Apella Resources Inc.: Diamond Drilling Extended & Complete Iron-T Iron-Vanadium-Titanium Project
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 10, 2009) - Apella Resources Inc. (TSX VENTURE:APA)(FRANKFURT:NWN) and its Board of Directors are pleased to announce that Apella has now successfully completed its initial drilling program on the Iron-T Vanadium-Iron-Titanium Project. The original 10-hole 1000 metre program budgeted for and announced October 26th was increased by management to 1800 metres at the request of Apella's geological field crew. Three holes were added bringing the total holes to thirteen. A number of initial ten holes were revisited and extended in depth. The Company is planning a follow up release in order to provide details of the drill holes.
The remaining core samples are now being logged and several hundred samples in total will be processed for Vanadium, Iron and Titanium by ALS Chemex Canada and Perth, Australia.
The Company is now planning its Phase-2 diamond drill program for the Iron-T and estimates that the next phase will be considerably more extensive than Phase-1.
The Iron-T Project is located near Matagami, Quebec, approximately 250 km west of Chibougamau, the location of Apella's Lac Dore and Lac Dore North Iron-Vanadium-Titanium Projects. The Iron-T Project is Apella's largest Canadian Iron-Vanadium-Titanium project and will be the focus of most of Apella's diamond drilling and exploration endeavours over the coming months.
Apella invites the public to visit its website 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.