Apollo Silver (TSXV:APGO)

Apollo Silver: Advancing Two Significant Silver Projects in the US and Mexico

Apollo Silver (TSXV:APGO,OTCQB:APGOF,FSE:6ZF0) is a silver-focused exploration company advancing a dual-asset strategy through two high-potential projects in North America: the Calico Silver Project in California, USA, and the Cinco de Mayo project in Chihuahua, Mexico. Both projects are situated in mining-friendly jurisdictions with robust infrastructure and a history of significant exploration work.

At Calico, Apollo Silver advances the Waterloo deposit through geological modeling, barite resource definition, and engineering studies. Calico hosts 110 Moz of silver (measured and indicated) and 51 Moz (inferred), with recent test work producing a 94.6 percent barite concentrate.

In Mexico, the Cinco de Mayo project offers rare optionality, featuring a historical inferred resource of 154 Moz silver equivalent (385 g/t) and a high-impact discovery opportunity at the Pegaso Zone. Under an option agreement with MAG Silver, Apollo is executing a 20,000-meter drill program to earn full ownership of the project.

Apollo Silver's project location mapProject locations

The Calico Silver Project, located 15 km from Barstow, California, includes the adjacent Waterloo and Langtry properties. Calico hosts a combined resource of 110 Moz silver (measured and indicated, 100 g/t) and 51 Moz silver (inferred, 77 g/t). The shallow, laterally extensive deposit offers strong geologic continuity and a low 1.1:1 strip ratio, supporting a potential low-impact open-pit operation. Recent drilling confirmed a 95 percent conversion rate from inferred to measured and indicated resources at Waterloo.

Company Highlights

  • Tier-1 US Silver Asset – Calico Project: Hosts 110 Moz silver (measured and indicated) and 51 Moz silver (inferred), making it the largest undeveloped primary silver deposit in the US.
  • High-grade Discovery Potential – Cinco de Mayo: An option to acquire a district-scale carbonate replacement deposit with a historical inferred resource of 154 Moz silver equivalent at 386 g/t, offering further upside from the Pegaso Zone discovery target.
  • Barite Critical Minerals Exposure: Calico includes a historical in-ground barite estimate of 4.5 Mt, with 2023 flotation tests producing 94.6 percent barite concentrate, meeting US estimates API specifications for petroleum drilling fluids.
  • Strategic Shareholder Registry: Backed by Jupiter Asset Management, Eric Sprott, Terra Capital, Commodity Capital and Ninepoint.
  • Experienced Leadership Team: Proven M&A, discovery and capital markets expertise with over $5 billion in past transactions and most applicable to Apollo Silver, the success at Prime Mining.

This Apollo Silver profile is part of a paid investor education campaign.*

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Apollo Silver (TSXV:APGO)

Apollo Silver

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Advancing two significant silver projects in the US and Mexico

Apollo Announces Effective Date of Share Consolidation

Apollo Announces Effective Date of Share Consolidation

Apollo Silver Corp. (" Apollo " or the " Company ") (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) announces that, further to its news release dated September 2, 2025, the Company will proceed with a 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.

The Company's name and trading symbol will remain unchanged following the Consolidation. The new CUSIP and ISIN for post-Consolidation Shares will be 03370A307 and CA03770A3073, respectively. The Consolidation will take effect on September 15, 2025.

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Apollo Increases Measured and Indicated Silver Resource Estimate at Calico Project

Apollo Increases Measured and Indicated Silver Resource Estimate at Calico Project

Apollo Silver Corp. (" Apollo " or the " Company ") (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce the results of an updated independent Mineral Resource estimate ("MRE") for its Calico Silver Project ("Calico" or the "Calico Project") located in San Bernardino County, California. Total silver ("Ag") Measured & Indicated ("M&I") tonnes at the Waterloo property have increased by 61% to a total of 55 million tonnes ("Mt") at a grade of 71 grams per tonne ("gt') Ag for a total content of 125 million troy ounces ("Moz"). This represents a 14% increase in Ag ounces compared to the previous MRE (dated March 6, 2023). In addition to updating the gold resource at Waterloo, inaugural barite ("BaSO4") and zinc ("Zn") resources have been included in both the Indicated and Inferred categories.

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Apollo to Proceed with 5-for-1 Share Consolidation

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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.

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Apollo Silver Congratulates Equinox Gold on FAST-41 Permitting

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Ross McElroy, President and CEO of Apollo, commented, " This news speaks to the diligence of the Equinox team in advancing their project to this stage. Crucially for our Calico Project in San Bernardino County, which hosts one of the largest undeveloped silver deposits in North America, this also highlights the government's determination to accelerate domestic mine development. "

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The Puro Corazon mine, which is operated privately, is currently mining approximately sixty tonnes of ore per day and produces a silver-lead concentrate and a zinc concentrate. Southern Silver will be incorporating Puro Corazon into the much larger Cerro Las Minitas project to unlock significant capital and operating synergies. Southern Silver intends to immediately commence a 12,000-meter infill drilling program at Puro Corazon and then in the first quarter of 2026, commence preparation of an updated Technical Report and Preliminary Economic Assessment ("PEA") in accordance with the provisions of National Instrument 43-101.

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Apollo Silver

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