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Message #34
From: NewsBot
Date: March 9, 2008 07:35:39 PM

Apollo Gold Announces 1,330,000 Ounces of Gold Reserves at its Black Fox Project

Apollo Gold Corporation ("Apollo") (TSX: APG)(AMEX: AGT) is pleased to announce the results of an updated mineral reserve estimate at its 100% owned Black Fox Project (“Black Fox”) located near Timmins, Ontario, Canada. The new mineral reserve estimate was prepared by SRK Consulting (“SRK”), Denver, Colorado. SRK has confirmed that the reserve study complies in all respects with Canadian National Instrument 43-101 (“NI 43-101”) guidelines and the NI 43-101 technical report will be filed within 45 days. The table below summarizes the Black Fox mineable reserve:

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