Apollo Minerals Says Phase 2 Drilling at Africa Gold Project Progressing With Five Holes Completed; Shares Up 6%

MT Newswires Live

03-06

Apollo Minerals (ASX:AON) said phase 2 drilling at Salanie gold project in Gabon, Central Africa is progressing with five holes and 520 meters completed, according to a Wednesday Australian bourse filing.

Two holes from the campaign have been submitted for analysis, the filing added.

This drilling follows high-grade results from 2024 phase 1 drilling, which identified shallow gold mineralization of 5.8 meters at 8.2 grams per tonne of gold.

Company shares rose nearly 6% in recent Thursday trade.

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