Welcome to our dedicated page for Apollo Silver news (Ticker: APGOF), a resource for investors and traders seeking the latest updates and insights on Apollo Silver stock.
Apollo Silver Corp. (OTCQB: APGOF) is a mineral exploration and development company whose news flow centers on its Calico Silver Project in San Bernardino County, California, and its optioned Cinco de Mayo Project in Chihuahua, Mexico. Company announcements frequently highlight technical milestones, corporate actions, and financing developments that shape the outlook for APGOF stock.
Recent Apollo Silver news has included an updated independent Mineral Resource estimate for the Calico Project, incorporating silver, gold, barite, and zinc at the Waterloo deposit and silver at the Langtry deposit. The company reports increased measured and indicated silver resources, inaugural barite and zinc resources, and sensitivity analyses that illustrate the impact of different cut-off grades. Other updates cover permitting progress, such as extensions of the Temporary Use Permit for exploration drilling at Waterloo and drill permits for Calico.
Investors following APGOF can also expect news about private placement offerings, where Apollo Silver issues units composed of common shares and warrants to fund project advancement, community relations at Cinco de Mayo, property maintenance, and general corporate purposes. Additional releases describe share consolidation on a five-for-one basis, incentive grants of stock options, restricted share units and deferred share units, and agreements with marketing, advertising, and investor relations firms.
Management and board developments, including appointments of experienced exploration professionals and technical advisors with permitting and ESG expertise, are another recurring theme in Apollo Silver’s news. For readers tracking APGOF, this news page aggregates these exploration, corporate, and financing updates in one place, providing context on how Apollo Silver is progressing its silver and critical minerals projects over time.
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Apollo Silver Corp. has filed an independent technical report for the Calico Silver Project, with a new Mineral Resource Estimate (MRE) effective February 8, 2023. This report, prepared by Stantec Consulting, confirms earlier results disclosed on March 6, 2023. Key highlights include:
- 110 Moz of silver classified as Measured and Indicated (M&I) at an average grade of 100 g/t.
- 51 Moz classified as Inferred silver resources, including 720,000 oz at the Waterloo Property.
- 70,000 oz of Inferred oxide gold ounces added.
- Low strip ratio of 1.1:1 for the Waterloo silver resource.
The report can be found on SEDAR and the company’s website. Apollo Silver is focused on advancing its precious metals projects in tier-one jurisdictions.
Apollo Silver Corp. announced an updated National Instrument 43-101 mineral resource estimate for its Calico Silver Project, effective February 8, 2023. This estimate includes a total of 110 million ounces of silver classified as Measured and Indicated, with 90 million ounces classified as Measured. Additionally, 51 million ounces are classified as Inferred. The average grade of silver is reported at 100 grams per tonne, with a low strip ratio of 1.1:1. The company emphasizes significant growth opportunities and plans to advance the project in 2023 through various studies. This development positions Calico as a major silver project in North America with increasing potential for expansion.
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Apollo Silver Corp. announced promising preliminary results from its 2022 Metallurgical Test Program for silver recovery at the Waterloo deposit. Up to 61% silver recovery was achieved using conventional cyanide leaching, while a fluoride-assisted leach resulted in recoveries of up to 72%. Ultra-fine grinding yielded 80% recovery. A significant increase in recovery was noted with High Pressure Grinding Roll (HPGR) technology, achieving 50-100% more than conventional methods. These findings will inform the update to the Mineral Resource Estimate expected in early March. The project is part of the larger Calico Silver Project in California.
Apollo Silver Corp. (APGOF) announced significant gold assay results from its Calico Silver Project in California. The Phase 2 drill program revealed multiple intercepts, including 91.0 m of 0.390 g/t Au from the surface, with notable surface samples revealing up to 211 g/t Au. Gold mineralization occurs beneath existing silver resources, extending over 1,000 m and remaining open along strike. Cyanide solubility tests indicated recoveries between 75% and 95%, suggesting the gold is oxidized and amenable to leaching. The company aims to enhance its metal inventory ahead of an upcoming mineral resource estimate update, potentially increasing the project's attractiveness for investors.
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