- Apollo Silver Corp. (TSXV: APGO) (OTCQB: APGOF) has appointed Ross McElroy as President and CEO, renowned for the $1.14 billion Fission Uranium deal.
- Apollo has expanded its Calico Project's land package by 285% to 3,409 hectares.
- The company holds $11 million in cash as of June 2025 to advance its silver projects.
Apollo Silver Corp. (TSXV: APGO) (OTCQB: APGOF) has made significant strides in its strategic development with the appointment of Ross McElroy as President and CEO. McElroy, known for his previous $1.14 billion deal with Fission Uranium, brings over 38 years of expertise in the mining sector.
A key development for Apollo Silver is the expansion of its Calico Project in California. The company has increased its Calico land package by 285%, bringing the total area to 3,409 hectares through the acquisition of the Mule claims from Lithium Americas Corp. This expansion is a crucial step towards enhancing the project’s potential.
The Calico Project, a primary silver deposit located in San Bernardino County, boasts 110 million ounces of silver in Measured and Indicated resources. Apollo's latest mineral resource estimates show a significant potential for further discoveries, with large reserves of silver, gold, and other base metals including zinc and copper.
Apollo Silver is currently well-funded, with $11 million in cash as of June 2025, which supports the advancement of its projects. The company’s leadership, including Chairman Andy Bowering, has been involved in mergers and acquisitions worth over $5 billion, underscoring their capability to enhance shareholder value.
In addition to the Calico Project, Apollo owns the Cinco de Mayo Project in Chihuahua, Mexico, which further strengthens its portfolio of silver exploration and resource development. With McElroy's leadership and the recent expansion, Apollo Silver Corp. continues to position itself as a key player in the silver mining sector.
