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Exploration|Gold|Mining|PROJECT|Projects
Exploration|Gold|Mining|PROJECT|Projects
exploration|gold|mining|project|projects

Apollo Silver to option Cinco de Mayo project

23rd September 2024

By: Creamer Media Reporter

     

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TSX-V-listed Apollo Silver has announced an exploration, earn-in and option agreement with fellow-listed MAG silver to acquire the Cinco de Mayo project, in Mexico.

Chairperson and interim CEO Andrew Bowering says the addition of Cinco de Mayo marks the beginning of the company’s transformation.

“We have successfully mitigated single asset risk by now boasting a portfolio of two exciting projects in two pro-mining jurisdictions,” he says.

Cinco de Mayo comprises 29 concessions totalling 25 000 ha and is located in the north-central part of Chihuahua state.

The project is prospective for and hosts carbonate-replacement-type deposits, including the Upper Manto lead/zinc/gold/silver deposit.

Apollo also owns the Calico project, in California, US.

Edited by Creamer Media Reporter

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