- Apollo Silver (APGO) has filed the independent technical report for its Calico Silver project in California
- 110 million ounces silver classified as Measured and Indicated declared at Waterloo with an average grade of 100 grams per tonne silver
- The project is located in San Bernardino County, California and comprises the adjacent Waterloo and Langtry properties totalling 11.93 sq. km.
- Apollo Silver Corp. (APGO) opened trading at $0.18
Apollo Silver (APGO) has filed the independent technical report for its Calico Silver project in California.
The technical report was prepared in accordance with National Instrument 43-101 standards of disclosure for mineral projects by Stantec Consulting Ltd.
Highlights:
- 110 million ounces (Moz) silver classified as Measured and Indicated (M&I) declared at Waterloo with an average grade of 100 grams per tonne (g/t) silver:
- 81 per cent (90 Moz) classified as Measured at 103 g/t silver
- 95 per cent of Inferred silver ounces have been converted to M&I
- 51 Moz silver classified as Inferred:
- 720,000 oz silver at Waterloo Property
- 50 Moz silver at Langtry Property
- 70,000 oz Inferred oxide gold ounces added to metal inventory at Waterloo
- Conservative base-case estimate uses 50 g/t silver cutoff grade
- Low strip ratio of 1.1:1 for Waterloo silver resource
- Significant growth opportunities remain
The project is located in San Bernardino County, California and comprises the adjacent Waterloo and Langtry properties totalling 11.93 sq. km.
The project is 15 km from the city of Barstow and has an extensive private gravel road network spanning the property.
There is commercial electric power within 5 km of the project.
Apollo Silver Corp. (APGO) focuses on advancing its portfolio of two significant silver exploration and resource development projects, the Calico silver project in San Bernardino, California, and the Silver District project in Arizona.
Apollo Silver Corp. (APGO) opened trading at $0.18.