# Apollo Silver Reports Ejido Benito Juárez to Reconvene Assembly on Cinco de Mayo Access Agreement Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/apollo-silver-reports-ejido-benito-jua-rez-to-reconvene-assembly-on-cinco-de-may--eae1c6d1-efe6-464a-a708-3bce9163b0fd Original source: https://www.globenewswire.com/news-release/2026/09/21/3365628/0/en/apollo-silver-reports-ejido-benito-ju%c3%a1rez-to-reconvene-assembly-on-cinco-de-mayo-access-agreement.html Publisher: globenewswire Original announcement: 2026-09-21T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-21T16:34:01.252Z Atlas analysis updated: 2026-09-21T16:34:01.252Z - Company: Apollo Silver Corp. - Ticker: APGO - Exchange: Unavailable - Region: Chihuahua, Mexico - Primary commodity: Silver - Secondary commodities: Lead, Zinc, Gold, Copper - Document categories: Drill results, Permitting, Other, Resource update - Extracted: 2026-09-21 16:34:02 UTC Narrative sentiment: 0.00 · Neutral ## Minestarters Atlas summary Apollo Silver reports that a community assembly in Mexico failed to reach a quorum to lift a mining moratorium on the Cinco de Mayo project. A second assembly is expected in October to vote on a long-term access agreement. Reasoning: The announcement reports a procedural delay in community voting regarding land access, which is a key permitting milestone, but notes the process is routine and expected to reconvene. - Positive factor: Routine two-stage assembly process described as planned - Positive factor: Strong ongoing engagement with the Ejido - Negative factor: Lack of quorum at the first assembly caused adjournment - Negative factor: Moratorium on exploration and development remains in place Facts used in scoring: 9 ## Classification and evidence **Nearology Play** Polarity: neutral Story-specific tag Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The company highlights the Pegaso Zone as a high-priority target near the Upper Manto deposit. Evidence · text > below and to the east of the Upper Manto deposit ## 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-jua-rez-to-reconvene-assembly-on-cinco-de-may--eae1c6d1-efe6-464a-a708-3bce9163b0fd#fact-drill-facts-4) 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 #### 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: 2012-01-01T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: High grade silver intercept in the Pegaso Zone. - Positive factor: Strong silver grade in massive sulphide Evidence · text > 89 g/t Ag #### 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 **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-jua-rez-to-reconvene-assembly-on-cinco-de-may--eae1c6d1-efe6-464a-a708-3bce9163b0fd#fact-drill-facts-5) 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 #### 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: scored - Historical: Yes - Historical Source Date: 2012-01-01T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Gold grade within the Pegaso Zone 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 **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-jua-rez-to-reconvene-assembly-on-cinco-de-may--eae1c6d1-efe6-464a-a708-3bce9163b0fd#fact-drill-facts-6) 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 #### 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: scored - Historical: Yes - Historical Source Date: 2012-01-01T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Copper grade within the Pegaso Zone 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 **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-jua-rez-to-reconvene-assembly-on-cinco-de-may--eae1c6d1-efe6-464a-a708-3bce9163b0fd#fact-drill-facts-7) 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 #### 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: scored - Historical: Yes - Historical Source Date: 2012-01-01T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Lead grade within the Pegaso Zone 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 **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-jua-rez-to-reconvene-assembly-on-cinco-de-may--eae1c6d1-efe6-464a-a708-3bce9163b0fd#fact-drill-facts-8) 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 #### 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: scored - Historical: Yes - Historical Source Date: 2012-01-01T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Zinc grade within the Pegaso Zone 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 **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-jua-rez-to-reconvene-assembly-on-cinco-de-may--eae1c6d1-efe6-464a-a708-3bce9163b0fd#fact-resource-facts-0) 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 #### Resource scope - Estimate type: resource - Resource group id: resource:ce4006c462dfffb48153 - Deposit or zone: Upper Manto #### 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: 2012-03-07T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: This is a restatement of a 2012 historical resource estimate. - Negative factor: Historical estimate that is not considered current 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 **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 14.5 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/apollo-silver-reports-ejido-benito-jua-rez-to-reconvene-assembly-on-cinco-de-may--eae1c6d1-efe6-464a-a708-3bce9163b0fd#fact-resource-facts-1) 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 #### Resource scope - Estimate type: resource - Resource group id: resource:ce4006c462dfffb48153 - Deposit or zone: Upper Manto #### 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: 2012-03-07T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Restatement of 2012 historical lead grade. - Negative factor: Historical estimate 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 **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 14.5 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/apollo-silver-reports-ejido-benito-jua-rez-to-reconvene-assembly-on-cinco-de-may--eae1c6d1-efe6-464a-a708-3bce9163b0fd#fact-resource-facts-2) 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 #### Resource scope - Estimate type: resource - Resource group id: resource:ce4006c462dfffb48153 - Deposit or zone: Upper Manto #### 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: 2012-03-07T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Restatement of 2012 historical zinc grade. - Negative factor: Historical estimate 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 **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 14.5 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/apollo-silver-reports-ejido-benito-jua-rez-to-reconvene-assembly-on-cinco-de-may--eae1c6d1-efe6-464a-a708-3bce9163b0fd#fact-resource-facts-3) 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 #### Resource scope - Estimate type: resource - Resource group id: resource:ce4006c462dfffb48153 - Deposit or zone: Upper Manto #### 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: 2012-03-07T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Restatement of 2012 historical gold grade. - Negative factor: Historical estimate 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 **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 14.5 years before this release ## 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.