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Apollo Minerals Limited ( (AU:AON) ) has issued an announcement.
Apollo Minerals Limited has identified significant gallium and zinc mineralisation at its Kroussou project in Gabon. The discovery of gallium within the sedimentary rocks and surface zinc outcrops in undrilled areas suggests potential for valuable mining credits and further exploration opportunities. This finding could enhance Apollo’s industry positioning, given gallium’s critical role in semiconductor and LED production, and the current global supply dominated by China.
More about Apollo Minerals Limited
Apollo Minerals Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company is primarily involved in zinc and lead projects, with a significant market focus on the Kroussou Zinc-Lead Project in Gabon.
YTD Price Performance: -16.67%
Average Trading Volume: 1,482,865
Technical Sentiment Signal: Sell
Current Market Cap: A$7.43M
See more insights into AON stock on TipRanks’ Stock Analysis page.