Apollo Minerals Ltd has initiated drilling at the Salanie Gold Project in Gabon, following promising Q4 2024 results. The company aims to expand its mineral footprint while also examining greenfield and brownfield targets. A strategic investment from Capital DI Limited has been made, reflecting confidence in the project, and strong investor interest was noted at a recent conference.
Apollo Minerals Ltd (ASX:AON, OTC:APOMF) has advanced its drilling efforts at the Salanie Gold Project in Gabon, as discussed by Managing Director Neil Inwood in a recent interview with Proactive’s Tylah Tully. Drilling began last week, building on promising results from Q4 2024, where visible gold was detected at the I1 system and trenching revealed 12 meters of 4 g/t gold near the surface.
The objective of the current drilling program is to expand the mineralized footprint in the area, marking Apollo Minerals’ first drilling operations in this location. Concurrently, field teams are concentrating on greenfield and brownfield targets, particularly around artisanal mining workings where coarse gold is being extracted, while also exploring potential extensions in the Koumba area.
Inwood highlighted a strategic financial investment from Capital DI Limited, which he believes demonstrates strong confidence in the project’s prospects. Additionally, he mentioned positive reception from investors during recent meetings at the 121 Conference in Cape Town, underscoring sustained interest in Apollo Minerals.
With active drilling operations in progress and numerous updates anticipated over the next few months, Apollo Minerals is positioned for a dynamic and promising year ahead, focusing on maximizing the potential from the Salanie Gold Project.
Apollo Minerals is making significant strides in its Salanie Gold Project in Gabon, with new drilling activities aimed at expanding discovered gold resources. The strategic investment from Capital DI Limited and positive investor feedback illustrate strong confidence in the project’s potential. With ongoing developments and expected updates, the company is gearing up for a hopeful year.
Original Source: www.proactiveinvestors.com.au
