Nice little article from St0ckhead. Doesn't add too much too what was in the announcement except that Sprott are impressed so far, and speculation zinc may be put on the US critical minerals list are two key takeaways.Like Rumble’s Earaheedy discovery, but possibly bigger
Sprott compares Apollo’s zinc and lead discoveries in **on to base metal exploration success by Rumble Resources (ASX:RTR) and Strickland Metals (ASX:STK). Both companies have re-rated in 2021 after announcing discoveries in the Earaheedy Basin in WA.
While AON’s current market cap is dwarfed by Rumble and Strickland, early indications from Kroussou suggest the project has both the scale and quality to more than match its Australian counterparts.
Kroussou contains sulphides from surface, indicating possible metallurgical advantages when compared to processing oxidised zinc and lead.
In a research note sent to clients, Sprott analyst Brock Salier described Kroussou as an “emerging world class base metals complex,” and based on his comparison of Kroussou against Rumble, Salier stated that AON “could be the start of something massive, so worthy of a look”.
Supply concerns over zinc have pushed zinc prices to ten year highs. The metal is gaining more attention with potential uses in emerging battery technologies and related speculation that Zinc will be an addition to the US Critical Minerals List
