Apollo Silver

Primary tickers: TSXV:APGO, OTCQB:APGOF, Frankfurt:6ZF0
Stage of development: Exploration, Development
Primary mineral: Silver
Project to promote: Calico Silver Project, Cinco de Mayo
Project location: USA, Mexico
Website: apollosilver.com

Apollo Silver is a TSX-V listed company which controls the US’s third largest advanced pure silver resource at their Calico Silver Project. Recently Apollo announced an updated mineral resource of 110 Moz of silver in Measured and Indicated categories with an additional 51 Moz of silver in the Inferred category at Calico. In addition to advancing Calico toward development, Apollo Silver Corp. is advancing its the Cinco de Mayo Project, in Chihuahua State in Mexico.

Cash: CAD 2.3M
Debt: NIL

Major shareholders:
Jupiter Asset Management – ~9%

Andrew Bowering – ~5.5%
Management ownership – 10%

Financials

Management Profile

Amandip Singh – Vice President, Corporate Development

Mr. Amandip Singh, a geologist and mining professional with over 15 years of progressively senior experience in the mining industry, finance, and academia. Mr. Singh has worked with some of the most successful mining teams in the world, including the Frank Giustra backed, West Red Lake Gold as well as Magna Gold Corp, a Mexico based gold producer, where he served as the Vice President of Corporate development and was part of the management team that saw the Saddle North Cu-Au porphyry project advance from discovery to eventual acquisition by Newmont Mining in a transaction valued at USD 311 Million. As a finance professional, Mr. Singh was a sell-side mining analyst at a boutique mining focused brokerage, his coverage ranged from developers to senior producers. He has also worked as an exploration geologist, most notably with Noront Resources (Acquired by Wyloo Metals) and was part of the team responsible for completing the initial bankable feasibility study on the Eagles Nest Ni- Cu-PGE deposit in Northern Ontario. Mr. Singh holds a Bachelor of Science degree in Geology from the University of Toronto.

What is your rationale for taking part in 121 Mining Investment?

We would like to increase raise awareness of our Calico and Cinco de mayo projects among European investors

What recent news would you like to highlight to investors attending?

Sept 23, 2024 – Apollo Silver to Option Cinco de Mayo Project, Chihuahua, Mexico

What are your key goals in 3 months, 6 months, 12 months?

3 Months:

Advance Calico Project, Update technical report at Cinco de Mayo, Work on obtaining social license at Cinco de Mayo

6 Months:

Barite resource at Calico, advance discussions with community towards a working arrangement at Cinco de Mayo, plan and finalize exploration program at Cinco de Mayo

12 Months:

Executing exploration program at Cinco de Mayo

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

1) Market volatility – Carefully managing our treasury and adjusting financing plans to suit.
2) Market perception of mining in California – Helping educate investors on mining in California and the importance of silver in the development of renewable energy. Seeking to diversify geographically

What do you think makes your company such a compelling investment?

1) Tremendous leverage to increased silver demand

2) Calico is significantly de-risked

3) Stable jurisdiction

4) Private lands with vested mining rights reduces permitting timelines

5.) significant silver inventory

6.) potential discovery at Pegaso Zone on our Cinco Project

What are the top 3 key investor takeaways?

Large inventory of silver across multiple projects, potentially significant discovery in the making, very significant re-rate probability upon successfully obtaining social license