2021-07-21 by Proactive Australia
Apollo Minerals Limited (ASX:AON)(FRA:4AP) is confident it has a major zinc and lead discovery developing at the Kroussou Project in Gabon after delivering strong mineralised intercepts at shallow depths with shares soaring as a result.
Initial results from a diamond drilling program at the province-scale project have supported the optimism with hits of up to 32 metres at 3.1% zinc and lead, including 13.5 metres at 5.3%.
Assays from 11 diamond holes completed at Dikaki Prospect, just one of 18 prospects at Kroussou, have confirmed shallow high-grade zinc and lead mineralisation within 40 metres of surface.
Shares jump 67%
Other strong results:
S&P/ASX 200 gains 0.92% following a strong session in the US on Tuesday
In Japan, the Nikkei 225 led gains among Asia’s major markets as it rose 1.3% while the Topix index advanced 1.42%. Bitcoin fell again on Tuesday, breaking below the critical US$30,000 level.
S&P/ASX 200 (INDEXASX:XJO) gained 0.92% to 7,319 points by about 12.50 pm, reclaiming its losses from the past two days following a strong overnight session in the US.
The Dow Jones Industrial Average in the US jumped more than 500 points, mostly recovering from its Monday plunge.
NSW has recorded 110 new local COVID-19 cases in 24 hours off the back of a record 84,000 tests.