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Apex Resources Provides Exploration Update for its Ore Hill Gold Project, BC
(TheNewswire) October 13, 2020 - TheNewswire - Apex Resources Inc. ...
About this update from Apex Resources Inc.
[{"type":"text","content":"Apex Resources Provides Exploration Update for its Ore Hill Gold Project, BC\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n October 13, 2020 -\n \n \n TheNewswire\n-\n \n \n Apex Resources Inc.\n \n \n (\"Apex\") (TSXV:APX)\n \n \n is\npleased to announce that 1,600 metres of NQ diamond drilling in 10\nholes have been completed on its Ore Hill Gold Property\n \n \n in southeastern British Columbia. The drill program is\ntesting a 1,500 metre-long, gold in soil anomaly where a preliminary,\ntwo-hole drill program\n \n \n in 2019 intersected\nseveral significant new gold zones including 289.97 g/t gold over 0.30\nm (see Dec. 17, 2019 News Release).\n \n \n \n \n A mapping and sampling program in 2017-2018\ndemonstrated the potential for widespread mineralization along the\nsoil anomaly. The 2017-18 program returned gold values of 1.0 gram per\ntonne (g/t) gold or better for 33 surface grab samples taken along a\n1,000-metre section of the soil anomaly. Fifteen of the samples\nreturned greater than 10.0 g/t including 119 g/t (or 3.8 oz/ton) and\n105 g/t Au (or 3.4 oz/ton)\n \n \n (see Dec. 17, 2019\nNews Release).\n \n \n \n \n In the current program, drill stations are situated at\n50- to 80-metre intervals along the soil anomaly. Drilling has now\nsuccessfully tested a 500-metre section of the soil anomaly at 7 drill\nstations located between the historic Summit mine to the south and the\nhistoric Ore Hill mine to the north. The favourable geology trends\nthrough the area tested and the company plans to extend drilling to\nthe south.\n \n \n \n \n The core is presently being logged and split at the\ncompany's secure core storage facility in Salmo, B.C. by consulting\ngeologists, Bernhardt Augsten P.Geo. and Patrick Williams P.Geo. The\nQA/QC samples are also being prepared, sealed and maintained in\ncustody before being shipped via ground transport to the ALS Global -\nGeochemistry Analytical Lab in North Vancouver, BC, for analysis for\ngold and an additional 35 elements. The ALS facility is accredited to\nthe ISO 9001:2015 standard for analytical methods.\n \n \n \n \n \n \n The Ore Hill property is located in the historic Sheep\nCreek Gold Mining Camp. The Sheep Creek camp has reported historic\nproduction of 780,000 ounces of gold at an average grade of 14.4 g/t.\nSheep Creek mineralization is comprised of high-grade gold ve...