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Apollo Silver Defines Gold Mineralization over 1,000 metre Strike Length at Calico
VANCOUVER, British Columbia, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is plea
About this update from Apollo Silver Corp
[{"type":"text","content":" VANCOUVER, British Columbia, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to report gold (“Au”) assay results from the Calico Silver Project (“Calico” or the “Project”) located in San Bernardino County, California. Results reported herein are from the remaining five reverse circulation (“RC”) drill holes from Phase 2 of the 2022 Drill Program and new surface sample assay results. All five drill holes intercepted Au above 0.100 g/t Au over significant thicknesses including 91.0 metres (“m”) of 0.390 g/t Au from surface (estimated 88 m true thickness) (W22-RC-080). Surface sampling returned several high-grade results including 211 g/t Au (P715944) and 849 g/t silver (“Ag”) (P715962). Gold mineralization occurs stratigraphically below silver mineralization at Waterloo and extends continuously across more than 1,000 m strike length and up to 400 m width. The gold mineralized horizon remains open along strike. Initial cyanide solubility tests show recoveries ranging from 75% to 95% confirming gold mineralization is oxidized and amendable to simple leaching. Gold mineralization represents a compelling prospect with the latest results providing further support for adding to the metal inventory for the upcoming mineral resource estimate update. New significant gold intercepts include: 0.390 g/t Au over 91.0 m from surface (W22-RC-080), including; 1.715 g/t Au over 1.5 m from 8.5 m down hole; and 1.771 g/t Au over 3.0 m from 41.5 m down hole; and 1.373 g/t Au over 3.0 m from 79.0 m down hole. 0.613 g/t Au over 65.5 m from surface (W22-RC-081), including; 3.62 g/t Au over 1.5 m from 4.0 m down hole, and 1.239 g/t Au over 6.0 m from 47.5 m down hole, and 1.100 g/t Au over 1.5 m from 58.0 m down hole. 0.353 g/t Au over 52.0 m from surface (W22-RC-082), including; 1.204 g/t Au over 4.5 m from 4.0 m depth down hole; and 2.05 g/t Au over 1.5 m from 34.0 m depth down hole. 0.567 g/t Au over 51.0 m from 35.5 m down hole (W22-RC-083), including; 1.673 g/t Au over 10.5 m from 58.0 m depth down hole. Gold intercepts are reported at a 0.100 g/t gold cut-off grade (“COG”) with significantly higher-grade intercepts reported at a 1.00 g/t COG with a maximum of 4.5 m internal dilution and are uncapped. Lengths are down hole lengths and may not represent true width...