Apollo Silver Seeks Community Approval for Mexican Mining Project

Apollo Silver Corp. (TSX.V: APGO, OTCQB: APGOF, Frankfurt: 6ZF) is making significant strides in community relations at its Cinco de Mayo Project in Chihuahua, Mexico, engaging in productive talks with the Ejido Benito Juárez, the Municipality of Buenaventura, and other local leaders. The primary goal is to lift a property access ban imposed in November 2012 and establish a long-term access agreement that would unlock the project's exploration and development potential. This agreement promises substantial economic benefits for the Ejido, including approximately US$50 million in predictable annual payments over a 30-year framework, preferential employment opportunities for local community members, and commitments to environmental protection and responsible water management. For more information, visit www.apollosilver.com.

The company is distributing informational materials outlining a collaborative long-term plan that emphasizes shared benefits from continued exploration and potential future mining operations. These materials highlight Apollo's commitment to maximizing local participation through hiring based on skills, prioritizing local suppliers for goods and services, and implementing strict environmental safeguards. Key environmental commitments include detailed hydrogeological studies to protect community wells and natural springs, continuous water quality monitoring, compliance with federal regulations from agencies like SEMARNAT, CONAGUA, and PROFEPA, and comprehensive land restoration programs at the project's end-of-life. These efforts align with renewed interest in responsible mining exploration promoted by Mexican government authorities at all levels.

Cinco de Mayo represents one of North America's premier carbonate replacement deposit (CRD) projects, covering approximately 25,000 hectares in northern Chihuahua. The project hosts the Upper Manto Pb-Zn-Ag (Au) deposit and a potential new discovery called the Pegaso Zone, which Apollo's technical team considers a high-priority target that could indicate larger, higher-grade resources at depth. While the company advances this Mexican asset, it also maintains its primary focus on developing the Calico silver project in the United States. The community engagement phase is expected to continue into early 2026, when Apollo hopes the Ejido will hold a general assembly to vote on rescinding the access ban and approving the long-term agreement, marking a critical milestone for the project's future.