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Apollo Minerals Limited (ASX:AON)

ALERT: Price-sensitive ASX Announcement for AON
Current share price for AON : $0.068 0.005 (7.94%)+
Announcement
Release
24 Aug 2026 9:03AM
Price at Release
$0.063
Full Release
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Summary
Apollo Minerals Limited has announced the identification of further zones of tungsten mineralisation at the Salau mine, part of the Couflens Project in France. The project includes the Veronique and Veronique Upper zones where historical data has been reviewed, revealing significant tungsten deposits with grades exceeding those of modern tungsten mines. The historical Salau mine, known for its high-grade tungsten production, operated from 1971 to 1986. Ongoing efforts aim to expand and identify unmined high-grade mineralisation, supported by extensive historical data review and digitisation. Upcoming drilling in the unmined zones, particularly the Veronique Upper Zone, is intended to validate and expand the known mineralisation, which could lead to further discoveries along the 4km mineralised trend. This initiative is part of strategic plans to leverage the globally significant tungsten and gold resources within the Couflens project.
Key Points
  • Further zones of tungsten mineralisation identified at Salau.
  • Salau mine historically operated from 1971 to 1986, producing high-grade tungsten.
  • Veronique and Veronique Upper zones are key focus areas for new exploration.
  • Ongoing review of historical data reveals significant mineralisation potential.
  • Targeting extension of mineralisation along a 4km trend.
  • Upcoming Phase 1 drilling to expand on historical drilling and test mineralisation width.
  • Significant historical intercepts revealed in the Veronique Upper and Eagle zones.
  • Efforts supported by extensive historical report digitisation and validation.
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.