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from the last AON quarterly report. it could explain the share price movement today

A comprehensive review of all available data within the Orpheus JV Project area in the Fraser Range Province has recently been completed. With the exception of E63/1281, where previous work has identified disseminated nickel–copper sulphides in fertile mafic intrusives, minimal effective exploration has been undertaken over much of Apollo Mineral’s ground holding. A number of priority targets, both empirical and conceptual have been identified that require ground follow-up, including two airborne EM (HeliTEM) anomalies that had not been previously identified. A conceptual drill target has also been identified at the Plato Prospect located within E63/1281. A number of the targets identified are analogous to significant known nickel-copper sulphide deposits and exploration work programs have been designed to assess these targets The Company is currently appraising the findings of the review process and the recommended follow-up work programs on the identified targets and will develop a detailed plan for the next phase of nickel, copper and gold exploration within the Orpheus JV Project area during the June quarter