Apollo Receives 2024 Drill Permit for Waterloo Property and Provides Operational Update
Apollo Receives 2024 Drill Permit for Waterloo Property and Provides Operational Update
VANCOUVER, British Columbia, March 19, 2024 (GLOBE NEWSWIRE) -- Apollo Silver Corp. ("Apollo" or the "Company") (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce that it has received its Conditional Temporary Use Permit (the "Drill Permit") from the County of San Bernardino ("the County") authorizing 2024 drilling activities at the Waterloo Silver-Barite Property. Results from the 2024 assay testing program have been received and are being used to define planned barite assaying as part of declaring a maiden barite resource estimate at Waterloo.
不列顛哥倫比亞省溫哥華,2024年3月19日(GLOBE NEWSWIRE)——阿波羅白銀公司(“阿波羅” 或 “公司”)(TSX.V: APGO,OTCQB: APGOF,法蘭克福:6ZF0)欣然宣佈,它已收到聖貝納迪諾縣(“該縣”)頒發的有條件臨時使用許可證(“鑽探許可證”),授權在2024年在該縣進行鑽探活動滑鐵盧銀重晶石地產.2024年化驗測試計劃的結果已經收到,正用於定義計劃中的重晶石檢測,這是在滑鐵盧宣佈首次重晶石資源估算的一部分。
HIGHLIGHTS
亮點
- 2024 Drill Permit for the Waterloo Property received from the County; and
- Barite analysis test program completed. Results will be incorporated into preparation for maiden barite resource estimate at Waterloo.
- 2024 年從該縣獲得的滑鐵盧地產鑽探許可證;以及
- 重晶石分析測試程序已完成。結果將納入滑鐵盧首次重晶石資源估算的準備工作中。
"The receipt of the 2024 Drill Permit ensures we can proceed with future drilling at Waterloo," commented Apollo's President and CEO Tom Peregoodoff. "The County took less than four weeks to issue the latest permit confirming their support for responsible resource development in the County. Results from the barite analysis testing program have enabled us to determine the most efficient and cost effective method for analyzing our drill material for barite. Our extensive pulps cover the entirety of the Waterloo deposit and this will provide us with a very good understanding of the distribution of barite and enable us to include this critical mineral in future resource updates for Calico."
阿波羅總裁兼首席執行官湯姆·佩雷古多夫評論說:“獲得2024年鑽探許可證確保了我們未來可以在滑鐵盧進行鑽探。”“該縣用了不到四周的時間就簽發了最新的許可證,確認了他們對該縣負責任的資源開發的支持。重晶石分析測試計劃的結果使我們能夠確定分析重晶石鑽頭材料的最有效和最具成本效益的方法。我們的大量紙漿覆蓋了滑鐵盧礦牀的整個礦牀,這將使我們對重晶石的分佈有一個很好的了解,並使我們能夠將這種關鍵礦物納入Calico未來的資源更新中。”
BARITE ANALYSIS TEST PROGRAM
As reported on January 24, 2024, the Company began a test program designed to determine the optimal assay technique for barite. Using 79 samples distributed across the Waterloo Property, barite concentration was analysed to determine the best method to assay for barite. Results of this test work have been received and enable, a comprehensive re-assay program of select drilling pulps to be planned, with the goal of updating the Waterloo mineral resource estimate with the addition of barite.
重晶石分析測試程序
據2024年1月24日報道,該公司啓動了一項測試計劃,旨在確定重晶石的最佳分析技術。使用分佈在滑鐵盧地產的79個樣本,對重晶石濃度進行了分析,以確定重晶石的最佳分析方法。這項測試工作的結果已經收到,並得以規劃一項針對特定鑽井漿的全面再分析計劃,目標是通過添加重晶石來更新滑鐵盧礦產資源估算。
In 1979 ASARCO calculated an estimate of barite in the Waterloo deposit. The estimate reported a total of 33.9 million tonnes of mineralized rock in the deposit at a grade of 13.4% barite for a total of 4.5 million tonnes of barite at a grade of 93%. Please refer to Table 1 for the results of and further information of this estimate and results are reported here as documented in original documents. The reader is cautioned not to 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 as a current mineral resource or reserve and therefore the Company is not treating the historical estimate as a current mineral resource or mineral reserve.
1979年,ASARCO計算出了滑鐵盧礦牀中重晶石的估計值。據估計,該礦牀中共有3390萬噸礦化巖,重晶石品位爲13.4%,重晶石共有450萬噸,品位爲93%。請參閱表 1 以了解該估算結果和有關該估算結果的更多信息,如原始文件所示。提醒讀者不要將這一歷史估計值或其任何部分視爲當前的礦產資源或儲量。獨立的合格人員尚未完成足夠的工作來將其歸類爲當前的礦產資源或儲量,因此公司未將歷史估計視爲當前的礦產資源或礦產儲量。
Table 1: ASARCO (1979) Waterloo Historical Silver and Barite Mineral Reserve at 25 g/t Ag cut-off
表 1:ASARCO(1979 年)滑鐵盧歷史銀和重晶石礦產儲量爲 25 g/t Ag 的臨界值
Tonnage | Average Grade | Contained Metal | |||||
Tons (Mst) |
Tonnes (Mt) |
Grade- Silver (g/t) |
Grade- Silver (opt) |
Grade-Barite (%) |
Barite (Mt) |
Silver (Moz) |
Silver (AgEq) (Moz) |
37.2 | 33.9 | 92.9 | 2.71 | 13.4 | 4.5 | 100.9 | 146.5 |
噸位 | 平均成績 | 所含金屬 | |||||
噸 (Mst) |
噸 (公噸) |
等級- 銀 (g/t) |
等級- 銀 (可選) |
重晶石級 (%) |
重晶石 (公噸) |
銀 (莫茲) |
白銀 (AgeQ) (莫茲) |
37.2 | 33.9 | 92.9 | 2.71 | 13.4 | 4.5 | 100.9 | 146.5 |
Reference to the historic reserves at the Waterloo Property prepared by ASARCO refer to an internal company document prepared by ASARCO, dated 1979 (unpublished). Historic reserves are reported here as documented in original documents. The historic reserves were calculated prior to the implementation of the current Canadian Institute of Mining's ("CIM") standards for mineral resource estimation (as defined by the CIM Definition Standard on Mineral Resources and Ore Reserves dated May 10, 2014) as required by NI 43-101 and has no comparable resource classification. The reader is cautioned not to treat them, or any part of them, as current mineral resources or reserves. An independent Qualified Person has not completed sufficient work to classify these estimates as current mineral resources or reserves and therefore the Company is not treating the historical estimate as a current mineral resources or mineral reserves. The reliability of the historical estimate is considered reasonable, reliable, and relevant to be included here in that they demonstrated simply the barite mineral potential of the Waterloo Property. This historic resource estimate for silver has been superseded by the Calico Silver Project current mineral resource estimate, announced March 6, 2023. There is no current resource estimate for barite.
ASARCO編寫的滑鐵盧地產歷史保護區的參考文獻是指 ASARCO 編寫的公司內部文件,日期爲 1979 年(未公佈)。這裏報告了歷史保護區,記錄在原始文件中。歷史儲量是在根據NI 43-101的要求實施加拿大礦業協會(“CIM”)現行礦產資源估算標準(由2014年5月10日的CIM礦產資源和礦石儲量定義標準)之前計算的,沒有可比的資源分類。 提醒讀者不要將它們或其中的任何部分視爲當前的礦產資源或儲量。 獨立的合格人員尚未完成足夠的工作來將這些估算值歸類爲當前的礦產資源或儲量,因此公司沒有將歷史估計值視爲當前的礦產資源或礦產儲量。 歷史估算的可靠性被認爲是合理、可靠的,值得在此列出,因爲它們僅展示了滑鐵盧地產的重晶石礦產潛力。這一歷史性的白銀資源估計已被2023年3月6日公佈的印花布銀項目當前的礦產資源估算所取代。目前沒有重晶石的資源估計。
MANAGEMENT UPDATE
Cathy Fitzgerald, Vice President, Exploration and Resource Development has announced her intention to step down from her role at Apollo effective April 26, 2024. Cathy was instrumental in advancing the Company and positioning Calico as one of the largest undeveloped silver projects in the USA. The board and management wish her all the very best in her future endeavors.
管理更新
勘探與資源開發副總裁凱茜·菲茨傑拉德宣佈,她打算自2024年4月26日起辭去阿波羅的職務。凱茜在推動公司發展和將Calico定位爲美國最大的未開發白銀項目之一方面發揮了重要作用。董事會和管理層祝願她在未來的工作中一切順利。
ABOUT THE CALICO PROJECT
關於印花布項目
Location
The Calico Project (the "Project") is located in San Bernardino County, California and comprises the adjacent Waterloo and Langtry properties which total 2,950 acres. The Project is 15 km (9 miles) from the city of Barstow and has an extensive private gravel road network spanning the property. There is commercial electric power within 5 km (3 miles) of the Project.
地點
印花布項目(“項目”)位於加利福尼亞州聖貝納迪諾縣,包括鄰近的滑鐵盧和蘭特里房產,總面積爲2950英畝。該項目距離巴斯托市15公里(9英里),擁有橫跨該物業的廣泛私人碎石路網絡。該項目 5 千米(3 英里)範圍內有商用電力。
Geology and Mineralization
The Project is situated in the southern Calico Mountains of the Mojave Desert, in the south-western region of the Basin and Range tectonic province. This 15 km (9 mile) long northwest- southeast trending mountain range is dominantly composed of Tertiary (Miocene) volcanics, volcaniclastics, sedimentary rocks and dacitic intrusions. Mineralization at Calico comprises high-level low-sulfidation silver-dominant epithermal vein-type, stockwork-type and disseminated-style associated with northwest-trending faults and fracture zones and mid-Tertiary (~19-17 Ma) volcanic activity. Gold and barite also form a significant component of the mineralized system. Calico represents a district-scale mineral system endowment with approximately 6,000 m (19,685 ft) in mineralized strike length controlled by Apollo. Silver and gold mineralization are oxidized and hosted within the sedimentary Barstow Formation and in contact with the upper volcaniclastic units of the Pickhandle formation. The current mineral resource at Calico comprises 110 million ounces ("Moz") silver ("Ag") classified as Measured and Indicated ("M&I") declared at Waterloo at an average grade of 100 grams per tonne ("g/t") Ag; and 51 Moz Ag classified as Inferred (720,000 oz Ag in the Waterloo deposit at 77 g/t Ag and 50 Moz Ag in the Langtry deposit at 81 g/t Ag) (see news release March 6, 2023).
地質學和礦化
該項目位於莫哈韋沙漠的南卡利科山脈,位於盆地和山脈構造省份的西南部地區。這座長達 15 千米(9 英里)的西北-東南向山脈主要由第三紀(中新世)火山岩、火山碎石、沉積岩和達契巖入侵組成。Calico的礦化包括以銀爲主的高度低硫化礦脈型、堆積型和散佈型,與西北方向的斷層和斷裂帶以及第三紀中期(約19-17 Ma)的火山活動有關。金和重晶石也構成礦化系統的重要組成部分。印花布是一個區域規模的礦產系統,其礦化走向長度約爲6,000米(19,685英尺),由阿波羅控制。銀和金礦化被氧化並存在於沉積的巴斯托組中,並與皮克漢德爾地層的上層火山碎屑單元接觸。Calico目前的礦產資源包括滑鐵盧申報的1.1億盎司(“Moz”)銀(“Ag”)(“M&I”),平均品位爲每噸 100 克(“g/t”)銀;滑鐵盧礦牀中被歸類爲推斷的(720,000 盎司銀),蘭特里礦牀中被歸類爲 “推斷(720,000 盎司銀),蘭特里礦牀中被歸類爲 72 克/噸銀的 50 Moz Ag,81 g/t Ag Ag)(見 2023 年 3 月 6 日的新聞稿)。
QUALIFIED PERSONS
The scientific and technical information contained in this news release was reviewed and approved by Cathy Fitzgerald, M.Sc., P.Geo., Apollo's Vice President, Exploration and Resource Development for the Company. Ms. Fitzgerald is a Qualified Person as defined by the Canadian Securities Administrators National Instrument 43-101 Standards of Disclosure for Minerals Projects. Ms. Fitzgerald is a registered Professional Geoscientist in British Columbia, Canada and is not independent of the Company.
合格人員
本新聞稿中包含的科學和技術信息已由阿波羅公司勘探與資源開發副總裁凱茜·菲茨傑拉德(Cathy Fitzgerald),理學碩士、P.Geo. 審查和批准。根據加拿大證券管理局國家儀器43-101礦產項目披露標準,菲茨傑拉德女士是合格人士。菲茨傑拉德女士是加拿大不列顛哥倫比亞省的註冊專業地球科學家,不獨立於公司。
Please visit for further information.
請訪問 以獲取更多信息。
ON BEHALF OF THE BOARD OF DIRECTORS
代表董事會
Tom Peregoodoff
Chief Executive Officer
湯姆·佩雷古多夫
首席執行官
For further information, please contact:
欲了解更多信息,請聯繫:
Tom Peregoodoff
Chief Executive Officer
Telephone: +1 (604) 428-6128
tomp@apollosilver.com
湯姆·佩雷古多夫
首席執行官
電話:+1 (604) 428-6128
tomp@apollosilver.com
About Apollo Silver Corp.
關於阿波羅白銀公司
Apollo Silver Corp. has assembled an experienced and technically strong leadership team who have joined to advance world class precious metals projects in tier-one jurisdictions. The Company is focused on advancing its the Calico Project, composed of the Waterloo and Langtry silver resources, located in San Bernardino County, California.
Apollo Silver Corp. 組建了一支經驗豐富、技術實力雄厚的領導團隊,他們共同推動了一級司法管轄區的世界級貴金屬項目。該公司專注於推進其位於加利福尼亞州聖貝納迪諾縣的印花布項目,該項目由滑鐵盧和蘭特里白銀資源組成。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所風險投資交易所及其監管服務提供商(該術語在多倫多證券交易所風險投資交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
Cautionary Statement Regarding "Forward-Looking" Information
警告 聲明 關於 “前瞻性” 信息
This news release includes "forward-looking statements" and "forward-looking information" within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the potential of the Calico Project; the potential for identification of gold and barite resources at Calico; the potential to expand the resource estimate and upgrade its confidence level, including prospective mineralization on strike and at depth; geological interpretations; future silver recoveries; timing and execution of future drilling and exploration activities; timing, execution and completion of the re-assay program and the potential to update the Waterloo mineral resource estimate with the addition of barite. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "anticipate", "believe", "plan", "estimate", "expect", "potential", "target", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof.
本新聞稿包括加拿大證券立法所指的 “前瞻性陳述” 和 “前瞻性信息”。除歷史事實陳述外,本新聞稿中包含的所有陳述均爲前瞻性陳述,包括但不限於以下方面的陳述 潛力 印花布項目;在印花布發現黃金和重晶石資源的可能性; 擴大資源估算範圍和提高其可信度的可能性,包括走向和深度礦化前景;地質解釋;未來的白銀回收率;未來鑽探和勘探活動的時間和執行;重新分析計劃的時機、執行和完成,以及添加重晶石來更新滑鐵盧礦產資源估計值的可能性。前瞻性陳述包括預測、預測和預測,通常是,但不是 永遠, 確認的 通過 這 使用 的 單詞 這樣 如同 “預測”, “相信”, “計劃”, “估計”, “期待”, “潛力”, “目標”、“預算” 和 “打算”,關於某一事件或結果 “可能”、“將”、“應該”、“可能” 或 “可能” 發生或實現的聲明,以及其他類似表述,包括其否定內容。
Forward-looking statements are based on the reasonable assumptions, estimates, analysis, and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made. Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company's projections and estimates; realization of mineral resource estimates, interest and exchange rates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in connection with development activities; personnel relations; contests over title to properties; changes in project parameters as plans continue to be refined; and impact of the COVID-19 pandemic. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues. The quantity and grade of reported inferred mineral resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred mineral resources as an indicated or measured mineral resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral resource category. Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the price of silver, gold and barite; the demand for silver, gold and barite; the ability to carry on exploration and development activities; the timely receipt of any required approvals; the ability to obtain qualified personnel, equipment and services in a timely and cost-efficient manner; the ability to operate in a safe, efficient and effective matter; and the regulatory framework regarding environmental matters, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information contained herein, except in accordance with applicable securities laws. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company's expected financial and operational performance and the Company's plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
前瞻性陳述的依據是 合理的假設, 公司管理層根據其經驗和對趨勢、當前狀況和預期發展的看法,以及公司管理層認爲在發表此類聲明之日的情況中具有相關性和合理性的其他因素做出的估計、分析和意見。 前瞻性信息基於公司在發佈此類信息之日做出的合理假設,受已知和未知的風險、不確定性和其他因素的影響,這些因素可能導致公司的實際業績、活動水平、業績或成就與此類前瞻性信息所表達或暗示的結果存在重大差異,包括 但是 不限於:與礦產勘探和開發相關的風險;金屬和礦產價格;資本可用性;公司預測和估計的準確性;礦產資源估算、利息和匯率的實現;競爭;股價波動;鑽探設備和准入的可用性;當前勘探活動的實際結果;政府監管;政治或經濟發展;環境風險;保險風險;資本支出;與之相關的運營或技術困難發展活動; 人事關係; 關於房產所有權的競爭;項目參數的變化 如同 計劃 繼續 到 成爲 精製; 和 影響 的 這 新冠肺炎 大流行的。 這個 估計 的 礦物 資源可能 成爲 物質上 受影響 通過 環境, 允許, 合法, 標題, 稅收, 社會政治, 營銷, 要麼 其他 相關問題。本估算中報告的推斷礦產資源的數量和等級在本質上是不確定的 有 是 不足的 勘探 到 限定 這些 推斷 礦產資源 如同 一個 表明的 要麼 已測量 礦產資源, 而且不確定進一步勘探是否會導致將其升級到指定或可衡量的礦產資源類別.前瞻性陳述基於管理層認爲合理的假設,包括 但是 不 有限的 到 這 價格 的 銀, 黃金 和 重晶石; 這 要求 爲了 銀, 黃金 和 重晶石; 這 能力 開展勘探和開發活動;及時獲得任何必要的批准;及時獲得合格的人員、設備和服務的能力;安全、高效和有效的運作能力;有關環境問題的監管框架,以及此處列出的其他假設和因素。儘管公司試圖確定可能導致實際業績與前瞻性信息中包含的業績存在重大差異的重要因素,但可能還有其他因素會導致業績 不 到 成爲 如同 預期, 估計的 要麼 預期的。 在那裏 能夠 成爲 不 保險 那個 前瞻的 聲明 將證明是準確和實際的結果,未來事件可能與此類聲明中的預期有重大差異。因此,讀者不應過分依賴此處包含的前瞻性信息,除非 在 依照 和 適用的 證券 法律。 這個 前瞻的 信息 包含了 在這方面 是 呈現 對於 目的 的 協助 投資者們 在 理解 這 公司的 預期 金融的 和 經營的 表演 和 公司的 計劃 和 目標 和 可能 不 成爲 適當 爲了 其他 目的。 這個 公司 確實 不 承諾更新任何前瞻性信息,除非適用 證券法。
譯文內容由第三人軟體翻譯。