Announcement Date: 2022-07-26
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Apollo Silver Corp.
Project name: Calico
Location: United States
Commodities: Gold,Silver
Highlight: Drilling results incl. 76.5m @ 137g/t Ag, from 16.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia, July 26, 2022 – Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to report new assay results from the 2022 Drill Program at the Calico Silver Project’s Waterloo Property (“Calico” or the “Project”) located in San Bernardino County, California. Silver assay results continue to be consistent with the silver grades in the resource block model, illustrating the predictable nature of the silver (“Ag”) mineralization. Additionally, gold assay results continue to expand the gold (“Au”) mineralized horizon. Results below are reported for 11 reverse circulation (“RC”) drill holes which were drilled between early May to mid-June 2022 and bring the results released to market for this portion of the drill program to a total of 21 holes (2,281.50 m), of 44 holes completed to date (5,021.0 m). Drilling is part of the multi-component 2022 Calico Technical Program, which aims to upgrade and expand the previously announced maiden Inferred Mineral Resource Estimate (“MRE”) of 166 million ounces (“Moz”) of silver contained in 58.1 million tonnes (“Mt”) at an average grade of 89 grams per tonne (“g/t”) (see news release dated February 9, 2022)
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