Report For Langtry Silver-Barite Project

VANCOUVER - Apollo Silver Corp. has filed an independent technical report for the Langtry Silver-Barite Project, located in San Bernardino County, California. The Technical Report was prepared in accordance with National Instrument 43-101 (N.I. 43-101) Standards of Disclosure for Mineral Projects by Global Resource Engineering, of Denver, Colorado. The Technical Report is the first N.I. 43-101 filed for the Langtry Project and provides a comprehensive history of the project. There are no material differences in the Technical Report from the information disclosed in previous Apollo disclosure.

The Langtry and nearby Waterloo projects are Apollo’s cornerstone silver-barite projects located near Barstow, California. At Langtry, an extensive amount of historical technical work has been completed by over a period of 40 years by previous operators Superior Oil and Athena Minerals Corp. Work programs included geological mapping, geochemical sampling, surface trenching and drilling (approximately 20,710 meters (67,946 feet) in 161 drill holes in the database for the Technical Report). A historic resource estimate was completed in 2012 by SRK for Athena Minerals Corp., based on Athena’s 2012 drilling and validated Superior Oil data. The historical resource estimate comprises 12.7 million tons grading 1.48 ounce per tonne for a total of 18.8 million ounces of contained silver in the Indicated category and 30.4 million tons grading 1.40 ounce per tonne for a total of 42.6 million ounces of silver in the Inferred Category. The reader is cautioned that this resource estimate is historical in nature and the Company is not treating it, or any part of it, as a current mineral resource.