# Apollo Silver Reports Ejido Benito Ju&amp;\#xE1;rez to Reconvene Assembly on Cinco de Mayo Access Agreement

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--ebd4b6ee-a616-4b24-a74f-45b34e918bac

Original source: https://orestocks.com/company/APGO.V/press-releases/8929746145652633

Publisher: orestocks

Original announcement: 2026-09-21T14:39:42.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Apollo Silver Corp.

- Ticker: APGO.V

- Exchange: Unavailable

- Region: Chihuahua, Mexico

- Primary commodity: Silver

- Secondary commodities: Lead, Zinc, Gold, Copper

- Document categories: Drill results, Permitting, Resource update

- Extracted: 2026-09-21 15:49:39 UTC

Narrative sentiment: -0.20 · Bearish

## Minestarters Atlas summary

Apollo Silver reports that a community assembly in Chihuahua, Mexico, intended to discuss lifting an exploration moratorium and an access agreement, was adjourned due to a lack of quorum. The company notes this is a routine part of the Ejido process and expects a reconvened assembly in October. The release also restates historical 2012 resource data and a notable drill intercept from the Pegaso Zone.

Reasoning: The document reports a delay in community access negotiations due to a lack of quorum, which is a procedural setback, though the company frames it as routine.

- Positive factor: Routine two-stage assembly process under Mexican law

- Positive factor: Strong ongoing engagement with the Ejido

- Negative factor: Lack of quorum delayed the first assembly

- Negative factor: Ongoing moratorium on exploration and development

Facts used in scoring: 9

## Classification and evidence

**Permit Challenge Outstanding**

Polarity: negative

Story-specific tag

Definition: An appeal or legal challenge is unresolved, which can defer first production indefinitely.

Why it applies: The Ejido assembly to lift the moratorium on exploration was adjourned due to lack of quorum.

Evidence · text

> the assembly convened for this purpose on September 20, 2026, was adjourned before business was conducted, and the Company understands that this was due to a lack of quorum.

**Historical Estimate Only**

Polarity: negative

Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The document references a 2012 MRE that is explicitly labeled as historical and not to be relied upon as current.

Evidence · text

> This 2012 historical MRE referenced above is considered historical in nature and the reader is cautioned not to treat this estimate as current Mineral Resources

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The 2012 historical resource is categorized as Inferred.

Evidence · text

> Inferred MRE was estimated to total 12.45 million tonnes at 132 grams per tonne silver

## Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

## Drill Results (5)

### CM-12-431

[Link to this fact](https://atlas-extractions.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--ebd4b6ee-a616-4b24-a74f-45b34e918bac#fact-drill-facts-4)

Cinco de Mayo · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CM-12-431
- Project: Cinco de Mayo
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: APGO.V

#### Geometry

- Grade: 349
- Grade Unit: g/t
- Intercept: 61.6 m
- From: 927 m
- To: 988.6 m
- Intercept Depth: 927 m

#### Classification

- Sample Type: drill
- Group ID: CM-12-431:927-988.6

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2012-07-18T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Strong historical intercept in the Pegaso Zone.

- Positive factor: High grade AgEq intercept

Evidence · text

> 349 g/t AgEq over 61.60 m from 927 m downhole

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "A potential new discovery, the Pegaso Zone was drilled in 2012 and consists of 61.6 metres of massive sulphide intersect"

### CM-12-431

[Link to this fact](https://atlas-extractions.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--ebd4b6ee-a616-4b24-a74f-45b34e918bac#fact-drill-facts-5)

Cinco de Mayo · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CM-12-431
- Project: Cinco de Mayo
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: APGO.V

#### Geometry

- Grade: 0.78
- Grade Unit: g/t
- Intercept: 61.6 m
- From: 927 m
- To: 988.6 m
- Intercept Depth: 927 m

#### Classification

- Sample Type: drill
- Group ID: CM-12-431:927-988.6

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2012-07-18T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Historical gold grade component of the Pegaso Zone intercept.

Evidence · text

> 0.78 g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "A potential new discovery, the Pegaso Zone was drilled in 2012 and consists of 61.6 metres of massive sulphide intersect"

### CM-12-431

[Link to this fact](https://atlas-extractions.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--ebd4b6ee-a616-4b24-a74f-45b34e918bac#fact-drill-facts-6)

Cinco de Mayo · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CM-12-431
- Project: Cinco de Mayo
- Commodity: copper
- Region: mexico
- Reported Region: mexico
- Ticker: APGO.V

#### Geometry

- Grade: 0.13
- Grade Unit: %
- Intercept: 61.6 m
- From: 927 m
- To: 988.6 m
- Intercept Depth: 927 m

#### Classification

- Sample Type: drill
- Group ID: CM-12-431:927-988.6

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2012-07-18T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Historical copper grade component of the Pegaso Zone intercept.

Evidence · text

> 0.13% Cu

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "A potential new discovery, the Pegaso Zone was drilled in 2012 and consists of 61.6 metres of massive sulphide intersect"

### CM-12-431

[Link to this fact](https://atlas-extractions.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--ebd4b6ee-a616-4b24-a74f-45b34e918bac#fact-drill-facts-7)

Cinco de Mayo · lead

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CM-12-431
- Project: Cinco de Mayo
- Commodity: lead
- Region: mexico
- Reported Region: mexico
- Ticker: APGO.V

#### Geometry

- Grade: 2.1
- Grade Unit: %
- Intercept: 61.6 m
- From: 927 m
- To: 988.6 m
- Intercept Depth: 927 m

#### Classification

- Sample Type: drill
- Group ID: CM-12-431:927-988.6

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2012-07-18T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Historical lead grade component of the Pegaso Zone intercept.

Evidence · text

> 2.1% Pb

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "A potential new discovery, the Pegaso Zone was drilled in 2012 and consists of 61.6 metres of massive sulphide intersect"

### CM-12-431

[Link to this fact](https://atlas-extractions.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--ebd4b6ee-a616-4b24-a74f-45b34e918bac#fact-drill-facts-8)

Cinco de Mayo · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CM-12-431
- Project: Cinco de Mayo
- Commodity: zinc
- Region: mexico
- Reported Region: mexico
- Ticker: APGO.V

#### Geometry

- Grade: 7.3
- Grade Unit: %
- Intercept: 61.6 m
- From: 927 m
- To: 988.6 m
- Intercept Depth: 927 m

#### Classification

- Sample Type: drill
- Group ID: CM-12-431:927-988.6

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2012-07-18T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Historical zinc grade component of the Pegaso Zone intercept.

Evidence · text

> 7.3% Zn

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "A potential new discovery, the Pegaso Zone was drilled in 2012 and consists of 61.6 metres of massive sulphide intersect"

## Resource Estimates (4)

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--ebd4b6ee-a616-4b24-a74f-45b34e918bac#fact-resource-facts-0)

Cinco de Mayo · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Cinco de Mayo
- Commodity: silver
- Region: mexico
- Reported Region: Chihuahua, Mexico
- Ticker: APGO.V

#### Resource scope

- Estimate type: resource
- Resource group id: resource:98962cf06a0f213d8fc3

#### Resource Data

- Category: inferred
- Tonnes: 12450000
- Grade: 132
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2012-03-07T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Restatement of 2012 historical data.

- Negative factor: Historical data should not be relied upon as current

Evidence · text

> Inferred MRE was estimated to total 12.45 million tonnes at 132 grams per tonne silver

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 14.5 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--ebd4b6ee-a616-4b24-a74f-45b34e918bac#fact-resource-facts-1)

Cinco de Mayo · lead

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Cinco de Mayo
- Commodity: lead
- Region: mexico
- Reported Region: Chihuahua, Mexico
- Ticker: APGO.V

#### Resource scope

- Estimate type: resource
- Resource group id: resource:98962cf06a0f213d8fc3

#### Resource Data

- Category: inferred
- Tonnes: 12450000
- Grade: 2.86
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2012-03-07T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Restatement of 2012 historical data.

Evidence · text

> 2.86 per cent \("% Pb"\) lead

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 14.5 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--ebd4b6ee-a616-4b24-a74f-45b34e918bac#fact-resource-facts-2)

Cinco de Mayo · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Cinco de Mayo
- Commodity: zinc
- Region: mexico
- Reported Region: Chihuahua, Mexico
- Ticker: APGO.V

#### Resource scope

- Estimate type: resource
- Resource group id: resource:98962cf06a0f213d8fc3

#### Resource Data

- Category: inferred
- Tonnes: 12450000
- Grade: 6.47
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2012-03-07T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Restatement of 2012 historical data.

Evidence · text

> 6.47 %t zinc \("Zn"\)

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 14.5 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/apollo-silver-reports-ejido-benito-ju-xe1-rez-to-reconvene-assembly-on-cinco-de--ebd4b6ee-a616-4b24-a74f-45b34e918bac#fact-resource-facts-3)

Cinco de Mayo · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Cinco de Mayo
- Commodity: gold
- Region: mexico
- Reported Region: Chihuahua, Mexico
- Ticker: APGO.V

#### Resource scope

- Estimate type: resource
- Resource group id: resource:98962cf06a0f213d8fc3

#### Resource Data

- Category: inferred
- Tonnes: 12450000
- Grade: 0.24
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2012-03-07T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Restatement of 2012 historical data.

Evidence · text

> 0.24 g/t \("Au"\)

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 14.5 years before this release

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
