APEX RESOURCES INC. : http://www.apxresources.com/ : QwikReport

News Releases

#Thu Feb 28, 2019
Apex Resources Announces 2019 Exploration Program and its PDAC Attendance Booth 3326

 

February 28, 2019, Vancouver, BC - Apex Resources Inc. (“Apex” or the “Company) (TSXV: APX) is pleased to announce its planned 2019 exploration program.  In 2019, Apex plans to focus its exploration activities on its Mt Anderson and Ore Hill projects.

Apex Resources will be attending the 2019 PDAC (March 2-6) in Toronto.  Please visit us at Booth #3326.

Apex’s portfolio of 6 high-quality base and precious metal projects in British Columbia and the Yukon include:

1.  The Mount Anderson gold-silver property, Yukon
2.  The Red Ridge gold-silver-copper property, Yukon
3.  The Ore Hill gold property in southern BC
4.  The historic Jersey-Emerald tungsten-zinc mine in southern BC
5.  The Kena-Daylight gold property in BC (currently under JV)
6.  Three exploration projects in BC’s Golden Triangle

In 2019, Apex plans to focus its exploration activities on the Mt Anderson and Ore Hill projects.  

Mount Anderson Gold-Silver Property, Yukon

The road accessible, 3000 hectare Mount Anderson property is located 55 kilometres south of Whitehorse, Yukon next to the historic Mount Skukum Mine where New Pacific Metals Corp. has an indicated resource of 1,416,500 tonnes grading 8.59 g/t gold equivalent (New Pacific Metals website).

In 2017 and 2018, Apex contracted Aurora Geoscience Ltd. (“Aurora”) of Whitehorse, YT to carry out mapping, rock and soil sampling and an IP geophysical survey on the property. The mapping and geochemical sampling surveys successfully located and confirmed previously identified strong multi-element soil geochemical anomalies and four gold-silver showings named: 47, Adanac, Whirlwind Adit and Ridge Zones. The recent surveys indicate multiple pulses of mineral emplacement from hydrothermal fluids. The IP survey successfully delineated several chargeability and resistivity anomalies. The largest and strongest anomaly represents a new discovery and remains open.

Based on Aurora’s recommendations, a two-phase exploration program for the Mount Anderson property is planned for 2019. Phase 1 will include rock sampling and geological mapping to finalize drill site locations. The Phase 2 diamond drilling program will test the Phase 1 targets with approximately 1,200 metres of diamond drilling in 9 holes.

Red Ridge Silver-Gold Property, Yukon

The 1,600 hectare Red Ridge Property, located 17 kilometres north of Mount Anderson, centres on several high-grade silver-gold veins surrounding a porphyry copper-molybdenum zone. Historic exploration focused on five historic silver-gold showings with reported assays of up to 28.9 g/t gold and 1,519 g/t silver across 0.5 metres. Sampling by Apex in 2017 confirmed the historic grades with rock chip and grab samples returning assays up to 22.3 g/t gold and 2,190 g/t silver (please see News Release September 21, 2017). Soil sampling showed extensive silver and gold soil anomalies surrounding a copper-molybdenum soil anomaly. Apex’s consultant, Aurora Geoscience has determined that this zone is centered on a Prospector Mountain Suite Intrusion that is similar in age and composition to that hosting the 964 million tonne Casino porphyry deposit.

A $250,000 phase 1 exploration program involving geological mapping and sampling, geophysical surveys and mechanized trenching is recommended for the Red Ridge Property in order to define phase 2 drill targets. Apex obtained a multi-year drill permit for the property in 2018 in order to expedite a phase 2 program.

Ore Hill Property, British Columbia

The Ore Hill property is located 45 kilometres south of the town of Nelson, BC in the historic Sheep Creek gold mining camp. The 2,000 hectare, road accessible property contains several polymetallic gold bearing quartz veins that were initially staked in 1901. The veins have been explored with nine adits and over 1,200 metres of underground development. Between 1906 and 1940, a total of 3,335 tonnes of ore were mined and 115,671 grams of gold (equivalent to a grade of 34.7 g/t gold), 202,307 grams of silver (equivalent to a grade of 60.7 g/t silver), and 93,985 kilograms of lead and 88,639 kilograms of zinc were recovered (BC Minfile 82FSW054 & 082FSW053). 

In 2017 and 2018, mapping and sampling programs carried out on the Ore Hill property by then operator Margaux Resources Ltd. demonstrated potential for widespread mineralization. Assay results showed a number of high grade gold samples with associated high silver, lead and zinc values. The high grade samples including 119 g/t (or 3.8 oz/ton) and 105 g/t Au (or 3.4 oz/ton), were collected over a strike length of almost 1 kilometre demonstrating a mineralizing system with potential for significant size and strength (Margaux Resources Ltd Website.; News Release dated May 21, 2018).

Apex has contracted Perry Grunenberg, P. Geo. of Kamloops, BC to compile all historic information on the property and to plan and permit the property for a 2019 mapping, sampling, trenching and diamond drilling program.

Jersey-Emerald Zinc-Tungsten Mine  

The Jersey Zinc and Emerald Tungsten Mines, historically operated by Placer Dome, are located in southeastern BC.  These mines represent Canada’s second largest tungsten mine and British Columbia’s second largest lead-zinc mine.  Total production was 9.6 million tonnes of combined zinc and tungsten ore. In 1973, the mine was closed due to low metal prices and negative economic factors. Apex acquired the property in 1996 and has since explored it with expansive surface and underground drilling programs. NI 43-101 Technical Reports completed in 2010 and 2017 show the following resource:

Lead - Zinc underground resource at a 3.5% cut off:
M+I: 1.90 Mt @ 6.06% combined Pb-Zn
Inf.:  4.98 Mt @ 5.32% combined Pb-Zn, or

Lead - Zinc open pit resource at a 1.5% cut off:
M+I: 5.3 Mt @ 3.6% combined Pb-Zn
Inf.: 17.0 Mt @ 3.6% combined Pb-Z

Note:  the property is located 40 highway kilometres from Teck’s lead-zinc smelter in Trail, BC.

Tungsten Resource:
M+I: 3.1 Mt @ 0.341% WO3
Inf.:  5.5 Mt @ 0.275% WO3

There is potential to expand the known resources with brownfields and greenfield exploration on numerous mineralized showings within the surrounding 14,000 hectare property.

In 2013, Apex entered into an option to purchase agreement for the Jersey-Emerald Property with Margaux Resources Ltd (TSXV-MRL) subject to a 1.5% NSR royalty. The property reverted to Apex in October 2018 when Margaux were unable to fund the purchase.

Kena Gold Project

The Kena Project comprised of the adjoining Kena and Daylight gold properties is located in southeastern BC, 10 kilometres south of Nelson. Exploration by Apex has outlined a large low grade gold resource containing a measured and indicated resource of 500,000 ounces and a drill inferred 1.4 million ounces at a 0.30g/t gold cut-off (Kena Property Technical Report by Giroux and Parks, May 15, 2013).  The property is presently under option to Prize Mining Corp who may acquire an 80% interest in the property. To exercise its option and earn its 80% interest in the Project Prize must make annual cash and share option payments over 36 months totaling $1,250,000 issue 1,500,000 shares and complete $3,000,000 in Kena Project related exploration expenditures over four years.  To date Apex has received $1,000,000 and 1,125,000 shares from Prize Mining Corp.

Golden Triangle Project

The Golden Triangle Project is comprised of three claim blocks comprising the Cloud, Eldorado and Wild properties located in BC’s renowned Golden Triangle northwest of the historic Granduc Mine and south of the historic Snip Gold Mine.  Apex acquired the three properties in 2016 and explored them with reconnaissance mapping and sampling programs and an airborne VTEM geophysical survey in 2016 and 2017.

Several gold and base metal exploration targets have been identified by stream sediment sampling, prospecting and geophysical surveys. Apex’s geologist has recommended follow-up exploration programs including additional aero-geophysical surveys, a LiDar survey and ground prospecting and sampling programs.

The Company is seeking a Joint Venture Partner for the continued exploration and development of the Red Ridge, Golden Triangle and Jersey-Emerald Properties

The contents of this news release have been reviewed and approved by Ms. Linda Dandy, P.Geo., Director. Ms. Dandy is a "Qualified Person" for the purpose of NI 43-101.

For further information on the Company's projects, visit www.apxresources.com.

Arthur G. Troup, P.Eng., Geological
President and CEO

For further information please contact:
Marc Lee, Investor and Corporate Communications
Tel: (604) 628-0519 Fax: (604) 628-0446
Email: or

This release was prepared by Apex's management. Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that Apex expects are forward-looking statements. Although Apex believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Apex, investors should review Apex's filings that are available at www.sedar.com or Apex's website at www.apxresources.com.



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#Mon Jan 14, 2019
Apex Resources Plans Drill Program for its Mt. Anderson Gold-Silver Property, Yukon

 

January 14, 2019, Vancouver, BC - Apex Resources Inc. ("Apex" or the "Company) (TSXV: APX) is pleased to announce that it has received a final report from Aurora Geoscience Ltd. of Yellowknife, NWT (“Aurora”) for its polymetallic Mt. Anderson Gold-Silver property. The report recommends a two-phase exploration program, for three important target areas, that includes 1,200 metres of diamond drilling in 9 holes. Estimated cost of the program is $579,200.

In 2018, mapping, sampling and IP geophysical surveys were carried out by Aurora Geoscience Ltd. over the Mount Anderson Property, located 55 kilometres south of Whitehorse in the Yukon Territory (see News Release of August 14, 2018).  The surveys successfully tested a two square kilometre area that includes a strong multi-element soil geochemical anomaly and four gold-silver showings named:  47, Adanac, Whirlwind Adit and Ridge Zones.

The present study includes Inversion modeling of the 2018 IP geophysical results (see attached maps) and compiles and reviews the results of the 2018 mapping and sampling programs combined with 2017 and earlier work. The study makes the following conclusions:

  • A study of geochemical results indicates several geochemical assemblages; most notably a range from nearly massive galena to rocks having near-background lead values, for samples having comparably anomalous gold values ranging from 0.20 g/t to 67.5 g/t. This indicates multiple pulses of mineral emplacement from hydrothermal fluids.
  • Samples taken near the margin of the mid-Cretaceous Mount Anderson intrusion are bismuth-enriched; this is an association typically marking proximity of fluids to a source intrusion. This indicates the Mount Anderson intrusion is the likely source of mineralizing fluids.
  • The northern boundary of the Mount Anderson intrusion is marked by a strong contrast in chargeability responses. The adjacent Late Triassic stock has a high chargeability signature, possibly due to disseminated sulphide emplacement originating from the Mount Anderson intrusion, or from hornfelsing adjacent to it. The resistivity signature is less definitive in outlining intrusive margins.
  • The historic 47-Adanac Trend may extend a further 200 metres eastward, marked by a high-grade specific composite grab sample returning 8.996 g/t gold. This represents a significant prospective target for further exploration on the property.
  • The area extending west from the auriferous 2018 samples, directly west of the main trenched area north of the 47-Zone to the adits, represents another target for further exploration. This area is relatively underexplored, and may host further precious metal-bearing quartz veins.
  • A third target occurs in the northeastern IP survey area, comprising mineralized breccia zones adjacent to intermediate to mafic dykes. Although a breccia zone exposed in an older trench is narrow, the increase in intensity and extent of the chargeability high signature indicates possible widening with depth.

Aurora Geoscience Ltd. recommends a two-phase exploration program for the Mount Anderson property in 2019. The Phase 1 program is envisioned as a rock sampling and geological mapping project to finalize drill site locations.  This work will concentrate along the 47-Adanac Trend, including its potential east and west extensions, and in the area north of the 47-Zone, and in the area of Adits A and B.  The Phase 2 program would drill test sites outlined in Phase 1 and would represent approximately 1,200 metres in 9 holes.

The Mount Anderson exploration program is being conducted under the supervision of Ms. Linda Dandy, P.Geo., Director. Linda Dandy, VP Exploration for Apex, who has been working with Carl Schulze, P. Geo, of Aurora Geosciences Ltd., in planning the 2018-19 exploration programs. Ms. Dandy is a "Qualified Person" for the purpose of NI 43-101 and has reviewed and approved the contents of this news release.

About Apex Resources Inc.

Apex is a Canadian gold exploration and development company focused on British Columbia and the Yukon Territories. Apex has a portfolio of quality properties including:

  1. The Mount Anderson gold-silver property in the Yukon.
  2. The Red Ridge gold-silver property in the Yukon.
  3. The Cloud, Eldorado and Wild properties in BC's Golden Triangle.
  4. The Kena-Daylight gold property in southern BC under option to Prize Mining Corp.
  5. The Jersey-Emerald tungsten-zinc property in southern BC.
  6. The Ore Hill gold property in southern BC.

Apex management has a track record of mine discovery that includes the discovery and development of the renowned Hemlo Gold Mine in Ontario and the Mengapur copper-gold-molybdenum porphyry deposit (225Mt @ 0.59% Cu equivalent) in Malaysia now under development by Monument Mining Ltd. 

For further information on the Company's projects, visit www.apxresources.com.

Arthur G. Troup, P.Eng., Geological
President and CEO

For further information please contact:
Marc Lee, Investor and Corporate Communications
Tel: (604) 628-0519 Fax: (604) 628-0446
Email: or

This release was prepared by Apex's management. Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that Apex expects are forward-looking statements. Although Apex believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Apex, investors should review Apex's filings that are available at www.sedar.com or Apex's website at www.apxresources.com.

PLEASE SEE MAPS ATTACHED BELOW


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#Wed Nov 14, 2018
Apex Resources Acquires Ore Hill Gold Property

 November 14, 2018, Vancouver, BC - Apex Resources Inc. ("Apex") (TSXV: APX) reports that Margaux Resources Ltd. ("Margaux") has transferred the Ore Hill Gold property to Apex. The Ore Hill property is located within an area clause that surrounded the Jersey-Emerald lead-zinc-tungsten property and was therefore transferred to Apex in compliance with the terms of the Jersey Property Agreement which was terminated on October 1, 2018.

The property was one of the highlights for Margaux's work in 2018. At Ore Hill, a gold soil anomaly, 1,500 m long by up to 150 m wide is known from previous exploration work. In 2017 rock samples collected within a 950 m x 150 m area by Margaux, returned high-grade gold values including 119 g/t (or 3.8 oz/ton) and 105 g/t Au (or 3.4 oz/ton). A drill program planned for 2018 could not be completed due to forest fire conditions.

The Ore Hill property is located 5 km east of the Jersey Mine in the southern portion of the Sheep Creek Gold District and covers the historically known Ore Hill, Summit and Bonanza occurrences. There are two known styles of mineralization on the Ore Hill property; narrow high-grade gold (plus silver, lead and zinc) bearing veins occur within limestone; and a gold-bearing crackle zone, up to 10 m wide, associated with a north-northeast-trending fault zone and geological contact. There is limited historical production from the Ore Hill property, as follows: Summit: 1,205 tons averaging 0.72 oz/t Au, 1.01 oz/t Ag, 1.25% Pb, 1.18% Zn and Ore Hill: 2,470 tons averaging 1.15 oz/t Au, 2.19 oz/t Ag, 3.58% Pb, 3.37% Zn (BC Minfile 82FSW054 & 082FSW053) .In order to complete the acquisition of the Ore Hill property Apex must complete remaining outstanding option payments to the original property vendors comprised of $55,000 and 100,000 shares over three years. The property is subject to a 2% net smelter returns royalty ("NSR"). Apex may at any time purchase the NSR for $250,000.

For further information on Apex's projects, visit www.apxresources.com.

Arthur G. Troup, P.Eng., Geological
President and CEO

For further information please contact:
Marc Lee, Investor and Corporate Communications
Tel: (604) 628-0519 Fax: (604) 628-0446
Email: mlee@apxresources.com or info@apxresources.com

This release was prepared by Apex's management. Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that Apex expects are forward-looking statements. Although Apex believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Apex, investors should review Apex's filings that are available at www.sedar.com or Apex's website at www.apxresources.com.




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#Thu Oct 4, 2018
Jersey Emerald Property Reverts to Apex Resources

 October 4, 2018, Vancouver, BC - Apex Resources Inc. ("Apex" or the "Company") (TSXV: APX) reports that the Jersey-Emerald lead-zinc-tungsten and gold property has reverted to Apex. Margaux Resources Ltd. ("Margaux") has given official notice to Apex that they are terminating the November 13, 2013 Option Agreement to purchase the Jersey Emerald property. Margaux has agreed to forthwith transfer to Apex, the Property and all of the information and data relating to the Property.

Since entering into the Option Agreement, Margaux has advanced the Jersey-Emerald property with approximately $3.0 million in exploration expenditures. Margaux has successfully expanded the tungsten resource and mapped out additional lead-zinc targets in the Jersey and Wilson Creek areas. Additionally Margaux has defined an untested gold target in the Summit area along the property's eastern border.

While working the Jersey-Emerald property, Margaux assembled a sizeable land package in the surrounding area by staking adjacent land and optioning nearby historic mining properties. Because of an area of interest clause in the Option Agreement, certain other properties acquired by Margaux since 2013 have also reverted to Apex.

Apex is presently exploring its Yukon, Mt. Anderson gold property but remains committed to advancing the exploration and development of the Jersey-Emerald property. Apex geologists will be meeting with Margaux's geologists to arrange for the transfer of the property and property information to Apex. For further information on the Company's projects, visit www.apxresources.com.

Arthur G. Troup, P.Eng., Geological
President and CEO

For further information please contact:
Marc Lee, Investor and Corporate Communications
Tel: (604) 628-0519 Fax: (604) 628-0446
Email: mlee@apxresources.com or info@apxresources.com

This release was prepared by Apex's management. Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that Apex expects are forward-looking statements. Although Apex believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Apex, investors should review Apex's filings that are available at www.sedar.com or Apex's website at www.apxresources.com.

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#Tue Sep 18, 2018
Apex Resources Expands Gold-Silver Mineralization on its Mount Anderson Property, Yukon

 

September 18, 2018, Vancouver, BC - Apex Resources Inc. ("Apex") (TSXV: APX) is pleased to announce that that it has received positive assay results for rock chip samples from its Mount Anderson Property, Yukon.  The 2018 sample results have gold and silver values of 0.1 to 9.0 g/t gold and 1.4 to 1,034.0 g/t silver within the 2.0 square km Induced Polarization (IP) grid.  Together with sample results obtained in 2017 the results show that elevated gold and silver values are associated with historic mineralized showings and alteration zones that occur along anomalous geophysical zones characterized by resistivity lows.

The mapping and rock chip sampling program was completed in August by Aurora Geosciences Ltd. of Whitehorse, YT to prepare the property for trenching and diamond drill testing.  The mapping program focused on the previously reported IP geophysical grid where several large open ended chargeability and resistivity anomalies occur across the two kilometre length of the survey area (Aug 14, 2018 news release). During the mapping program rock chip samples were taken from areas of sub outcrop, float and colluvium in the geophysical target areas.

While following the geophysical trends the 2018 program discovered mineralized boulders up to 500 metres northwest of the Whirlwind zone and extended the Adanac zone 200 metres east to the eastern end of the geophysical grid.  The following table gives the highlights of the rock sampling program from all samples taken over the IP geophysical survey area in 2017-18:

Showing Location Sample No. Width Gold
g/t
Silver
g/t
Lead
%
Geophysical
Response
491575E  6674081N 611528* Grab 1.2 138.0 3.06 Resistivity Low
492020 E  6674036N 611851* Float 1.6 1,102.0 10.54 Resistivity Low
492057 E  6674024N 611852* Float 4.1 795.0 4.92 Resistivity Low
492065 E  6674026N 611853* Float 2.4 1,948.0 14.27 Resistivity Low
491823E  6674083N 611860* 0.12m 11.2 45.8 1.10 Resistivity Low
491927E  6674043N 611862* 0.08m 26.0 724.0 16.39 Resistivity Low
491927E  6674066N 611864* Float 5.3 1,803.0 14.27 Resistivity Low
491597E  6674039N 611897* Float 6.4 31.0 0.20 Resistivity Low
491594E  6674042N 611898* Float 1.7 173.0 3.63 Resistivity Low
490740E  6674317N 618303 2.1 m 0.2 93.2 1.83 Resistivity Low
490738E  6674317N 618304 Rubble 0.3 1,034 22.16 Resistivity Low
490765E  6674404N 618305 Rubble 1.9 209 1.18

 Resistivity Low

490767E  6674405N 618306 Rubble 0.3 470 1.08 Resistivity Low
490592E  6674645N 618307 Float 0.6 189 0.47 Resistivity Low
490593E  6674646N 618308 Float 3.1 38.3 0.46 Resistivity Low
490594E  6674678N 618309 Grab 0.4 17.3 0.09 Resistivity Low
490611E  6674671N 618310 Grab 0.7 174 0.11 Resistivity Low
491269E  6674418N 618311 Grab 0.6 34.8 0.361 Resistivity Low
491570E  6674080N 950457* Grab 22.5 925.0 >10.0 Resistivity Low
491595E  6674090N 950458* Float 67.5 2,058.0 >10.0 Resistivity Low
491335E  6674270N 950459* Float 1.4 100.0 0.1 Resistivity Low
492093E  6674049N 1464268 Grab 0.6 5.5 0.05 Resistivity Low
492295E  6674008N 1464269 Grab 9.0 9.1 0.06 Resistivity Low

* previously reported 2017 sample.

Results of the present program continue to confirm the historical showings and show a strong association with geophysical areas of low resistivity. Phase 2, excavator trenching followed by diamond drilling will test the geophysical targets and mineralized zones identified by the IP survey and rock sampling programs. Aurora Geoscience Ltd. has recommended an initial program to test the geophysical and geochemical targets with 1,400 metres of diamond drilling in 9 holes. The property is fully permitted for diamond drill testing.

Ms. Linda Dandy, P.Geo., Director and VP Exploration for Apex, is working with Carl Schulze, P.Geo., of Aurora Geosciences Ltd., in planning and coordinating the Mt. Anderson exploration programs. Ms. Dandy is a "Qualified Person" for the purpose of NI 43-101 and has reviewed and approved the contents of this news release.

For further information on Apex's projects, visit www.apxresources.com.

Arthur G. Troup, P.Eng., Geological
President and CEO

For further information please contact:
Marc Lee, Investor and Corporate Communications
Tel: (604) 628-0519 Fax: (604) 628-0446
Email: or

This release was prepared by Apex's management. Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that Apex expects are forward-looking statements. Although Apex believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Apex, investors should review Apex's filings that are available at www.sedar.com or Apex's website at www.apxresources.com


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