Apolo Gold Inc. Drilling Program to Commence.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Feb. 18, 2003 Apolo Gold Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: APLL APLL Analog Phase-Locked Loop APLL Associate Product Lead for Logistics (FAA) ) announces that arrangements have been finalized to carry out a drilling program, as recommended by two independent reports, on the NUP n. 1. Same as Nupson. gold and silver property located near Bandar Lumpung, on the island of Sumatra Indonesia. The drilling program will commence in the next two weeks and will be carried out using a size HQ drill. Assay results from the first hole drilled should be available within 30 days of drilling. The first drill holes will be below #7 shaft where previous values of 18.40 grams per ton of gold and 158 grams of silver per ton were previously obtained. (See previous news release dated Sept. 18, 2002.) It is intended that drilling will occur at -45 degrees to attempt to intercept the mineral zone 140 feet below the surface. This is the first of seven drill targets spelled out in the Boronowski report received in September 2002 and further confirmed in November 2002, in an independent report by Peter Bojtos, P.Eng. and reported in news release dated Dec. 9, 2002. The company intends to have an independent consultant review the core samples and submit a report on his findings. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for 2001 as filed with the Securities and Exchange Commission. The company is not obligated ob·li·gate tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates 1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force. 2. To cause to be grateful or indebted; oblige. 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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