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Apollo Minerals Completes Phase 2 Drilling at Salanie Gold Project

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Apollo Minerals Completes Phase 2 Drilling at Salanie Gold Project

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Apollo Minerals Limited ( (AU:AON) ) has provided an announcement.

Apollo Minerals Limited has completed its Phase 2 drilling campaign at the Salanie Gold Project in Gabon, focusing on the A1, A3, and P6 prospects. The campaign, which follows promising results from the previous phase, included 14 drill holes totaling 1,695 meters. The company anticipates receiving results soon, which could impact its operations and market positioning. Additionally, Apollo Minerals raised approximately $2.0 million through a shortfall offer, with strategic investment from Capital DI Limited, enhancing its financial stability for future exploration activities.

More about Apollo Minerals Limited

Apollo Minerals Limited operates in the mining industry, focusing on exploration and development projects. Its primary product is gold, with a significant market focus on the Salanie Gold Project in Gabon.

YTD Price Performance: -9.09%

Average Trading Volume: 90,000

Technical Sentiment Signal: Buy

Current Market Cap: €8.88M

See more data about AON stock on TipRanks’ Stock Analysis page.

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