Apollo Silver Corp · TSXV:APGO
Apollo Silver — Investor Presentation (October 2024)
29 slides from Apollo Silver's investor presentation, October 2024
Slide 1: Apollo Silver Corp.
Apollo Silver Corp. October 2024 TSX-V: APGO | OTCQB: APGOF | FSE: 6ZF0 1
Slide 2: Cautionary Note: Forward Looking Statements
Cautionary Note: Forward Looking Statements This presentation includes “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of Canadian securities legislation, which reflect the Apollo’s current expectations regarding the futu
Slide 3: Investment Thesis
Investment Thesis Two Significant Large Mineral Corporate Highlights Upcoming Value Projects Located Inventory with Driving Catalysts in Pro-mining Expansion Potential Jurisdictions • The Calico Silver Project • Calico Project- 110Moz Ag • Highly experienced team with • Resource estimate for critica
Slide 4: Capital Structure
Capital Structure Shares issued and outstanding1 174.6M Institutional Shareholders Options (avg. price $0.50/share)1 10.77M Jupiter Investment Management Warrants (avg. price $0.79/share)1 35.27M Commodity Capital AG Market Capitalization1 C$44.94M TSX-V:APGO YTD 90-day daily trading volume2 495K Sh
Slide 5: Leadership Team
Leadership Team Chris Cairns, CPA, CA Rona Sellers, LLB Amandip Singh Isabelle Lepine, M.Sc, CFO VP. Commercial & VP, Corporate Development P.GEO Compliance, Corp. Secretary Director, Mineral Resources Andrew Bowering Interim President, CEO, Chairperson and Director Jocelyn Thompson Steven Thomas Al
Slide 6: Where We Operate
Where We Operate We operate in two mining-friendly jurisdictions with great access to infrastructure Calico Project • Calico Project located in San Bernadino County, CA • One of the largest primary silver deposits in the US. Cinco de Mayo Project • Recently optioned Cinco de Mayo Project in Chihuahu
Slide 7: Creating Value
Creating Value Organic Growth Accretive Acquisitions Discovery • Continued Resource Growth and • Recently announced entering into • Highest priority target is the Pegaso Conversion at Calico Project an option agreement to acquire the Zone at Cinco de Mayo. Cinco de Mayo Project from MAG • Drilling f
Slide 8: Calico Project - Highlights
Calico Project - Highlights Bulk minable Minimal geological Significant growth Vested mining rights deposit with low risk opportunities ease path to strip ratio development Low 1.1:1 strip Near-surface silver Potential to expand Private land with ratio ensures is continuous and silver and gold veste
Slide 9: Calico Silver Project
Calico Silver Project 2,950 acres 6 km mineralized strike ✓ Resources primarily occur within MINERAL private lands TITLE ✓ Both private properties have vested mining rights ✓ 15 km from Barstow and accessible via paved roads LOCATION & ✓ Commercially available electricity INFRASTRUCTURE within 5 km
Slide 10: Silver Resource Estimate
Silver Resource Estimate 90 Moz silver classified as highest confidence resource category 110 Moz silver (M&I) at 100 g/t silver1,2 51 Moz silver (Inferred) at 77 g/t silver1,2 Strip ratio of 1.1:1 1,610 g/t Ag over 1.5 m Key factors that lead to 95% M&I conversion rate: • Near-surface silver minera
Slide 11: Updated Mineral Resource Estimate
Updated Mineral Resource Estimate Waterloo Silver - 95% conversion rate to Measured & Indicated1,2 from Inferred3 February 9, 2022 March 6, 2023 WATERLOO RESOURCE ESTIMATE(1,3) WATERLOO RESOURCE ESTIMATE(1,2) Category Metal Grade Tonnes Strip Ratio Ounces Category Metal Grade Tonnes Strip Ratio Ounc
Slide 12: Barite
C Barite U.S. Critical Mineral at Calico Barite is on the 2022 US Final List of Critical Minerals as it is essential to the economic or national security of the U.S. and is vulnerable to supply chain disruption*. Barite is critical for domestic applications in the energy industry. 2022 Metallurgical
Slide 13: Looking Forward at Calico
Looking Forward at Calico ✓ Expand the oxide gold resource in Burcham area GROW ✓ Define barite distribution ✓ Target high-grade silver at Langtry ✓ Feasibility level drilling focused on open pit ADVANCE design geotechnical information and metallurgical process optimization. DESIGN ✓ Preliminary eng
Slide 14: Cinco De Mayo Project
Cinco De Mayo Project Chihuahua, Mexico TSX-V: APGO, OTCQB: APGOF, FSE: 6ZF0 | 14
Slide 15: CRD's (Carbonate Replacement Deposits)
CRD’s (Carbonate Replacement Deposits) ✓10 to 50 million tons ✓High grades ✓ 5 to 50 oz / T Ag ✓ 3 to 25% Zn ✓ 3 to 25% Pb ✓ 0.2 to 5% Cu ✓ Au, Cd, Ge, In, W, Mo, PGE credits ✓Low mining cost ✓Metallurgically docile B’ ✓Minimal environmental footprint TSX-V: APGO, OTCQB: APGOF, FSE: 6ZF0 | 15
Slide 16: Cinco De Mayo
Cinco De Mayo A textbook CRD deposit • Located along NW-SE trend that hosts the world's largest Carbonate Replacement Deposits • High grade Silver and Base Metal Grades (>350g/t AgEq) • Multiple Mineralization and alteration stages • Favourable rock types and structures • Abundant source of Iron • P
Slide 17: Cinco De Mayo Project History
Cinco De Mayo Project History 2005/2006 2007 2008 2009 2010 2011/2012 2012/2013 MAG Silver Geophysics Jose Manto Pozo Seco Pozo Seco Bridge Zone Project Access Option Discovery Discovery Resource Discovery reduced • Based on CRD Model • Property-wide • 6.87m @ 254 g/t • High Grade Mo-Au • Indicated
Slide 18: Cinco De Mayo Project
Cinco De Mayo Project Resource Expansion and Potential New Discovery TSX-V: APGO, OTCQB: APGOF, FSE: 6ZF0 | 18
Slide 19: Potential New Discovery at Pegaso Zone
Cinco De Mayo Project Potential New Discovery at Pegaso Zone • Highest Priority Target • Pegaso Zone is a potentially significant new discovery • Multiple thick layers of mineralization • Fits expected Carbonate Replacement Zoning Model • Open in all directions TSX-V: APGO, OTCQB: APGOF, FSE: 6ZF0 |
Slide 20: Pozo Seco - High Grade Mo/Au Resource
Cinco De Mayo Project Pozo Seco- High Grade Mo/Au Resource Source: "Ross, D., 2010, Technical Report on the Pozo Seco Mineral Resource Estimate, Cinco de Mayo Project, Chihuahua, Mexico, NI 43-101 Report, September 10, 2010" TSX-V: APGO, OTCQB: APGOF, FSE: 6ZF0 | 20
Slide 21: Historical Resources
Historical Resources *Upper Manto Deposit, September 1, 2012, Mag Silver Corporation Category Tonnage (Mt) Gold (g/t) Silver (g/t) Zinc (%) Lead (%) AgEq (g/t) Gold (oz) Silver (Moz) Zinc (Mlb) Lead (Mlb) Inferred 12.45 0.24 132 6.47 2.86 385 96,000 52.7 1,777 785 The Upper Manto Histor ical Mineral
Slide 22: Unlocking Value at Cinco de Mayo
Potential Discovery and Unlocking Value at Increased Silver Resource 4 Cinco de Mayo Validate potential discovery at Pegaso, update mineral resource estimate incorporating all previous and current drilling 2 Desktop Studies Data Compilation, update geological and resource models, finalize exploratio
Slide 23: Thank You
Thank You To subscribe to our email list, visit: 710-1030 West Georgia Street www.apollosilver.com Vancouver, BC V6E 2Y3 Tel: (604) 428-6128 Email: info@apollosilver.com Twitter (@corp_apollo) | LinkedIn TSX-V: APGO | OTCQB: APGOF | FSE: 6ZF0
Slide 24: Appendix
Appendix Silver Corp.
Slide 25: Cautionary Note: Information Concerning Resource Statements
Cautionary Note: Information Concerning Resource Statements Cautionary Note for Mineral Resource Estimates The Calico Silver Project 2023 Mineral Resource Estimate (“2023 MRE”) has been prepared by Derek Loveday, P. Geo., of Stantec Consulting Services Ltd. (“Stantec”), an independent Qualified pers
Slide 26: Consolidated Resources
Consolidated Resources Consolidated Resources Category Tonnes (Mt) Silver (g/t) Gold (g/t) Zinc (%) Lead (%) AgEq (g/t) AgEq (Moz) Gold (oz) Silver (Moz) Zinc (Mlbs) Lead (Mlbs) *Cinco De Mayo Project Inferred 12.45 132.00 0.24 6.47 2.86 385.00 154.00 96,000.00 52.70 1,777.00 785.00 Waterloo Project
Slide 27: Consolidated Resources
Consolidated Resources *-The reader is cautioned a portion of the resources included are historical in nature and should not treat this historical estimate or any part of it as a current mineral resource or reserve. An independent Qualified Person has not completed sufficient work to classify this a
Slide 28: Cinco De Mayo Project - Transaction Considerations
Cinco De Mayo Project Transaction Considerations ➢ Gain access to property, through the Social License establishment of contracts and social license with the local community stakeholders ➢ Plan and execute comprehensive exploration program Work ➢ Assume all property holding costs Commitment upon sig
Slide 29: Historical Metallurgical Test Works
Cinco De Mayo Project Historical Metallurgical Test Works Summary of Historical Work Key Takeaways From Historical Work ➢ Basic preliminary metallurgical work ➢ Promising Metal recoveries completed between 2010 and 2014 ➢ Jose Mantos (1): ➢ Jose Mantos: • Galena and sphalerite liberations are • Mine