High Grade Tungsten Mineralisation Confirmed at Couflens

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Stock Apollo Minerals Ltd (AON.ASX)
Release Time 9 Apr 2026, 8:56 a.m.
Price Sensitive Yes
 High Grade Tungsten Mineralisation Confirmed at Couflens
Key Points
  • Significant historical intercepts of up to 5.3% WO3 identified in unmined Veronique Zone
  • Potential for gold mineralisation up to 24.5g/t Au associated with tungsten
  • Multiple unsampled drill holes with logged scheelite add to exploration potential
Full Summary

Apollo Minerals Limited has reviewed historical data from the Couflens Project in France, focusing on the unmined Veronique Zone. The review has identified a data set of 950 diamond holes and 2,700 underground face samples, with significant historical intercepts including 20.0m @ 1.4% WO3, 12.6m @ 1.6% WO3, and 9.2m @ 2.1% WO3. The company has also identified potential for gold mineralisation, with up to 24.5g/t Au associated with the tungsten mineralisation. In addition, the review has found numerous drill holes that were logged to contain scheelite but were not sampled, adding to the exploration potential of the project. The Couflens Project includes the historical Salau mine, which was one of the world's highest grade tungsten mines when it operated. Apollo Minerals is progressing permitting and engagement with stakeholders to advance mine access and future drilling activities.

Outlook

The company is progressing permitting, engagement with the government and local stakeholders, and discussions with potential contracting partners to advance mine access, in preparation for future drilling activities.