MINING REFINING

Home   >   Mining Refining

  • Apollo Minerals advances Salanie gold drilling in Gabon

    Tue Feb 11 2025

     

    Apollo Minerals Ltd (ASX:AON, OTC:APOMF) managing director Neil Inwood talked with Proactive’s Tylah Tully about recent drilling progress at the Salanie Gold Project in Gabon and a strategic investment from Capital DI Limited. Inwood said that drilling commenced last week, following up on significant results from Q4 2024 when visible gold was identified at the I1 system and trenching results showed 12 metres at 4 g/t near the surface.

     

    The company is now focused on expanding the mineralised footprint with its first-ever drilling in the area.

     

    In addition to drilling, Apollo Minerals' field teams are working on greenfield and brownfield targets, including artisanal workings where coarse-grained gold is being recovered.

     

    The team is also investigating potential extensions of the gold system at the Koumba area.

     

    On the funding side, Inwood discussed the strategic investment from Capital DI Limited, which he said reinforced confidence in the project’s potential.

     

    He also shared insights from recent investor meetings at the 121 Conference in Cape Town, where interest in Apollo Minerals remained strong.

     

    With drilling well underway and multiple news updates expected in the coming months, Apollo Minerals is looking ahead to an exciting year.

     

    Source: https://www.proactiveinvestors.com/

Top