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An announcement from Apollo Minerals Limited ( (AU:AON) ) is now available.
Apollo Minerals has reported the first results from its review of historical data at the Couflens tungsten-gold project in France, confirming significant high-grade tungsten mineralisation in and around the unmined Veronique Zone of the former Salau mine. The dataset, comprising 950 diamond drill holes and 2,700 underground face samples, has revealed intercepts of up to 5.3% WO3 and multiple thick zones grading above 1% WO3, highlighting substantial remaining mineral potential.
The review has also identified numerous historical drill holes logged with scheelite and skarn that were never assayed, suggesting further upside as unsampled intervals are evaluated and validated. Apollo is advancing permitting, stakeholder engagement and discussions with potential contractors to restore underground access and prepare for future drilling, moves that could accelerate the redevelopment of one of Europe’s premier tungsten assets and enhance the company’s strategic position in critical minerals.
The most recent analyst rating on (AU:AON) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Apollo Minerals Limited stock, see the AU:AON Stock Forecast page.
More about Apollo Minerals Limited
Apollo Minerals Limited is an Australia-based exploration and development company focused on tungsten and gold projects, with a key asset at the Couflens project in France. The project includes the historic Salau mine, once among the world’s highest-grade tungsten operations, positioning the company in a strategic critical minerals segment with exposure to European supply chains.
YTD Price Performance: 550.0%
Average Trading Volume: 14,298,939
Technical Sentiment Signal: Buy
Current Market Cap: A$81.53M
See more data about AON stock on TipRanks’ Stock Analysis page.

