Apex Completes Critical Minerals Drilling at the Jersey-Emerald Property
Apex Completes Critical Minerals Drilling at
the Jersey-Emerald Property
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2025) - Apex Resources Inc. (TSXV: APX)
(OTCID: SLMLF) ("Apex" or the "Company") is pleased to announce the completion of a drilling program
at its Jersey-Emerald Property (the "Property"), located in southern British Columbia.
Drilling was successfully completed on the road-accessible Jersey-Emerald Property. A total of 938.5 m
was completed across five drillholes, with crews completing the work in a safe and environmentally
sustainable way. The proximity of the Property to the town of Salmo, approximately 20 km by road,
supported the high efficiency realized for the drill program.
The primary targets of the 2025 drilling campaign were tungsten, zinc, and bismuth mineralization which
are all listed in Canada's critical minerals list. Tungsten is especially an enticing target on the Property
as there was extensive exploration for the metal in the 1950's throughout the Property. Many of these
tungsten occurrences were subject to trenching or shallow drilling but are, in general, under-explored
leaving ample opportunity for discovery via modern exploration techniques. Ammonium paratungstate
concentrate has also nearly doubled in price since it achieved a 12 year high in May 2025
1
.
Zinc mineralization was also a primary target of the drilling program as there remain gaps in the
historical exploration where potential exists to further define and expand sphalerite (zinc sulfide)
mineralization. The sphalerite mineralization at the historic Jersey Mine is reported to be enriched in
indium
2
, a metal which was not appreciated during the production phase of the Jersey Mine but is
immensely important in the current market.
The Company is eagerly anticipating the assay results and will provide a further update when they are
received.
Footnote 1:
https://almonty.com/tungsten-history/
https://www.mining.com/tungsten-prices-hit-12-year-high-as-china-tightens-export-controls/
Footnote 2: Paradis, S., Petts, D., Simandl, G.J., Sharpe, R., Hamilton, T.S., Fayek, M. and Jackson, S.E., 2023. Impact of deformation and
metamorphism on sphalerite chemistry-Element mapping of sphalerite in carbonate-hosted Zn-Pb sulfide deposits of the Kootenay Arc, southern
British Columbia, Canada and northeastern Washington, USA. Ore Geology Reviews, 158, p.105482.
About Apex Resources Inc.
Apex is a Vancouver-based exploration company with a suite of precious and critical minerals projects
and historic mines located in the United States and Canada.
The
Jersey-Emerald Property
is wholly owned by Apex and encompasses the historic Jersey Lead-Zinc
Mine - British Columbia's second largest historic zinc mine, and the historic Emerald Tungsten Mine -
Canada's second largest historic tungsten mine, both located in southern British Columbia.
The
Lithium Creek Project
is Apex's flagship project with placer claims covering hundreds of square
miles within the aerially extensive Fernley, Humboldt, and Carson Sinks, and includes widespread
naturally flowing lithium brine groundwater. The Lithium Creek Project is strategically located near the
City of Reno and within 40 minutes of the principle North American battery hub, hosting the Tesla
Gigafactory and other key industry players in the Lithium Ion battery supply chain.
On behalf of the Board of Directors of
Apex Resources Inc.
Ron Lang,
President & CEO
Ph. +1(250) 212-7119 or
website:
www.apxresources.com
The technical information in this news release, prepared in accordance with Canadian National
Instrument standards ("NI 43-101"), has been reviewed and approved by Linda Caron, P. Eng., a
Qualified Person, who is independent of Apex.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
press release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This news release may
contain forward-looking information within the meaning of applicable securities laws ("forward-looking
statements"). Forward-looking statements are statements that are not historical facts and are generally,
but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends,"
"estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would,"
"may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and
uncertainties which could cause actual events or results to differ materially from those reflected in the
forward-looking statements, including, without limitation: risks related to fluctuations in metal prices;
uncertainties related to raising sufficient financing to fund exploration work in a timely manner and on
acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors;
the possibility that results of work will not fulfill expectations and realize the perceived potential of the
Project; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties
or interruptions; the possibility of cost overruns or unanticipated expenses in conducting work programs;
the risk of environmental contamination or damage resulting from Apex's operations and other risks and
uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may
be required by applicable securities laws, the Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information, future events or results or otherwise.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/277246