Business
Apex Resources Announces an Expanded Exploration Program on the Kena and Daylight Gold Projects
(via TheNewswire) September 12, 2017 / TheNewswire / Vancouver, BC - Apex Resources In...
About this update from Apex Resources Inc.
[{"type":"text","content":"Apex Resources Announces an Expanded Exploration Program on the Kena and Daylight Gold Projects(via TheNewswire)\n\n \nSeptember 12, 2017 / TheNewswire / Vancouver, BC - Apex Resources Inc. (\"Apex\") (TSXV: APX) is pleased to report that due to the success of the Phase I exploration program on the Kena-Daylight Property located near Nelson, BC, its Joint Venture partner, Prize Mining Corp (\"Prize\") (TSXV:PRZ), has undertaken an expanded exploration program. This program will follow-up surface geochemical and geophysical anomalies with detailed sampling programs designed to better define and/or expand key targets prior to initiating diamond drilling.\n\n \n \nThe expanded surface program is intended to verify soil anomaly targets and high-grade rock sample results located during the July to August phase-I program (Sept. 6, 2017 News Release). The program will also evaluate new and previously underexplored mineralized zones within the Daylight and Kena claim areas. Refer to maps 1 and 2 for specific follow-up target areas: (https://www.prizemining.com/site/assets/files/1749/2017-09-wp-daylight-tnut.jpg) (https://www.prizemining.com/site/assets/files/1751/2017-09-wp-kena.jpg).\n\n\n \nFeisal Somji, president and chief executive officer of Prize, commented \"Given our successful surface exploration this summer, I am excited to announce the expansion of the program to test both new high-grade anomalies as well as existing potential mineralized zones\". \"These high-grade anomalies represent a great opportunity for us to create shareholder value with the objective of a discovery focused drill program.\" \n\n\n \nFocal points for the follow-up program include:\n\n\n \n\n\n1)Ground truthing of the 41+ soil anomaly targets and numerous high-grade rock sample results referenced in the Prize, August 29, 2017 News Release. \n\n\n\n2)Additional composite rock sample lines through the Great Western and Eastern targets \n\n\n\n3)Additional soil sample lines along the Silver King Shear in un-sampled areas between the Daylight property and the adjacent Toughnut property. \n\n\n\n4)An expanded ground magnetic survey, east of the Daylight grid, over a prospective area straddling the Daylight and Gold Mountain zones. \n\n\n\n5)Baseline evaluation (prospecting) of peripheral Kena targets (Gold cup, Euphrates, Dighem, Bicycle, Prince and areas bet...