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Apollo Minerals Limited (AON) is a diverse iron, base and precious metals explorer dedicated to the technical and responsible progression of its projects across Australia and western Central Africa. Apollo’s objective is to enhance shareholder value through the advancement of projects through discovery, development and mining. Apollo follows an exploration strategy targeting highly prospective projects, which are situated close to existing infrastructure, and within range of suitable ports. The Company’s primary focus is the development of its Commonwealth Hill Iron, and Titan Base & Precious Metals projects in the Gawler Craton, South Australia. Apollo plans to be building a mining venture at the Commonwealth Hill Iron Project, which is capable of producing a 1Mtpa of high grade, coarse magnetite product for export. The development plan is aimed at a staged approach that reinvests operating cash flow to responsibly increase production to sustainable mining rates. The proximity of the Commonwealth Hill Iron Project to existing infrastructure makes this an achievable scenario. -
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