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Apollo Silver Corp. Investor Presentation 2021

Jul 9, 2021

45355_rns_2021-07-09_22bd2013-1c68-4186-b51d-5969746a1488.pdf

Investor Presentation

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INVESTOR PRESENTATION JUNE 2021

A NEW DAWN FOR AMERICAN SILVER

ADVANCING U.S. SILVER PROJECTS TO DEVELOPMENT

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Forward-looking Statements

CAUTIONARY NOTE FORWARDLOOKING STATEMENTS

Cautionary Note Regarding Forward Looking Information: Except for statements of historical fact relating to Apollo Gold and Silver Corp. (the “Company” or “Apollo”), certain information contained in this presentation constitutes “forward looking information” under Canadian and U.S. securities legislation. Forward looking information includes, but is not limited to, statements with respect to the potential of the Company’s properties, the future price of silver, success of exploration activities, costs and timing of future exploration and development, the estimation of mineral resources, conclusions of economic evaluations, requirements for additional capital and other statements relating to the financial and business prospects of the Company. Generally, forward looking information can be identified by the use of forward-looking terminology such as “ plans,”“ or “does not expect”, ”expect,” “is expected”, ”expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, or “does not anticipate”, “anticipate”, “believes” or variations of such words and phrases. Forward looking information is based on the reasonable assumptions, estimates, analysis and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that the management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made. Forward looking information is inherently subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward looking information, including but not limited to risks related to the Company’s goal of creating shareholder value by concentrating on the development of the Calico Silver Project or the AZ Silver District (the “Properties”); believing that it has the potential to contain economic silver deposits; the Company’s assessment of future plans for the Properties; managements’ economic outlook regarding future trends; the Company’s exploration budget for the Properties; and in particular, the availability of skilled labour, timing and the amount of the expected budget; the Company’s ability to meet its working capital needs at the current level in the short term; expectations with respect to raising capital; sensitivity analysis on financial instruments may vary from the amounts disclosed and government regulation and environmental liability, as well as those risk factors discussed or referred to in the Company’s continuous disclosure filings with the securities regulatory authorities in Canada available at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward looking information, other factors could also cause materially different results. There can be no assurance that forward looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected financial and operational performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Qualified Person

The Qualified Person responsible for the technical information in this presentation is Dean Besserer, P.Eng, who has approved the technical information included herein.

2

Cautionary Note:

Historic Resources

Calico - Waterloo
Total
Calico - Langtry
Indicated
Inferred
Total
Cutoff
Tonnes
Grade
Contained Metal
(g/t Ag)
(Mt)
(g/t Ag)
(Moz Ag)
20.00
37.1
86.00
103.0
26.03
11.5
50.70
18.8
26.03
27.6
47.96
42.6
39.1
48.82
61.4
Calico Total 76.2
67.09
164.4
Arizona Silver
Total Unconstrained
3.2
152.78
15.9
Apollo Total Resources
79.4
70.58
180.3
Apollo Historic Resource (Unclassified)
79.4
70.58
180.3

Resource Estimates Cautionary Note and References

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The historical mineral resources discussed in this document were calculated prior to the implementation of the standards set forth in NI 43-101 and current CIM standards for mineral resource estimation (as defined by the CIM Definition Standard on Mineral Resources and Ore Reserves dated May 10, 2014). The reader is cautioned not to treat them, or any part of them, as current mineral resources or reserves. The estimates do not classify the resource as either a measured, indicated or inferred resource and, accordingly, readers should not assume it satisfies the requirements of any of such classifications. There is insufficient information available to properly assess the data quality, estimation parameters and standards by which the estimates were categorized. An independent Qualified Person (‘QP’), has not done sufficient work to classify the estimate discussed as current mineral resources or reserves and therefore the estimate should be treated as historical in nature and not current mineral resources or mineral reserves. The historical resources have been included simply to demonstrate the mineral potential of the projects. A thorough review of all historical data performed by a QP, along with additional exploration work to confirm results, would be required in order to produce a current mineral resource estimate for all projects. This document uses the terms “historic resource”,“ resources”, “unclassified resource”, “measured resources”, “indicated resources” and “inferred resources”. United States investors are advised that the United States Securities and Exchange Commission (the “SEC”) does not recognize these terms under United States standards. Mineralization may not be classified as a “reserve” unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. United States investors are cautioned not to assume that all or any part of resources referred to here within will ever be converted into reserves. Further, inferred resources have a great amount of uncertainty as to their existence and as to whether they can be mined legally or economically. It cannot be assumed that all or any part of the historic, unclassified or inferred resources will ever be upgraded to a higher category. Therefore, United States investors are also cautioned not to assume that all or any part of the historic, unclassified or inferred resources exist, or that they can be mined legally or economically. Disclosure of “contained ounces” is permitted disclosure under Canadian regulations, however, the SEC normally only permits issuers to report “resources” as in place tonnage and grade without reference to unit measures. Accordingly, information concerning descriptions of mineralization and resources contained in this presentation may not be comparable to information made public by United States companies subject to the reporting and disclosure requirements of the SEC. National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) is a rule developed by the Canadian Securities Administrators, which established standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Historical resource estimates contained in this document have not been prepared in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum Classification System. Reference to historic resources at Waterloo refer to Kirkpatrick, R.K, 1966, Waterloo Ore Reserve, Calico Mining District, Asarco Inc. Internal Report, dated December 1, 1966 and Waterloo Project, internal company report prepared by Pan American Minerals Corp., dated 2013, unpublished. Reference to historic resources at Langtry refer to Moran et al, 2012, NI 43-101 Technical Report, Langtry Silver Project, San Bernardino County, California: prepared for Athena Silver Corp, April 2012. Reference to historic resources at Arizona Silver District refer to Fox, 1991, Summary Report, Orbex internal Company report, 1991, unpublished and NV Gold Corporation, 2020, Company news release dated January 13, 2020 [Online] available at https://www.nvgoldcorp.com/news/nv-gold-signs-binding-loi-for-option-to-acquire-10-1788/, [Accessed April 30, 2021]. Qualified Person

The Qualified Person (QP) responsible for the technical information in this presentation is Dean Besserer, P.Eng, who has approved the technical information included herein.

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INVESTOR HIGHLIGHTS

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  • US-FOCUSED  PURE PLAY SILVER  STRONG PORTFOLIO  MINING-FRIENDLY JURISDICTIONS

PURE SILVER PLAY UNIQUE US ASSET BASE

CAPITAL STRUCTURE

  • 180 Moz silver historic resource base[[(1,2,3,4)]]

  • 180 Moz silver historic resource • Tight capital structure and balance base[[(1,2,3,4)]] sheet

  • • • Large land package, significantly Significant ownership by under-explored management and directors

  • • • Conversion of historic resources to Strong supportive shareholder 43-101 compliance provides near base term re-rating opportunity

EXPERIENCED TEAM

  • Global resource sector experience and relationships

  • Track record of advancing projects and creating value

  • Prime Mining, American Lithium, M2 Cobalt, Peregrine Diamonds Kore Resources

  • 1) See Cautionary Notes on mineral resources.

  • 2) Waterloo silver and barite estimates as per 2013 Pan American historical resource estimate.

  • 3) Langtry silver estimates as per 2012 Moran technical report. Langtry barite estimates as per Superior Oil technical report. 4) The Silver District estimates based on 1991 Orbex Minerals historical resource estimate.

4

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Calico

Az Silver District

THE APOLLO SNAPSHOT Large historic resource base with significant upside

OUNCES OF SILVER

DISTRICTSCALE SIZE

HISTORIC PRODUCTION

180 M

255 M

OZ OF SILVER OZ OF SILVER (HISTORICAL)[(1)] EQUIVALENT (HISTORICAL) (1,2,3,4,5)

3 KM 13 KM STRIKE LENGTH COLLECTIVE AT WATERLOO & STRIKE AT SILVER LANGTRY DISTRICT COMBINED

20 M 20-65 OZ/T

OZ OF HISTORICAL REPORTED FROM SILVER HISTORICAL PRODUCTION IN PRODUCTION CALICO DISTRICT

  • 1) See Cautionary Notes on mineral resources.

  • 2)

  • Waterloo silver and barite estimates as per 2013 Pan American historical resource estimate.

  • 3) Langtry silver estimates as per 2012 Moran technical report. Langtry barite estimates as per Superior Oil technical report. 4) The Silver District estimates based on 1991 Orbex Minerals historical resource estimate. 5) AgEq assumes US$22/oz Ag, US$220/tonne Barite

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Prime Jurisdiction

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California maintains its position as an established mining jurisdiction in the USA

PURE SILVER PLAY Top Mining State

  • California ranked 4[th] in the US for mineral production in 2020

  • In 2020, mining contributed US$13.6 B in GDP

Incentives for Companies

  • California offers mining companies access to clean power, infrastructure, skilled labour and transportation networks.

  • • Robust environmental and labour laws drive high operating standards for the sector

Start-Up Activity

  • Several companies of varying size are actively progressing projects in the state

  • • Equinox Gold started commercial production at their Castle Mountain gold mine in 2020

Sources: National Mining Association, California Energy Commission.

6

THE APOLLO TEAM

Apollo’s team offers global resource sector experience focused on exploration and development with a trackrecord in advancing projects and creating shareholder value including at Peregrine Diamonds, Prime Mining, M2 Cobalt and American Lithium

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Tom Peregoodoff - CEO

  • 30+ years resource industry experience

  • BHP, Peregrine Diamonds

  • Currently Director, Pretivm Resources, Mountain Province Diamonds

James Hynes - Director

  • Geological Engineer and entrepreneur with 15+ years experience

  • Exec Chair, Kore Mining, Exec Chair, Karus Gold

  • Director Zacapa Resources

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Andrew Bowering - Chair

  • Venture capitalist with 30+ years operational experience.

  • Executive Positions with TSX.V, TSX and AMEX Companies

  • Founded Prime Mining, American Lithium and others

Simon Clarke - Director

  • 25+ years capital market experience

  • Founder & CEO, M2 Cobalt

  • Founder, Director, Osum Oil Sands Corp

  • CEO, American Lithium

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CALICO SILVER PROJECT

Located in San Bernardino County, California COMBINATION OF THE WATERLOO AND LANGTRY PROJECTS

  • The first time that the two assets have been under common ownership

  • 13,000 acres under control with combined 3,000 m strike

  • Open at depth and along strike

LOCATION

  • Well placed relative to infrastructure in a mining friendly jurisdiction

  • ~15 km from Barstow and ~235 km from Los Angeles and Las Vegas

  • Access to properties is via paved roads for majority of distance from Barstow

  • Commercial electric power is available within 5 km of property[(1) ]

  • Equidistant between Rio Tinto Borate mine and Equinox Gold mine

  • Backfill legislation passed in 2002

  • No precedent for our situation – removal of hill versus creation of a hole

SYNERGIES

  • The combination of the two assets brings together historical data from both

  • 35,000 m of previous drilling over 357 drill holes combined

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LANGTRY
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1 2

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CALICO SILVER PROJECT District scale mineral system endowment.

  • Significant past producer

  • • Potential for gold enrichment not fully defined

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CALICO SILVER PROJECT Vested mining rights will facilitate permitting

  • Patented/Private Lands

  • Both areas have received Certificate of Land Use Compliance vesting surface mining rights which exempts these lands from land use permitting requirements.

  • Unpatented Lands

  • BLM managed public lands that are open for mineral entry. No monuments, preserves or national parks encroaching on these lands.

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LANGTRY

CALICO SILVER PROJECT

  • CAL-40 - 24.38m of 497.0 g/t Ag from 1.52m

  • CAL-194 - 36.57m of 197.8 g/t Ag from 88.39m

  • CAL-177 - 27.43m of 233.9 g/t Ag from 67.05m

  • CAL-38 - 27.43m of 193.0 g/t Ag from 73.15m

  • CAL-102 - 19.81m of 241.3 g/t Ag from 112.77m

WATERLOO

  • DH-80 - 77.72m of 329.7 g/t Ag from 28.96m incl. 13.72m of 955.7 g/t Ag from 65.53m

  • DH-163- 41.15m of 256.2 g/t Ag from surface

  • DH-42 - 51.82m of 240.5 g/t Ag from 39.62m

  • W-0043 45.72m of 232.6 g/t Ag from 35.05m

  • 164M oz Ag / 7.5M tonnes[Barite(1,2,3)]

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  • W-0007 94.00m of 198.1 g/t Ag from 0m

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39Mt @ 49g/t
Ind 11.5Mt @ 50.70 g/t, 18.8 Moz Ag
Inf 27.6Mt @ 48.82 g/t, 42.6 Moz Ag [(3)]
B’
C’

C
B C
37Mt @ 86g/t
~103Moz Ag, 13.4% Ba [(2)]
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  • 1) See Cautionary Notes on mineral resources.

  • 2) Waterloo silver and barite estimates as per 2013 Pan American historical resource estimate.

  • 3) Langtry silver estimates as per 2012 Moran technical report. Langtry barite estimates as per Superior Oil technical report.

11

CALICO SILVER PROJECT Waterloo

  • Low Strip – Asarco 1980 Feasibility Study SR .2-1

  • Resource Expansion – number of holes hang in mineralization

  • High Grade – 40[+] m intersections of +100 g/t Ag

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B’
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B

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12

  • C C’

  • CALICO SILVER PROJECT Prospective L. Barstow Fm

  • Waterloo

  • • Resource Expansion – south of the Cascabel Fault the lower Barstow Fm remains largely untested

  • • South of the Calico Fault the lower Barstow has never been tested - new discovery potential Unexplored L Barstow Fm?

  • Source: 1) Pratt, Warren, 2012, Controls on Silver Mineralization at Waterloo, California: Unpublished report Pan American Silver Corp, December, 2012

13

CALICO SILVER PROJECT Langtry

Unexplored L Barstow Fm?

  • South and along strike of Langtry Resource Quaternary alluvium cover has not been adequately tested

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CALICO SILVER PROJECT

A solid foundation of historic data

  • Comparison assays between Asarco data and Pan American Silver data show excellent correlation

  • Minimise amount of re-drilling and maximise the data input into maiden 43-101 resource calculation

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ASARCO Original Assay vs PAS ReAssay (824 ASARCO
pulps)
400
y = 0.9343x + 0.9648
R² = 0.9896
350
300
250
200
150
100
50
0
0 50 100 150 200 250 300 350 400
PAS ReAssay Ag g/t
ASARCO Assay Ag g/t
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15

METALLURGICAL TESTWORK

  • Limited advanced modern day test work completed to date

  • Limited incorporation of metallurgical parameters into resource model

Summary of Historical KEY TAKEAWAYS FROM Work HISTORICAL WORK

  • Both Asarco and Superior Oil  Promising silver recoveries - 45% completed basis preliminary to 95% metallurgical work from 19651979  Medium hardness ore

  • Principally grinding studies,  Clean ore, low reagent limited column testing. consumption

  • Trade-off studies were completed on various options defined at the time.

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  • CALICO SILVER PROJECT 2021/2022 Program Summary - Waterloo

  • Resource drilling – 12,500m. $3 M

  • Analytical – 10,000 samples $0.6 M

  • Metallurgical test work - $0.5 M

  • Environmental base line studies – $0.3 M

  • Maiden resource calculation and reporting $0.3 M

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Apollo Silver Corp
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AZ SILVER DISTRICT PROJECT

Located in La Paz County, Arizona

SCALE POTENTIAL

  • 2,000+ acres including mineral title covering three major epithermal vein structures (West, Central, East)

  • 13 km collective strike length

  • Under-explored

HIGH-GRADE HISTORIC RESOURCE[(1)]

  • 15.9 Moz Ag at 153 g/t Ag

PRIME JURISDICTION

  • Located in the heart of the historic silver district

  • Arizona is ranked #2 globally in terms of investment attractiveness in the Fraser Institute Survey (2020)

PREVIOUS PRODUCER

  • The property is host to the previously producing Red Cloud mine, which produced silver at high grade in the late 1800’s and had workings down to the 150 ft level

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Calico
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1 2

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SELECT
PEER COMPS
Source: SEDAR, TMX Group, company disclosure, Capital IQ. Figures as at April 21, 2021.
1)
Assumes 100% of historical silver equivalent ounces are converted to the inferred
category.
2)
Includes Silver Tiger C$20M bought deal announced in February 2021.
3)
Silver One resources include historical resources as inferred resources at Candelaria
and Penasco Quemado.
4)
Apollo Proforma assumes $0.75 post transaction share price.
US-BASED,
DEVELOPMENT STAGE,
PURE SILVER PLAY
UNIQUE TIMING &
RARE OPPORTUNITY
COMPANY
TOTAL
RESOURCES
(oz)
MKT
CAP
(C$M)(1)
GRADE
(g/t Ag)
LOCATION
STAGE
Discovery Metals
259,000,000
690.0
41.0
Mexico
Development -
PEA
Apollo
180,000,000
110(4)
69.2
USA
Historic Resource
New Pacific Metals
191,410,000
942.0
131.6
Bolivia
Development -
PEA
AbraSilver Resource
82,630,000
300.1
91.1
Argentina
Development -
PEA
Alexco Resource
77,374,000
500
351.4
Canada
Producer
Silver One
Resources
45,414,000(3)
185.1
42.0
USA
(Historic) Resource
Excellon Resources
40,455,000
134.7
57.5
Mexico
Producer
Silver Tiger Metals
37,000,000
185(2)
34.3
Mexico
Exploration/
Resource
Aurcana Silver
31,772,000
225.7
385.9
USA
Feasibility
19

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$3.6

$1.7 $1.3 Median $1.33/oz AgEq $1.0 $0.7 $0.4

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CATALYST TIMELINE

Apollo is focused on near-term re-rating

Executing an aggressive drilling campaign at Calico

Declaring Calico maiden NI 43-101 resource

Historical data aggregation Define Calico resource development plan Define AZ Silver exploration plan

Calico technical work (mapping, sampling, geochemical, airborne and ground geophysics)

Calico drill program

Calico updated NI 43-101 resource estimate

AZ Silver technical work (mapping, sampling, geochemical, airborne and IP geophysics)

AZ Silver Phase 1 drill program

Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 $200K

$2.0M $3.0M $500K $500K

$500K

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INVESTOR SUMMARY

A US focused, pure silver play with a significant historic resource base.

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$45M
CASH POST-
FINANCING CLOSE
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$110M ESTIMATED POSTCLOSE MARKET CAP[(1)]

144M 50+% SHARES ISSUED POSTSHARES CONTROLLED TRANSACTION CLOSE[(1)] BY MANAGEMENT AND HIGH NET WORTH / STRATEGIC INVESTORS.

Experienced Unique US Tight Capital Asset Base Structure Team

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Post, 18%
Post, 37%
Pre, 39% Pre, 41%
Post, 26%
Pre, 20%
Post, 19%
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High Net Worth /Strategic Management Institutions Retail

1) Proforma capitalization assumes $40M financing at $0.75 / share.

22

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CAPITAL STRUCTURE

144M 192.8M SHARES ISSUED SHARES FILLY POST TRANSACTION DILUTED POST TRANSACTION

26.7M 21.5M APOLLO WARRANTS APOLLO NEW 12.5M @ $0.25 WARRANTS 4M @ $0.50 26.7M@$1.25 5M@$0.75

1) Proforma capitalization assumes $40M financing at $0.75 / share.

Post Close Capital Structure (millions)

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Apollo New
Stronghold PUC
Warrants ($0.25-$0.47),
($1.25), 26.7 27.0
Stronghold
Founder, 13.0
Apollo New
($0.75), 53.3
Apollo Issued,
51.3
Apollo
Warrants
($0.25-$0.75),
23
21.5
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USE OF PROCEEDS

12 Month Basis

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24
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CONCLUSION

CONSOLIDATED ASSET PURE SILVER PLAY PORTFOLIO PRIMED FOR GROWTH

  • The Apollo team has compiled a top tier group of assets with limited previous exploration and considerable upside through resource growth

SCALABILITY POTENTIAL

  • Both the Calico and AZ Silver projects sit on large properties with previous work indicating district-scale potential

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PREMIUM MANAGEMENT TEAM

  • Apollo is led by a team that has extensive experience in exploration and development

  • • Apollo has hit the ground running, with a detailed plan to realize value on the Calico and AZ Silver projects

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APPENDICES
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26

AZ SILVER HISTORICAL RESOURCE[(1)]

Apollo plans to implement modern exploration techniques to significantly grow the resource

Previous exploration was limited to depth of 45 m

Vein Vein
System
Tonnes Silver Grade
(g/t)
Silver Grade
(oz/t)
Contained Metal
(oz Ag)
Black Rock West 472,665 79.5 2.32 1,207,500
Papago West 332,579 162.8 4.75 1,740,000
State West 114,436 207.4 6.05 762,500
Geronimo West 190,904 168.7 4.92 1,034,500
Padre Kino Central 288,838 37.7 1.1 350,000
Maxie Central 455,243 119 3.47 1,740,000
Revelation East 656,037 154.9 4.52 3,265,500
Amelia
West Clip
East
East
205,390
149,004
238.2
199.9
6.95
5.83
1,572,000
956,500
Clip East 367,608 275.6 8.04 3,255,000
Totals 3,232,706 152.9 4.46 15,883,500

1 2

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CALICO SILVER
HISTORY
HISTORICAL 1960-1994 1994-2020
(1882-1964)
Waterloo
Small high grade Asarco acquires claims in Calico Area in 1964 and Asarco establishes substantial resource of Asarco completesFeasibility Study, Pan American Stronghold signs Purchase Agreement
operation, mining up to acquires 100%
completes significant disseminated silver with P&P silver with PAAS to purchase
50tpd with avg. grades of exploration program mineralization resources of 37.2Mt interest in Waterloo
>700 g/t Ag (25 oz/t) Waterloo Project
@ 2.71 oz/t Ag, 13.4% barite
(1.5 oz/t cut-off grade)
Apollo signs
definitive agreement
1882 - 1892 1964 - 1966 1994 to acquire
LATE 1970s
Stronghold Silver
1880 - 1940 1968 1973 EARLY 1980s 2008 2020
Calico Mining District Superior Oil Co. began Superior completes International Silver Stronghold secures
produces 20m oz Ag exploration around old Langtry resource estimate (reported completes NI 43-101 option to purchase with
between 1880 1940. Mine and discovers bulk by BLM in valuation report) Technical Report (Matson) Athena and Strachan
Largest silver producer in mineable disseminated silver of 22Mt @ 2.37 oz/t (at 1.3 totaling 38.4Mtons of 76.8M to purchase Langtry.
California deposit oz/t cut off) with 3.3:1 strip oz Ag @ 2.0 oz/t with 2.0:1
ratio strip ratio
Langtry
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AZ SILVER HISTORY

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HISTORICAL YUMA METALS NEW JERSEY ZINC ORBEX MINERALS MAGELLAN APOLLO (1883-1893) (1950-1973) (1973-1983) (1983-1997)[(1)] (2012-2020) (2021) Yuma Metals NJZ drills 260 core, Orbex drills Orbex completes Magellan drills 3 controls much of rotary and airtrac 33 RC historical resource core holes (1 of Historical recorded the District and holes totaling 29,741 holes estimate of 15.9M which to confirm production during continues feet, outlining a totaling oz Ag (excluding historical drilling 1883-1893 was 1.56M oz Ag and 2.33M lbs development work in lower levels resource of 3.45Mt @ 3.74 oz/t Ag ~4,100 feet Red Cloud deposit)[(2)] results): 90 ft @ 5.78 oz/t (incl. 10 ft Apollo signs definitive Pb @ 14.6 oz/t) agreement to 1883 - 1893 1950 1973-1981 1990-1991 1991 2014 acquire Stronghold EARLY 1970s 1973-1981 1983-1989 1992-1997 2020 Silver Yuma builds a NJZ completes surface/ Drills 61 RC Drills 111 RC holes Stronghold signs small mill and underground bulk holes totaling totaling 18,567 feet option to purchase produces silversampling for 10,468 feet on to further evaluate agreement with rich metallurgical testing, the principal and develop Gulf-Western. concentrates investigates silver-bearing resources within from muck and development as a small veins; carries fluorspar-bearing pillars in the scale, multiple open pit out additional veins. Most of work upper levels of silver mine with bymetallurgical focused on Black the mine product barite test work to Rock, Padre Kino, improve Silver King and recoveries Princess

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APOLLO SILVER IS
READY FOR LAUNCH.
With our strong portfolio of projects, experienced and passionate
team, and numbers that promise opportunity – we’re ready for our
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REACH OUT TO US AT
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