ASX ANNOUNCEMENT 11 MARCH2013 HIGHLY ANOMALOUS BASE AND PRECIOUS METALS ABOVE ACACIA EAST PROSPECT, TITAN HIGHLIGHTS • Wide ranging and highly anomalous base and precious metals responses confirmed above strong EM conductor and gravity high at Acacia East Prospect, Titan • Highly anomalous ‘pathfinders’ indicative of copper sulphide and IOCGU mineralisation • EM survey team remobilised to site to test for extensions to GS1 EM conductor • Final preparations are being made for initial reconnaissance drill testing of Acacia East Apollo Minerals Ltd (ASX: AON) (“Apollo” or “the Company”) advises that analysis of the recently received surface calcrete geochemistry from Acacia East confirms the presence of a wide range of highly anomalous base and precious metals including copper, silver, uranium, and platinum. The key pathfinders to copper sulphide and IOCGU mineralisation are also significantly above regional background levels and include iron, selenium, tellurium, lead, and the LREE cerium. The majority of highly anomalous results are situated above the inferred up-dip extension of the GS1 EM conductor, alongside the highest gravity response of 2.3mgal, indicative of very dense subsurface geology. Many of the elevated results are situated within the confines of the target gravity high. A ground EM survey team has been remobilised to site to test for extensions to the GS1 EM conductor. The EM team will also survey several other high priority targets. Final preparations are being made for the initial reconnaissance drill testing of the Acacia East base metals prospect. The drill programme is being designed to test the nearer-surface GS1 EM conductor and the nearby gravity high.Apollo Minerals Limited ASX code: AON www.apollominerals.com.au 2 Chief Operating Officer, Dominic Tisdell said “We are pleased that the results of the surface geochemistry programme have been as positive as they have. It is highly unusual to have such a large number of base and precious metals concentrated in one area. Many of the results are in the top 1% of comparative samples from the SA Government’s 16,000 plus regional reference sample set. Some results, including 1.2 g/t silver, 125 ppm lead and 1.6 g/t platinum are at the absolute top end and set new benchmarks for the region. We look forward to discovering what our initial reconnaissance drill testing tells us over the coming months.
