VANCOUVER, British Columbia, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF) is pleased to provide an update on its ongoing technical review of historic data at the Waterloo and Langtry projects in San Bernardino County, California. Recently this work has identified a 25 metre (“m”) thick, gold bearing horizon below silver mineralization. Silver mineralization transitions to gold-dominated mineralization at the variably faulted lithologic contact between Barstow formation sedimentary rocks and Pickhandle formation volcaniclastics. Gold mineralization at the district’s only historic gold producer, the Burcham Mine, occurs along this contact 250 m to the southeast. Apollo’s analysis of historic data has shown that not only does gold mineralization extend beyond the Burcham mine area, evidence suggests that at the Waterloo project the entire 2.2 kilometre (“km”) long contact between the Barstow sediments and Pickhandle volcaniclastics is prospective for gold mineralization.
Gold identified at Waterloo project in continuous near-surface horizon
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