APE Apogee Opportunities

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Apogee Minerals Ltd. (TSX VENTURE:APE) ("Apogee" or the "Company") today
announced that Mr. Neil Ringdahl has been appointed as the Chief Executive
Officer and as a director of the Company effective June 1, 2011. Mr. Ringdahl is
a qualified mining engineer who has held senior management positions with a
number of companies, including Anglo Platinum Ltd., Golden Star Resources Ltd.,
and Peruvian base metals producer, Volcan Compania Minera. Most recently, Mr.
Ringdahl was the Country Manager for Ancash Mining Ltd. (recently acquired by
Korea Zinc). Mr. Ringdahl has led a number of mining and project teams on
various exploration and development projects in South America and Africa. He
spent five years as a consultant specialising in strategic and tactical mine
planning on various diamond, precious and base metals mines around the world and
is fluent in Spanish. Mr. Ringdahl acquired his BSc. Engineering Honours
(Mining), from the University of the Witwatersrand (Wits), in Johannesburg South
Africa.


In conjunction with Mr. Ringdahl's appointment, Mr. David Gower has resigned as
Chief Executive Officer, however, Mr. Gower will remain on the Board of
Directors of the Company and will remain integrally involved in the planned
development of the Pulacayo-Paca property in Bolivia. 


Mr. David Gower, former Chief Executive Officer of Apogee stated; "We are very
pleased to have Neil Ringdahl lead our executive team. Neil was recruited in
order for Apogee Silver to transition from an exploration focused company to one
focused on development and future production as we take our Pulacayo project
into production. Neil's appointment followed a global search and he has spent
the past three months working as consultant for the Company in order that the
transition will be seamless. Neil brings a strong engineering and project
management track record, specifically with South American experience and is
Spanish speaking. We now have a strong, well qualified team of professionals in
place to execute all aspects of the Pulacayo development."


Mr. Scott Paterson, the Chairman of Apogee stated; "We are very pleased to have
Mr. Ringdahl joining Apogee. The Company is seeking to complement its strong
technical team as the Company moves forward with its development of the Pulacayo
property. We thank Mr. Gower for his years of service as the Chief Executive
Officer of Apogee." 


In connection with his appointment, Mr. Ringdahl will receive 800,000 stock
options of the Company at an exercise price of $0.245 that vest in four equal
tranches over a one year period. The options remain subject to a statutory four
month hold period and will expire five years from the date of grant. The options
are subject to receipt of all necessary regulatory approvals, including the
approval of the TSX Venture Exchange.


For detailed project information please refer to Apogee's web site at
www.apogeesilver.com. 


About Apogee Silver Ltd. 

Apogee Silver Ltd. is a mineral exploration and development stage company listed
on the TSX Venture Exchange under the symbol APE. Apogee targets advanced
silver-zinc-lead projects in South America that demonstrate potential to be
developed to production. Currently its projects are located in the historic
silver producing regions of southwest Bolivia and northern Chile.


Its most advanced project is the 100% owned Pulacayo-Paca project in Bolivia,
This project includes the property that covered the second-largest silver mine
in the history of Bolivia with over 600 million ounces of past production


Forward-Looking Information

This press release contains "forward looking information" within the meaning of
applicable Canadian securities legislation. Forward looking information
includes, but is not limited to, statements with respect to the potential impact
of the appointment, the anticipated timing and development of the Pulacayo
project, future financial or operating performance of the Company, its
subsidiaries and its projects, statements regarding the development of the
Pulacayo-Paca project and the ability of the Company to adhere to its
anticipated project development schedule and anticipating timing and receipt of
all necessary licences and permits required with respect to the Pulacayo
project. Generally, forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or variations of such
words and phrases or statements that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is based on the opinions and estimates of management
as of the date such statements are made and they are subject to known and
unknown risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such forward-looking
information. Although management of the Company has attempted to identify
important factors that could cause actual results to differ materially from
those contained in forward-looking information, there may be other factors that
cause results not to be as anticipated, estimated or are intended. There can be
no assurance that such information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking information. The Company does not undertake to update any
forward-looking information that is included herein, except in accordance with
applicable securities laws.

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