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Apella Resources Inc.: Apella Resources Inc.: Lac Laura Gold Project, Quebec


Published on 2009-10-16 10:09:34 - Market Wire
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 16, 2009) - Apella Resources Inc. (TSX VENTURE:APA)(FRANKFURT:NWN) and its Board of Directors are pleased to release an update and some assay results obtained following the discovery of a new gold-silver-copper showing in the northern part of its 100% owned Lac Laura gold/copper project in Levy Township, near Chibougamau, Quebec.

The discovery was made about 800 metres north of the Chapais-Senneterre Highway. The construction of a new timber road built parallel to the Chapais-Senneterre Highway opened up an area immediately surrounding an outcrop. The timber road now permits better access to the northern part of the Lac Laura property which covers the south part of the Blondeau Formation. This Formation comprises volcanic rocks, as well as Gabbro Sills. The Gabbro Sills are known to contain chalcopyrite, pyrrhotite, pyrite and sometimes sphalerite. Apella's exploration team manually stripped the outcrop.

Grab samples with chalcopyrite were collected by the project's QP, Dr. Christian Derosier and sent to the ALS-Chemex laboratory in Val d'Or, Quebec for analysis. Samples were treated by aqua regia digestion using ICP-MS and ICP-AES. The highest copper values were verified by atomic absorption while highest gold and silver values were treated by fire assay and ICP-AES with gravimetric finish. This showing returned a gold value of 128.5 g/t Au or 4.1 oz/t Au (which was re-checked by fire assay and gravimetric finish), a silver value of 113 g/t Ag, and a copper value of 2.61% Cu. In addition, this sample is anomalous in arsenic, cobalt (295 ppm) and tellurium.

Farther to the north on the Lac Laura project, a second showing was re-discovered by Apella's field team; while searching for old casings located on a recently staked claim. The trench identified was dug in the 1950's by a company called Indian Lake. The rock stripped and blasted from the trench is a gabbro similar to the one which contained the copper mineralization at the historic Cook mine located in the same Formation a few kilometres west of Apella's Lac Laura Project. The Cook mine produced 1,084,000 tonnes at 0.85% Cu, 5.69 g/t Au and 10 g/t Ag in 1976 with resources of 307 000 tonnes averaging 0.80% Cu and 4.79 g/T Au as of 1985.

The blasted trench shows a shear zone filled by massive to semi-massive pyrrhotite and chalcopyrite. The shear zone is 30 cm thick, dipping vertically and oriented almost E-W.

One representative grab sample has been taken by the Apella team. Results obtained are as follows: Silver: 10.05 g/t; Gold: 0.2 g/t; Cobalt: 185 ppm; Copper: 0.74%; and Nickel: 95 ppm.

The Blondeau Formation is known to be favourable for copper mineralization of the Cooke Mine type and for VMS type mineralization to be discovered. Several MEGATEM and INPUT anomalies cover this northern part of the property and Apella plans to see that a program is undertaken to verify them by way of a ground geophysical survey and diamond drilling program.

The qualified person for the purposes of this news release is Dr. Christian G. Derosier, P.Geo.

Apella invites the public to visit its NEWwebsite at[ http://www.Apellaresources.com ]or e-mail us at [ Apella@Apellaresources.com ]to be added to the Company's e-mail list for press releases and updates.

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

Patrick D. O'Brien – Chairman

S.E.C. Exemption 12(g)3-2(b) File No. 82-3822, Standard & Poors Listed, Dun & Bradstreet Listed.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction. "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This news release contains Forward Looking Statements that are not historical facts and are subject to risks and uncertainties which could cause actual results to differ materially from those set forth in or implied herein.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.


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