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 Moz 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 2023.
Overview of Flagship Project:
The Calico Project, comprising the adjacent Waterloo and Langtry properties, is located in the historic Calico Silver Mining District in the Mojave Desert of San Bernardino County, California. Under Apollo, this is the first time the two properties have been under common ownership. These represent a district-scale mineral system endowment with 2,950 acres under Apollo control with approximately 6,000 metres in mineralized strike length. The Calico Project hosts low-sulfidation epithermal-vein type and disseminated-style silver-barite mineralization, which is open to depth and along strike. Previous operators completed more than 42,000 metres of drilling across 438 holes on the project.
Apollo recently announced a maiden mineral resource estimate for the Calico Project. The mineral resource estimate comprises 166 million ounces of silver contained in 58.1 million tonnes at 89 grams per tonne silver, at an inferred level of confidence.