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Apollo Minerals Limited ( (AU:AON) ) has shared an update.
Apollo Minerals is advancing the Couflens tungsten-gold project in France, leveraging historic production from the high-grade Salau tungsten mine and newly identified gold potential, with rock samples grading up to 24.5 grams per tonne and mineralisation confirmed to significant depths. Backed by strong French and EU policy support for critical raw materials and reinforced by recent equity raisings totaling $9.3 million, the company is funded for aggressive work programs that aim to reactivate the mine and unlock broader regional exploration upside, potentially strengthening its role in Europe’s critical minerals landscape.
More about Apollo Minerals Limited
Apollo Minerals Limited is an ASX-listed resources company focused on developing the high-grade Couflens tungsten-gold project in France. The company targets strategic critical minerals, particularly tungsten, and is positioning itself within the European supply chain amid growing EU and French support for domestic critical raw materials production.
YTD Price Performance: 570.0%
Average Trading Volume: 8,155,591
Technical Sentiment Signal: Buy
Current Market Cap: A$84.03M
For a thorough assessment of AON stock, go to TipRanks’ Stock Analysis page.