Apex Resources Inc V.APX

Alternate Symbol(s): SLMLF

Metals & Mining Industrial Metals & Minerals

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.

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Apex Resources Inc

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Post by grizfishon Jan 08, 2009 12:54pm

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Post# 15691393

Looking for share value?

Sultan has $2,000,000 working capital in their treasury, which is 50% of their capitalized value.
They own at least two past-producing mines with existing infrastructure in the form of underground adits, infrastructure, and accessibility. Not to mention an available workforce within 10 km. Do your own DD and find out for yourself. They had a support price of over 5 times the present value, before the recent commodities correction. Check the results of their recent resource evaluations.

From their website: