| Hole I.D. |
From Meters |
To Meters |
Assays grams Au/tonne |
Assays grams Ag/tonne |
||||
| PDO 08 | 24.8 | 26.4 | 1.1 | 12.0 | ||||
| PDO 09 | 37.5 | 38.1 | 4.1 | 46.0 | ||||
| PDO 09 | 38.1 | 39.2 | 1.6 | 18.0 | ||||
| PDO 09 | 39.6 | 40.0 | 0.8 | 11.5 | ||||
| PDO 10 | 81.1 | 81.3 | 0.0 | 61.0 | ||||
| PDO 10 | 81.3 | 81.9 | 0.0 | 20.7 | ||||
| PDO 10 | 81.9 | 83.4 | 42.5 | 162.0 | ||||
| PDO 10 | 83.4 | 84.7 | 0.5 | 29.7 | ||||
| PDO 11 | 83.5 | 85.0 | 1.7 | 24.8 | ||||
| PDO 11 | 85.0 | 85.5 | 0.8 | 7.8 | ||||
| PDO 11 | 85.5 | 87.1 | 1.3 | 19.2 | ||||
| PDO 11 | 119.1 | 120.2 | 3.7 | 5.3 | ||||
| PDO 13 | 81.7 | 83.2 | 4.7 | 64.0 | ||||
| PDO 13 | 83.2 | 83.7 | 0.5 | 23.7 | ||||
| PDO 15 | 29.6 | 30.3 | 9.0 | 262.0 | ||||
| PDO 15 | 32.3 | 32.7 | 21.6 | 340.0 | ||||
|
Assays were performed by Inspectorate America Corporation of Sparks, Nevada. |
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Richard Nanna, Senior Vice president of Exploration, said, “We are very encouraged by the results of this first phase of drilling at Puma De Oro as the drilling indicates the potential of a significant gold system with a current strike length of over 1,000 meters and it is very promising to get results like this on the first exploration drilling program on a new target.”
Apollo Gold Corporation
Apollo is a gold mining and exploration company which operates the Montana Tunnels Mine, which is a 50% joint venture with Elkhorn Tunnels, LLC, in Montana, the Black Fox advanced stage development project in Ontario, Canada, and the Huizopa project, an early-stage exploration project in the Sierra Madres in Chihuahua, Mexico.
This press release has been reviewed and approved for release by Richard Nanna, Professional Geologist and Apollo's Senior Vice-President, Exploration and Development and designated “Qualified Person” under Canadian NI 43-101.
FORWARD-LOOKING STATEMENTS
This press release includes “Forward-Looking Statements” within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements can be identified by the use of words such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “intends,” “continue,” or the negative of such terms, or other comparable terminology. All statements regarding the potential of a significant gold system and its strike length are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from these forward-looking statements include: the results of independent Canadian NI 43-101 reports, the outcome of assays and additional exploration sampling and drilling efforts and other factors disclosed under the heading “Risk Factors” and elsewhere in Apollo documents filed from time to time with the Toronto Stock Exchange, The American Stock Exchange, The United States Securities and Exchange Commission and other regulatory authorities. All forward-looking statements included in this press release are based on information available to Apollo on the date hereof. Apollo assumes no obligation to update any forward-looking statements.
Apollo Gold Corporation
Investor Relations:
Marlene Matsuoka,
720-886-9656 ext. 217
Toll-Free: 1-877-465-3484
info@apollogold.com
www.apollogold.com