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Wednesday, October 19, 2011

Apogee Silver Announces 133% Increase in Indicated Silver Resources at Its Pulacayo Silver-Lead-Zinc Deposit

Apogee Silver Announces 133% Increase in Indicated Silver Resources at Its Pulacayo Silver-Lead-Zinc Deposit:

- Indicated silver resource increased by 133% to 5.96 M tonnes grading 153.14 g/t Silver

- Inferred silver resource increased by 38% to 5.42 M tonnes grading 150.61 g/t Silver

- Silver grade 92% higher (Indicated resources) and 53% higher (Inferred resources) previously published resource estimate.

- Increase in total silver ounces in NI 43-101 resource categories to 29.34 million ounces Indicated plus 26.24 million ounces in Inferred categories

- Drilling continues with 4 drills to further expand the silver resources at Pulacayo.

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