Apollo sells gold royalty

1st November 2017 By: Esmarie Iannucci - Creamer Media Senior Deputy Editor: Australasia

PERTH (miningweekly.com) – Junior Apollo Minerals has struck a A$1-million deal with African Mango over one of its royalty interests in the Pilbara gold region.

Apollo told shareholders on Wednesday that the company would retain its royalty interest over two areas located near recent gold discoveries, including Artemis Resources’ Mt OscarWits gold prospect.

Proceeds received from the African Mango sale would be used to advance current activities, the junior company said on Wednesday, including work at its 80%-held Couflens tungsten/copper/gold project, in France.