Apollo Silver Corp.

Description

Apollo Silver Corp. is a TSXV-listed silver developer focused on the Calico Silver Project in San Bernardino County, California, which combines the Waterloo, Langtry and Mule properties. The June 2025 NI 43-101 resource includes 125 Moz of silver Measured and Indicated at Waterloo (55 Mt at 71 g/t) and 57 Moz Inferred at Langtry (24 Mt at 73 g/t). Barite and zinc are also defined at Waterloo. Apollo raised C$27.5 million in January 2026, including C$12.5 million from Jupiter Asset Management.

No PEA, PFS or DFS has been published. The 2026 program centres on 4,500 m of geotechnical and metallurgical drilling, testwork to lift silver recovery above the historical 65%, and early baseline permitting. Apollo also holds an earn-in interest in the Cinco de Mayo silver-lead-zinc project in Mexico, which is subject to an ejido mining moratorium.

Weakness

List of projects

1. Calico Silver Project (Flagship) — Waterloo, Langtry and Mule properties, San Bernardino County, California, USA; 125 Moz Ag M&I and 57 Moz Ag Inferred; metals: Silver, Zinc, Barite, Gold.
2. Cinco de Mayo Project — earn-in interest (percentage not disclosed), Chihuahua, Mexico, carbonate replacement deposit; metals: Silver, Lead, Zinc.

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