Apollo Gold Corporation

Apollo Gold Corporation

April 28, 2008 09:39 ET

Apollo Gold Updates Montana Tunnels Mine Production

DENVER, COLORADO--(Marketwire - April 28, 2008) - Apollo Gold Corporation ("Apollo") (TSX:APG) (AMEX:AGT) announced today that a maintenance issue occurred over the weekend at its Montana Tunnels' mill processing facility. Ore is processed at the mill through a primary and secondary crushing circuit which is followed by a semi-autogenous mill and ball mill grinding circuit. The maintenance issue concerns a crack in the shell of the ball mill. The Montana Tunnels mill complex is expected to be down for approximately two weeks while the ball mill is repaired.

R. David Russell, President and CEO of Apollo, said, "Year to date the mill has performed well and is ahead of plan on production of both lead and zinc concentrates and it is therefore unfortunate to see the normal course of business interrupted, however, maintenance issues do arise from time to time. We have an excellent management team and maintenance crew at Montana Tunnels whom we expect will be able to handle the ball mill repairs. Currently we have approximately 12 days of concentrates production in stock awaiting shipment and in the short term the plan is to continue to mine and stockpile ore from the open pit through the first week the mill is shut-down for repairs. The mine crews are then expected to be idled for the second week until the mill repair is complete. We will update the market on the expected timeframe of the mill repairs later this week."

Apollo Gold Corporation

Apollo is a gold mining and exploration company which operates the Montana Tunnels Mine, which is a 50% joint venture with Elkhorn Tunnels, LLC, in Montana, the Black Fox advanced stage development project in Ontario, Canada, and the Huizopa project, an early stage exploration project in the Sierra Madres in Chihuahua, Mexico.


This press release includes "Forward-Looking Statements" within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements can be identified by the use of words such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "intends," "continue," or the negative of such terms, or other comparable terminology. All statements regarding estimated repair times for the Montana Tunnels ball mill and continuance of production at Montana Tunnels are forward-looking statements that involve various risks and uncertainties. There is no assurance that the proposed repair of the Mill will be completed on schedule. All forward-looking statements included in this press release are based on information available to Apollo on the date hereof. Apollo assumes no obligation to update any forward-looking statements.

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