The KE Report

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

Listen Later

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.

     

    ----------------

    For more market commentary & interview summaries, subscribe to our Substacks:

    The KE Report: https://kereport.substack.com/
    Shad’s resource market commentary: https://excelsiorprosperity.substack.com/


    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.

    ...more
    View all episodesView all episodes
    Download on the App Store
    The KE ReportBy KE Report
    • 4.3
    • 4.3
    • 4.3
    • 4.3
    • 4.3

    4.3

    12 ratings

    More shows like The KE Report

    View all
    Macro Voices by Hedge Fund Manager Erik Townsend

    Macro Voices

    3,072 Listeners

    Sprott Money News by Sprott Money

    Sprott Money News

    147 Listeners

    Mining Stock Education by Bill Powers

    Mining Stock Education

    147 Listeners

    Mining Stock Daily by Trevor Hall

    Mining Stock Daily

    97 Listeners

    The Market Huddle by Patrick Ceresna & Kevin Muir

    The Market Huddle

    361 Listeners

    Palisades Gold Radio by Collin Kettell

    Palisades Gold Radio

    268 Listeners

    Value Hive Podcast by Brandon Beylo

    Value Hive Podcast

    95 Listeners

    ITM Trading Podcast by The Daniela Cambone Show and Taylor Made Economics

    ITM Trading Podcast

    76 Listeners

    Wealthion - Be Financially Resilient by Wealthion

    Wealthion - Be Financially Resilient

    372 Listeners

    The Jay Martin Show by Jay Martin

    The Jay Martin Show

    71 Listeners

    Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

    Thoughtful Money with Adam Taggart

    417 Listeners

    The Julia La Roche Show by Julia La Roche

    The Julia La Roche Show

    86 Listeners

    The David Lin Report by The David Lin Report

    The David Lin Report

    44 Listeners

    Commodity Culture by Jesse Day

    Commodity Culture

    23 Listeners

    Monetary Matters with Jack Farley by Jack Farley

    Monetary Matters with Jack Farley

    155 Listeners