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: