Apollo Minerals Limited (Apollo Minerals or Company) reported excellent results from the Company's metallurgical test work program completed on representative samples from the province-scale Kroussou Zinc-Lead Project (Kroussou or Project) in Gabon. Highlights: · Excellent high recovery of contained metal has been demonstrated from flotation test work conducted by Independent Metallurgical Operations: o Zinc recovery into concentrate of 93.0% o Lead recovery into concentrate of 94.4% · Exceptional high-quality zinc and lead concentrates produced: o Zinc Concentrate Grade of 53.0% Zn o Lead Concentrate Grade of 70.0% Pb · Simple processing flowsheet and excellent metal liberation at a coarse grind size. Contained metal recoveries and concentrate grades are world class when compared to current global zinc and lead producers.

Validation of early-stage metallurgical test work with improved flowsheet and exceptionally positive results providing strong inputs for future feasibility study outcomes.