Apollo Silver's Calico study estimates USD 737 million after-tax NPV

• Apollo Silver announced a positive preliminary economic assessment for its Calico silver project in California on Oct. 29, 2026.
• The assessment estimates an after-tax net present value of USD 737.26 million at a 5% discount rate, assuming silver at USD 55/oz.
• Initial capital is estimated at USD 632.87 million, with an after-tax internal rate of return of 25%.
• The Waterloo operation would produce approximately 5 million ounces of silver annually over a 15-year processing life.
• Development priorities include securing water rights and confirming power connections as the project advances toward a prefeasibility study.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Apollo Silver Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610290700PRIMZONECNPR____9855767) on October 29, 2026, and is solely responsible for the information contained therein.