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.

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.

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

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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

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APGO:CA

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.

News Provided by GlobeNewswire via QuoteMedia

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Apollo Silver Appoints Ross McElroy as President and CEO

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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.

News Provided by GlobeNewswire via QuoteMedia

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Site ID	Sample ID	Easting	Northing	Elevation (m)	Au (g/t)	Ag (g/t)	Cu (%)	Zn (%)	Pb (%)
A	F278051	511181	3867493	707	0.13	2.73	0.01	0.55	0.12
B	F278052	511185	3867503	712	0.53	9.17	0.04	0.25	0.61
C	F278053	511181	3867516	714	0.01	3.56	0.00	0.30	0.09
D	F278054	511182	3867536	719	0.05	2.95	0.00	0.40	0.06
E	F278055	511209	3867614	736	0.08	3.18	0.00	0.18	0.02
F	F278056	511229	3867640	743	0.12	2.79	0.00	0.27	0.03
G	F278057	511270	3867668	775	14.10	9.08	0.06	0.40	0.51
H	F278058	511238	3867486	728	0.32	3.87	0.03	0.07	0.21
I	F278059	511591	3867483	738	0.05	0.36	0.17	0.89	0.01
J	F278060	511452	3867566	787	0.42	20.70	0.06	0.05	0.49
K	F278061	511378	3867622	792	0.25	7.83	0.02	0.06	0.17
L	F278062	511343	3867613	789	0.25	4.64	0.01	0.01	0.21
M	F278063	511595	3867636	812	0.15	2.50	0.02	0.16	0.25
N	F278064	511617	3867601	796	0.01	0.58	0.01	0.08	0.09
O	F278065	511125	3867728	796	0.03	6.90	0.00	0.09	0.17
P	F278066	511159	3867925	865	0.04	2.96	0.14	0.14	0.24
Q	F278067	511179	3867932	864	0.03	0.61	0.02	0.19	0.03
R	F278068	511016	3867837	857	0.00	17.30	0.00	0.07	0.01
S	F278069	511283	3867661	777	12.45	15.95	0.08	0.29	0.74
T	F278070	511302	3867680	794	4.58	9.02	0.15	0.37	5.74
U	F278071	511363	3867570	781	1.13	12.65	0.02	0.06	0.32
V	F278072	511478	3867509	772	0.72	10.25	0.03	0.04	0.59
W	F278073	511519	3867501	764	0.16	2.73	0.04	0.08	0.17
X	F278074	511485	3867458	753	0.05	2.56	0.01	14.75	0.10
Y	F278075	511440	3867459	751	0.18	1.58	0.00	22.80	0.07
Z	F278076	511377	3867520	748	1.52	5.90	0.02	0.09	0.21
AA	F278077	511314	3867501	734	1.71	3.28	0.01	0.05	0.19

Target Area (name)	Drill Hole (number)	From (m)	To (m)	Interval (m)	Au (g/t)
SAM West	TN-25-039	10.00	10.50	0.50	2.95
		64.40	65.30	0.90	2.86
SAM West	TN-25-041	21.30	22.20	0.90	2.59
SAM West	TN-25-056	103.10	105.40	2.30	9.59
	*Including*	103.10	104.90	1.80	11.25
	*Including*	103.10	103.60	0.50	21.30
SAM West	TN-25-057	145.00	146.40	1.40	58.66
	*Including*	145.00	145.90	0.90	63.20
	*and*	145.90	146.40	0.50	50.50
SAM West	TN-25-058	201.90	203.40	1.50	2.84
		237.60	238.10	0.50	3.62
		249.30	249.80	0.50	10.40
		275.90	276.40	0.50	3.65
SAM West	TN-25-060	237.20	237.80	0.60	3.97
		241.20	242.00	0.80	3.44


1)	Intercepts above a cut-off grade of 2.25 g/t Au
2)	Maximum of 2.50 m internal dilution and no top capping applied
3)	Intervals represent drill core length and are considered to represent 60% to 90% of true widths
4)	Full Significant Assay Results included in Table 2
5)	Drill hole Information included in Table 3

Table 2: True North; Select Drill Hole Assays
Target Area (name)		Drill Hole (number)	From (m)	To (m)	Interval (m)	Au* (g/t)
SAM West	TN-25-039		10.00	10.50	0.50	2.95
			18.00	20.60	2.60	0.93
			48.00	49.00	1.00	1.11
			64.40	65.30	0.90	2.86
SAM West	TN-25-041		9.00	10.00	1.00	0.87
			20.50	21.30	0.80	0.87
			21.30	22.20	0.90	2.59
			22.20	22.80	0.60	0.76
			28.40	29.30	0.90	2.07
Gate	TN-25-044		10.10	11.00	0.90	1.30
Gate	TN-25-046			No Significant Values
Gate	TN-25-047			No Significant Values
Gate	TN-25-049		89.90	90.80	0.90	0.57
Gate	TN-25-050			No Significant Values
SAM West	TN-25-056		100.70	102.30	1.60	1.42
			103.10	105.40	2.30	9.59
	*Including*		103.10	104.90	1.80	11.25
	*Including*		103.10	103.60	0.50	21.30
			106.80	112.40	5.60	1.09
SAM West	TN-25-057		136.60	140.80	4.20	0.63
			145.00	146.40	1.40	58.66
	*Including*		145.00	145.90	0.90	63.20
	*and*		145.90	146.40	0.50	50.50
			147.20	151.00	3.80	0.60
			187.30	187.80	0.50	0.95
			201.60	203.40	1.80	1.06
			210.50	211.50	1.00	0.93
			217.50	218.00	0.50	1.93
			303.40	304.10	0.70	1.08
SAM West	TN-25-058		97.10	97.80	0.70	1.46
			100.00	101.70	1.70	1.22
			115.70	116.20	0.50	1.01
			118.20	119.20	1.00	0.93
			198.00	199.40	1.40	0.79
			201.90	203.40	1.50	2.84
			214.90	215.60	0.70	2.06
			237.60	238.10	0.50	3.62
			247.30	248.30	1.00	1.06
			249.30	249.80	0.50	10.40
			275.90	276.40	0.50	3.65
SAM West	TN-25-059		339.70	340.80	1.10	2.07
SAM West	TN-25-060		215.20	216.30	1.10	1.87
			237.20	237.80	0.60	3.97
			240.20	241.20	1.00	1.13
			241.20	242.00	0.80	3.44
			252.30	254.50	2.20	0.57
			290.20	290.90	0.70	0.63
			313.30	314.80	1.50	1.12

Drill Hole (Number)	`Target (Name)	Northing* (m)	*Easting (m)**	Elevation (masl)	Azimuth (°)	Inclination (°)	Depth (m)
TN-25-039	SAM West	5655810	311885	251	197	-70	131
TN-25-041	SAM West	5655810	311885	251	230	-45	110
TN-25-044	Gate	5655940	312204	257	129	-56	176
TN-25-046	Gate	5655940	312204	257	106	-48	269
TN-25-047	Gate	5655940	312204	257	74	-59	372
TN-25-049	Gate	5655800	312446	250	89	-45	194
TN-25-050	Gate	5655800	312446	250	71	-52	269
TN-25-056	SAM West	5655890	311918	259	350	-71	302
TN-25-057	SAM West	5655890	311918	259	327	-57	320
TN-25-058	SAM West	5655895	311924	251	56	-72	299
TN-25-059	SAM West	5655933	311986	248	348	-73	377
TN-25-060	SAM West	5655935	311991	256	327	-65	389

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

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Overview

Company Highlights

Key Projects

Calico Project

Cinco de Mayo Project

Management Team

Andrew Bowering – Interim President, CEO and Chairperson

Chris Cairns – Chief Financial Officer

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Rona Sellers – VP Commercial and Compliance and Corporate Secretary

Isabelle Lépine – Director, Mineral Resources

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