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Apollo Silver Files N.I. 43-101 Technical Report for the Langtry Silver-Barite Project and Appoints Corporate Secretary

VANCOUVER, British Columbia, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF) is pleas

articleApollo Silver CorpDecember 2, 20214/company/apollo-silver-corp/news/apollo-silver-files-ni-43-101-technical-report-for-the-langtry-silver-barite-project-and-appoints-corporate-secretary
Apollo Silver Files N.I. 43-101 Technical Report for the Langtry Silver-Barite Project and Appoints Corporate Secretary

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[{"type":"text","content":" VANCOUVER, British Columbia, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF) is pleased to announce it has filed on SEDAR an independent technical report (the “Technical Report”) for the Langtry Silver-Barite Project (“Langtry” or the “Langtry Project”), located in San Bernardino County, California. The Technical Report was prepared in accordance with National Instrument 43-101 (“N.I. 43-101”) Standards of Disclosure for Mineral Projects by Global Resource Engineering, of Denver, Colorado. The Technical Report is the first N.I. 43-101 filed for the Langtry Project and provides a comprehensive history of the project. There are no material differences in the Technical Report from the information disclosed in previous Apollo disclosure. The Technical Report can be found under the Company’s profile on SEDAR (www.sedar.com) and on the Company’s website (www.apollosilver.com). Previous Technical Work at the Langtry Project The Langtry and nearby Waterloo projects are Apollo’s cornerstone silver-barite projects located near Barstow, California. At Langtry, an extensive amount of historical technical work has been completed by over a period of 40 years by previous operators Superior Oil and Athena Minerals Corp. Work programs included geological mapping, geochemical sampling, surface trenching and drilling (approximately 20,710 metres (67,946 feet) in 161 drill holes in the database for the Technical Report). A historic resource estimate was completed in 2012 by SRK for Athena Minerals Corp., based on Athena’s 2012 drilling and validated Superior Oil data. The historical resource estimate comprises 12.7 million tons grading 1.48 ounce per tonne for a total of 18.8 million ounces of contained silver in the Indicated category and 30.4 million tons grading 1.40 ounce per tonne for a total of 42.6 million ounces of silver in the Inferred Category as detailed below in Table 1. The reader is cautioned that this resource estimate is historical in nature and the Company is not treating it, or any part of it, as a current mineral resource. See note on historical mineral resources below. Note: Reference to historic resources at Langtry refer to Moran et al, 2012, which was an internal report on the Langtry Silver Project, San Bernardino County, California: prepared for At...

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