Australian iron ore exploration company Apollo Minerals Limited announce its result for the Q4 ending December 31st 2011

Highlights

1. Detailed ground gravity survey completed at Commonwealth Hill mapping zones of high grade iron mineralization

2. Final approval granted to allow exploration at Commonwealth Hill.

3. Commonwealth Hill Drilling programme planned for January
2012

4. Higher grade assay results and coincident gravity high anomaly in southern half of the Sequoia prospect indicating potential for Direct Shipping Ore grade mineralization

5. Placement made to institutional and sophisticated investors raising AUD 1.3 million