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Apex Resources Announces Exploration Plans for Mt Anderson and Red Ridge Gold-Silver Properties, Yukon
(via TheNewswire) Vancouver, BC / TheNewswire / March 2, 2018: Apex Resources Inc. ...
About this update from Apex Resources Inc.
[{"type":"text","content":"Apex Resources Announces Exploration Plans for Mt Anderson and Red Ridge Gold-Silver Properties, Yukon(via TheNewswire)\n\n \nVancouver, BC / TheNewswire / March 2, 2018: Apex Resources Inc. (TSX-V: APX) (\"Apex\") is pleased to announce that preparations are now underway for the 2018 exploration program on its Mt. Anderson and Red Ridge gold-silver properties, located near Carcross in southwestern Yukon Territory, Canada. Exploration work will focus on several target areas where high grade gold-silver mineralization was outlined in 2017 (see news releases of Sep 21, 2017, Oct 11, 2017 and Feb 1, 2018).\n\n\n \nThe 3,100 hectare, road accessible, Mt. Anderson Property is located 55 kilometres south of Whitehorse adjacent to the historic Mount Skukum gold mine. In 2017 a mapping and rock chip sampling program completed for Apex by Aurora Geosciences Ltd. of Whitehorse, YT returned assays to 67.0 g/t Gold and 2,058.0 g/t Silver (Oct 11, 2017 News Release). The property is host to five previously identified mineralized zones: the 47-Zone, the Adanac Zone, the Ridge Zone and the Rob and Fleming skarns. Results from 2017 rock sampling indicate the 47 and Adanac zones may represent trenched exposures of a larger mineralized trend.\n\n\n \nA two-phase 2018 exploration program is presently planned for the Mount Anderson property. Phase 1 will involve detailed geological mapping and sampling, Induced Polarization (IP) surveying, a surface magnetometer survey and mechanized trenching. Phase 2 will comprise a diamond drilling program of 1,400 metres on 9 drill sites. Location of theses drill sites will be dependent upon the results from Phase 1.\n\n\n \nThe 1,630 hectare, road accessible, Red Ridge Property is located 45 kilometres south of Whitehorse and 16 kilometres north of the Mt. Anderson property. In 2017 assays to 22.3 g/t gold and 2,190 g/t silver were obtained from a surface sampling program (Sep 21, 2017 News Release). There are eight historic gold and silver showings on the Red Ridge Property: the Western, Miller, Saddle, Don, Vance, East, Moly and North Slope zones. A rock chip and soil geochemical sampling program completed in August by Aurora Geosciences Ltd. of Whitehorse, YT successfully confirmed and expanded a number of these historic showings.\n\n\n \nA two-phase 2018 exploration program is presently planned for the Red...