VANCOUVER, British Columbia, November 06, 2025 (GLOBE NEWSWIRE) — Apollo Silver Corp. (“Apollo Silver” or “Company” (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF) is pleased to announce that the U.S. Department of the Interior has added 10 minerals, including silver, to the U.S. Geological Survey (USGS) Critical Minerals List for 2025. For the first time, silver is recognized as having growing importance to the U.S. economy and national security. This inclusion represents an increased government focus on securing domestic supply chains through expanded permitting, subsidies and strategic reserves. initiatives.
“Apollo Silver applauds the U.S. government's efforts to strengthen domestic silver production by listing silver on the U.S. Geological Survey's list of critical minerals,” said Ross McElroy, President and CEO of Apollo Silver. “This project will not only bring increased investor attention to the sector, but will also help raise Apollo's profile for its Calico Silver project, which hosts the second largest primary silver deposit in the United States. Silver's inclusion on the Critical Minerals List strengthens the case for the project to be considered under the Fast-41 program, a US government initiative aimed at streamlining permitting processes for critical and resource projects. With the US importing 64% of its silver consumption in 2024, this designation highlights the strategic value and indispensable role of silver in both industrial and defense applications.”
Apollo Silver's Calico Project, located in San Bernardino County, California, recently announced an updated Mineral Resource Estimate (“MRE”), estimating aggregate measured and inferred reserves of 55 million tonnes (“Mt”) at 71 grams per tonne (“g/t”) for a total of 125 million ounces (“Ounces”) of silver (“Ag”) and an inferred total quantity of 17.6 Mt at grading 71 g/t. Ag totaling 58 Moz Ag (see Apollo press release dated September 4, 2025 and October 16, 2025).
About Critical Minerals
The Energy Act of 2020 defined critical minerals as commodities that are essential to the economic or national security of the United States; have a supply chain that is vulnerable to disruption; and perform an essential function in the production of a product, the absence of which would have serious consequences for the economic or national security of the United States.1
Qualified Person
The scientific and technical information contained in this press release has been reviewed and approved by Isabelle Lepine, MS, Professor of Geology, Director of Mineral Resources, Apollo Silver. Ms. Lepine is a registered professional geologist in British Columbia and a QP as defined by NI 43-101 and is not independent of the Company.
ABOUT APOLLO SILVER CORP.
Apollo Silver is advancing the second largest undeveloped primary silver project in the United States. The Calico Project includes a large, large-scale silver deposit with significant reserves of barite and zinc, recognized as critical minerals needed by the U.S. energy, industrial and medical sectors. The Company also holds an option on the Cinco de Mayo Project in Chihuahua, Mexico, which hosts a large high-grade, high-tonnage carbonate replacement deposit (CRD). Led by an experienced and award-winning management team, Apollo Silver is well positioned to advance assets and create value through exploration and development.
Please visit www.apollosilver.com for more information.
ON BEHALF OF THE BOARD OF DIRECTORS
Ross McElroy
President and CEO
For more information contact:
E-mail: [email protected]
Phone: +1 (604) 428-6128
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
1 https://www.usgs.gov/programs/mineral-resources-program/science/about-2025-list-critical-minerals
