Apollo Silver
Financials:
Primary ticker: TSXV:APGO, OTCQB:APGOF
Stage of development: Exploration, Development
Primary minerals: Silver
Project to promote: Calico Silver Project
Project location: USA
Website: apollosilver.com
Apollo Silver is focused on advancing its portfolio of two silver exploration and resource development projects, the Calico Silver Project, in San Bernardino County, California and Silver District Project in La Paz County, Arizona. In February 2022, the company announced a maiden mineral resource of 166 million ounces of silver contained in 58.1 Mt (grading 89 g/t silver) for the Calico Project, which ranks as the 3rd largest undeveloped US silver project. Apollo Silver is proud to be supported by a strong executive and technical team and treasury and has made ESG commitments, pledging to implement an ESG reporting system and maiden ESG report in 2022.
Cash: CAD$13.5M
Debt: NIL
Major shareholders:
Jupiter Asset Management – ~9%
Sprott Asset management – ~2.3%
Management Profile
Tom Peregoodoff- President, Chief Executive Officer & Director
30+ years industry leadership experience through all stages of exploration. Previously VP Early Stage Exploration at BHP, CEO at Peregrine Diamonds. Currently a board member and independent director of American West Metals Limited.
What is your rationale for taking part in 121 Mining Investment?
What recent news would you like to highlight to investors attending?
Oct 17, 2022 – Apollo Provides Update on Phase 2 Drill Program at Calico Silver Project – Commences Groundwater Monitoring Program
Sep 20, 2022 – Apollo Commences Phase 2 Drill Program at the Calico Silver Project
Sep 14, 2022 – Apollo Announces Surface Sampling Results Further Extending Gold Mineralization at Calico
Aug 23, 2022 – Apollo Silver Reports New Assay Results from Calico 2022 Drill Program: Extends Silver Mineralization Beneath Current Resource Boundary
Jul 26, 2022 – Apollo Silver Reports New Assays from Calico: Results Continue to Validate Maiden Silver Resource Estimate and Expand Gold Target
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Complete and report assay results from Phase 2 drill program; publish maiden ESG report
6 Months:
Publish updated MRE on Calico Silver Project
12 Months:
Complete Calico PEA mid-2023
What do you think makes your company such a compelling investment?
1) located in a stable jurisdiction;
2) extensive near-surface resource with low strip ratio;
3) significant near-term catalysts, including expansion of existing silver resource and inclusion of gold and barite credits;
4) fully funded 2022 exploration program (no debt)