Mr. Ross McElroy reports

APOLLO SILVER ENTERS INTO INVESTOR RELATIONS AGREEMENT

Apollo Silver Corp. has entered into an investor relations agreement with Matthews Investments to provide investor relations services to the company, as defined in accordance with the policies of the TSX Venture Exchange and applicable securities laws. Matthews Investments will receive consideration of $7,000 per month, payable monthly in arrears, for an initial term of three months, with the option for the company to renew on a quarterly basis thereafter.

Matthews Investments, a company based in Vancouver, B.C., provides IR consulting services for public companies. Founding chief executive officer Richard Matthews is an IR expert with more than 15 years of experience and with deep expertise in the mining industry. He has held senior management and board roles at Canadian publicly listed companies and has run highly successful, international IR programs. Neither Matthews Investments nor any of its principals hold, directly or indirectly, any securities of Apollo; however, they have advised that they may participate in a future financing or acquire shares in the open market.

The agreement is subject to the approval of the TSX-V.

About Apollo Silver Corp.

Apollo has assembled an experienced and technically strong leadership team that has joined to advance quality precious metals projects in sought-after jurisdictions. The company is focused on advancing its portfolio of two prospective silver exploration and resource development projects: the Calico project in San Bernardino county, California, and the Cinco de Mayo project in Chihuahua, Mexico.