Apollo Silver accepted into the US Defense Industrial Base Consortium

Apollo Silver Corp. (“Apollo Silver” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF) is pleased to announce that it has been accepted into the US Defense Industrial Base Consortium (“DIBC”), a US Department of Defense-supported initiative designed to support collaboration between industry, academia and government to advance solutions relevant to US defense and national security priorities.

The DIBC focuses on strategic and critical materials and technologies essential to U.S. national security, including initiatives to improve the resiliency and security of domestic critical mineral supply chains that support defense and industrial applications¹.

Apollo Silver’s US-based Calico Project hosts significant silver mineralization in addition to barite and zinc, which are classified as critical minerals on the USGS Critical Mineral List and play important roles in industrial, infrastructure and defense-related applications.

As a member of the DIBC, Apollo Silver joins a network of traditional and non-traditional defense contractors, research institutions and federal agencies working to rapidly advance innovation. Membership provides the company the opportunity to participate in federally sponsored initiatives related to critical materials supply chains, including the mining and processing of silver, zinc and baryte.

“Apollo Silver’s acceptance into the DIBC reflects the growing strategic importance of US-based critical mineral assets, including silver, following its inclusion on the USGS Critical Mineral List in November 2025,” said Ross McElroy, president and CEO of Apollo Silver. “With one of the largest undeveloped primary silver assets in the United States and meaningful exposure to industrially critical minerals such as barite and zinc, we believe Apollo Silver is well positioned to align with U.S. priorities focused on supply chain security, industrial resilience and national defense.”

ABOUT Apollo Silver Corp.

Apollo Silver is advancing the second largest undeveloped primary silver projects in the US. The Calico Project hosts a large, bulk mineable silver deposit with significant barite and zinc credits – recognized as critical minerals essential to the U.S. energy, industrial and medical sectors. The company also has an option on the Cinco de Mayo project in Chihuahua, Mexico, which hosts a large carbonate replacement (CRD) deposit that is both high-grade and large. Led by an experienced and award-winning management team, Apollo is well positioned to advance its assets and deliver value through exploration and development.

Visit www.apollosilver.com for more information.

ON BEHALF OF THE BOARD OF DIRECTORS

Ross McElroy
Chairman and CEO

For more information please contact:

E-mail: info@apollosilver.com

Phone: +1 (604) 428-6128

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding “Forward-Looking” Information

This press release contains “forward-looking statements” and “forward-looking information” within the meaning of Canadian securities legislation. All statements in this press release, other than statements of historical fact, are forward-looking statements, including, but not limited to, statements regarding the expected benefits of the Company’s acceptance into the US Defense Industrial Base Consortium (“DIBC”), the Company’s ability to maintain its membership in the DIBC and pursue the opportunities arising therefrom, and the advancement and development potential of the Company’s projects, including the Calico Project and the Cinco de Mayo Project. Forward-looking statements include forecasts, projections and forecasts and are often, but not always, identified by the use of words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, “potential”, “goal”, “budget” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” be achieved and other similar expressions and include the negatives thereof.

Forward-looking statements are based on the reasonable assumptions, estimates, analyzes and opinions of the Company’s management, made in light of its experience and perception of trends, current conditions and expected developments, as well as other factors that the Company’s management believes to be relevant and reasonable in the circumstances as of the date such statements are made. Forward-looking information is based on reasonable assumptions made by the Company as of the date of such information and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from the values ​​expressed or implied in such forward-looking information, including but not limited to: risks relating to the Company’s ability to maintain DIBC membership and realize the expected benefits therefrom; changes in government priorities, programs, financing or procurement processes; the risk that membership of the DIBC will not result in specific contracts, financing or other opportunities; risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company’s projections and estimates; realization of mineral resource estimates, interest rates and exchange rates; competition; fluctuations in stock prices; availability of drilling equipment and access; actual results of ongoing exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operational or technical problems associated with development activities; employee relations; and changes in project parameters as plans are further refined. Forward-looking statements are based on assumptions that management believes reasonable, including but not limited to the price of silver, gold and barite; the demand for silver, gold and barite; the ability to conduct exploration and development activities; the timely receipt of any necessary approvals; the ability to obtain qualified personnel, equipment and services in a timely and cost-efficient manner; the ability to operate safely, efficiently and effectively; and the regulatory framework relating to environmental matters, and other assumptions and factors set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate or actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking information contained herein except in accordance with applicable securities laws. The forward-looking information contained herein is intended to assist investors in understanding the Company’s expected financial and operating performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

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1} https://www.dibconsortium.org/