Our producing mine is the Montana Tunnels mine located five miles west of Jefferson City, Montana. It is a 50/50 joint venture with Elkhorn Tunnels LLC and Apollo is the operator. The mine is an open pit poly metallic operation. Production includes gold and silver dore, lead-gold and zinc-gold concentrate. The mill is expected to operate at an average rate of 14,000 tons per day.  |
The Black Fox Project is in the advanced development phase and is located 40 miles east of Timmins in Ontario, Canada within the Destor-Porcupine gold district. Apollo Gold recently announced the results of an updated mineral reserve estimate of 1,330,000 ounces of gold reserves at Black Fox. The new mineral reserve estimate was prepared by SRK Consulting (“SRK”), Denver, Colorado. SRK has confirmed that the reserve study complies in all respects with Canadian National Instrument 43-101 (“NI 43-101”) guidelines.
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The Huizopa Project is located in the Sierra Madres in Chihuahua, Mexico - a silver-gold district which is recognized as one prolific gold mining regions in the world.
The Huizopa project is located between Alamos Gold's Mulatos gold silver project and the Minefinder's Dolores project. We have a land position of 170 Sq. Km. A preliminary drilling program was commenced in February 2008. |
