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Apex Resources Inc V.APX

Alternate Symbol(s):  SLMLF

Apex Resources Inc. is a mineral exploration company engaged in the business of the acquisition, exploration, and development of mineral resource properties. The Company has a portfolio of properties, including Jersey-Emerald tungsten-zinc mine in southern British Columbia (BC) and the Ore Hill gold property in southern BC. The Jersey-Emerald property is located in southeastern BC, about 50 kilometers (km) south of the town of Nelson and eight km southeast of the community of Salmo. It consists of approximately 120 mineral claims and 44 crown grants over an area of approximately 17,500 hectares (ha). The Ore hill Gold-Silver Property is located about 15 km east of the mining town of Salmo in southern BC, Canada. The 2,000-ha, road accessible property is situated at the south end of the 10 km long Sheep Creek Gold Camp with gold production of almost 800,000 ounces at an average gold grade of 14.4 g/t. The Ore Hill property covers the Ore Hill and Summit gold mines.


TSXV:APX - Post by User

Bullboard Posts
Post by SPARTA10on Oct 05, 2007 3:38pm
298 Views
Post# 13531244

sul update

sul update

This is what i got from SUL when i asked 4 a update.

I'm afraid I don't have any new news in terms of drill results.  We are still waiting from labs.  As
far as I know, they may have suspended drilling for now as the weather turns colder and the snow is building.  They should have completed the drilling at the lead/zinc zone and last I heard, they were stepping out to drill for moly.  In any case, they will move the drill underground when the time comes as it is a constant 40 degrees F year round.  From there, they will target the tungsten and possibly moly as well.
 
So far, we are expecting drill results from the first 5 or 6 holes which have been sent off.  We are still waiting to have the remining 20 or so holes split / logged etc before we sent them off to the labs.  Once we start getting drill results back, we should be seeing a steady stream of drill results as we are planning to batch them rather than send them all at once.  Art Troup is going up to the site this weekend or early next week and I may have more news by then.
Bullboard Posts