Mr. Ross McElroy reports

APOLLO SILVER ACCEPTED INTO U.S. DEFENSE INDUSTRIAL BASE CONSORTIUM

Apollo Silver Corp. has received acceptance into the U.S. Defense Industrial Base Consortium, a U.S. Department of Defence-supported initiative designed to support collaboration across industry, academia and government in advancing solutions relevant to U.S. defence 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 resilience and security of domestic critical mineral supply chains that support defence and industrial applications.

Apollo Silver's United States-based Calico project hosts significant silver mineralization alongside barite and zinc, which are classified as critical minerals on the USGS list of critical minerals and play important roles in industrial, infrastructure and defence-related applications.

As a member of the DIBC, Apollo Silver joins a network of traditional and non-traditional defence contractors, research institutions and federal agencies working to advance innovation at speed. Membership provides the company with opportunities to engage in federally sponsored initiatives related to critical material supply chains, including the mining and processing of silver, zinc and barite.

"Apollo Silver's acceptance into the DIBC reflects the growing strategic importance of U.S.-based critical mineral assets, including silver, following its inclusion on the USGS list of critical minerals in November, 2025," said Ross McElroy, president and chief executive officer of Apollo Silver. "With one of the largest undeveloped primary silver assets in the United States and meaningful exposure to industrial 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 defence."

About Apollo Silver Corp.

Apollo Silver is advancing the second-largest undeveloped primary silver projects in the United States. The Calico project hosts a large, bulk minable 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 holds an option on the Cinco de Mayo project in Chihuahua, Mexico, which is host to a major carbonate replacement deposit that is both high grade and large tonnage. Led by an experienced and award-winning management team, Apollo is well positioned to advance the assets and deliver value through exploration and development.

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