Welcome to our dedicated page for Apollo Silver news (Ticker: APGOF), a resource for investors and traders seeking the latest updates and insights on Apollo Silver stock.
About Apollo Silver Corp
Apollo Silver Corp (APGOF) is a specialized mining and resource exploration company focused on the discovery, delineation, and technical evaluation of mineral deposits with high silver content, alongside other precious and base metals. The company operates by leveraging proven geological exploration techniques and analytical methods, including detailed resource estimation methodologies and Net Smelter Return (NSR) calculations using industry-standard parameters. With a firm grounding in technical expertise, Apollo Silver Corp employs qualified professionals to review historical mineral resources and assess the economic viability of its projects.
Core Business and Operational Focus
This company is firmly embedded within the mining sector, emphasizing the systematic exploration of mineral assets. Its core operations involve the following key areas:
- Exploration and Evaluation: Conducting comprehensive field work, geological surveys, and sampling programs to identify promising mineralized zones.
- Technical Resource Assessment: Utilizing established parameters and NSR calculations to assess historical and new mineral resource estimates responsibly, ensuring that data is scrutinized by qualified personnel.
- Project Development: Engaging in technical programs such as the Calico Project, which reinforces the company’s dedication to in-depth project analysis and resource consolidation, pending requisite regulatory approvals.
- Strategic Asset Management: Managing a portfolio of mineral projects that are positioned within a competitive mining landscape, highlighting robust technical review processes and diligent exploration practices.
Industry Position and Significance
Apollo Silver Corp holds a distinct position within the mining exploration segment. It differentiates itself through an emphasis on technical diligence and comprehensive exploration strategies that integrate historical resource data with new exploration insights. By adhering to stringent evaluation methods and employing experienced geologists, the company reinforces a standard of expertise that is critical within this sector. This focus on methodological accuracy and technical analysis is especially valuable for sectors that require detailed resource evaluations, making it a noted participant in markets where precision and clarity in resource assessment drive investment research and industry analysis.
Technical Programs and Methodologies
The company’s approach is built on long-standing industry practices that combine field exploration with sophisticated analytical models. For instance, resource evaluations such as those conducted at the Upper Manto asset incorporate a series of NSR cut-off analyses based on standardized metal pricing and recovery assumptions. Such technical methodologies ensure that the assessments adhere to industry benchmarks while offering insights that support both internal decision-making and external disclosures in a methodical and unbiased manner.
Understanding the Business Model
At its core, Apollo Silver Corp generates value by continuously advancing its exploration programs and refining its technical evaluations of mineral resources. This does not directly translate into revenue generation like conventional sales businesses; instead, its value rests on the proper identification and technical qualification of mineral assets that could eventually lead to positive economic evaluations. The company positions its exploratory activities within a framework that emphasizes conservative estimates and rigorous validation protocols, ensuring that any subsequent resource upgrades are supported by robust technical evidence.
Competitive Landscape and Market Environment
Within the competitive mining industry, Apollo Silver Corp is one among many companies undertaking similar exploration ventures. However, its emphasis on detailed technical studies and adherence to established NSR-based methodologies provides an added level of transparency and technical credibility. This approach helps investors and industry analysts better understand the inherent risks and potential opportunities embedded within each project, thereby reinforcing a comprehensive outlook that prioritizes well-founded technical expertise over speculative claims.
Key Takeaways
For those researching the mining sector, Apollo Silver Corp offers a detailed case study in the effective integration of technical exploration and qualified resource assessments. Its structured approach in evaluating historic and emerging mineral resources, combined with a focus on methodological precision, ensures that the company’s disclosures remain grounded in well-vetted technical principles. This, in turn, supports an analytical framework that benefits industry observers seeking a clear picture of its operational strategies and technical rigor.
Apollo Silver Corp (TSX.V:APGO, OTCQB:APGOF) has announced engaging Danayi Capital Corp for investor relations and digital marketing services. The agreement, dated March 13, 2025, establishes a one-month trial period with Danayi, a Vancouver-based marketing specialist in the mining and metals sector, at a fee of US$50,000.
The engagement is pending TSX Venture Exchange approval. The Company retains the option to extend the agreement beyond the initial trial period. Danayi currently holds no interest in Apollo Silver's securities and has no plans to acquire any during the engagement period.
Apollo Silver Corp (TSX.V:APGO, OTCQB:APGOF) has filed an NI 43-101 Technical Report for the Cinco de Mayo Project in Chihuahua State, Mexico, effective February 28, 2025. The project comprises 29 concessions totaling 25,113.2049 ha.
The project includes two distinct deposits: The Upper Manto Pb-Zn-Ag (Au) deposit and the Pozo Seco Mo-Au deposit. Historical resource estimates from 2012 show the Upper Manto deposit contains Inferred Resources of 12.45 million tonnes at 132 g/t silver, 0.24 g/t gold, 2.86% lead, and 6.47% zinc. The Pozo Seco deposit's 2010 estimate indicated 29.1 Mt at 0.147% Mo and 0.25 g/t Au.
Under the earn-in agreement with MAG Silver Corp, Apollo must obtain necessary permits and complete 20,000m of exploration drilling within five years. Upon completion, Apollo will issue shares to MAG equivalent to 19.9% of Apollo's outstanding shares.
Apollo Silver Corp (TSX.V:APGO, OTCQB:APGOF) has announced the appointment of Jackie Przybylowski to its Board of Directors, while Collette Brown-Rodriguez transitions to an advisory role. Przybylowski, currently Vice President of Capital Markets at Gold Royalty Corp, brings significant expertise in financial analysis and mining industry strategy.
Przybylowski's background includes serving as Managing Director of Metals and Mining Equity Research Analysis at BMO Capital Markets, where she led analysis of major Canadian mining companies. She holds degrees in Metallurgy and Materials Engineering, an MBA, and is both a professional engineer and CFA charterholder.
The company has granted Przybylowski 300,000 incentive stock options at C$0.255 per share, vesting over 24 months, with a five-year term.
Apollo Silver Corp. (APGOF) has announced its 2025 work program for the Calico Silver Project in California and provided updates on the Cinco de Mayo Project in Mexico. The program focuses on two main components: expanding the 2023 Waterloo Mineral Resource Estimate (MRE) by defining and potentially adding barite, and conducting mapping and sampling in the Burcham Mine area.
The company plans to initiate a comprehensive barite work program, recognizing barite's status as a USGS-listed critical mineral. The current Waterloo MRE contains 110 million ounces of silver at 100 g/t Ag in Measured and Indicated categories, and 70,000 oz gold at 0.5 g/t Au.
The barite program will include re-assaying historical and recent drill pulps using X-Ray Fluorescence, starting February 2025. The Burcham program will involve detailed surface mapping, rock sampling, and approximately 1,000 metres of exploration core drilling to better understand gold mineralization.
Apollo Silver Corp (APGOF) provided a corporate update highlighting key developments. The company secured an option to acquire the Cinco de Mayo Silver Project in Mexico, completed a C$13.5M financing with support from notable investors including Eric Sprott, and strengthened its management team. To acquire 100% of Cinco de Mayo, Apollo must obtain necessary permits and complete 20,000 meters of exploration drilling within five years, after which it will issue MAG Silver Corp. shares equivalent to 19.9% of Apollo's outstanding shares. The company plans to commence barite resource estimation work and gold exploration at the Calico Silver Project in California in 2025.
Apollo Silver Corp. has successfully closed a non-brokered private placement, raising C$13.5 million through the issuance of 67,500,000 common shares at C$0.20 per share. Notable investor Eric Sprott contributed C$2 million to the offering. The proceeds will fund the advancement of the Calico Silver Project in California and the newly optioned Cinco de Mayo Silver Project in Mexico, along with community relations initiatives and general corporate purposes. The company will pay C$334,000 in finder's fees, and the shares are subject to a four-month hold period. Company Chairman Andrew Bowering participated with a C$500,000 investment.
Apollo Silver Corp. (TSX.V:APGO, OTCQB:APGOF) has announced a further increase in its non-brokered private placement due to significant interest. The company will now offer up to 67,500,000 common shares at a price of $0.20 per share, aiming to raise aggregate gross proceeds of up to $13,500,000. The net proceeds will be used to advance the Calico Silver Project in California, invest in community relations at the newly optioned Cinco de Mayo Silver Project in Mexico, cover ongoing property maintenance costs, and for general corporate purposes. The offering is subject to TSX Venture Exchange approval, and all securities issued will have a four-month hold period from the closing date.
Apollo Silver Corp. (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) has announced an upsizing of its non-brokered private placement due to significant interest. The company will now offer up to 60,000,000 common shares at a price of $0.20 per share, for aggregate gross proceeds of up to $12,000,000. The net proceeds will be used to:
- Advance the Calico Silver Project in California
- Invest in community relations initiatives at the newly optioned Cinco de Mayo Silver Project in Mexico
- Cover ongoing property maintenance costs at both projects
- General corporate purposes
The shares will be subject to a four-month hold period from the closing date. Finder's fees may be payable on a portion of the funds. The offering's closing remains subject to TSX Venture Exchange approval.
Apollo Silver Corp. (TSX.V:APGO, OTCQB:APGOF) has announced a non-brokered private placement offering of up to 50,000,000 shares at $0.20 per share, aiming to raise $10 million. The proceeds will be used to advance the Calico Silver Project in California, invest in community relations at the newly optioned Cinco de Mayo Silver Project in Mexico, and for general corporate purposes.
Following the offering, the company plans a 5:1 share consolidation, reducing the expected 224,693,729 shares to approximately 44,938,746. Additionally, Apollo Silver has appointed Alex Tsakumis to its Board of Directors and Amandip Singh as Vice President of Corporate Development, strengthening its leadership team with experienced mining industry professionals.
Apollo Silver Corp. (TSX.V:APGO, OTCQB:APGOF) has entered into an option agreement with MAG Silver Corp. to acquire the Cinco de Mayo Project in Chihuahua, Mexico. The project comprises 29 concessions totaling approximately 25,000 hectares and hosts carbonate replacement type deposits, including the Upper Manto Pb-Zn-Ag (Au) deposit and the Pozo Seco Mo-Au deposit.
Key points:
- Historical inferred resource for Upper Manto: 12.45 million tonnes at 132 g/t Ag, 2.86% Pb, 6.47% Zn, 0.24 g/t Au
- Pozo Seco historical indicated resource: 29.1 million tonnes at 0.147% Mo and 0.25 g/t Au
- Apollo Silver must obtain necessary licensing and complete 20,000 m of exploratory drilling within five years
- Upon exercise of the option, Apollo will issue shares to MAG equivalent to 19.9% of the company
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