Apollo Silver (APGO) - Drilling Starts & California Update

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Matthew Gordon spoke with Tom Peregoodoff the President and CEO of Apollo Silver Corp. (TSX-V:APGO) to discuss the company’s recent activities.

Our previous interview: https://youtu.be/aAXFCdTP2yE

Apollo Silver Corp. is a silver exploration and development company focused on its assets in the United States. The Calico silver project of the company is the third-largest undeveloped silver resource in the United States and is located in San Bernardino County, California. The Arizona Silver District Project of the company is a district-scale mineralisation system with a land package of over 2,000 acres.

The recent withdrawal of K2 Gold Corporation from California has various investors curious regarding the commitment of the US to the expansion of its mineral sector. The company believes that the US remains highly investable and committed to its mineral sector, with the deciding factors to take into account when investing in a US-based operation being the state and county in which it operates.

The company plans on conducting 15,000 m of exploration drilling in the coming year which will form part of its Calico technical program. The exploration drilling program will consist of approximately 10,000 m of RC drilling and 5,000 m of diamond drilling. The planned exploration program is aimed at upgrading the confidence level of the project’s mineral resource estimate of 166 Moz of silver. The company plans on upgrading the confidence level of the mineral resource estimate through the attainment of geotechnical, geochemical and lithological information as well as expanding the metal inventory through the exploration of various targets including high-grade bonanza mineralisation deposits. The Technical Program is envisioned to also include metallurgical and historic sample testing, with details to be announced at a later stage.

Apollo Silver Ltd. also plans on identifying targets at its Arizona Silver District Project the coming year, with drilling expecting to commence in early 2023.

0:00 - Company Overview
0:25 - Current Update in Drilling
1:08 - Continuing the Californian Operations despite Peers pulling out
3:39 - Engagements at the County Level
5:18 - Engaging with the Bureau of Land Management5:55 - Update on the Arizona Project
6:47 - 2022 Expectations for Arizona Project
7:23 - Outro

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