key Points
  • Apollo Minerals Limited confirms high-grade tungsten mineralisation in unmined zones at Couflens.
  • The Couflens Project is located in France, with the Salau mine being historically one of the world's highest grade tungsten mines.
  • Significant historical intercepts include up to 5.3% WO3.
  • A database of 950 diamond holes and 2,700 underground face samples has been identified and is under validation.
  • High-grade trend and down dip targets have been identified around the Veronique Zone.
  • There is ongoing review and validation of historical mining and drilling information.
  • Apollo Minerals is engaging with government and local stakeholders for permitting and future drilling activities.
  • Potential for gold mineralisation is associated with tungsten mineralisation at surface.
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.