Apex Resources Confirms High Grade Gold Assays at Ore Hill

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[{"type":"text","content":"Apex Resources Confirms High Grade Gold Assays at Ore Hill(via TheNewswire)\n \n \nMarch 18, 2019 / TheNewswire / Vancouver, BC - Apex Resources Inc. (\"Apex\") (TSXV: APX) is pleased to announce that its data compilation for the Ore Hill Property has confirmed the reported 1,500 metres long by up to 150 metres wide gold soil anomaly reported from previous exploration work. Numerous grab samples returned high-grade gold assays, including 119.0 g/t and 105.0 g/t, demonstrating widespread mineralization on the property. The Ore Hill property is located 15 km east of the community of Salmo in southeastern British Columbia.\n\n \n \nApex has now reviewed historic assessment reports and compiled the recent database and laboratory assay sheets for the Ore Hill project. The database indicates that in total 90 rock samples were taken for assay during the three-year period from 2016 to 2018. The previous operator, Margaux Resources Inc., obtained assays for 88 rock samples in their 2017-2018 exploration programs. Assays were also obtained for two rock samples taken by the property vendor in 2016. The rock sampling database indicates that 35 of the 90 rock samples returned gold values of 1.0 gram per tonne (g/t) or better. Samples also contained significant silver values, along with some samples containing significant lead and zinc concentrations.\n\n \n \nThe following table and figure summarize the 35 samples that assayed greater than 1.0 g/t Au.\n\n \n \nTable of Ore Hill Rock Sample Results\n\n\n \n\nClick Image To View Full Size\n\n \n \nThirty-three samples reported in this release were obtained by Margaux Resources Ltd and were primarily grab samples collected from outcrop or from the dumps of historic workings. Grab samples are designed to show the presence or absence of mineralization and to characterize mineralization. They are not intended to provide a representative indication of average grade of mineralization.\n\n \n \nMap showing Ore Hill rock sample locations, with gold values posted\n\n\n \n\n\n\nClick Image To View Full Size\n\n\n\n \n \nThe results show that many of the high-grade samples occur along a gold-bearing crackle zone, up to 10 m wide, associated with a north-northeast-trending fault zone. The fault marks the contact between a quartzite formation and a limestone formation both of Lower Cambrian age. Near the n...

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