Apollo Silver Accepted into U.S. Defense Industrial Base Consortium
Globenewswire·2026-02-02 05:00

Core Viewpoint - Apollo Silver Corp. has been accepted into the U.S. Defense Industrial Base Consortium (DIBC), which aims to enhance collaboration across industry, academia, and government to support U.S. defense and national security priorities [1][4]. Group 1: DIBC Membership - The DIBC focuses on strategic and critical materials essential to U.S. national security, including initiatives to improve the resilience and security of domestic critical mineral supply chains [2]. - As a member of the DIBC, Apollo Silver will engage in federally sponsored initiatives related to the mining and processing of critical minerals such as silver, zinc, and barite [4]. - The acceptance into the DIBC highlights the strategic importance of U.S.-based critical mineral assets, particularly silver, which was included in the USGS List of Critical Minerals in November 2025 [5]. Group 2: Company Projects - Apollo Silver's Calico Project hosts significant silver mineralization along with barite and zinc, which are classified as critical minerals and are vital for industrial, infrastructure, and defense applications [3]. - The company is advancing the second largest undeveloped primary silver project in the U.S., with the Calico Project recognized for its large, bulk minable silver deposit and significant barite and zinc credits [6]. - Apollo Silver also holds an option on the Cinco de Mayo Project in Chihuahua, Mexico, which features a major high-grade carbonate replacement deposit [6]. Group 3: Leadership and Strategy - The company is led by an experienced management team, positioning it to advance its assets and deliver value through exploration and development [6]. - The CEO of Apollo Silver emphasized the company's alignment with U.S. priorities focused on supply-chain security, industrial resilience, and national defense [5].