Apolo Gold & Energy, Inc. — APLL
Stock Guru Profile: http://stockguru.com/profiles/apll/index.php
The President of Apolo Gold & Energy Inc. is Peter Bojtos P.Eng. He filled Stock Guru in on some of the details of the Nevada Mining Project known as the Beowawe Project. He described Beowawe as a whistle stop in the Nevadan desert. However, this has historically been an area rich in gold. Newmont Mining has two mines northwest of Carlin, Nevada, which is roughly no more than thirty-five miles away from the Beowawe property. Link here for a Mapquest map of northern Nevada indicating the drive from Carlin to Beowawe.
It was in this Northern Nevadan desert that Apolo began a drilling program this past summer. The program was designed to test the down dip projections of several steeply dipping quartz veins that cross the property in an east-west direction.
The property covers the intersection of the Northern Nevada Rift with the more locally prominent Malpais range-front fault zone. The Malpais fault zone controls the location of the Beowawe geothermal field in the project area. The Beowawe property encompasses one of the largest and hottest active hot spring systems in the Great Basin. Surficial sinters and near-surface siliceous veins are still being precipitated.
Stay tuned for more on this company and more on the Nevada Property.
Source: Apolo Gold & Energy, Inc. and Peter Bojtos P.Eng.
APLL — Apolo Gold & Energy, Inc.
1209-409 Granville Street
Vancouver, BC V6C 1T2 Canada
Phone: 604-687-4150
Website: http://www.apologold.com
Safe Harbor Statement: All statements contained herein, as well as oral statements that may be made by the Company or by officers, directors or employees of the Company acting on the Company’s behalf, that are not statements of historical fact, constitute “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such risks and uncertainties are outlined in the Company’s Annual Report on Form 10-K for 2005 as filed with the Securities and Exchange Commission. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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