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Vancouver, British Columbia–(Newsfile Corp. – April 22, 2026) – West Point Gold Corporation (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) (“West Point Gold” or the “Company“) is pleased to announce positive results from a Phase 2 metallurgical testing program completed by Kappes, Cassiday & Associates (“KCA”) for the Tyro Main Zone at the Company’s Gold Chain Project located in Arizona. Recoveries on average ranged from 87% to 92% for milled material, 39% to 68% for HPGR Crushed material and 39% to 69% for conventionally crushed material. Results confirm that gold from the Tyro Main Zone should be recoverable by conventional means (heap leach or mill) and that further optimization has the potential to improve recoveries with both potential processing methods.

Highlights

• Gold recoveries up to 92% from material milled to 0.075mm.
• Gold recoveries up to 69% from material crushed to 1.7mm.
• Testing reported modest sodium cyanide and lime consumption.
• Results continue to demonstrate that crush or grind size is key to improving recovery.
• Low correlation between grade and recovery.
• Recoveries were similar across all zones.
• Results suggest that further optimization work on residence time and grind size could improve recoveries.

“These metallurgical results represent another important milestone for Gold Chain as we continue to demonstrate that gold can be recovered by heap leaching or conventional milling from the Tyro Main Zone. These results continue to suggest that there are multiple processing paths, and we plan to continue testing them to optimize the project. The combination of good gold recoveries, favourable reagent consumption, and multiple potential processing paths, supports our view that Gold Chain could host a scalable, low-cost gold project in one of the best mining jurisdictions in the world,” stated Derek Macpherson, President and CEO.

Summary of Results
Gold extractions for the 0.075mm milled bottle rolls ranged from 87% to 92% after 96 hours of leaching, based on calculated heads ranging from 0.511 to 8.643 g/t Au. Silver extractions ranged from 55% to 83% based on calculated head grades ranging from 1.43 to 36.99 g/t Ag. The sodium cyanide consumptions ranged from 0.52 to 2.59 kg/t. Hydrated lime additions ranged from 0.50 to 0.65 kg/t.

Gold extractions for the 6.3mm HPGR crushed bottle rolls ranged from 39% to 68% after 168 hours of leaching, based on calculated heads ranging from 0.543 to 7.938 g/t Au. Silver extractions ranged from 27% to 68% based on calculated head grades ranging from 1.05 to 39.99 g/t Ag. The sodium cyanide consumptions ranged from 0.04 to 0.07 kg/t. Hydrated lime additions ranged from 0.50 to 1.25 kg/t.

Gold extractions for the 1.7mm conventionally crushed bottle rolls ranged from 39% to 69% after 96 hours of leaching, based on calculated heads ranging from 0.548 to 8.517 g/t Au. Silver extractions ranged from 27% to 67% based on calculated head grades ranging from 1.54 to 34.73 g/t Ag. The sodium cyanide consumptions ranged from 0.03 to 0.13 kg/t. Hydrated lime additions ranged from 0.50 to 1.00 kg/t.

Gold extractions for the 6.3mm conventionally crushed bottle rolls ranged from 25% to 63% after 168 hours of leaching, based on calculated heads ranging from 0.438 to 9.290 g/t Au. Silver extractions ranged from 15% to 62% based on calculated head grades ranging from 0.98 to 37.22 g/t Ag. The sodium cyanide consumptions ranged from 0.04 to 0.10 kg/t. Hydrated lime additions ranged from 0.50 to 1.00 kg/t

Gold extractions for the 12.5mm conventionally crushed bottle rolls ranged from 16% to 50% after 168 hours of leaching, based on calculated heads ranging from 0.458 to 10.034 g/t Au. Silver extractions ranged from 10% to 63% based on calculated head grades ranging from 1.51 to 44.96 g/t Ag. The sodium cyanide consumptions ranged from 0.01 to 0.07 kilograms per metric tonne. Hydrated lime additions ranged from 0.50 to 1.00 kilograms per metric tonne.

Program Details
KCA evaluated twelve representative samples from multiple areas across both the Tyro Main and Northeast Tyro zones, including Trench 1, T9, T10, T15, Vein Outcrop and Tyro 200 level. Sampling was designed to test a range of gold grades.

Each sample was prepared individually for head analyses and leach testing. Coarse bottle roll leach tests were conducted utilizing conventionally crushed material to 100% passing 12.5mm, 6.3mm, 1.70mm, and HPGR crushed material to 100% passing 6.3mm. Duplicate bottle roll leach tests were completed on the lower grade samples at the 12.5mm and 6.3mm crush sizes. Additionally, milled bottle roll leach tests were conducted.

Conventionally crushed and HPGR crushed coarse bottle roll leach tests, as well as fine milled cyanide bottle roll leach tests were completed on each of the twelve (12) individual samples.

Equity Catalyst Partners, LLC Marketing Engagement
West Point Gold has engaged Equity Catalyst Partners, LLC (“ECP”), an arm’s-length service provider, to provide the Company certain investor relations and marketing services, in accordance with the policies of the TSX Venture Exchange and applicable securities laws. Based in Washington, DC, USA, ECP specializes in media and investor relations services, within the natural resource sector. Under a consulting agreement dated April 10, 2026, ECP will provide media relations, investor communication and market awareness services to the Company for a six-month term for a one-time fee of US$45,000, payable at the commencement of services. The Company will not issue any securities to ECP as compensation for its services. As of the date hereof, to the Company’s knowledge, ECP (including its directors and officers) does not own any securities of the Company. The marketing agreement with ECP is subject to TSX Venture Exchange approval.

Qualified Person
Robert Johansing, M.Sc. Econ. Geol., P. Geo., the Company’s Vice President, Exploration, is a qualified person (“QP”) as defined by NI 43-101 and has reviewed and approved the technical content of this press release.

About West Point Gold Corp.
West Point Gold is an exploration and development company focused on unlocking value across four strategically located projects along the prolific Walker Lane Trend in Nevada and Arizona, USA, providing shareholders with exposure to multiple discovery opportunities across one of North America’s most productive gold regions. The Company’s near-term priority is advancing its flagship Gold Chain Project in Arizona.

For further information regarding this press release, please contact:
Aaron Paterson, Corporate Communications Manager
Phone: +1 (778) 358-6173
Email: info@westpointgold.com

Stay Connected with Us:
LinkedIn: linkedin.com/company/west-point-gold
X (Twitter): @westpointgoldUS
Facebook: facebook.com/Westpointgold/
Website: westpointgold.com/

FORWARD-LOOKING STATEMENTS:
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. Forward-looking statements in this press release include statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events including, among others, assumptions about future prices of gold, silver, and other metal prices, currency exchange rates and interest rates, favourable operating conditions, political stability, obtaining government approvals and financing on time, obtaining renewals for existing licenses and permits and obtaining required licenses and permits, labour stability, stability in market conditions, availability of equipment, availability of drill rigs, and anticipated costs and expenditures. The Company cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the Company’s control. Such factors include, among other things: risks and uncertainties relating to West Point Gold’s ability to complete any payments or expenditures required under the Company’s various option agreements for its projects; and other risks and uncertainties relating to the actual results of current exploration activities, the uncertainties related to resources estimates; the uncertainty of estimates and projections in relation to production, costs and expenses; risks relating to grade and continuity of mineral deposits; the uncertainties involved in interpreting drill results and other exploration data; the potential for delays in exploration or development activities; uncertainty related to the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results may vary from those expected; statements about expected results of operations, royalties, cash flows, financial position may not be consistent with the Company’s expectations due to accidents, equipment breakdowns, title and permitting matters, labour disputes or other unanticipated difficulties with or interruptions in operations, fluctuating metal prices, unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and regulatory restrictions, including environmental regulatory restrictions. The possibility that future exploration, development or mining results will not be consistent with adjacent properties and the Company’s expectations; operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather); metal price fluctuations; environmental and regulatory requirements; availability of permits, failure to convert estimated mineral resources to reserves; the inability to complete a feasibility study which recommends a production decision; the preliminary nature of metallurgical test results; fluctuating gold prices; possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, political risks, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks involved in the mineral exploration and development industry, and those risks set out in the filings on SEDAR made by the Company with securities regulators. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this corporate press release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, other than as required by applicable securities legislation.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293714

Vancouver, British Columbia–(Newsfile Corp. – April 9, 2026) – West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) (“West Point Gold” or the “Company”) is pleased to announce initial drill results from its Sheep Trail and South Tyro targets. Shallow gold mineralization was intersected at the Sheep Trail target, which is located about 600 metres (“m”) south of the Tyro Main Zone, at the Company’s Gold Chain Project in Arizona. The initial results across the upper portions of the Sheep Trail target are consistent with historical mining activities and surface sampling, which suggests that the Sheep Trail mine area likely represents a third area where a resource could be defined at the Gold Chain Project. The Sheep Trail and South Tyro targets are two of several gold targets tested in early 2026. This press release includes drill results from 4,517m; to date, 15,173m of the ongoing 20,000m drill program at the Gold Chain project have been completed. Results are pending from 32 holes or 5,859m from the Tyro Main and NE zones, Black Dyke, and Bull 8 targets.

Highlights:

• Sheep Trail is defined by a strike length greater than 1km and hosts between 1 and 3 zones of gold-bearing quartz veinlets and breccia in a rhyolite dike complex.
• Hole GC26-106 intersected 32.0m of 1.05 grams per tonne (“g/t”) gold (“Au”) starting 9.1m from surface.
• In the same zone, Hole GC26-105 intersected 15.3m of 1.24 g/t Au from 19.8m, including a historical stope (no sample) from 19.8 to 21.3m.
• Hole GC26-111 intersected 19.8m of 1.42 g/t Au from 51.8m.
• Hole GC26-113 intersected 7.6m of 2.41 g/t Au from 61.0m.
• The South Tyro target was tested, intersecting broad zones of quartz veining and associated alteration with anomalous arsenic and antimony values, suggesting mineralization may be deeper than tested.
• The Company currently has 3 rigs operating at Gold Chain, with one core rig and two RC rigs focused on expanding the NE Tyro and the Main Tyro zones to depth.

“Sheep Trail has delivered meaningful grades over a strike length exceeding one kilometre at shallow depths, confirming it as a third potential resource area at Gold Chain. Results like these underscore the district-scale opportunity that West Point Gold is defining at Gold Chain. Separately, current drilling is focused on expanding the Tyro Main Zone, particularly the high-grade northeast Tyro Zone to depth and along strike. Step-out success at multiple targets, along with continued success at Tyro, suggests that it remains early days in defining the full potential of Gold Chain,” stated Derek Macpherson, President and CEO.

Table 1: Drill Results

Note: All widths shown are downhole; true widths are greater than 60% of downhole widths.

Figure 1: Plan view of the Gold Chain project showing geology, historical mines and/or current prospects. Note the location of the Sheep Trail target.

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https://images.newsfilecorp.com/files/5717/291703_a4c03a71f4dc29c8_002full.jpg

Figure 2A. Geologic map of the western Sheep Trail target showing drill holes and surface samples. 

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https://images.newsfilecorp.com/files/5717/291703_a4c03a71f4dc29c8_003full.jpg

Figure 2B. Geologic map of the eastern Sheep Trail target showing drill holes and surface samples. 

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https://images.newsfilecorp.com/files/5717/291703_a4c03a71f4dc29c8_004full.jpg

Sheep Trail Drilling Summary
Several RC holes were drilled across accessible portions of the Sheep Trail target in areas where historical mine workings are widely scattered (see Figure 2A and 2B). These holes include GC26-103, GC26-105, GC26-106 and GC26-108 across the western extent of the mineralized zone (Figure 2A) and holes GC26-111, GC26-112 and GC26-113 further to the east (Figure 2B) and across what is referred to as the ‘Golden Elbow’ (Figure 2B). The target zone is shallow and within 60m of the surface; a couple of holes were extended deeper to test the possibility of additional veins in the Precambrian granite. To date, all gold mineralization is contained within the major rhyolite dike complex or at the contact with the Precambrian basement (Sheep Trail ledge).

Additionally, five (5) holes were drilled across the down-dip extension of the Sheep Trail ledge about 200m to the south of the above-noted holes (Figure 2A). All holes encountered extensive zones of quartz veinlets hosted in silicified rhyolite but did not contain gold values greater than 0.07 g/t Au. A description of these holes is provided in Table 4. Additional work is likely required to better understand the relationship between these holes and the ones drilled at upper Sheep Trail.

The results of the upper Sheep Trail drilling are provided in Table 1 and discussed below. Both areas drilled reveal intervals of up to 30m of multistage quartz veinlets, veins, and breccia in the rhyolite dike. This dike, which has been mapped over a strike of several kilometres, dips moderately to the south-southwest at 50 to 60 degrees and locally forms a dip-slope across which historical prospecting occurred. Mapping and sampling conducted by West Point Gold have identified widespread veins and breccia masses with values reported (3.7m at 19.52 g/t Au).

Figure 3. Geologic section across the Sheep Trail Ledge along Holes GC26-105, GC26-106 and GC26-108, revealing a horizon in the south-dipping dike, which has been preferentially fractured and cemented by multiple stages of quartz and calcite.

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Sheep Trail Geology
Gold mineralization at the Sheep Trail mine and adjacent areas (i.e. Boulevard mine) is mostly hosted in a Miocene rhyolite dike complex near contacts with the hosting Precambrian granite or along internal structures associated with faulted slivers of the Precambrian rocks. The primary structural corridor here is the Sheep Trail Ledge (fault zone), with elevated gold values concentrated where it is intersected by NE-trending structures, i.e., the Tyro vein/fault system. Figures 2A and 2B show the Sheep Trail ledge in the study area where the upper Sheep Trail mine is hosted in a nearly east-west trending dike (holes GC26-103, GC26-105, GC26-106 and GC26-108; Figure 2A) immediately southeast of the NE-trending East Tyro structure. The Sheep Trail ledge extends to the east, where it bends southward to the SE, where holes GC26-111, GC26-112 and GC26-113 (Figure 2B) were drilled. The bend in the dike is locally referred to as the Golden Elbow due to the location of numerous prospects and elevated gold values.

Mineralization in the holes drilled to date at Sheep Trail occurs as narrow (<5mm) white quartz veinlets over much of the dike complex. Within this envelope of generally barren, white quartz veinlets is a later quartz stage defined by lime green quartz-chalcedony veinlets, stockwork and breccia (Figure 4), which hosted high grades (up to 5 ounces per ton Au) in the historical Sheep Trail mine. Additional quartz events include white-to-gray sucrosic quartz veins and breccia with low gold values.

Figure 4. Photograph of green, sucrosic quartz stockwork/breccia cutting rhyolite; sample #0203 – 14 g/t Au, Sheep Trail mine area.

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Project History
The Sheep Trail mine was discovered in 1865 by Jack Mellen, a steamboat captain running on the Colorado River. The mine was later acquired by the New Comstock Mining Company, which improved the property, installed a 20-stamp mill at the river, and milled about 2,000 tons of ore. In 1909, the Sheep Trail mine was developed to a depth of 130 feet by drifts, tunnels and shafts with over 5,000 feet of underground development; the lower tunnel (Figure 3) is about 230 metres long. The Sheep Trail ‘vein’ system or ‘ledge’ has invaded a nearly east-west ridge composed of a fine-grained rhyolite dike complex up to 400m wide, emplaced into the Precambrian granite. Schrader (1909) states, “The vein (and dike) dips about 60° S. The ore consists mostly of quartz and hematite (limonite) gangue and is reported to be rich.”

Lausen (1931) states that mineralization consists of a number of small quartz stringers over a width of three to seven feet. This quartz is not all mineralized, and only certain portions of the vein stained with iron oxides were mined. Much of the quartz is fine-grained, and some of it shows a platy structure (lattice texture). The average width of the stopes was four feet. The best mineralization was found where manganese oxide occurred in the porous quartz, and such mineralization would carry up to 5 oz/ton Au. The best mineralization was found at the water table or at a short distance below it. Lausen (1931) concluded that this occurrence strongly suggests secondary enrichment of the gold. In the lower parts of the mine, the mineralization was too low-grade to be mined at a profit at that time.

Table 2: Drill hole locations and descriptions – Upper Sheep Trail Zone

Table 3: Drill hole locations and descriptions – Lower Sheep Trail Zone

South Tyro Vein System
A total of 9 (nine) RC holes were drilled across the South Tyro vein system with a total of 2,477 metres. Extensive zones of silicification and illite-pyrite (limonite) alteration were traversed and hosted broad intervals of quartz veinlets; no significant gold values were encountered. Low-level (< 0.066g/t Au) values and anomalous arsenic-antimony values were identified over the entire vertical span of the drilling. Results suggest that gold deposition occurred at greater depths and may reflect intra- and post-mineral movement along several important faults that cross the Katherine District. West Point Gold is awaiting additional detailed geochemical results, analysis of the recently completed gravity survey and plans to incorporate the recently completed structural geology study into the design of the next phase of drilling at South Tyro.

Table 4. Drill hole locations and descriptions – South Tyro Zone

Qualified Person
Robert Johansing, M.Sc. Econ. Geol., P. Geo., the Company’s Vice President, Exploration, is a qualified person (“QP”) as defined by NI 43-101 and has reviewed and approved the technical content of this press release. Mr. Johansing has also been responsible for overseeing all phases of the drilling program, including logging, labelling, bagging and transport from the project to American Assay Laboratories of Sparks, Nevada. Drillholes have a diameter of about 10cm, and samples have an approximate weight of 5 to 10kg. Samples were then dried, crushed and split, and pulp samples were prepared for analysis. Gold was determined by fire assay with an ICP finish, and over-limit samples were determined by fire assay and gravimetric finish. Silver plus 15 other elements were determined by Aqua Regia ICP-AES (IM-2A16), and over-limit samples were determined by fire assay and gravimetric finish. Both certified standards and blanks were inserted on site along with duplicates, standards and blanks inserted by American Assay. The results summarized above have been carefully reviewed with reference to the QA/QC results. Standard sample chain of custody procedures were employed during drilling and sampling campaigns until delivery to the analytical facility.

About West Point Gold Corp.
West Point Gold is an exploration and development company focused on unlocking value across four strategically located projects along the prolific Walker Lane Trend in Nevada and Arizona, USA, providing shareholders with exposure to multiple discovery opportunities across one of North America’s most productive gold regions. The Company’s near-term priority is advancing its flagship Gold Chain Project in Arizona.

For further information regarding this press release, please contact:
Aaron Paterson, Corporate Communications Manager
Phone: +1 (778) 358-6173
Email: info@westpointgold.com

Stay Connected with Us:
LinkedIn: linkedin.com/company/west-point-gold
X (Twitter): @westpointgoldUS
Facebook: facebook.com/Westpointgold/
Website: westpointgold.com/

FORWARD-LOOKING STATEMENTS:
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events including, among others, assumptions about future prices of gold, silver, and other metal prices, currency exchange rates and interest rates, timing of the Company’s maiden resource estimate, favourable operating conditions, political stability, obtaining government approvals and financing on time, obtaining renewals for existing licenses and permits and obtaining required licenses and permits, labour stability, stability in market conditions, availability of equipment, availability of drill rigs, and anticipated costs and expenditures. The Company cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the Company’s control. Such factors include, among other things: risks and uncertainties relating to West Point Gold’s ability to complete any payments or expenditures required under the Company’s various option agreements for its projects; and other risks and uncertainties relating to the actual results of current exploration activities, the uncertainties related to resources estimates; the uncertainty of estimates and projections in relation to production, costs and expenses; risks relating to grade and continuity of mineral deposits; the uncertainties involved in interpreting drill results and other exploration data; the potential for delays in exploration or development activities; uncertainty related to the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results may vary from those expected; statements about expected results of operations, royalties, cash flows, financial position may not be consistent with the Company’s expectations due to accidents, equipment breakdowns, title and permitting matters, labour disputes or other unanticipated difficulties with or interruptions in operations, fluctuating metal prices, unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and regulatory restrictions, including environmental regulatory restrictions. The possibility that future exploration, development or mining results will not be consistent with adjacent properties and the Company’s expectations; operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather); metal price fluctuations; environmental and regulatory requirements; availability of permits, failure to convert estimated mineral resources to reserves; the inability to complete a feasibility study which recommends a production decision; the preliminary nature of metallurgical test results; fluctuating gold prices; possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, political risks, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks involved in the mineral exploration and development industry, and those risks set out in the filings on SEDAR+ made by the Company with securities regulators. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this corporate press release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, other than as required by applicable securities legislation.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/291703

VANCOUVER, British Columbia, March 30, 2026 (GLOBE NEWSWIRE) — Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V: APGO, OTCQB: APGOF, Frankfurt: 6ZF) is pleased to announce the voting results from its Annual General Meeting (“AGM”) of shareholders held on March 27, 2026. All matters submitted to shareholders for approval, as set out in the Company’s management information circular, were approved by a majority of the votes cast, including: setting the number of directors at seven; electing all seven directors standing for election; re-appointing Davidson and Company LLP as auditors of the Company; and re-approving the Company’s Omnibus Incentive Plan.

Detailed results of the total shares voted at the AGM are set out below.

In addition, Apollo is pleased to announce the appointment of Mr. Peregoodoff as Executive Chair of the Board and Mr. Thomas as Lead Independent Director, each effective immediately.

Mr. Peregoodoff brings extensive experience to the role, having previously served in senior leadership positions at Apollo, where he played a key role in shaping the Company’s strategic direction and advancing its growth initiatives. His deep understanding of Apollo’s operations, combined with his strong capital markets experience, positions him well to support the Company through its next phase of development.

Mr. Peregoodoff also previously worked alongside Apollo’s President and CEO, Ross McElroy, at BHP. This shared history and alignment are expected to further strengthen Apollo’s leadership as the Company continues to execute on its strategy.

Ross McElroy, President and CEO of Apollo, commented: “We are very pleased to welcome Mr. Peregoodoff as Executive Chair of the Board and Mr. Thomas as the Lead Independent Director. Having worked closely with Tom at BHP, I have seen firsthand his leadership, strategic thinking, and operational skills. His prior involvement with Apollo, combined with his deep understanding of our business, make him ideally suited to support management as we continue to advance our projects and deliver for our shareholders.”

The Company also notes that Andrew Bowering will continue to play an active role, serving as a Director, key advisor, and spokesperson for Apollo. As a significant shareholder, Mr. Bowering remains fully committed to working closely with the management team and the Board in guiding the Company’s strategy and driving long-term value creation for all shareholders.

Andrew Bowering, commented: “As the founder and one of the larger shareholders of Apollo, I am thrilled to see Tom take on this key role and I am excited to support the strong operational pairing of Tom and Ross going forward. In my opinion, the Company just got stronger.”

ABOUT APOLLO SILVER CORP.
Apollo is advancing the second largest undeveloped primary silver project in the U.S. The Calico Project hosts a large, bulk minable silver deposit with significant barite and zinc credits – recognized as critical minerals essential to the U.S. energy, industrial and medical sectors. The Company also holds an option on the Cinco de Mayo Project in Chihuahua, Mexico, which is host to a major carbonate replacement (CRD) deposit that is both high-grade and large tonnage. Led by an experienced and award-winning management team, Apollo is well positioned to advance the assets and deliver value through exploration and development.

Please visit www.apollosilver.com for further information.

ON BEHALF OF THE BOARD OF DIRECTORS

Ross McElroy
President and CEO

For further information, please contact:

Email: info@apollosilver.com

Telephone: +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.

Cautionary Statement Regarding “Forward-Looking” Information

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 regarding: the Company’s plans and objectives; the expected contributions of members of the Board of Directors and management; and the Company’s strategy and future growth initiatives. 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”, 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.

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; and changes in project parameters as plans continue to be refined. 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.