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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 clarkesandyon Nov 26, 2010 11:03am
462 Views
Post# 17761879

The Chines trip must be gaining attention.

The Chines trip must be gaining attention.When you look at these facts, I think the Chinese are very very interested.
  • They want into Canada.
  • They want a good property.
  • Good infrustructure.
  • Friendly workforce and local town support.
  • Historically Canada's second largest tungsten mine and BC's second largest lead/zinc mine.
    2,719,000 tons averaging 0.358% WO3, measured and indicated resource (0.15% WO3 cutoff, NI 43-101).
    2,320,000 tons averaging 0.314% WO3, inferred resource (0.15% WO3 cutoff, NI 43-101).
    Over $150 million in underground development.
    Scoping study and first phase environmental study completed.
  • This stock is so undervalued it's crazy.
    We could see a buyout from the Chinese before they get back IMHO.
    One can hope anyways.
    Looks like the interest is picking up.
    Have to keep watching the volume, but it seems more attention may be coming.
    GLTA
    CS

    Bullboard Posts