# Silver Added to USGS 2025 List of Critical Minerals Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/silver-added-to-usgs-2025-list-of-critical-minerals--367da39f-6ee8-432f-8b28-e44c3b5805ff Original source: https://money.tmx.com/en/quote/APGO/news/5216081420238422/silver-added-to-usgs-2025-list-of-critical-minerals Publisher: tmx Original announcement: 2025-11-06T23:32:49.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Apollo Silver Corp. - Ticker: APGO - Exchange: TSX - Region: California - Primary commodity: Silver - Secondary commodities: Barite, Zinc - Document categories: Resource update, Other - Extracted: 2026-09-15 11:05:10 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Apollo Silver Corp. announces that the US government has added silver to the USGS 2025 List of Critical Minerals, potentially streamlining permitting for its Calico Silver Project. The company notes its Calico Project holds the second largest primary silver deposit in the US. Reasoning: The announcement focuses on the strategic importance of silver being added to the USGS critical minerals list, which provides a macro tailwind for the company's Calico Project, though the resource data itself is a restatement of previous releases. - Positive factor: Silver designation as a US critical mineral provides potential for streamlined permitting and subsidies - Positive factor: Project positioning as a major US silver asset is enhanced by strategic designation Facts used in scoring: 2 ## Classification and evidence **Nearology Play** Polarity: neutral Story-specific tag Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The company highlights its project's status as the 2nd largest primary silver asset in the US to drive value. Evidence · text > hosts the country's 2nd largest primary silver deposit in the US ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-added-to-usgs-2025-list-of-critical-minerals--367da39f-6ee8-432f-8b28-e44c3b5805ff#fact-resource-facts-0) Calico Silver Project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Calico Silver Project - Commodity: silver - Region: california - Reported Region: California - Ticker: APGO #### Resource scope - Estimate type: resource - Resource group id: resource:0ba1360b3ea8157041eb #### Resource Data - Category: indicated - Tonnes: 55000000 - Grade: 71 - Grade Unit: g/t - Contained Metal: 125 - Contained Unit: moz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-09-04T00:00:00.000Z #### Dates - Event date: 2025-11-06T00:00:00.000Z Reasoning: Restatement of previously announced MRE data. - Positive factor: High grade and significant tonnage Evidence · text > combined Measured and Indicated total of 55 million tonnes \(“Mt”\) at a grade of 71 grams per tonne \(“g/t”\) for a total of 125 million ounces \(“Moz”\) of silver \(“Ag”\) #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-added-to-usgs-2025-list-of-critical-minerals--367da39f-6ee8-432f-8b28-e44c3b5805ff#fact-resource-facts-1) Calico Silver Project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Calico Silver Project - Commodity: silver - Region: california - Reported Region: California - Ticker: APGO #### Resource scope - Estimate type: resource - Resource group id: resource:26c41b17f7d4da18c3e7 #### Resource Data - Category: inferred - Tonnes: 17600000 - Grade: 71 - Grade Unit: g/t - Contained Metal: 58 - Contained Unit: moz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-09-04T00:00:00.000Z #### Dates - Event date: 2025-11-06T00:00:00.000Z Reasoning: Restatement of previously announced MRE data. - Positive factor: Significant inferred resource scale Evidence · text > Inferred total of 17.6 Mt at a grade of 71g/t Ag for a total of 58 Moz Ag #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ## 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.