Gold Exploration in MEXICO: The Huizopa Project is located in the Sierra Madres in Chihuahua, Mexico - a silver-gold district which is recognized as one of the prolific gold mining regions in the world and has historically produced over 40 million ounces of gold and 2 billion ounces of silver. The Huizopa project is located between Alamos Gold's Mulatos gold-silver project and the Minefinder's Dolores project. Apollo’s property package consists of 170 sq. km to date and the Company has conducted aerial surveys, mapping, geochemical sampling and geophysical surveys which identified three primary geological drill targets. In February 2008 the Company commenced a 30 to 40 hole core drilling program and to date has completd 12 holes.
The initial plan is to complete 30 to 40 core holes totaling approximately 4,000 meters of drilling with helicopter assistance and we expect this to be completed in April 2008. Our targets have excellent potential for both high grade mineralization and broad vein/stockwork mineralization as well as one very large, new surface, gold - silver target. Our contractor Falcon Drilling, specializes in helicopter supported drilling programs at remote exploration sites and has seasoned drilling personnel with experience in Canada and Mexico, as well as Central and South America. In the second quarter of 2008 we hope to commence the construction of a road to enable us to road transport both a core rig and a reverse circular rig so as to expand our drilling program.
Exploration
Update
2008»
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