Apex Investigation Reveals 24.98 g/t Au over 10.20 m in Historic Drill Hole E1411 on Its Holdings in Southern British Columbia, Canada

Core Insights - Apex Resources Inc. has identified new drill targets on its Jersey-Emerald Property in southern British Columbia, focusing on previously overlooked gold mineralization [1][2][3] - Historical drill hole E1411 reported a significant intercept of 24.98 g/t Au over 10.20 m, prompting further exploration in the area [2][3] - The company is also exploring additional mineralization opportunities, including a bismuth gold zone and a new gold-silver target at the Meadow View occurrence [2][3] Exploration Highlights - Previous exploration efforts primarily targeted lead, zinc, and tungsten, neglecting the potential for economic gold mineralization [2] - The Bismuth Gold Zone, located approximately 850 m south-southeast of drill hole E1411, has been traced for 200 m with grades including 8 g/t over 0.96 m [2] - Historical samples from the Meadow View occurrence reported 1.4 g/t Au, 2360 g/t Ag, and 0.74% Cu, indicating a new style of mineralization [2] Tungsten Resource Potential - The East Emerald Tungsten Zone requires follow-up exploration, with historical drilling showing intersections of 0.47% WO3 and 0.26 g/t Au over 5.15 m, and 0.84% WO3 and 1.23 g/t Au over 5.25 m [3][4] - The Invincible Tungsten Zone and the southern extension of the historically mined Emerald Tungsten Zone are also identified as quality tungsten targets needing further investigation [4] Corporate Developments - Apex has closed a non-brokered financing round, issuing 780,000 units at $0.05 per unit, raising gross proceeds of$39,000 [7][10] - Each unit consists of one common share and one warrant, allowing the purchase of additional shares at $0.10 for two years [8] - A portion of the financing involved insider participation, which is classified as a related party transaction [9] Future Plans - The company is forming a geological team to analyze archived data and identify high-priority targets for diamond drilling in the upcoming months [6] - Apex's portfolio includes various precious and critical mineral projects, with a focus on leveraging rising commodity prices and demand [3][6]