APOLLO SILVER CORP - APGOF STOCK NEWS

Apollo Silver Corp. provides an update on its Arizona Silver District Project, confirming the presence of large mineralized veins and breccias. The company has initiated a 2022 exploration work program, set to begin in Q2 2022, and completed a site visit that validated prospects for significant mineralization. A cash payment of US$100,000 has been made to the project vendor as part of its option agreement. Apollo aims to enhance its understanding of mineralization and identify new drilling targets through a phased exploration strategy with an approved budget of approximately C$830,000.

Apollo Silver Corp. has reported significant findings from its technical review of historic data at the Waterloo and Langtry projects in California. The review indicates a promising gold-bearing horizon with a true thickness of 25 m, returning 0.59 g/t Au from 132.60 m depth. The entire 2.2 km contact between the Barstow and Pickhandle formations shows potential for gold mineralization, enhancing exploration prospects. An upcoming drill program in 2022 will further evaluate this horizon. CEO Tom Peregoodoff emphasized the potential for a major gold discovery at Waterloo.

Apollo Silver Corp. (OTCQB: APGOF) has received a Conditional Temporary Use Permit from San Bernardino County for its 2022 drilling activities at the Waterloo Silver-Barite Project. The permit, effective from February 1, 2022, allows for drilling aimed at understanding high-grade silver distribution, expanding mineralization, and obtaining geotechnical data. Additionally, the maiden resource declaration for Waterloo and Langtry is on track for completion in Q1 2022. A 3-D induced polarization survey is underway, with updates expected in early 2022.

Apollo Silver Corp. announced the start of its 2022 Maiden Resource Declaration Program for the Waterloo and Langtry Silver-Barite projects in California. Key highlights include the completion of initial data QA/QC, with the resource declaration expected in Q1 2022, earlier than planned. Stantec has been engaged for independent mineral resource estimation. The company also submitted permit applications for the proposed drill program, aiming to refine mineralization understanding and expand resources. Historical estimates indicate significant silver potential in both projects.

Apollo Silver Corp. has filed an independent technical report for the Langtry Silver-Barite Project in California, marking its first N.I. 43-101 disclosure. The report confirms the historical resource estimate of 12.7 million tons grading 1.48 ounces per tonne (opt) for 18.8 million ounces of contained silver in the Indicated category, and 30.4 million tons grading 1.40 opt for 42.6 million ounces in the Inferred category. Additionally, Rona Sellers has been appointed Corporate Secretary effective December 1, 2021.

Apollo Silver Corp. has appointed Ms. Jocelyn Thompson to its Board of Directors effective November 8, 2021. Thompson brings nearly 40 years of experience in project permitting and environmental law, enhancing the Board's governance. Concurrently, Mr. Daryn Gordon has resigned from the Board. The Company has also granted 600,000 incentive stock options with a $0.71 exercise price, vesting over 12 months. Apollo focuses on advancing silver exploration projects in California and Arizona, aiming to strengthen its position in the precious metals sector.

Apollo Silver Corp. has recently enhanced its leadership team with the appointments of Steven Thomas to the Board of Directors and Rona Sellers as Vice President, Commercial and Compliance. Thomas, an experienced finance executive, will offer strategic guidance, while Sellers is set to spearhead corporate initiatives including the Environmental, Social, and Governance program. Additionally, the company has granted 250,000 stock options to a director, set to vest over a year at an exercise price of $0.82. These changes aim to support Apollo's advancement in silver exploration and resource development.

Apollo Silver Corp. (TSX.V:APGO, OTCQB:APGOF) updated its technical program for the Waterloo and Langtry Silver-Barite projects in California. The company is on track to declare maiden resource estimates, bolstered by the completion of 3-D geological models and an independently verified drill database. The exploration program includes geological and geophysical work, with permitting underway for upcoming drilling activities. Positive results from historical data compilations provide increased confidence in mineralization estimates and will support the company's resource estimation strategy.

Apollo Gold & Silver Corp. has received approval from the TSX Venture Exchange to change its name to Apollo Silver Corp., effective September 10, 2021. This name change signifies a strategic shift towards becoming a US-focused pure silver explorer and developer. No shareholder approval is needed for the change, and there will be no consolidation of shares. Additionally, the company has launched a new website to enhance communication with investors. CEO Tom Peregoodoff encourages stakeholders to visit the site for updates on the company’s progress.