Apollo Files NI 43-101 Technical Report for the Calico Silver Project Updated Mineral Resource Estimate

Core Insights - Apollo Silver Corp. has filed an independent technical report for the updated Mineral Resource Estimate (MRE) for the Calico Silver Project, highlighting significant increases in silver and gold resources [1][2][4] Summary by Sections Technical Report - The report titled "NI 43-101 Technical Report and Mineral Resource Estimate for the Calico Silver Project" is dated October 16, 2025, with an effective date of June 30, 2025 [2] - Prepared by Stantec Consulting Ltd. in accordance with NI 43-101 standards, the report shows no material differences from previous disclosures [3] Mineral Resource Estimate Highlights - The 2025 MRE indicates a combined Measured and Indicated total of 55 million tonnes (Mt) at a grade of 71 grams per tonne (g/t) silver, totaling 125 million ounces (Moz) of silver, representing a 61% increase in tonnage and a 14% increase in silver ounces [6][8] - Inferred resources include 0.6 Mt at a grade of 26 g/t silver for a total of 0.51 Moz [6] - The updated Langtry MRE includes 24 million tonnes at a grade of 73 g/t silver for a total silver content of 57 Moz [6][8] - The report also includes inaugural estimates for barite and zinc resources, with significant quantities reported [6][8] Economic Considerations - The MRE update accounts for changes in commodity prices and mining costs since 2022/2023, enhancing the project's economic viability [5] - Sensitivity analyses indicate the resilience of the silver resource to changes in metal prices, suggesting significant growth opportunities remain [6] Project Overview - The Calico Project is located in San Bernardino County, California, encompassing 8,283 acres and is strategically positioned near infrastructure [9] - The geology of the project features a district-scale mineral system with a mineralized strike length of approximately 6,000 meters [10] Qualified Persons - The technical data has been reviewed and approved by independent Qualified Persons from Stantec, ensuring credibility in the resource estimation process [11][12] Company Background - Apollo Silver is advancing one of the largest undeveloped primary silver projects in the U.S., with significant barite and zinc credits recognized as critical minerals [13]