M&A / Property
Apollo Silver accepted into U.S. defence consortium

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Executive Summary
- Apollo Silver Corp. has been accepted into the U.S. Defense Industrial Base Consortium (DIBC), a Department of Defense-supported initiative focused on advancing critical mineral supply chains and national security solutions.
- The membership highlights the strategic value of Apollo’s U.S.-based Calico project, which hosts significant silver, barite, and zinc deposits classified as critical minerals by the USGS.
- As a DIBC member, Apollo will gain access to federally sponsored initiatives and a network of defense contractors, research institutions, and federal agencies focused on mining, processing, and supply chain resilience for these materials.
Key Details
- Consortium Acceptance: Officially accepted into the U.S. Defense Industrial Base Consortium (DIBC), a DoD-supported network designed to accelerate collaboration across industry, academia, and government.
- DIBC Strategic Focus: Concentrates on strategic and critical materials/technologies essential to U.S. national security, specifically improving the resilience and security of domestic critical mineral supply chains for defense and industrial applications.
- Calico Project Mineralization: Hosts significant silver mineralization alongside barite and zinc, all classified as critical minerals on the USGS list with applications in industrial, infrastructure, and defense sectors.
- Membership Benefits: Provides opportunities to engage in federally sponsored initiatives related to the mining and processing of silver, zinc, and barite.
- USGS Critical Minerals Context: CEO notes the strategic alignment follows silver's inclusion on the USGS list of critical minerals in November 2025.
- Project Scale & Status: Calico is characterized as one of the largest undeveloped primary silver assets in the United States.
- Additional Asset Portfolio: Company holds an option on the Cinco de Mayo project in Chihuahua, Mexico, which hosts a major high-grade, large-tonnage carbonate replacement deposit.
Notable Quotes
- "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."
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May 11, 2026 · 08:55