Apollo Minerals Acquires Aurenere Project Along Strike From Couflens
The Esplanade Perth, WA / March 21, 2018 / JMN Wire / Apollo Minerals Limited (ASX: AON) (“Apollo Minerals” or “Company”) is pleased to advise that the Company has entered into an agreement to acquire a 75% interest in the Aurenere tungsten-gold project (“Aurenere Project”) in northern Spain, along strike and consistent with the geology from its Couflens Project in France.
The Aurenere Project comprises an Investigation Permit application that covers a 55km2 area directly adjacent to the Company’s Couflens Project in France, which includes the historic Salau mine, previously one of the world’s highest-grade tungsten mines when it operated from 1971 to 1986.
- Apollo Minerals has entered into an agreement to acquire a 75% interest in the Aurenere tungsten-gold project in northern Spain
- The Aurenere Project is contiguous with the Company’s Couflens Project in neighbouring France, and provides an extension of strike along a highly prospective corridor for tungsten and gold
- The acquisition follows impressive recent field campaigns at the Couflens Project that identified numerous exploration targets and confirmed the presence of widespread tungsten (up to 8.25% WO3) and high grade gold (up to 24.5 g/t) in the region
- An initial reconnaissance field campaign has been carried out at Aurenere with the results to be released once verified