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Home Business & Finance Investment & Stocks

APGOF) Expands Calico Challenge Land Package deal by over 285%

swissnewspaper by swissnewspaper
21 May 2025
Reading Time: 10 mins read
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APGOF) Expands Calico Challenge Land Package deal by over 285%


VANCOUVER, British Columbia – Might 20, 2025 (Investorideas.com Newswire) Apollo Silver Corp. (“Apollo” or the “Firm”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is happy to announce it has acquired 2,215 hectares (“ha”) of extremely potential claims contiguous to its Waterloo property at its Calico Silver Challenge (“Calico” or “Calico Challenge”). The newly acquired claims herein known as the Mule claims comprise 415 lode mining claims, and have been acquired from LAC Exploration LLC (“LAC”), a wholly-owned subsidiary of Lithium Americas Corp. (TSX: LAC; NYSE: LAC), who had been the earlier operators of the property. Preliminary mapping and sampling performed by the prior operator of the Mule claims recognized a number of high-grade silver targets, which shall be evaluated as a part of Apollo’s future exploration planning.

As well as, a mapping and sampling program was not too long ago accomplished on the Burcham gold prospect space within the southwest area of the Waterloo property (see information launch dated February 12, 2025). This program confirmed the significance of the Calico fault system with respect to controls on the silver (“Ag)” and gold (“Au”) mineralization within the space and has recognized the potential for copper (“Cu”), zinc (“Zn”) and lead (“Pb”) mineralization related to stratabound and mantos lenses.

Highlights:

  • Mule claims broaden the Calico Challenge land bundle by over 285%, from 1,194 ha to three,409 ha of contiguous claims.

    • Mule claims pattern alongside the mineralized Calico Fault System liable for mineralization seen at Calico.

    • Reviews from the prior operator point out that there are a number of strongly anomalous silver values on the property, which Apollo will try and ground-truth within the coming exploration packages.

    • Sampling executed throughout the Mule claims by earlier operator has recognized a big Ag anomaly related to the identical suite of host rocks on the Waterloo property.

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      Tags: APGOFCalicoExpandsLandPackagePROJECT
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