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Apollo Declares 110 Million Ounces Silver in Measured and Indicated Resource for Waterloo Property

Retrieved on: 
måndag, mars 6, 2023

VANCOUVER, British Columbia, March 06, 2023 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce an updated National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) mineral resource estimate (“MRE”) with an effective date of February 8, 2023, for its flagship Calico Silver Project (“Calico” or the “Calico Project”) located in San Bernardino County, California (the “2023 MRE”). The findings of the 2023 MRE, particularly in terms of size and confidence level, positions Calico and its Waterloo Property (“Waterloo”) resource as one of the largest advanced stage silver projects in North America.

Key Points: 
  • The findings of the 2023 MRE, particularly in terms of size and confidence level, positions Calico and its Waterloo Property (“Waterloo”) resource as one of the largest advanced stage silver projects in North America.
  • Highlights of the Calico Project 2023 MRE1:
    110 million ounces (“Moz”) silver (“Ag”) classified as Measured and Indicated (“M&I”) declared at Waterloo with an average grade of 100 grams per tonne (“g/t”) silver:
    81% (90 Moz) classified as Measured at 103 g/t silver.
  • 51 Moz silver classified as Inferred:
    70,000 oz Inferred oxide gold (“Au”) ounces added to metal inventory at Waterloo.
  • “This updated mineral resource estimate significantly de-risks the Calico Project and confirms Waterloo as one of the premier silver development opportunities in any Tier-1 jurisdiction.

Apollo Reports First Assay Results From Phase 2 Drilling

Retrieved on: 
torsdag, december 1, 2022

Drilling was undertaken by Cooper Drilling LLC, of Monte Vista, Colorado.

Key Points: 
  • Drilling was undertaken by Cooper Drilling LLC, of Monte Vista, Colorado.
  • Figure 1: Locations of drill hole collars for results reported December 1, 2022, for Phase 2 of the Calico Project 2022 Drill Program.
  • Figure 2: Assay results for drill holes W22-RC-043 and W22-RC-044 reported December 1, 2022, for Phase 2 of the Calico Project 2022 Drill Program.
  • Figure 3: Assay results for drill holes W22-RC-058 and W22-RC-059 reported December 1, 2022, for Phase 2 of the Calico Project 2022 Drill Program.

Apollo Completes 2022 Drill Program at the Calico Silver Project

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onsdag, november 16, 2022

VANCOUVER, British Columbia, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (Apollo or the Company) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce it has completed Phase 2 of the 2022 Calico Drill Program at its Calico Silver Project (Calico or the Project), located in San Bernardino County, California.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (Apollo or the Company) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce it has completed Phase 2 of the 2022 Calico Drill Program at its Calico Silver Project (Calico or the Project), located in San Bernardino County, California.
  • The 2022 Calico Drill Program has been completed ahead of schedule and under budget, Apollo President and CEO, Tom Peregoodoff, commented.
  • A total of 9,840 m (32,283 feet) across 88 RC drill holes has been successfully completed at the Waterloo Property in the 2022 Calico Drill Program.
  • The Arizona Silver District Project (Arizona Silver Project) is located in the heart of the Silver District, a historic silver mining region in southwestern Arizona.

Apollo Provides Update on Phase 2 Drill Program at Calico Silver Project

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måndag, oktober 17, 2022

VANCOUVER, British Columbia, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (Apollo or the Company) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce that drilling at the Calico Silver Project (Calico or the Project) is well underway, and 13 reverse circulation (RC) drill holes have been completed as part of Phase 2 of the 2022 drill program (the Phase 2 Drill Program).

Key Points: 
  • VANCOUVER, British Columbia, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (Apollo or the Company) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce that drilling at the Calico Silver Project (Calico or the Project) is well underway, and 13 reverse circulation (RC) drill holes have been completed as part of Phase 2 of the 2022 drill program (the Phase 2 Drill Program).
  • Phase 2 of the 2022 drill program is progressing on schedule and on budget, Apollo CEO Tom Peregoodoff commented.
  • The commencement of the groundwater monitoring program is an important milestone as we advance the Calico Project.
  • Since commencing the Phase 2 Drill Program at Calico on September 19, 2022, 13 of the proposed 39 RC drill holes have been completed, totaling 1,829.0 metres (m) (6,000 feet).

Apollo Commences Phase 2 Drill Program at the Calico Silver Project

Retrieved on: 
tisdag, september 20, 2022

VANCOUVER, British Columbia, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (Apollo or the Company) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce that Phase 2 of the 2022 drill program (the Phase 2 Drill Program) has commenced at its Calico Silver Project (Calico or the Project), located in San Bernardino County, California.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (Apollo or the Company) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce that Phase 2 of the 2022 drill program (the Phase 2 Drill Program) has commenced at its Calico Silver Project (Calico or the Project), located in San Bernardino County, California.
  • Phase 2 of the 2022 drill program has commenced on schedule, Apollo CEO Tom Peregoodoff commented.
  • As with Phase 1 of the drill program, investors can expect results from this phase of the drilling on a regular basis as assay results are received from the lab.
  • The Company is focused on advancing its portfolio of two significant silver exploration and resource development projects, the Calico Silver Project, in San Bernardino California and Silver District Project in Arizona.

Apollo Announces Surface Sampling Results Further Extending Gold Mineralization at Calico

Retrieved on: 
onsdag, september 14, 2022

Representative chip samples were also collected for logging purposes (lithology, alteration, mineralization), detailed photography and analysis by portable X-Ray Fluorescence.

Key Points: 
  • Representative chip samples were also collected for logging purposes (lithology, alteration, mineralization), detailed photography and analysis by portable X-Ray Fluorescence.
  • Gold was analyzed by fire assay with atomic absorption finish (method Au-AA26) with a reportable range of 0.01-100 ppm Au.
  • All analyses were completed at ALS Vancouver except for gold by fire assay, which was completed at ALS Reno.
  • Oxidized, disseminated and stockwork-style mineralization is primarily hosted in the Barstow sedimentary formation and is the subject of the MRE.

Apollo Silver Reports New Assay Results from Calico 2022 Drill Program: Extends Silver Mineralization Beneath Current Resource Boundary

Retrieved on: 
tisdag, augusti 23, 2022

Representative chip samples were also collected for logging purposes (lithology, alteration, mineralization), detailed photography and analysis by portable X-Ray Fluorescence.

Key Points: 
  • Representative chip samples were also collected for logging purposes (lithology, alteration, mineralization), detailed photography and analysis by portable X-Ray Fluorescence.
  • ALS Reno may selectively ship samples to other laboratories, such as ALS Global-Geochemistry in Carson City, Nevada (ALS Carson City) for preparation.
  • After preparation, splits of prepared pulps are securely shipped to ALS Vancouver, British Columbia for multi-element analysis.
  • Over-range samples analyzed for silver were re-submitted for analysis using a four-acid digestion and ICP-AES finish with a silver range of 1-1,500 ppm (method Ag-OG62).

Apollo Silver Reports New Assays from Calico: Results Continue to Validate Maiden Silver Resource Estimate and Expand Gold Target

Retrieved on: 
tisdag, juli 26, 2022

Gold intercepts calculated using 0.1 g/t gold cut-off grade with higher-grade intercepts calculated at 0.5 g/t gold.

Key Points: 
  • Gold intercepts calculated using 0.1 g/t gold cut-off grade with higher-grade intercepts calculated at 0.5 g/t gold.
  • Target IR, a company based in Toronto, Ontario, provides investor communications and marketing strategies for growing and emerging public companies.
  • Gold was analyzed by fire assay with atomic absorption finish (method Au-AA26) with a reportable range of 0.01-100 ppm Au.
  • Oxidized, disseminated and stockwork-style mineralization is primarily hosted in the Barstow sedimentary formation and is the subject of the MRE.

Initial Assay Results from 2022 Drill Program at Calico Silver Project Show Broad, High-Grade Silver and Expanded Gold Horizon

Retrieved on: 
onsdag, juni 29, 2022

Representative chip samples were also collected for logging purposes (lithology, alteration, mineralization), detailed photography and analysis by portable X-Ray Fluorescence.

Key Points: 
  • Representative chip samples were also collected for logging purposes (lithology, alteration, mineralization), detailed photography and analysis by portable X-Ray Fluorescence.
  • Splits of prepared pulps are securely shipped from ALS Reno to ALS Vancouver, British Columbia for further analysis.
  • Gold was analyzed by fire assay with atomic absorption finish (method Au-AA26) with a reportable range of 0.01-100 ppm Au.
  • All analyses were completed at ALS Vancouver except for gold by fire assay, which was completed at ALS Reno.

Apollo Files N.I. 43-101 Technical Report for the Calico Silver Project Maiden Mineral Resource Estimate

Retrieved on: 
måndag, mars 28, 2022

Canadian Institute of Mining, Metallurgy and Petroleum (CIM) definitions are followed for classification of the Mineral Resource.

Key Points: 
  • Canadian Institute of Mining, Metallurgy and Petroleum (CIM) definitions are followed for classification of the Mineral Resource.
  • Resources are constrained to within an economic pit shell targeting mineralized blocks with a minimum of 50 ppm (50 g/t) silver.
  • The Project represents a district-scale mineral system endowment with approximately 6,000 metres (19,685 feet) in mineralized strike length controlled by Apollo.
  • 43-101 technical report NI 43-101 Technical Report for the Mineral Resource Estimate of the Calico Silver Project, San Bernardino County California, USA prepared by D. Loveday of Stantec, with an effective date of January 28, 2022.