About Apollo Minerals
Apollo Minerals is an ASX listed company focused on the development of the Couflens Project in southern France and progressing the adjacent Aurenere Project in neighbouring Spain.
At the Couflens Project, the Company is focused on the potential reactivation of the historical Salau mine which was one of the world’s highest-grade tungsten mines and remains open at depth.
The reactivation of the Salau tungsten mine has the potential to deliver one of Europe’s most critical raw materials to French and other European industries.
The Company is also conducting regional exploration programs. Recent work programs have confirmed the presence of widespread high grade gold (up to 33.9 g/t) and tungsten (up to 8.25% WO3) within the Company’s large landholding in this highly prospective region of the Pyrenees.
The Company is continuing to assess the numerous regional exploration targets that have been identified within the Couflens and Aurenere Project areas. Further surface exploration programs and airborne geophysical surveys are planned to be undertaken in order to refine these targets and advanced them to the drill ready stage.
All programs are carried out with a strong commitment to both sustainable development and proactive stakeholder engagement as the Company seeks to develop and maintain positive relationships with its host communities and stakeholders.
OUR VISION & STRATEGY
At the Couflens Project, Apollo Minerals is working towards the reactivation of the Salau tungsten mine which remains open at depth, with significant gold potential. The mine was previously one of the world’s highest-grade tungsten mines, producing tungsten at an average grade of 1.5% WO3.
The growing concern over the security and sustainable supply of tungsten among businesses and governments has led to the European Union declaring tungsten one of Europe’s most critical metals.
Tungsten is used in many heavy industries, including aerospace, manufacturing, automotive and military, and in most applications it is not substitutable.
Apollo Minerals’ vision is that the Couflens Project will once again become a major strategic supplier of tungsten to French and European industries from its location in the heart of the European Union.
President Emmanuel Macron has indicated his support for the reactivation of the mining industry in France.
Apollo Minerals is conducting regional exploration programs, focused initially on gold, at the Couflens Project and adjacent Aurenere Project in neighbouring Spain.
Recent work programs have confirmed the presence of widespread high grade gold (up to 33.9 g/t) and tungsten (up to 8.25% WO3) within the Company’s large landholding in this highly prospective region of the Pyrenees.
The Company will assess these identified tungsten and gold prospects and advance them to the drill ready stage.
Apollo Minerals is committed to developing the Couflens Project with a strong commitment to both sustainable development and proactive stakeholder engagement, from the local communities to the national government.