VANCOUVER, British Columbia – Could 20, 2025 (Investorideas.com Newswire) Apollo Silver Corp. (“Apollo” or the “Firm”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is happy to announce it has acquired 2,215 hectares (“ha”) of extremely potential claims contiguous to its Waterloo property at its Calico Silver Undertaking (“Calico” or “Calico Undertaking”). The newly acquired claims herein known 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 had been the earlier operators of the property. Preliminary mapping and sampling carried out by the prior operator of the Mule claims recognized a number of high-grade silver targets, which shall be evaluated as a part of Apollo’s future exploration planning.
As well as, a mapping and sampling program was not too long ago accomplished on the Burcham gold prospect space within the southwest area of the Waterloo property (see information launch dated February 12, 2025). This program confirmed the significance of the Calico fault system with respect to controls on the silver (“Ag)” and gold (“Au”) mineralization within the space and has recognized the potential for copper (“Cu”), zinc (“Zn”) and lead (“Pb”) mineralization related to stratabound and mantos lenses.
Highlights:
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Mule claims broaden the Calico Undertaking land package deal by over 285%, from 1,194 ha to three,409 ha of contiguous claims.
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Mule claims development alongside the mineralized Calico Fault System liable for mineralization seen at Calico.
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Reviews from the prior operator point out that there are a number of strongly anomalous silver values on the property, which Apollo will try and ground-truth within the coming exploration packages.
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Sampling completed throughout the Mule claims by earlier operator has recognized a big Ag anomaly related to the identical suite of host rocks on the Waterloo property.
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Exploration on the Burcham prospect at Waterloo included assays from 27 floor samples:
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Assay peaks as much as 14.10 g/t Au, 20.70 g/t Ag, 0.17% Cu, 22.80% Zn and 5.74 % Pb from numerous samples (see Desk 1).
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Identification of strata-bound lenses and mantos that present robust potential for Cu, Zn and Pb mineralization.
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Ross McElroy, President and CEO of Apollo, commented, “The addition of the Mule claims considerably enhances the Calico Undertaking. Calico already hosts 3 discrete drill delineated zones with useful resource estimates alongside a 4km lengthy development, alongside the Calico fault zone. The Mule claims enhance the general land space of the Calico challenge by greater than 2.5x. The brand new claims are strategically positioned to the east alongside the very prolific Calico mineralized hall and symbolize a terrific alternative for additional discoveries. Apollo is dedicated to persevering with to unlock worth in California for our shareholders.”
Mule Claims Acquisition
The Mule claims are composed of 415 lode mining claims administered by the Bureau of Land Administration. Mapping and sampling carried out by the earlier operators throughout the Mule claims has recognized a continuation of the mineralized Calico Fault System. The sedimentary rocks of the Barstow formation which hosts the Waterloo silver deposit, in addition to the volcanic Pickhandle formation are pronounced all around the acquired claims. The contact between the Barstow and Pickhandle formation has demonstrated potential for gold mineralization as is seen at Waterloo. Sampling throughout the Mule claims has recognized a number of robust Ag and Au anomalies. Apollo plans to conduct its personal comply with up exploration program on the Mule claims to raised develop its personal exploration targets and delineate the place this extremely potential contact is uncovered.
Particulars of the Transaction
The Mule claims had been acquired by Apollo’s wholly owned U.S. subsidiary, Stronghold Silver USA Corp. (“Stronghold”), from LAC. As consideration for the acquisition, Apollo paid US$250,000 in money, and LAC retains a 2.0% web smelter return royalty (the “Royalty”) on the Mule claims.
Apollo, via Stronghold, retains the appropriate to purchase again 1.0% of the Royalty at any time on or earlier than the date that’s thirty (30) days from the date of graduation of economic manufacturing, for a cost of US$1,000,000.
Determine 1: Map of Calico Undertaking in San Bernardino, California
2025 Burcham Exploration Program
The Firm has accomplished its beforehand introduced floor exploration work at its Burcham prospect (see information launch dated February 12, 2025). The work accomplished consisted of detailed mapping, pattern assortment and goal technology, with the intention to comply with up with future drilling.
The exploration group has accomplished a few of the most detailed mapping up to now on the Calico Undertaking, together with earlier packages at Langtry and Waterloo. Constructions dominating at Burcham are much like these at Waterloo with the system being dominated by the Calico Fault, a sinuous reasonably plunging reverse fault that dips steeply to the north. Potential for Au mineralization is powerful alongside the contact of the Burcham and Pickhandle formations. Beforehand unrecognised, stratiform mantos and lenses occupying fold flexures present robust potential for Cu mineralization. Any such mantos have been traditionally mined on the north aspect of the Waterloo deposit, and happen close to the contact between the Pickhandle Formation and the overlying Barstow Formation. Historic mining on the North aspect of Waterloo Deposit focused a manto about 1.5 m thick. Copper mineralization is related to robust hydrothermal alteration which is seen to decrease as you progress eastward alongside the property. Assays of the pattern outcomes are offered in Desk 1.
Determine 2: Abstract Map of Burcham Exploration Program
Desk 1: Location and Assay Outcomes of Samples Collected
Sampling and High quality Assurance/High quality Management
Seize samples had been collected within the discipline and a 2 kg consultant pattern was despatched for evaluation. Rock samples are catalogued and securely saved in a warehouse facility in Barstow, California till they’re prepared for safe cargo to ALS International Geochemistry in Reno, Nevada (“ALS Reno”) for pattern preparation and gold evaluation. After preparation, splits of ready pulps are securely shipped to ALS Vancouver, British Columbia for evaluation.
Samples had been ready at ALS Reno (Prep-31 package deal) with every pattern crushed to raised than 70% passing a 2 mm (Tyler 9 mesh, U.S. Std. No. 10) display screen. A break up of 250 g is taken and pulverized to raised than 85% passing a 75-micron (Tyler 200 mesh, U.S Std. No 200) display screen. Floor samples had been analyzed utilizing full characterization by way of the CCP-PK05 strategies, which embrace complete rock evaluation (ME-ICP06), ME-MS61, single ingredient hint methodology utilizing aqua regia digestion and ICP-MS (ME-MS42) and uncommon earth parts utilizing the strategy ME-ME81, which consists of lithium borate fusion adopted by ICP-MS. All floor samples had been submitted for gold evaluation by hearth assay (Au-AA23). Over-range samples analyzed for copper, lead and zinc had been re-submitted for evaluation utilizing a four-acid digestion and ICP-AES end (methodology OG62) with a variety of 0.001-50% for copper, 0.001-20% for lead, and 0.001-30% for zinc. Gold was analyzed by hearth assay with atomic absorption end (methodology Au-AA25) with a reportable vary of 0.01-100 ppm Au. All analyses had been accomplished at ALS Vancouver apart from gold by hearth assay, which was accomplished at ALS Reno.
Apollo’s QA/QC program contains ongoing auditing of all outcomes from the laboratories. The Firm’s Certified Particular person is of the opinion that the pattern preparation, analytical, and safety procedures adopted are enough and dependable. The Firm will not be conscious of any sampling points or different components that would materially have an effect on the accuracy or reliability of the info reported herein.
2025 Advertising Initiatives
The Firm additionally proclaims that it has engaged Inventive Direct Advertising Group, Inc. (“CDMG”), an arm’s-length service supplier, to offer inventive companies in accordance with the insurance policies of the TSX Enterprise Trade (“TSXV”) and relevant securities legal guidelines. Primarily based in Nashville, Tennessee, CDMG makes a speciality of advertising, promoting, and public consciousness throughout numerous sectors, together with mining and metals.
Pursuant to a piece order dated Could 16, 2025 (the “Settlement”), the Firm has retained CDMG’s for a one-time charge of roughly US$129,800. The Settlement represents a inventive price range for advertising and promoting companies (the “Companies”), enabling CDMG to start making ready content material that could be utilized in future campaigns. No particular advertising marketing campaign has been ready, authorized, or scheduled right now. The engagement is topic to the approval of the TSX Enterprise Trade.
Certified Particular person
The scientific and technical knowledge contained on this information launch was reviewed and authorized by Isabelle Lepine, M.Sc., P.Geo., Apollo’s Director, Mineral Sources. Ms. Lepine is a registered skilled geologist in British Columbia and a QP as outlined by NI 43-101 and isn’t an impartial of the Firm.
About Apollo Silver
Apollo Silver has assembled an skilled and technically robust management group who’ve joined to advance high quality valuable metals tasks in wanted jurisdictions. The Firm is targeted on advancing its portfolio of two potential silver exploration and useful resource growth tasks, the Calico Undertaking, in San Bernardino County, California and the Cinco de Mayo Undertaking, in Chihuahua, Mexico.
Please go to www.apollosilver.com for additional data.
ON BEHALF OF THE BOARD OF DIRECTORS
Ross McElroy, President and CEO
For additional data, please contact:
Amandip Singh, VP Company Growth
Phone: +1 (604) 428-6128
Electronic mail: data@apollosilver.com
Neither the TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.
Cautionary Assertion Relating to “Ahead-Wanting” Data
This information launch contains “forward-looking statements” and “forward-looking data” throughout the that means of Canadian securities laws. All statements included on this information launch, aside from statements of historic truth, are forward-looking statements together with, with out limitation the anticipated advantages and strategic rationale of the Mule claims acquisition; the timing, scope, and success of deliberate exploration actions, together with mapping, sampling, and drilling on the Burcham prospect; the potential for silver, gold, and copper mineralization; and the Firm’s capability to advance, develop, and allow the Calico Undertaking. Ahead-looking statements embrace predictions, projections and forecasts and are sometimes, however not all the time, recognized by way of phrases similar to “anticipate”, “imagine”, “plan”, “estimate”, “count on”, “potential”, “goal”, “price range” and “intend” and statements that an occasion or outcome “could”, “will”, “ought to”, “may” or “may” happen or be achieved and different comparable expressions and contains the negatives thereof.
Ahead-looking statements are primarily based on the affordable assumptions, estimates, evaluation, and opinions of the administration of the Firm made in gentle of its expertise and its notion of traits, present situations and anticipated developments, in addition to different components that administration of the Firm believes to be related and affordable within the circumstances on the date that such statements are made. Ahead-looking data relies on affordable assumptions which have been made by the Firm as on the date of such data and is topic to recognized and unknown dangers, uncertainties and different components which will have brought on precise outcomes, stage of exercise, efficiency or achievements of the Firm to be materially completely different from these expressed or implied by such forward-looking data, together with however not restricted to: dangers related to mineral exploration and growth; steel and mineral costs; availability of capital; accuracy of the Firm’s projections and estimates; realization of mineral useful resource estimates, curiosity and trade charges; competitors; inventory value fluctuations; availability of drilling tools and entry; precise outcomes of present exploration actions; authorities regulation; political or financial developments; environmental dangers; insurance coverage dangers; capital expenditures; working or technical difficulties in reference to growth actions; personnel relations; and modifications in Undertaking parameters as plans proceed to be refined. Ahead-looking statements are primarily based on assumptions administration believes to be affordable, together with however not restricted to the value of silver, gold and Ba; the demand for silver, gold and Ba; the flexibility to hold on exploration and growth actions; the well timed receipt of any required approvals; the flexibility to acquire certified personnel, tools and companies in a well timed and cost-efficient method; the flexibility to function in a protected, environment friendly and efficient matter; and the regulatory framework concerning environmental issues, and such different assumptions and components as set out herein. Though the Firm has tried to establish vital components that would trigger precise outcomes to vary materially from these contained in forward-looking data, there could also be different components that trigger outcomes to not be as anticipated, estimated or meant. There could be no assurance that forward-looking statements will show to be correct and precise outcomes, and future occasions may differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on ahead wanting data contained herein, besides in accordance with relevant securities legal guidelines. The forward-looking data contained herein is offered for the aim of helping buyers in understanding the Firm’s anticipated monetary and operational efficiency and the Firm’s plans and goals and is probably not applicable for different functions. The Firm doesn’t undertake to replace any forward-looking data, besides in accordance with relevant securities legal guidelines.
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