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Apollo Files NI 43-101 Technical Report for the Calico Silver Project Updated Mineral Resource Estimate
Globenewswire· 2025-10-16 23:20
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]
Apollo Silver Meets Top County Leaders at San Bernardino County Forum
Globenewswire· 2025-10-06 11:00
Highlights Ongoing Support for Responsible Mining DevelopmentVANCOUVER, British Columbia, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo Silver” or the “Company”) (TSX.V:APGO, OTCQB:APGOD, Frankfurt:6ZF) is pleased to announce that it was invited to participate in an industry luncheon with the San Bernardino County’s (the “County”) new Land Use Director, Miguel Figueroa, on September 30, 2025. The event was hosted by County Chair Dawn Rowe, and former Chairman Robert Lovingood, and brought t ...
Apollo Silver Engages Capital Analytica for Marketing and Social Media Services
Globenewswire· 2025-09-24 11:00
Core Insights - Apollo Silver Corp. has engaged Capital Analytica for marketing and social media services, with a contract valued at US$120,000 for an initial six-month term [1][2] - Ross McElroy, the current CEO and President, has been appointed to the Board of Directors, bringing over 38 years of mining industry experience [2][3] - Apollo Silver is advancing one of the largest undeveloped primary silver projects in the US, the Calico Project, which includes significant barite credits [4] Company Engagements - Capital Analytica will provide social media services, capital markets consultation, and social engagement reporting, subject to TSX Venture Exchange approval [1] - The consulting services agreement was signed on September 22, 2025, and payment will be made in two tranches [1] Leadership - Ross McElroy has a distinguished background in the mining industry, recognized for his contributions to the discovery of world-class uranium and gold orebodies [3] - His accolades include being named The Northern Miner's "Mining Person of the Year" in 2013 and receiving the PDAC's "Bill Dennis Award" in 2014 [3] Project Overview - The Calico Project is noted for its large, bulk minable silver deposit, which is critical for the US energy and medical sectors [4] - The company has also optioned the Cinco de Mayo project in Chihuahua, Mexico, known for its high-grade and large tonnage CRD deposit [4]
Apollo Announces Effective Date of Share Consolidation
Globenewswire· 2025-09-10 20:00
Core Viewpoint - Apollo Silver Corp. will proceed with a consolidation of its common shares at a ratio of five pre-Consolidation Shares for one post-Consolidation Share, effective September 15, 2025 [1][2]. Share Consolidation Details - The total number of shares currently issued and outstanding is 242,610,395, which will reduce to approximately 48,522,067 post-Consolidation [2]. - No fractional shares will be issued; any resulting fractions will be rounded to the nearest whole Share [3]. - The Company's outstanding incentive stock options, warrants, and other convertible securities will be adjusted proportionately to reflect the 5:1 Consolidation ratio [3]. Administrative Process - A letter of transmittal will be sent to registered shareholders with instructions for exchanging pre-Consolidation Shares for post-Consolidation Shares [4]. - Shareholders can obtain additional copies of the letter of transmittal through the Transfer Agent [4]. Company Overview - Apollo Silver Corp. is advancing one of the largest undeveloped primary silver projects in the U.S., the Calico project, which has significant barite credits [5]. - The Company also holds an option on the Cinco de Mayo Project in Mexico, known for its high-grade carbonate replacement deposit [5]. - Apollo is led by an experienced management team, positioning the Company to deliver value through exploration and development [5].
Apollo Increases Measured and Indicated Silver Resource Estimate at Calico Project
GlobeNewswire News Room· 2025-09-04 13:32
Core Viewpoint - Apollo Silver Corp. has announced an updated independent Mineral Resource estimate for its Calico Silver Project, showing significant increases in silver, barite, and zinc resources, enhancing the project's overall value and potential for development [1][4][37]. Mineral Resource Estimate - The 2025 Mineral Resource estimate (MRE) for the Waterloo property indicates a total of 55 million tonnes (Mt) at a grade of 71 grams per tonne (g/t) silver, equating to 125 million troy ounces (Moz) of silver, representing a 61% increase in tonnage and a 14% increase in silver ounces compared to the previous estimate [1][5][6]. - The Inferred category now includes 0.51 Moz of silver in 0.6 Mt at an average grade of 26 g/t [5][37]. - The Langtry property has an Inferred resource of 57 Moz of silver in 24 Mt at an average grade of 73 g/t [5][37]. Additional Resources - The updated resource includes inaugural estimates for barite (2.7 Mt at 7.4% BaSO4) and zinc (354 million pounds at 0.45% Zn) in the Indicated category, with additional Inferred resources of 0.65 Mt BaSO4 and 258 million pounds Zn [6][37]. - Gold resources have increased by 86% in the Inferred category, totaling 0.13 Moz in 17 Mt at a grade of 0.25 g/t [6][37]. Project Development Potential - The Calico Project is noted for its low economic strip ratio of 0.8:1, indicating favorable conditions for extraction [6][8]. - The presence of additional critical minerals such as barite and zinc aligns with U.S. critical mineral lists, enhancing the project's strategic importance [4][6]. - Future exploration is expected to target further mineralization along strike and at depth, particularly for gold and silver [6][8]. Geological Context - The Calico Project is located in San Bernardino County, California, and features a mineralized strike length of approximately 6,000 meters, primarily composed of silver-dominant epithermal vein-type and stockwork-type mineralization [35][36]. - The mineralization at both the Waterloo and Langtry properties is characterized by shallow depths, which supports the potential for economic extraction [8][36]. Management Commentary - The President and CEO of Apollo Silver Corp. emphasized the increasing value, scale, and optionality of the Calico Project, highlighting the potential for further discoveries and the upcoming Preliminary Economic Assessment (PEA) [4].
Apollo to Proceed with 5-for-1 Share Consolidation
Globenewswire· 2025-09-02 11:00
VANCOUVER, British Columbia, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce that, further to the Company’s news release dated October 3, 2024, it intends to proceed with the consolidation (the “Consolidation”) of its issued and outstanding common shares (“Shares”) on the basis of five (5) pre-Consolidation Shares for every one (1) post-Consolidation Share. “Consolidation of the Company Shares should result ...
Apollo Expands Project Team; Receives Drill Permit for Calico Silver Project
Globenewswire· 2025-08-25 11:00
Core Viewpoint - Apollo Silver Corp. is advancing its Calico Silver Project with key appointments and amendments to agreements, enhancing its exploration and resource development efforts. Group 1: Management and Team Enhancements - Appointment of Tony Gonzales as Senior Project Manager, bringing over 35 years of mineral exploration experience, including significant roles at BHP and Fission Uranium [2][3][4] - The addition of George Kenline as an independent technical advisor, who has extensive experience in environmental review processes and permitting in San Bernardino County [8][9] Group 2: Project Developments - The Langtry Option has been amended to extend the option period from December 24, 2025, to December 24, 2034, and increases the purchase price to the greater of US$7.0 million or the spot price of 250,000 troy ounces of silver [5][6][7] - The Langtry deposit has a 2022 inferred Mineral Resource Estimate of 19.3 million tonnes at a grade of 81 g/t Ag, totaling 50 million ounces of silver [5] - Approval received for a third extension of the Temporary Use Permit for the Waterloo Property, allowing exploration drilling for the next twelve months [8] Group 3: Strategic Focus - The Calico Project is highlighted as one of the largest undeveloped primary silver projects in the US, with significant barite credits essential for the energy and medical sectors [11] - The company is well-positioned to advance its assets and deliver value through exploration and development, supported by an experienced management team [11]
InZinc Intersects 19.1 m grading 3.3% Zn, 0.7% Pb and 7.4 g/t Ag from 30 m downhole, including 8.5% Zn, 2.1% Pb and 21.3 g/t Ag over 2.0 m - Further Expanding Shallow Mineralization at Indy Sedex Project, Central BC
Newsfile· 2025-08-21 12:50
Core Insights - InZinc Mining Ltd. has reported significant drill results from its Indy Sedex project, indicating further expansion of shallow mineralization in the B-9 Zone, with the widest intersection to date averaging 3.3% Zn, 0.7% Pb, and 7.4 g/t Ag over 19.1 m [1][4][9] Group 1: Exploration Results - The recent drilling included four new holes, bringing the total to 11 drilled, with results from three additional holes pending [1] - Drill hole IB25-032 reported a high-grade interval averaging 8.5% Zn, 2.1% Pb, and 21.3 g/t Ag over 2.0 m, located 30 m up-dip from a previous discovery [4][9] - The B-9 mineralized trend has been extended to over 700 m in length and remains open for further exploration at depth and along trend [4][13] Group 2: Geological Context - The Indy project covers 200 square km and includes a 30 km length of under-explored strata in central British Columbia, with mineralization typical of worldwide Sedex deposits [14] - The project is strategically located with access to essential infrastructure such as roads, rail, power, and smelters [14] Group 3: Historical Comparisons - The current results are compared to the 2018 discovery hole (IB18-009), which averaged 8.0% Zn, 2.0% Pb, and 16.2 g/t Ag over 9.9 m, indicating a consistent presence of high-grade mineralization in the area [4][9] - Previous drill results from 2022 and 2018 show a history of significant mineralization, reinforcing the potential of the B-9 Zone [18]
Apollo Silver Congratulates Equinox Gold on FAST-41 Permitting
GlobeNewswire News Room· 2025-08-19 11:00
Core Viewpoint - Apollo Silver Corp. acknowledges the acceptance of Equinox Gold Corp.'s Castle Mountain Project into the FAST-41 program, which aims to streamline and reduce risks in the permitting process for mining projects in the United States [1][2]. Company Overview - Apollo Silver Corp. is advancing one of the largest undeveloped primary silver projects in the U.S., the Calico Project, which contains a significant bulk minable silver deposit and substantial barite credits, essential for the U.S. energy and medical sectors [2]. - The company has also optioned the Cinco de Mayo project in Chihuahua, Mexico, which features a major high-grade and large tonnage CRD deposit [2]. - Apollo's management team is recognized for its award-winning leadership, and the company's growth strategy aligns with the scale of opportunities available in the market [2]. Industry Context - The acceptance of the Castle Mountain Project into the FAST-41 program reflects the U.S. government's commitment to accelerating domestic mine development, which is crucial for the advancement of Apollo's Calico Project located in San Bernardino County [2].
InZinc Intersects 11.0% Zn, 2.3% Pb and 27.1 g/t Ag over 3.0 m within a 40% Extension of Sedex Mineralized Trend at Indy Project, Central BC
Newsfile· 2025-08-18 11:00
Core Insights - InZinc Mining Ltd. has reported significant exploration results from its Indy Sedex project, indicating a 40% extension of the mineralized trend at the B-9 Zone, with high-grade intersections of zinc, lead, and silver [1][3][11] Exploration Results - The recent drilling has confirmed that the B-9 mineralized trend extends 200 meters north, increasing the total length from 450 meters to 650 meters, with potential for further expansion [3][11] - Drill hole IB25-029 intersected 11.0% Zn, 2.3% Pb, and 27.1 g/t Ag over 3.0 meters, located 80 meters north of a previous high-grade intercept [7][9] - Additional drill holes IB25-034 and IB25-036 also reported mineralization, with IB25-034 showing 3.45% Zn, 0.27% Pb, and 1.84 g/t Ag over 2.89 meters [5][7] Gallium Discovery - A sample from hole IB25-029 revealed the presence of gallium, with a grade of 4.46 ppm, alongside high concentrations of zinc and lead [4][15] - Gallium is associated with sphalerite, the primary zinc mineral in Sedex deposits, and is significant as a critical mineral [18][19] Geological Context - The Indy project covers 200 square kilometers and is located in a region with under-explored strata similar to the Selwyn Basin, known for its mineral wealth [21][27] - The mineralization at Indy is typical of Sedex deposits, which often include significant by-products such as silver and critical minerals [22][27] Future Exploration Potential - The newly identified northern extension of mineralization remains open for exploration, with untested geochemical and geophysical anomalies extending at least 750 meters to the north of the latest drill hole [14][19]