# Apollo Silver Reports Ejido Benito Juárez to Reconvene Assembly on Cinco de Mayo Access Agreement Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/apollo-silver-reports-ejido-benito-jua-rez-to-reconvene-assembly-on-cinco-de-may--23be5be5-6c4f-4864-a6f6-7531448634bc Original source: https://www.globenewswire.com/news-release/2026/09/21/3365628/0/en/apollo-silver-reports-ejido-benito-ju%c3%a1rez-to-reconvene-assembly-on-cinco-de-mayo-access-agreement.html Publisher: globenewswire Original announcement: 2026-09-21T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Apollo Silver Corp. - Ticker: APGO - 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 16:34:34 UTC Narrative sentiment: -0.20 · Bearish ## Minestarters Atlas summary Apollo Silver reports that a community assembly in Mexico intended to discuss lifting a mining moratorium on the Cinco de Mayo project was adjourned due to a lack of quorum. A second assembly is expected to reconvene in October to consider a long-term access agreement. Reasoning: The announcement reports a delay in the community assembly process required to lift a mining moratorium, though the company frames it as a routine procedural step. - Positive factor: Routine two-stage assembly process described - Positive factor: Strong ongoing engagement with the Ejido - Negative factor: Lack of quorum delayed the first assembly - Negative factor: Moratorium on exploration and development remains in place Facts used in scoring: 7 ## 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: A community assembly to lift a mining moratorium failed to reach a quorum, delaying access. 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 contains a 2012 Mineral Resource Estimate 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 ## Extracted facts Stored fact records: 7. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### CM-12-431 [Link to this fact](https://atlas-extractions.minestarters.com/news/apollo-silver-reports-ejido-benito-jua-rez-to-reconvene-assembly-on-cinco-de-may--23be5be5-6c4f-4864-a6f6-7531448634bc#fact-drill-facts-1) 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 #### 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: 2012-01-01T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Significant 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 **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-jua-rez-to-reconvene-assembly-on-cinco-de-may--23be5be5-6c4f-4864-a6f6-7531448634bc#fact-drill-facts-2) 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 #### Geometry - Grade: 89 - 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: 2012-01-01T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Component of the AgEq intercept. Evidence · text > 89 g/t Ag #### 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 **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-jua-rez-to-reconvene-assembly-on-cinco-de-may--23be5be5-6c4f-4864-a6f6-7531448634bc#fact-drill-facts-3) 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 #### 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: 2012-01-01T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Component of the AgEq 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 **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-jua-rez-to-reconvene-assembly-on-cinco-de-may--23be5be5-6c4f-4864-a6f6-7531448634bc#fact-drill-facts-4) 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 #### 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: 2012-01-01T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Component of the AgEq 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 **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-jua-rez-to-reconvene-assembly-on-cinco-de-may--23be5be5-6c4f-4864-a6f6-7531448634bc#fact-drill-facts-5) 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 #### 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: 2012-01-01T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Component of the AgEq 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 **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-jua-rez-to-reconvene-assembly-on-cinco-de-may--23be5be5-6c4f-4864-a6f6-7531448634bc#fact-drill-facts-6) 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 #### 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: 2012-01-01T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Component of the AgEq 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 **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 (1) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/apollo-silver-reports-ejido-benito-jua-rez-to-reconvene-assembly-on-cinco-de-may--23be5be5-6c4f-4864-a6f6-7531448634bc#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 #### Resource scope - Estimate type: resource - Resource group id: resource:98962cf06a0f213d8fc3 #### Resource Data - Category: inferred - Tonnes: 12450000 - Grade: 132 - Grade Unit: g/t - Contained Metal: 52700000 - Contained Unit: oz #### 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: Represents a 2012 historical estimate provided for context. - Negative factor: Historical data, not current Evidence · text > Inferred MRE was estimated to total 12.45 million tonnes at 132 grams per tonne silver \(“g/t Ag”\), 2.86 per cent \(“% Pb”\) lead and 6.47 %t zinc \(“Zn”\) and 0.24 g/t \(“Au”\) \(See Apollo Silver’s news release dated March 7, 2025\). #### 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 **Stale Estimate** Polarity: negative Definition: Effective date is >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.