Apollo Silver Outlines 2025 Calico Work Program and Progress at Cinco de Mayo

Apollo Silver Outlines 2025 Calico Work Program and Progress at Cinco de Mayo

 

Apollo Silver Corp. ("Apollo Silver" or the "Company") (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to provide details on the upcoming 2025 work program (the "2025 Program") at its Calico Silver Project ("Calico" or the "Project") located in San Bernardino County, California, as well as provide an update on the newly optioned Cinco de Mayo Project in Chihuahua, Mexico.

 

  Highlights:  

 
  •   Commencement of barite work program to define and add this critical mineral to an updated mineral resource estimate for Waterloo;  
  •  
  •   Initiating a mapping and sampling program in the Burcham mine area of Waterloo, following up on surface gold sampling results, in advance of a drill program to expand on gold mineralization outlined in the 2023 Waterloo Mineral Resource Estimate ("MRE"); and  
  •  
  •   A new executive for the Ejido Benito Juarez, owner of the surface rights covering the Cinco de Mayo claims, was recently duly elected and certified.  
  •  

  "Calico hosts approximately 170M ounces of silver with a significant amount of associated barite, a USGS listed critical mineral. With the United States' growing focus on securing domestic critical mineral supplies, we believe the barite contained within the Calico Project can provide regulatory support. Accordingly, the upcoming program looks to produce a current and compliant barite resource at Calico, creating additional value for our shareholders," commented Andrew Bowering, Chairman and Interim CEO.

 

Bowering continued , "Furthermore, I am pleased with our progress to restore social license and gain access to our recently optioned Cinco de Mayo Project. As reported in this release, a new executive that is more favourable to resource development was recently certified for a three year term, opening up the opportunity for meaningful discussion for the first time in a dozen years."  

 

  Calico Technical Program:  

 

The 2025 Program will consist of two components: Expanding the 2023 Waterloo MRE by defining and potentially adding barite to the resource (the "Barite Program"); and mapping and sampling where the Barstow and Pickhandle formations are exposed at surface in the Burcham Mine area, following up on the recent gold surficial sampling results. Depending on the results of the 2025 Program, Apollo Silver plans to commence a small drill program aimed at better localizing and defining the extent of the gold mineralization (the "Burcham Program").

 

In 2022, barite was included on the US Geological Survey final list of critical minerals (the "USGS 2022 Report") and given the abundant presence of high-quality barite associated with the Ag mineralization on the Waterloo property further geochemical analysis is warranted to better define and quantify the potential resource.

 

The 2023 Waterloo MRE currently consists of 110 million ounces ("Moz") silver ("Ag") in 34.2 million tonnes ("Mt") at 100 grams per tonne ("g/t") Ag (Measured and Indicated categories); 0.72 Moz Ag in 0.3 Mt at 77 g/t Ag (Inferred category); and 70,000 oz gold ("Au") in 4.5 Mt at an average grade of 0.5 g/t Au (see news release dated March 6, 2023).

 

   Barite Program   

 

The proposed Barite Program includes a comprehensive re-assaying of selected historical and recent drill pulps by X-Ray Fluorescence, a method that will give a higher precision on the barium content, as its digestion is more complete than what was previously done at Waterloo (4-acid or aqua-regia). This will give a higher confidence level on the barium results that will be used for updating the Waterloo 2023 MRE with barite.

 

The re-assay program is expected start in February 2025 and should take approximately 3 months to complete at the laboratory.

 

   Burcham Program   

 

The proposed Burcham Program comprises a mapping and drill program which aims to better understand the extent of the gold mineralization at surface and within the Pickhandle Formation, focusing on determining the orientations of high-angle gold-bearing structures. Detailed surface mapping and rock sampling are expected to commence in late February 2025 and will take approximately one week to complete.

 

Once the mapping is completed and interpreted to define drill targets, approximately 1,000 metres ("m") of exploration core drilling is expected to eventually follow.

 

  About Barite  

 

Barite was identified in the USGS 2022 Report as essential to national security, the economy, renewable energy, and infrastructure. This list was produced under the mandate of the Energy Act of 2020 to highlight minerals vital to U.S. security and vulnerable to supply chain disruptions. The energy industry relies heavily on barite, with 90% used as a weighting agent in petroleum drilling. According to the USGS 2022 Report, the U.S. imports over 75% of its barite, with more than half sourced from China.

 

Results from metallurgical test work completed (see May 2, 2023 news release) showed that barite concentrates of up to 94.6% were achieved. In addition, quality analysis confirmed that the barite concentrate produced meets or exceeds the American Petroleum Institute ("API") quality requirements.

 

Historical data from ASARCO's 1979 estimate at the Waterloo deposit reported 33.9 Mt of mineralized material at an average grade of 13.4% barite, totaling 4.5 Mt of barite at 93% grade. (1)

 

Multi-element assays typically underreport barium, as such the 2025 Barite program will re-assay current and historical pulps using a method that ensures accurate barium concentration reporting. Upon completion, the Company plans to update the 2023 Waterloo MRE with barite.

 
  
  (1)    The reader is cautioned not to treat this historical estimate or any part of it as a current mineral resource or reserve. An independent Qualified Person has not completed sufficient work to classify this as a current mineral resource or reserve and therefore the Company is not treating the historical estimate as a current mineral resource or mineral reserve.  
 

  Gold Mineralization at Calico  

 

The Burcham area, home to the historic Burcham mine—the only gold-producing mine in the Calico district—operated in the 1940s. It featured two underground drifts that targeted gold-bearing, subvertical northwest structures (refer to figure 2). Au was associated with chalcopyrite, galena, sphalerite, and silver chloride, hosted in quartz, barite, and iron oxides.

 

Total production figures are unknown, but historic public articles report grades of up to 0.31 ounces per ton (9.7 g/t). Historical work completed by both ASARCO and Pan American Silver confirmed the presence of Au mineralization at the contact between the Barstow and Pickhandle formations.

 

Work completed by the Company in 2022 also showed the Au potential of the Burcham mine area, where surface sampling returned several high-grade results including 211 g/t Au and 849 g/t Ag (see February 14, 2023 news release). In addition, the 2023 drill program defined over a kilometer ("km") of strike length of Au mineralization which remains open in all directions.

 

The Company's technical team believes that the contact between the Barstow and Pickhandle formations is an excellent exploration target for replacement style Au mineralization, and possible higher-grade vein hosted Au, and the upcoming 2025 mapping and drilling program will focus on this contact to better characterize the Au mineralization extent in the Burcham area.

 

  Figure 1: 2025 Barite Sampling Program  

 

 2025 Barite Sampling Program

 

  Figure 2: 2025 Burcham Gold Exploration Program  

 

 2025 Burcham Gold Exploration Program

 

  About the Calico Project  

 

The Calico Project, located in San Bernardino County, California, includes the adjacent Waterloo and Langtry properties totaling 2,950 acres. Situated 15 km (9 miles) from Barstow and 5 km (3 miles) from commercial power, it features an extensive private gravel road network. The Project lies in the southern Calico Mountains of the Mojave Desert, part of the Basin and Range tectonic province, with the northwest-southeast trending range composed mainly of Tertiary volcanics, volcaniclastics, sedimentary rocks, and dacitic intrusions.

 

Mineralization at Calico comprises high-level low-sulfidation silver-dominant epithermal vein-type, stockwork-type and disseminated-style associated with northwest-trending faults and fracture zones and mid-Tertiary (~19-17 Ma) volcanic activity.

 

Calico represents a district-scale mineral system endowment with approximately 6,000 m (19,685 ft) in mineralized strike length controlled by the Company. Ag and Au mineralization are oxidized and hosted within the sedimentary Barstow formation and the upper volcaniclastic units of the Pickhandle formation along the contact between these units.

 

The 2023 Waterloo MRE is 110 Moz Ag in 34.2 Mt at an average grade of 100 g/t Ag (Measured and Indicated categories); 0.72 Moz Ag in 0.3 Mt at an average grade of 77 g/t Ag (Inferred category); and 70,000 oz Au in 4.5 Mt at an average grade of 0.5 g/t Au. In addition, there is 50 Moz Ag and 19.3 Mt at an average grade of 81 g/t Ag (Inferred category) at Langtry.

 

  Cinco de Mayo Update  

 

On February 3rd, 2025, a new and duly elected executive for the Ejido Benito Juarez, owner of the surface rights covering the Cinco de Mayo claims, was officially certified for a term of three years, having won an election on December 13, 2024, by a majority and an approximate margin of 2:1. As the new executive seems pro-development, there is now the opportunity to put an economic proposal to the general ejido population regarding the continued development of Cinco de Mayo, and investment in the local community, in keeping with the Company's plan for the project.

 

  Qualified Person  

 

The scientific and technical data contained in this news release was reviewed and approved by Isabelle Lépine, M.Sc., P.Geo., Apollo Silver's Director, Mineral Resources. Ms. Lépine is a registered professional geologist in British Columbia and a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Minerals Projects and is not an independent of the Company.

 

  About Apollo Silver  

 

Apollo Silver has assembled an experienced and technically strong leadership team who have joined to advance world class precious metals projects in tier-one jurisdictions. The Company is focused on advancing its portfolio of two significant silver exploration and resource development projects, the Calico Project, in San Bernardino County, California and the Cinco de Mayo Project, in Chihuahua, Mexico.

 

Please visit www.apollosilver.com for further information.

 

  ON BEHALF OF THE BOARD OF DIRECTORS  

 

Andrew Bowering

 

Chairman and Interim Chief Executive Officer

 

  For further information, please contact:  

 

Andrew Bowering
Chairman and Interim Chief Executive Officer
Telephone: +1 (604) 428-6128

 

  Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  

 

  Cautionary Statement Regarding "Forward-Looking" Information  

 

  This news release includes "forward-looking statements" and "forward-looking information" within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation the timing and successful commencement and completion of the barite re-assay program and maiden barite resource estimate; the timing and successful completion of mapping and exploration drilling in the Burcham area; the Company's ability to advance, develop and eventually permit the Project; future silver, gold and barite production; timing and plans of further exploration; and timing and success of any economic proposal or agreement with the Ejido Benito Juarez. Forward-looking statements include predictions, projections and forecasts and are often, but not   always,   identified   by   the   use   of   words   such   as   "anticipate",   "believe",   "plan",   "estimate",   "expect",   "potential",   "target", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof.  

 

  Forward-looking statements are based on   the reasonable assumptions,   estimates, analysis, and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made.   Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including   but   not limited to: risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company's projections and estimates; realization of mineral resource estimates, interest and exchange rates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in connection with development activities; personnel relations; and changes in Project parameters   as   plans   continue   to   be   refined. Forward-looking statements are based on assumptions management believes to be reasonable, including   but   not   limited   to   the   price   of   silver,   gold   and   Ba;   the   demand   for   silver,   gold   and   Ba;   the   ability to   carry on exploration and development activities; the timely receipt of any required approvals; the ability to obtain qualified personnel, equipment and services in a timely and cost-efficient manner; the ability to operate in a safe, efficient and effective matter; and the regulatory framework regarding environmental matters, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results   not   to   be   as   anticipated,   estimated   or   intended.   There   can   be   no   assurance   that   forward-looking   statements   will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information contained herein, except   in   accordance   with   applicable   securities   laws.   The   forward-looking   information   contained   herein   is   presented   for the   purpose   of   assisting   investors   in   understanding   the   Company's   expected   financial   and   operational   performance   and the   Company's   plans   and   objectives   and   may   not   be   appropriate   for   other   purposes.   The   Company   does   not   undertake to update any forward-looking information, except in accordance with applicable securities laws .

 

Photos accompanying this announcement are available at

 

  https://www.globenewswire.com/NewsRoom/AttachmentNg/d99995a4-a954-42d0-bdd6-50d52465e007  

 

  https://www.globenewswire.com/NewsRoom/AttachmentNg/a1c9135a-e392-424e-94bf-497fafc50d38  

 

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Advancing two significant silver projects in the US and Mexico

Exploring Mining's Silver Discussion with Apollo Silver, and Mining Expert Chris Temple

Exploring Mining's Silver Discussion with Apollo Silver, and Mining Expert Chris Temple

Seasoned Experts in Mining Talk about Silver Market and what's next for Apollo's (APGO) (APGOF) Flagship Silver Properties

Investorideas.com, a global investor news source covering mining and metals stocks releases a new episode of the Exploring Mining Podcast. In today's episode, Cali Van Zant hosts a top tier Silver discussion featuring renowned mining investment expert, Chris Temple, editor and publisher of The National Investor, and Apollo Silver Corp's. (TSXV: APGO) (OTCQB: APGOF) management; Chairman Andy Bowering and recently appointed President and CEO, Ross McElroy.

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Exploring Mining's Silver Discussion with Apollo Silver, and Mining Expert Chris Temple 

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Ross McElroy joined Apollo following the successful acquisition of Fission Uranium, a company he co-founded and led as CEO, by Paladin Energy in a $1.14 billion transaction. He is a professional geologist with over 38 years of mining industry experience, both in operational and corporate roles, having worked with majors, mid-tiers, and juniors.

For investors following the silver market and silver stocks, the podcast explores silver's current market, with Temple noting its technical improvement and chronic supply shortfalls. McElroy highlights silver's 25% price surge over the past six months, outpacing gold.

The episode also dives into Apollo's strategic advancements and updates on their flagship Calico (California) project and Cinco de Mayo (Mexico) project. The company recently expanded the Calico Project land package by over 285%. Already the one of the largest undeveloped silver projects in the US, the additional Calico claims form just one part of Apollo's aggressive growth strategy. Cinco de Mayo in Mexico is a silver-zinc asset with a historic resource of 50 million ounces of silver and 1.8 billion pounds of zinc.

The combined expertise of the three panel members provides investors with in-depth perspective and insight into what it takes to build a successful mining company in today's silver market.

Listen to the podcast:  https://www.spreaker.com/episode/silver-s-next-big-surge-apollo-silver-s-mining-legends-discuss-with-chris-temple--66749524

Watch on YouTube: 

About Apollo Silver (TSXV: APGO) (OTCQB: APGOF)

Apollo Silver has assembled an experienced and technically strong leadership team who have joined to advance quality precious metals projects in sought after jurisdictions. The Company is focused on advancing its portfolio of two prospective silver exploration and resource development projects, the Calico Project, in San Bernardino County, California and the Cinco de Mayo Project, in Chihuahua, Mexico.

Visit www.apollosilver.com for further information.

Corporate Presentation: https://apollosilver.com/wp-content/uploads/2025/06/APGO-Investor-Presentation-2025-06-13.pdf

About Chris Temple

Chris Temple is editor and publisher of The National Investor. He has had an over 40-year career now in the financial/investment industry. Temple is a sought-after guest on radio stations, podcasts, blogs and the like all across North America, as well as a sought-after speaker for organizations. His ability to help average investors unravel, understand and navigate today's markets is unparalleled; and his ability to uncover "off-the-radar" companies is likewise.

https://www.nationalinvestor.com/

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Hear other episodes of the Exploring Mining Podcast , rated as one of the top 30 mining podcasts to listen to in 2025,

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Disclaimer/Disclosure: This podcast and article featuring Apollo Silver Corp is paid for content as part of a monthly featured mining stock service (payment disclosure). Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This is not investment opinion. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published/created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/. Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp.

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Silver Stocks and the Land Grab for Silver Assets

Investorideas.com, a global investor news source covering gold and silver stocks presents a mining snapshot highlighting news from silver miners, from expanded land packages to acquisitions, featuring Apollo Silver Corp. (TSXV: APGO) (OTCQB: APGOF) (FSE: 6ZF0).

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Apollo Silver's Vision: From Founding to Future in Precious Metals Exploration

Apollo Silver's Vision: From Founding to Future in Precious Metals Exploration

Investorideas.com, a global investor news source covering mining and metals stocks releases a new episode of the Exploring Mining Podcast . Host Cali Van Zant talks with Andrew Bowering, Chairman of Apollo Silver Corp. (TSXV: APGO) (OTCQB: APGOF) (FSE: 6ZF0). Apollo Silver Corp. has assembled an experienced and technically strong leadership team who have joined to advance world class precious metals projects in tier-one jurisdictions.

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Andrew Bowering, Chairman of Apollo Silver Corp

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Andy shares his background, his passion for the mining sector, how he defines success and his vision for Apollo Silver Corp. and its key projects.

Key takeaways from interview:

  • Apollo Silver team to complete compilation of data from 8,000-10,000 sample program and announce compliant barite resource by end of first half of the year.

  • Apollo Silver team to review recently received field prospecting and sampling data around gold structures.

  • Apollo Silver team to plan and execute a drill program this year to determine the footprint of the gold resource south of the silver deposit.

  • Apollo Silver teams plan to conduct an economic study (PEA) on the silver resource in the second half of this year.

  • Apollo Silver team to continue efforts to resolve community issues and regain social license at Cinco de Mayo project.

Listen to the podcast:

https://www.spreaker.com/episode/this-fully-funded-silver-stock-holds-america-s-biggest-undeveloped-silver-mine--66126199

Watch on YouTube:

Listen to Exploring Mining on Spotify 

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Podcast Overview
Andrew Bowering, Chairman of Apollo Silver Corp shares his extensive background in the mining industry, which spans 35 years. Andy explains how he founded Apollo Silver at the request of investors, raising significant funds and acquiring assets from mid-tier to major companies in the silver space.

The conversation then shifts to the recent appointment of Ross McElroy as CEO of Apollo Silver. Andy highlights Ross' extensive experience in the industry, including his recent sale of Fission Uranium for $1.1 billion, and expresses enthusiasm about having Ross now lead the Apollo team. (Related news release)

California Mining Landscape and Calico Project
Andy discusses the mining landscape in California, highlighting the state's complex history with mining and environmental concerns. He explains that while California has been less popular for mining in recent years due to environmental regulations and water scarcity, there are still areas like San Bernardino County where mining operations are active. Andrew then describes Apollo's project, situated primarily on private land designated for mining, emphasizing its favorable location and historical significance. He also mentions the project's geological advantages, including a 1:1 strip ratio and a straightforward geological formation.

Calico Project
Andrew discusses the Calico project, which consists of three deposits: two silver (Waterloo and Langtry) and an historical gold deposit, The Burcham Mine. The project contains approximately 160 million ounces of silver and 70,000 ounces of gold. Andrew also mentions the presence of barite, a critical mineral, which could be valuable for negotiations with the government. For the upcoming year, the company plans to announce a compliant barite resource, conduct a drill program to determine the size of the gold resource, and perform an economic study on the silver resource.

Cinco De Mayo Mining Project
Andrew discusses their large mining project called Cinco de Mayo, located northwest of Chihuahua City in North Mexico. He explains that the project, potentially the largest CRD (Carbonate Replacement Deposit) in North America, lost its social license in 2012 when local surface owners banned mining. Andrew's company, Apollo, has been given a five-year option to resolve community issues and resume drilling. He draws parallels to his previous success with Prime Mining in Sinaloa, Mexico, where he restored community support and unlocked significant value. Andrew believes his team's local connections and experience will help them resolve the social license issues at Cinco de Mayo, potentially turning it into a highly valuable project.

Mining in Northern Mexico's Economy
Andrew shares the importance of mining in Northern Mexico's economy and the recent changes in government policy. He explains that the previous government tried to restrict mining, but the new Sheinbaum government is now opening up the sector for foreign investment. Andrew emphasizes the positive impact of mineral exploration and mine development on local communities in Mexico. He mentions that officials from Chihuahua's Ministry of Mines visited their office, expressing excitement about the potential reopening of the Cinco de Mayo project, which could bring significant economic benefits to the area.

Mining Industry Success
Andrew talks about the key elements for success in the mining industry, emphasizing the importance of good assets, a strong management team, and a solid shareholder base with a good capital structure. He stresses the value of teamwork and hiring smart, hardworking individuals. Andrew explains his role in raising money and promotion, while also highlighting his hands-on experience and personal financial commitment to Apollo. He says he believes that demonstrating leadership through personal investment attracts good supporters, which in turn brings more supporters and provides the patience needed for long-term projects.

About Apollo Silver Corp.

Apollo has assembled an experienced and technically strong leadership team who have joined to advance quality precious metals projects in sought after jurisdictions. The Company is focused on advancing its portfolio of two prospective silver exploration and resource development projects, the Calico Project, in San Bernardino County, California and the Cinco de Mayo Project, in Chihuahua, Mexico.

Please visit www.apollosilver.com for further information.

Apollo on X @corp_apollo

May 2025 Presentation 

Hear other episodes of the Exploring Mining Podcast , rated as one of the top 30 mining podcasts to listen to in 2025,

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Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.

Disclaimer/Disclosure: This podcast and article featuring Apollo Silver are paid for content at Investorideas.com, part of a monthly marketing mining stock showcase (payment disclosure). Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Apollo Silver Expands Calico Project Land Package by over 285%

Apollo Silver Expands Calico Project Land Package by over 285%

 

Apollo Silver Corp. ("Apollo" or the "Company") (TSX.V: APGO, OTCQB: APGOF, Frankfurt: 6ZF0) is pleased to announce it has acquired 2,215 hectares ("ha") of highly prospective claims contiguous to its Waterloo property at its Calico Silver Project ("Calico" or "Calico Project"). The newly acquired claims herein referred to as the Mule claims comprise 415 lode mining claims, and have been acquired from LAC Exploration LLC ("LAC"), a wholly-owned subsidiary of Lithium Americas Corp. (TSX: LAC; NYSE: LAC), who were the previous operators of the property. Preliminary mapping and sampling conducted by the prior operator of the Mule claims identified several high-grade silver targets, which will be evaluated as part of Apollo's future exploration planning.

 

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Apollo Silver Corp. (" Apollo " or the " Company ") (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce the appointment of Mr. Ross McElroy as President and CEO, effective immediately, succeeding Mr. Andrew Bowering, who will remain as Chair of the Board.

 

Mr. McElroy joins Apollo following the successful acquisition of Fission Uranium, a company he co-founded and eventually led as CEO, by Paladin Energy in a $1.14 billion transaction.

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Silver-mining companies with strong balance sheets and experienced management teams are able to capitalize on high silver prices and weather the storm of low silver prices. Some of the most profitable silver-mining companies are even able to offer investors dividends, which may be appealing for those who are in it for the long haul.

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Rapid Successfully Undertakes $10.5M Capital Raising to Fund Acquisition of the Webbs and Conrads NSW Silver Projects

Rapid Successfully Undertakes $10.5M Capital Raising to Fund Acquisition of the Webbs and Conrads NSW Silver Projects

Rapid Critical Metals Limited (‘Rapid,’ ‘RCM’ or ‘Company’) is pleased to announce that the Company has received firm commitments from institutional, sophisticated and professional investors for the placement of 437,500,000New Fully Paid Ordinary Shares (New Shares) at an issue price of A$0.024 per new share (post 12-for-1 consolidation) to raise gross proceeds of A$10.5 million (Placement). The Placement comprises two tranches:

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Silver bars with rising chart, "Weekly Editor's Picks" text overlay.

Editor's Picks: Silver Price Hits 13 Year High, Gold Takes a Breather

Gold was on the decline this week, closing just below US$3,370 per ounce, after tensions in the Middle East pushed it past the US$3,430 level toward the end of last week.

All eyes were on the US Federal Reserve, which in a widely expected move left interest rates unchanged on Wednesday (June 18) following its two day meeting. The central bank cut rates in December 2024, but has kept them steady for its last four gatherings.

US President Donald Trump wasn't pleased, calling Powell "too late" in a Thursday (June 19) post on Truth Social. While speculation that Trump will fire Powell has died down, the president did recently say he intends to announce his next pick for the Fed leader position "very soon."

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Silver metallic dice spelling "ETF" against stock chart background.

10 Silver ETFs for Every Investing Style in 2025

Investors looking for exposure to the silver price and silver-mining companies should consider silver exchange-traded funds (ETFs).

Spurred by moves in the gold market, safe-haven buying as well as increasing demand from industrial sectors, silver saw strong price movements in the first half of 2025, breaching US$37 per ounce for the first time since 2011.

While silver has often been seen as a more approachable precious metal owing to its lower per ounce price, its performance has lagged gains seen in the gold price over the past few years. However, silver stole some of the spotlight in the second quarter of 2025 as it saw significant gains on the back of geopolitical tension and economic uncertainty from the US trade and tariff policy.

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