# Apollo Silver Reports Ejido Benito Ju&amp;\#xE1;rez to Reconvene Assembly on Cinco de Mayo Access Agreement

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--2c2893fe-8ede-4ec6-b35b-1d93f44feb71

Original source: https://orestocks.com/company/APGO.V/press-releases/8929746145652633

Publisher: orestocks

Original announcement: 2026-09-21T14:39:42.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-21T15:33:35.293Z

Atlas analysis updated: 2026-09-21T15:33:35.293Z

- Company: Apollo Silver Corp.

- Ticker: APGO.V

- Exchange: Unavailable

- Region: Chihuahua, Mexico

- Primary commodity: Silver

- Secondary commodities: Lead, Zinc, Gold, Copper

- Document categories: Drill results, Permitting, Resource update

- Extracted: 2026-09-21 15:33:36 UTC

Narrative sentiment: 0.00 · Neutral

## Minestarters Atlas summary

Apollo Silver reports that a community assembly in Mexico was adjourned due to lack of quorum, with a second meeting expected in October to discuss lifting an exploration moratorium. The release also restates historical 2012 mineral resource estimates and highlights a high-priority historical drill intercept in the Pegaso Zone.

Reasoning: The announcement is primarily a procedural update regarding community access negotiations, which is a critical permitting milestone, while also restating historical resource data.

- Positive factor: Routine administrative process for Ejido assembly

- Positive factor: High-priority Pegaso Zone target mentioned

- Negative factor: Moratorium on exploration remains in place

- Negative factor: Lack of quorum at first assembly delayed progress

Facts used in scoring: 9

## Classification and evidence

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The 2012 MRE is explicitly categorized as Inferred.

Evidence · text

> Inferred MRE was estimated to total 12.45 million tonnes

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The resource estimate is from 2012 and is explicitly cautioned against by the company.

Evidence · text

> This 2012 historical MRE referenced above is considered historical in nature and the reader is cautioned not to treat this estimate as current Mineral Resources

## Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

## Drill Results (5)

### CM-12-431

[Link to this fact](https://atlas-staging.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--2c2893fe-8ede-4ec6-b35b-1d93f44feb71#fact-drill-facts-0)

Cinco de Mayo · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CM-12-431
- Project: Cinco de Mayo
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: APGO.V

#### Geometry

- Grade: 89
- Grade Unit: g/t
- Intercept: 61.6 m
- From: 927 m
- To: 988.6 m
- Intercept Depth: 927 m

#### Classification

- Sample Type: drill
- Group ID: CM-12-431:927-988.6

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2012-07-18T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: High-grade silver intercept in a massive sulphide zone, though historical.

- Positive factor: Significant width of 61.6m

Evidence · text

> 89 g/t Ag, 0.78 g/t Au, 0.13% Cu, 2.1% Pb and 7.3% Zn

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "A potential new discovery, the Pegaso Zone was drilled in 2012 and consists of 61.6 metres of massive sulphide intersect"

### CM-12-431

[Link to this fact](https://atlas-staging.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--2c2893fe-8ede-4ec6-b35b-1d93f44feb71#fact-drill-facts-1)

Cinco de Mayo · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CM-12-431
- Project: Cinco de Mayo
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: APGO.V

#### Geometry

- Grade: 0.78
- Grade Unit: g/t
- Intercept: 61.6 m
- From: 927 m
- To: 988.6 m
- Intercept Depth: 927 m

#### Classification

- Sample Type: drill
- Group ID: CM-12-431:927-988.6

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: low\_confidence
- Historical: Yes
- Historical Source Date: 2012-07-18T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Historical gold grade within a polymetallic intercept.

Evidence · text

> 0.78 g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "A potential new discovery, the Pegaso Zone was drilled in 2012 and consists of 61.6 metres of massive sulphide intersect"

### CM-12-431

[Link to this fact](https://atlas-staging.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--2c2893fe-8ede-4ec6-b35b-1d93f44feb71#fact-drill-facts-2)

Cinco de Mayo · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CM-12-431
- Project: Cinco de Mayo
- Commodity: copper
- Region: mexico
- Reported Region: mexico
- Ticker: APGO.V

#### Geometry

- Grade: 0.13
- Grade Unit: %
- Intercept: 61.6 m
- From: 927 m
- To: 988.6 m
- Intercept Depth: 927 m

#### Classification

- Sample Type: drill
- Group ID: CM-12-431:927-988.6

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: zero\_all
- Historical: Yes
- Historical Source Date: 2012-07-18T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Historical copper grade within a polymetallic intercept.

Evidence · text

> 0.13% Cu

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "A potential new discovery, the Pegaso Zone was drilled in 2012 and consists of 61.6 metres of massive sulphide intersect"

### CM-12-431

[Link to this fact](https://atlas-staging.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--2c2893fe-8ede-4ec6-b35b-1d93f44feb71#fact-drill-facts-3)

Cinco de Mayo · lead

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CM-12-431
- Project: Cinco de Mayo
- Commodity: lead
- Region: mexico
- Reported Region: mexico
- Ticker: APGO.V

#### Geometry

- Grade: 2.1
- Grade Unit: %
- Intercept: 61.6 m
- From: 927 m
- To: 988.6 m
- Intercept Depth: 927 m

#### Classification

- Sample Type: drill
- Group ID: CM-12-431:927-988.6

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: low\_confidence
- Historical: Yes
- Historical Source Date: 2012-07-18T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Historical lead grade within a polymetallic intercept.

Evidence · text

> 2.1% Pb

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "A potential new discovery, the Pegaso Zone was drilled in 2012 and consists of 61.6 metres of massive sulphide intersect"

### CM-12-431

[Link to this fact](https://atlas-staging.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--2c2893fe-8ede-4ec6-b35b-1d93f44feb71#fact-drill-facts-4)

Cinco de Mayo · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CM-12-431
- Project: Cinco de Mayo
- Commodity: zinc
- Region: mexico
- Reported Region: mexico
- Ticker: APGO.V

#### Geometry

- Grade: 7.3
- Grade Unit: %
- Intercept: 61.6 m
- From: 927 m
- To: 988.6 m
- Intercept Depth: 927 m

#### Classification

- Sample Type: drill
- Group ID: CM-12-431:927-988.6

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: low\_confidence
- Historical: Yes
- Historical Source Date: 2012-07-18T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Historical zinc grade within a polymetallic intercept.

Evidence · text

> 7.3% Zn

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "A potential new discovery, the Pegaso Zone was drilled in 2012 and consists of 61.6 metres of massive sulphide intersect"

## Resource Estimates (4)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--2c2893fe-8ede-4ec6-b35b-1d93f44feb71#fact-resource-facts-5)

Cinco de Mayo · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Cinco de Mayo
- Commodity: silver
- Region: mexico
- Reported Region: Chihuahua, Mexico
- Ticker: APGO.V

#### Resource scope

- Estimate type: resource
- Resource group id: resource:d0cf2c9dd21540e52ced

#### Resource Data

- Category: inferred
- Tonnes: 12450000
- Grade: 132
- Grade Unit: g/t
- Contained Metal: 52700000
- Contained Unit: oz

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-03-07T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Restatement of a 2012 historical resource estimate.

- Negative factor: Historical estimate should not be relied upon

Evidence · text

> Inferred MRE was estimated to total 12.45 million tonnes at 132 grams per tonne silver

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--2c2893fe-8ede-4ec6-b35b-1d93f44feb71#fact-resource-facts-6)

Cinco de Mayo · lead

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Cinco de Mayo
- Commodity: lead
- Region: mexico
- Reported Region: Chihuahua, Mexico
- Ticker: APGO.V

#### Resource scope

- Estimate type: resource
- Resource group id: resource:d0cf2c9dd21540e52ced

#### Resource Data

- Category: inferred
- Tonnes: 12450000
- Grade: 2.86
- Grade Unit: %
- Contained Metal: 785000000
- Contained Unit: lb

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-03-07T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Historical lead grade in 2012 MRE.

Evidence · text

> 2.86 per cent \("% Pb"\) lead

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--2c2893fe-8ede-4ec6-b35b-1d93f44feb71#fact-resource-facts-7)

Cinco de Mayo · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Cinco de Mayo
- Commodity: zinc
- Region: mexico
- Reported Region: Chihuahua, Mexico
- Ticker: APGO.V

#### Resource scope

- Estimate type: resource
- Resource group id: resource:d0cf2c9dd21540e52ced

#### Resource Data

- Category: inferred
- Tonnes: 12450000
- Grade: 6.47
- Grade Unit: %
- Contained Metal: 1777000000
- Contained Unit: lb

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-03-07T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Historical zinc grade in 2012 MRE.

Evidence · text

> 6.47 %t zinc \("Zn"\)

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--2c2893fe-8ede-4ec6-b35b-1d93f44feb71#fact-resource-facts-8)

Cinco de Mayo · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Cinco de Mayo
- Commodity: gold
- Region: mexico
- Reported Region: Chihuahua, Mexico
- Ticker: APGO.V

#### Resource scope

- Estimate type: resource
- Resource group id: resource:d0cf2c9dd21540e52ced

#### Resource Data

- Category: inferred
- Tonnes: 12450000
- Grade: 0.24
- Grade Unit: g/t
- Contained Metal: 96000
- Contained Unit: oz

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-03-07T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Historical gold grade in 2012 MRE.

Evidence · text

> 0.24 g/t \("Au"\)

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
