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. announced promising preliminary results from its 2022 Metallurgical Test Program for silver recovery at the Waterloo deposit. Up to 61% silver recovery was achieved using conventional cyanide leaching, while a fluoride-assisted leach resulted in recoveries of up to 72%. Ultra-fine grinding yielded 80% recovery. A significant increase in recovery was noted with High Pressure Grinding Roll (HPGR) technology, achieving 50-100% more than conventional methods. These findings will inform the update to the Mineral Resource Estimate expected in early March. The project is part of the larger Calico Silver Project in California.
Apollo Silver Corp. (APGOF) announced significant gold assay results from its Calico Silver Project in California. The Phase 2 drill program revealed multiple intercepts, including 91.0 m of 0.390 g/t Au from the surface, with notable surface samples revealing up to 211 g/t Au. Gold mineralization occurs beneath existing silver resources, extending over 1,000 m and remaining open along strike. Cyanide solubility tests indicated recoveries between 75% and 95%, suggesting the gold is oxidized and amenable to leaching. The company aims to enhance its metal inventory ahead of an upcoming mineral resource estimate update, potentially increasing the project's attractiveness for investors.
Apollo Silver Corp. has received a one-year extension for its Temporary Use Permit from San Bernardino County, allowing continued drilling at the Calico Silver Project. Recent assay results from Phase 2 of the 2022 Drill Program showcased high-grade silver intercepts, including 197 g/t Ag over 61.0 m and 135 g/t Ag over 85.5 m. The resource estimation work program is on track, with results expected in early March. The company has completed 39 out of 44 planned drill holes, yielding substantial silver grades that are anticipated to enhance the current mineral resource estimate of 116 million ounces of silver.
Apollo Silver Corp. (TSX.V:APGO, OTCQB:APGOF) announced promising assay results from Phase 2 of its 2022 Drill Program at the Calico Silver Project in California. Key highlights include the highest-grade silver intercept ever reported at Calico: 189 g/t silver over 140.5 meters from surface (W22-RC-042). Notably, the results show bonanza-grade silver in two holes: 1,610 g/t over 1.5 meters and 1,095 g/t over 1.5 meters. Stantec has been engaged for a mineral resource estimation update scheduled for Q1 2023. The findings support the potential expansion of the silver resource at Calico, bolstering investor confidence.
Apollo Silver Corp. has announced promising results from the Phase 2 Drill Program at the Calico Silver Project, highlighting significant silver intercepts, including 109 g/t Ag over 109 m from surface (W22-RC-045). These results indicate a potential expansion of the resource estimate beyond the current 166 million ounces of silver at an average grade of 89 g/t. Drilling continues to confirm the extensive nature of the oxide gold horizon below the silver, with various gold intercepts reported. The company is on track to deliver an updated mineral resource estimate in Q1 2023.
Apollo Silver Corp. reported initial assay results from Phase 2 of its 2022 Drill Program at the Calico Silver Project in California. Notably, drilling has expanded silver mineralization up to 100 meters beneath the current resource estimate, aiding the upcoming resource update. Significant silver intercepts include 133 g/t over 129.0 m and 93 g/t over 52.5 m. The gold horizon has also been confirmed with 39.0 m of 0.790 g/t Au. These findings support resource growth and potential upgrades in the resource category, setting a promising outlook for the revised mineral resource estimate due in early 2023.
Apollo Silver Corp. has successfully completed Phase 2 of its 2022 Calico Drill Program ahead of schedule and under budget, totaling 4,819 meters across 44 drill holes. The program enhances the Inferred Mineral Resource Estimate of 166 million ounces of silver. Additionally, the company has renegotiated the terms of its Arizona Silver Project, deferring several payment obligations by 12 months, thereby allowing more time for initial target generation work. Assays from Phase 2 will be released as received from the lab.
Apollo Silver Corp. has started its Phase 2 Drill Program at the Calico Silver Project in California, completing 13 reverse circulation drill holes so far. This program, part of the 2022 Calico Technical Program, aims to enhance its Inferred Mineral Resource Estimate of 166 million ounces of silver. Additionally, a groundwater monitoring program has commenced to assess groundwater quality and capacity, supporting future project needs. The program is scheduled to conclude by late November 2022, with assay results and updates to the resource estimate expected to follow.
Apollo Silver Corp. has initiated Phase 2 of its 2022 drill program at the Calico Silver Project in California. Commencing on September 19, 2022, this phase involves 4,300 meters of reverse circulation drilling in 39 holes aimed at enhancing and expanding the previously announced Inferred Mineral Resource Estimate of 166 million ounces of silver. Results from Phase 1 confirmed the continuity and predictability of silver mineralization. The program, expected to conclude by mid-November 2022, intends to deliver regular assay results to investors.
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