The KE Report

Apollo Silver - Updated Resource Estimate At Calico & Cinco de Mayo Project Update

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In this KE Report company update, Ross McElroy, President & CEO of Apollo Silver (TSX.V:APGO – OTCQB:APGOF – FRA:6ZF0), joins us for his first interview since taking over in May. Ross brings nearly 40 years of experience, including leading Fission Uranium’s $1.14B sale to Paladin Energy.

Key Highlights:

  • Updated Resource: 125Moz Ag (M&I) and 57.5Moz Ag (Inferred) at the Calico Silver Project in California - a 14% increase in ounces.

  • Broader Metal Profile: First inclusion of zinc, barite, and gold, enhancing project value.

  • Project Breakdown: Waterloo hosts ~⅔ of total silver (all M&I); Langtry adds 57.5Moz Inferred with upgrade potential.

  • Path Forward: Targeting a PEA in early 2026 followed by a Pre-Feasibility Study in 2027.

  • Jurisdictional Advantage: Located in pro-mining San Bernardino County on 99% private land with vested mining rights.

  • $26M Financing: Expected to close Oct. 22; funds operations and studies for roughly two years.

  • Cinco de Mayo (Mexico): High-grade CRD system (385 g/t AgEq) with plans to reestablish local access and complete 20,000m of drilling under option with Pan American Silver.

    • Click here to visit the Apollo Silver website.

     

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    Investment disclaimer:
    This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

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