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Apex Resources Inc. Contracts Airborne Geophysical Surveys for its Golden Triangle Properties, B.C.
(via TheNewswire) Vancouver, B.C. / TheNewswire / March 10, 2017: Apex Resources In...
About this update from Apex Resources Inc.
[{"type":"text","content":"Apex Resources Inc. Contracts Airborne Geophysical Surveys for its Golden Triangle Properties, B.C.(via TheNewswire)\n\n \nVancouver, B.C. / TheNewswire / March 10, 2017: Apex Resources Inc. (TSX-V: APX, the \"Company\" or \"Apex\") is pleased to announce that it has contracted Geotech Ltd. of Aurora, Ontario to carry out a helicopter-borne electromagnetic and magnetic geophysical survey of its Cloud and Eldorado properties in B.C.'s Golden Triangle.\n\n\n \nThe Cloud and Eldorado properties are located approximately 50 km north of the community of Stewart, B.C. adjacent to the historic, 15.5 million tonne, Granduc copper, gold and silver mine. The Granduc ore deposit comprises a series of six concordant massive sulphide lenses, localized within a sequence of metavolcanic and metasedimentary rocks. Individual ore zones are up to a few tens of metres thick and extend laterally up to hundreds of metres. \n\n\n \nThe present survey is designed to detect massive sulphide mineralization similar to the Granduc deposits. The survey will use Geotech Ltd.'s Versatile Time-Domain Electromagnetic (VTEM) geophysical system to locate discrete conductive anomalies on the two properties. A high-sensitivity cesium magnetometer survey will be flown in conjunction with the VTEM survey to acquire information on geologic structure and lithology.\n\n\n \nThe survey will be carried out in March and will be flown from the community of Stewart, BC.\n\n\n \nFor further information on the Company's projects, visit www.apxresources.com.\n\n \n \nArthur G. Troup, P.Eng., Geological\n\n\n \nPresident and CEO\n\n \n \nFor further information please contact:\nMarc Lee, Investor and Corporate Communications\nTel: (604) 628-0519 Fax: (604) 628-0446 \nEmail: [email protected] or [email protected]\n\n \n \nThis release was prepared by Apex's management. Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release includes certain statements that may be deemed \"forward-looking statements.\" All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that Apex e...