Research, Report & Profiling Services by IPOdesktop.com

Apolo Gold

Stock symbol: OTC BB:APLL.OB Average daily volume: 360,409 Stock price 4/27/04: $.23 Common shares (4/23): 49,094,589 52-week price range: $0.04 - $.495 Equity market capitalization: $11.3 million

Recent News Stock Price Chart SEC Filings Listen to the Interview with Brant Little, Advisor to the Board April 27, 2004

SUMMARY

Going from gold and silver exploration to production.

Apolo estimates it will produce 15,000 ounces of gold in the next 12 months, and also expects to recover 200,000 ounces of silver in the next 12 months.

At current gold prices of $395/oz gold revenue should exceed $6 million. At current silver prices of $7.00/oz silver proceeds should more than cover all operating costs.

The estimated gross margin for gold is under $100/oz.

Previous public calculations by professional engineers/geologists have indicated that the KBU (see below) resource contains an initial inferred resource in excess of 1 million ounces of gold equivalent.

Address: Apolo Gold 1458 - 409 Granville Street, Vancouver, BC V6C 1T2 Telephone: 604-687-4150 CEO: Martial Levasseur Web Site: http://www.apologold.com State or other jurisdiction of incorporation or organization: Nevada Independent Auditors: Williams & Webster, P.S Investor contact: Brant W. Little B.B.A., 604-484-8881

MINING FOCUS

Based on KBU/NUP properties.

• Current production: Gold, Silver.

• The company has discovered a quartz carbonate vein that is 1.25 meters in width on the KBU property. Good gold and silver values are generally with quartz carbonate veins.

• Apolo Gold is continuing with its program of exploration on its adjoining NUP property. An underground audit, designed to cross-cut several parallel vein structures, is about 50% completed.

• APLL has also discovered significant copper mineralization on its Napal Gold Property. (NUP, see below)

HIGH GROSS MARGINS

Open pit mining on the KBU (see below) property.

• Initial mining is in a designated area 250 ft by 150 ft by 50 ft.

• It is open pit mining because the ore is very soft and does not require drilling and blasting.

• Contains 170,000 tonnes of ore, representing two years of production.

• Ore can be mined by an excavator, loaded onto a truck and processed at a mill that is only 200 feet away.

Mill Processing

• The mill can process 250-300 tons per day. After processing is completed, the solutions are passed through an electrowinning system that processes gravity concentrates. Resulting gold and silver are sent to a refinery on Java for final processing.

• APLL has entered into a lease/purchase agreement for the mill, and payment for the mill will be made from proceeds of production.

PROPERTY LOCATION, SIZE & HISTORY

Location — southern tip of the Island of Sumatra, Indonesia

• Two adjacent properties, NUP & KBU, both located in an area of Indonesia with significant historical mining activity.

• 25 miles from Bandar Lampung, which is one hour by jet from Jakarta.

• Combined total of 4,120 acres (1,667.2) hectares for mining purposes.

• Elevation of 400 meters above sea level, rolling hills covered by mostly secondary forests and cleared areas.

• 250-300 per day ton mill located on KBU that can process ore from both properties.

Napal Umbar Picung (NUP)

• 1,814 acres (734 hectares).

• Located along the eastern edge of a caldera (volcano) and related to a major fault system associated with and including the Sumatra Fault System. (see below)

• KBU: 2305 acres (933 hectares) and is immediately adjacent to the NUP property.

• There is an area history of success allowing redemption of capital and profits.

AREA GEOLOGY

• The island of Sumatra lies along a major zone sumatra Fault & Sunda arc system. The Indian-Australian Plate is subducting under the southwester margin of the Eurasian Plate.

• The Sunda magmatic arc extends along the length of these islands. The arc has given rise to extensive volcanic activity and mineral emplacement for the past quarter billion years.

• All the major regional faults of southern Sumatra, which provided the main conduits for mineralizing fluids to enter the area, pass through or near the NUP and KBU properties.

• From a geologist's report, "It is quite evident that the ground has been well prepared geologically and as a result, a lot of gold and silver has been emplaced in this large epithermal system."

EXPLORATION AGREEMENTS

• NUP: semi annual payments of $25,000 each, in March and in September. Last payment due September, 2008. $100,000 has been paid with $225,000 owing. Apolo retains 80% of net profits.

• KBU: Five year payment plan for $2.5 million, $50,000 has been paid. 3 million shares of 144 stock issued in blocks of 1 million shares, January 15, 2004, June 15, 2004, January 15, 2005. APLL retains 80% of net profits.

PRODUCTION PERMITS

• NUP has a production permit which is in good standing until 2009.

• KBU has two production permits and has had significant previous work performed on it.

CORPORATE TAXES & ROYALTY TO GOVERNMENT

• Royalties: gold, 3.75% of net refinery production; silver, 3.25% of net refinery production.

• Corporate income tax rates: 35% with the usual depreciation and amortization allowances.

FINANCIAL

• The working capital position of APLL is in excess of $400,000, which is sufficient for commencement of production at the rate of 200-300 tons per day.

MANAGEMENT AND RESOURCE TEAM

Martial Levasseur, CEO

Mr. Levasseur is President and CEO. Mr. Levasseur's business experience is as follows:

1993-1997 Consultant - La Rock Mining Corp. of Vancouver BC. Studying various projects for La Rock.

1968-1993 President - Consolidated Silver Tusk Mines Ltd, in the Northwest Territories. Managed and supervised the exploration and development of all properties. One mine went into full production. Became Vice President in 1994 as was busy developing other properties not related to Consolidated Silver Tusk Mines Ltd.

Robert E. Lee, Director

Dr.Robert E. Lee L.D.S. D.D.S FIAOMT,Vice- President company & co-founder since 1992. Dr. Lee has been involved in development of precious metal resources in Canada, Africa, U.S.A. & Indonesia. Dental Surgeon from 1963-1993 when he retired.

Robert G. Dinning C.A. , Director and C.F.O.

Mr. Dinning is a Chartered Accountant, and member in good standing of the Alberta and Canadian Institute of Chartered Accountants. Mr. Dinning has Operated his own Business and Management Consulting business since 1977, in the forestry, mining, and software/high tech industries. Mr. Dinning has been active as a Director and Officer and consultant in various public companies over the past 30 years. Prior to commencing his consulting business, Mr. Dinning was CFO and Secretary of a large publicly traded broadcast and sports Entertainment Company.

Advisors to the Board:

Peter Bojtos, P. Eng

Mr. Bojtos is a graduate of Leicester University in England with a B.Sc. Honors degree in Geology and is a Professional Engineer with over 30 years of worldwide experience in all aspects of mining. This includes evaluation of properties in 80 countries throughout the world. Mr. Bojtos is currently a director of several public resource Companies and has participated in the development or building of 19 mines and has assisted in the operation of 24 producing mines around the world. Mr. Bojtos has a strong background in corporate management as well as exploration and property evaluation, and project financing. Mr. Bojtos has been to the Sumatra property and his continuing advice will be invaluable.

Brant W. Little, B. B.A.

Mr. Little has raised in excess of $100 million during his 25 year investment banking career. For more than two decades he has served has served as a Director/Advisor of a number of precious metal resource companies. Mr. Little was born and raised in Edinburgh, Scotland and received a B.B.A. from Edinburgh University.

IPOdesktop (ID) SAFE HARBOR STATEMENT: Statements contained in this document, including those pertaining to estimates and related plans, potential mergers and acquisitions, estimates, growth, establishing new markets, expansion into new markets and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made. ID provides no assurance as to the subject company's plans or ability to effect any planned and/or proposed actions. ID has no first-hand knowledge of management and therefore cannot comment on its capabilities, intent, resources, nor experience and makes no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company or its agent and related sources believed by ID to be reliable, but ID provides no assurance, and none is given, as to the accuracy and completeness of this information.

DISCLAIMER: The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Past performance is no guarantee of future results. This report is a paid advertisement and is for information purposes only and should not be used as the basis for any investment decision. ID has been compensated one thousand five hundred dollars from the company for preparation and posting of this report, radio interview, and other advertising services. This constitutes a conflict of interest as to ID’s ability to remain objective in its communication regarding the subject company. Analysts, principals, associates and employees of ID do not own or trade equities under coverage. For detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934 contact IPOdesktop, 11693 San Vicente Blvd., #350, Los Angeles, CA 90049. ID is not an investment advisor and this report is not investment advice. This information is neither a solicitation to buy nor an offer to sell securities but is a paid advertisement. Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results. The opinions contained herein reflect our current judgment and are subject to change without notice. We encourage our readers to invest carefully and read the investor information available at the web sites of the U.S. Securities and Exchange Commission (SEC) at http://www.sec.gov and the National Association of Securities Dealers (NASD) at http://www.nasd.com. The NASD has published information on how to invest carefully at its web site. Readers can review all public filings by companies at the SEC's EDGAR page.