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Apex Resources Reports Final Phase 1 Results For Its Kena-Daylight Gold Project
(via TheNewswire) September 6, 2017 / TheNewswire / Vancouver, BC - Apex Resources Inc. ("...
About this update from Apex Resources Inc.
[{"type":"text","content":"Apex Resources Reports Final Phase 1 Results For Its Kena-Daylight Gold Project(via TheNewswire)\n\n \nSeptember 6, 2017 / TheNewswire / Vancouver, BC - Apex Resources Inc. (\"Apex\") (TSXV: APX) is pleased to report that its Joint Venture partner, Prize Mining Corp (\"Prize\" or the \"Company\"), has released final soil and rock-chip assay results from Phase 1 fieldwork on the Daylight portion of the Kena Project. The results were reported in a news release by Prize on Aug. 29, 2017. The news release also reports results for the adjoining Toughnut Property. The Toughnut Property including the Gold Eagle showing is not included in the Apex-Prize 20-80 joint venture. The August 29th news release reads as follows: \n\n\n \nPRIZE MINING CORPORATION (TSXV:PRZ ) has received all analytical results stemming from 2017 Phase I field activity carried out on the combined Daylight and Toughnut Project areas. A total of 1266 soil results and 326 rock results were received and interpreted. Soil results (map 1) and rock results (map 2) are visible here (https://www.prizemining.com/projects/kena-daylight-gold-project/daylight-property/) with all samples over 1000 ppb Au (1.0 g/t Au) highlighted therein.\n\n\n \nThe 2017 Phase-I program included a number of prospecting, mapping and rock sampling traverses which resulted in the collection and analysis of 326 rock samples (map 2). Two sample types were collected: 1) 92 grab samples were collected from various known showings, and new veins of interest, in order to verify gold grades and to determine the accessory metal contents (Cu, Ag, Pb, Zn); and 2) 234 composite samples were collected along existing road cuts to assess the metals content of 9 large-width shear systems. \n\n\n \nHighlights from the various showings are as follows (map 2): \n\n \n\nToughnut Ridge \n\n\n\n\n2.45 g/t Au \n\n\n\n\n33.4 g/t Ag; \n\n\n\n\nToughnut Adit \n\n\n\n\n20.6 g/t Au \n\n\n\n\n188 g/t Ag; \n\n\n\n\nVictoria Adit \n\n\n\n\n5.28 g/t Au \n\n\n\n\n2.85 g/t Ag; \n\n\n\n\nGreat Eastern Adit \n\n\n\n\n6.25 g/t Au \n\n\n\n\n5.74 g/t Ag; \n\n\n\n\nGreat Western Adit \n\n\n\n\n9.05 g/t Au \n\n\n\n\n8.6 g/t Ag; \n\n\n\n\nBlack Witch \n\n\n\n\n5.58 g/t Au \n\n\n\n\n1.73 g/t Ag; \n\n\n\n\nGold Eagle showing \n\n\n\n\n2.87 g/t Au \n\n\n\n\n8.59 g/t Ag.\n\n\n\n \n\"The results of the Phase 1 program have given more strength ...