Apollo Minerals Limited provided an update on drilling activities at the previously untested Niamabimbou Prospect (Niamabimbou), located 16km south of the Dikaki Prospect, at the Kroussou zinc-lead Project (Kroussou Project or Project) in Gabon. Drilling at the Niamabimbou Prospect commenced in July 2021 and focused on drill testing multiple targets defined by mapping and rock chip sampling. The overall drill program comprises approximately 100 holes for 5,000 meters of diamond drilling. This program represents the first ever drilling at Niamabimbou, which is developing into a potential new discovery with significant scale including a prospective strike length of ~8km. The Niamabimbou drill program is based on targeting derived from mapping and rock chip sampling completed in 2020. This work was successful in refining the interpreted geology of the sedimentary channels and generated numerous new high priority drill targets, with the potential to host significant tonnage of shallow base metals mineralization. To date, 19 drill holes for 970m have been completed at Niambimbou, with two rigs currently deployed at the Prospect. The majority of holes drilled have intersected visible Zn-Pb sulphide mineralization, as observed by in-field drill core logging, with visual identification of up to 8% galena (lead sulphide) content recorded locally (e.g., NBD0006 23.90m-24.25m). These first drill holes at Niamabimbou have targeted the northern region of the Prospect, and cover only approximately 1.5km of the ~8km prospective trend. Four other priority target areas are still to be drill tested at the Prospect. Based on visual observations from the drilling completed to date, a mineralized trend of up to 1.3km is being indicated in this initial target area; with the remaining ~7km of prospective trend at the Prospect still to be tested in this program. The presence of shallow, base metal sulphide mineralization in the majority of holes logged validates the Company's exploration targeting model. The initial geological logging of the drill holes is also showing potential for: a) coherent distinct sedimentary units that are hosting the mineralization in a similar geometric pattern to that observed at Dikaki; and b) coherent mineralization footprint across the entire channel. Intervals of Zn-Pb sulphide mineralization have been identified using a combination of visual identification, with assistance of a hand-held XRF (`pXRF' readings) and indicates the presence of broad mineralization ranging from 2 to 20m true thickness. These intervals contain observed sulphide mineralization between 0.5% to 8.0% Zn-Pb sulphide content (sphalerite + galena) in holes (NBDD001, 2, and 4-16, see Table 1) typically in the range of 1 to 4% sulphides, with localized intervals of more intense mineralization (2-8% Zn-Pb sulphide content over 0.2 to 4.0m) that form part the broader mineralized packages. The various styles of mineralization encountered to date include coarse galena veinlets associated with cavities/fractures, disseminated galena and sphalerite (zinc sulphide) within sandstones, and coarse galena veinlets and fine-grained sphalerite associated with carbonate lithologies. It is important to note that both the visual identification of sulphide mineralization, and the use of a hand-held XRF, are empirical methods of mineralization identification; and that final laboratory analysis of the drill core samples is required to demonstrate actual Zn-Pb grades. Assays are pending from this drilling and results are expected in the coming weeks. Niamabimbou Prospect Geology and Targeting: Drill targeting at Niamabimbou includes a focus on defining mineralization around broader channel targets, as well as interpreted horst related faulted `weir' outcrops. The `weir' targets are indicated in four areas where a dominance of conglomerate and/or microconglomerate outcrop has been mapped. These outcrops have been interpreted as a shallow underlying basement, compared to the other parts of the channel where sandstone and siltstone are dominant lithologies. These `weirs' are potentially the result of fault-related horst type features in the basement and their external margins are considered favorable geomorphologic settings for potential high-grade mineralization in part due to the presence of clastic sediments. Mineralized outcrops identified on the weir margins represent priority drilling targets, particularly in the zones "Wr2" and "Wr3". High priority drilling targets were also identified at Niamabimbou NE (NB-NE) where a zone of mineralized outcrops (including JBR049 and JBR069 which returned 7.14% and 8.15% combined Zn-Pb respectively) extends 400m by 150m, with potential extending down-dip and laterally to the south and west. Recent results of soil geochemistry in this area delineated a significant Zn-Pb anomaly approximately 1.5km long by 200m wide.