Apollo Minerals Limited Iron ore and base metals in Australia and Africa Apollo Minerals (ASX: AON)...
2
Apollo Minerals Limited Iron ore and base metals in Australia and Africa Apollo Minerals (ASX: AON) is a minerals exploration company focused on identification, acquisitions and development of projects in Australia and Africa. Apollo has the exploration rights at Commonwealth Hill for 1467 km² in the Cooper Pedy region of South Australia and mineral tenements at Mount Oscar (273 km²) in the Pilbara region of Western Australia. Apollo also has a 70% interest (acquiring 82.5%) in the Kango North Project (398 km²) in Gabon on the west coast of Central Africa. These tenements are known to contain two significant iron ore deposits which remain open in all directions. In South Australia, Apollo has several large scale magnetic and gravity anomalies that may also host significant quantities of iron ore, base metals , copper, nickel, gold, REE and PGE. • Strategic partner negotiations underway to fund iron ore exploration and development. • Key investors focused on product off-take including Jindal Steel and Power Ltd ($15b Indian mining house). • Outlook for iron ore is strong with continuing demand from China. • Significant upside on base metals targets in South Australia with projects in the region of Olympic Dam and Prominent Hill mines. • Focused on delivering on the value potential of Apollo’s assets through responsible exploration and development. Capital Structure ASX Ticker code AON Share Price $0.02 Market Cap $6m Fully paid shares 327m Options * 67m Directors & Management Tony Ho Chairman Dominic Tisdell CEO Richard Shemesian Exec. Director Matthew Rimes Non-Exec. Director Guy Robertson CFO Derek Pang Exploration Manager Assets SA - Commonwealth Hill Iron 100% SA - Titan Base- Precious Metals 100% SA – Marmota & Mincor farm-ins Earning 75% WA - Mount Oscar Iron 100% Gabon – Kango North Iron 70% For further information please contact: Dominic Tisdell E: [email protected] Telephone: +61 2 9078 7665 W: www.apollominerals.com.au * In the money options exercise price range between 5c - Apol lo Oz Minerals Prominent Hill BHP Olympic Dam Apollo’s project is in the Gawler Craton South Australia as at 12- 02-2014
-
Upload
jonas-copeland -
Category
Documents
-
view
218 -
download
0
Transcript of Apollo Minerals Limited Iron ore and base metals in Australia and Africa Apollo Minerals (ASX: AON)...
Apollo Minerals LimitedIron ore and base metals in Australia and Africa
Apollo Minerals (ASX: AON) is a minerals exploration company focused on identification, acquisitions and development of projects in Australia and Africa.
Apollo has the exploration rights at Commonwealth Hill for 1467 km² in the Cooper Pedy region of South Australia and mineral tenements at Mount Oscar (273 km²) in the Pilbara region of Western Australia. Apollo also has a 70% interest (acquiring 82.5%) in the Kango North Project (398 km²) in Gabon on the west coast of Central Africa.
These tenements are known to contain two significant iron ore deposits which remain open in all directions. In South Australia, Apollo has several large scale magnetic and gravity anomalies that may also host significant quantities of iron ore, base metals , copper, nickel, gold, REE and PGE.
• Strategic partner negotiations underway to fund iron ore exploration and development.
• Key investors focused on product off-take including Jindal Steel and Power Ltd ($15b Indian mining house).
• Outlook for iron ore is strong with continuing demand from China.
• Significant upside on base metals targets in South Australia with projects in the region of Olympic Dam and Prominent Hill mines.
• Focused on delivering on the value potential of Apollo’s assets through responsible exploration and development.
Capital Structure
ASX Ticker code AON
Share Price $0.02
Market Cap $6m
Fully paid shares 327m
Options * 67m
Directors & Management
Tony Ho Chairman
Dominic Tisdell CEO
Richard Shemesian Exec. Director
Matthew Rimes Non-Exec. Director
Guy Robertson CFO
Derek Pang Exploration Manager
Assets
SA - Commonwealth Hill Iron 100%
SA - Titan Base-Precious Metals 100%
SA – Marmota & Mincor farm-ins Earning 75%
WA - Mount Oscar Iron 100%
Gabon – Kango North Iron 70%
For further information please contact: Dominic Tisdell E: [email protected]: +61 2 9078 7665 W: www.apollominerals.com.au
* In the money options exercise price range between 5c - 25c
Apollo Oz MineralsProminent Hill
BHP Olympic Dam
Apollo’s project is in the Gawler Craton South Australia
as at 12-02-2014
Apollo Minerals LimitedIron ore and base metals in Australia and Africa
Highlights
•Iron ore project with Exploration Target > 500Mt (JORC Resource of 72Mt).
•Final iron product grade 65- 69%Fe low in impurities.
•Ground gravity survey at the Acacia East prospect at Apollo’s 100% owned Titan Base-Precious Metals project has shown key geophysical characteristics common to high quality IOCGU deposits e.g. Olympic Dam.
•High density body identified, which is indicative of a haematite host. Gravity Survey results from other prospects in the project area are pending.
•A very large target has been confirmed; gravity anomaly outlines a potential mineralisation system measuring approx. 4km x 1.5km x 2km in size.
•The vertical profile interpretation represents a ‘classic IOCGU alteration’ model similar to the Olympic Dam deposit.
•Co-incident gravity high, magnetite alteration, high strength electro-magnetic conductors and surface base metals anomalism adjacent to major regional fault provides the ideal setting for a high quality IOCGU target.
•Apollo’s targeted exploration has provided strong confidence in the potential of the prospect to host a major IOCGU deposit.
GAWLER CRATON, SOUTH AUSTRALIA Commonwealth Hill Iron Ore Project & Titan Base Metals project
For further information please contact: Dominic Tisdell E: [email protected]: +61 2 9078 7665 W: www.apollominerals.com.au
