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VanadiumCorp Resource Inc.
VanadiumCorp Resource Inc.
Registriert in: Kanada WKN: A3DHG9 Rohstoffe:
Art: Originalaktie ISIN: CA9214282076 Vanadium
Heimatbörse: TSX Venture Alternativ: VRBFF
Währung: CAD    
Symbol: VRB.V Forum:

Apella Resources Inc.: Lac Dore Field Work Update

24.05.2012 | 21:13 Uhr | Marketwired
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/24/12 -- Apella Resources Inc. which trades on (TSX VENTURE: APA) (OTCQX: APAFF) (FRANKFURT: NWN) and its subsidiary Prestige Mining Corporation are pleased to announce the results of the pre-drill field program executed on the 100% owned Lac Dore Vanadium-Iron-Titanium Project.

This program started on March 12, 2012 with the opening of the access roads leading to the property as well as the gravel road crossing the group of claims and giving access to the previous work and old drill sites.

Once the access was rendered possible, the consulting firm Les Consultants Aurus Inc. from Chibougamau started to survey the old McKenzie Bay base line and the different stripped areas. The work was carried out in coordination with the Apella's own geological team which was searching for previous drill sites in order to record their precise locations with current GPS technology. It is noted that the previous work carried out by the Quebec Government at Lac Dore was made using the imperial system. Apella's consultants noted several discrepancies in the surveying of the McKenzie Bay's historic base line. Those discrepancies are now corrected. In addition, Apella had the consultants establish three permanent bench marks linked to the Canadian Spatial Reference System (CSRS) which will, as the project progresses, provide fundamental reference values for latitude, longitude, height and gravity. GPS/GNSS products and services provide for reliable, consistent positioning as well as useful geodetic calculators. In fact, Aurus installed five permanent bench marks, of which, three of them are located on the base line. All the surveying work was completed at the end of April 2012.

The old McKenzie Bay grid has now, either been re-established and/or refreshed. Many transversal lines on the eastern part have now been extended to the NW and SE. A total of 42 km of lines have been cut, picketed and surveyed with a GPS. This grid will be used for a new magnetic survey which will be started soon, and for other field work.

Since the beginning of May, the field geological team is now engaged in channel sampling several previous McKenzie Bay stripping areas in order to confirm the intersections of the mineralization and their grades. This new channel sampling, now in progress, can be considered as a horizontal twin hole. To date, this work is still ongoing.

This press release has been reviewed by Dr. Christian Derosier, P. Geo., Consulting Geologist and Qualified Person for the Lac Dore Project under National Instrument NI 43-101.

Additional information, as it is available, will be contained on the Company's website at www.apellaresources.com or the company can be contacted at 604-683-8990.


ON BEHALF OF THE BOARD OF DIRECTORS OF APELLA RESOURCES INC.

Patrick D. O'Brien, ICD.D
Chairman


SEC Exemption 12(g)3-2(b) File no. 82-3822, Standard & Poors Listed, Dun & Bradstreet Listed

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.



Contacts:

Apella Resources Inc.
W. Adrian Bakker
Vice President of Corporate Communications
604-683-8990 or Toll Free: 1-800-663-8990
604-683-8903 (FAX)
apella@apellaresources.com
www.apellaresources.com
 
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