Apex Resources Expands Gold-Silver Mineralization on its Mount Anderson Property, Yukon
APEX RESOURCES INC.
Suite 2000 – 1066 West Hastings Street
Vancouver, B.C. V6E 3X2
www.apxresources.com
September 18, 2018 TSX Venture Exchange Symbol: APX
Apex Resources Expands Gold-Silver Mineralization on its Mount Anderson
Property, Yukon
September 1 8, 2018, Vancouver, BC - Apex Resources Inc. ("Apex") (TSXV: APX) is
pleased to announce that that it has received positive assay results for rock chip samples from its
Mount Anderson Property, Yukon. The 2018 sample results have gold and silver values of 0.1 to
9.0 g/t gold and 1.4 to 1,034.0 g/t silver within the 2.0 square km Induced Polarization (IP) grid.
Together with sample results obtained in 2017 the results show that el evated gold and silver
values are associated with historic mineralized showings and alteration zones that occur along
anomalous geophysical zones characterized by resistivity lows.
The mapping and rock chip sampling program was completed in August by Auro ra Geosciences
Ltd. of Whitehorse, YT to prepare the property for trenching and diamond drill testing. The
mapping program focused on the previously reported IP geophysical grid where several large
open ended chargeability and resistivity anomalies occur across the two kilometre length of the
survey area (Aug 14, 2018 news release). During the mapping program rock chip samples were
taken from areas of sub outcrop, float and colluvium in the geophysical target areas.
While following the geophysical trends the 2018 program discovered mineralized boulders up to
500 metres northwest of the Whirlwind zone and extended the Adanac zone 200 metres east to
the eastern end of the geophysical grid. The following table gives the highlights of the rock
sampling program from all samples taken over the IP geophysical survey area in 2017-18:
Showing Location Sample
No.
Width Gold
g/t
Silver
g/t
Lead
%
Geophysical
Response
491575E 6674081N 611528* Grab 1.2 138.0 3.06 Resistivity Low
492020 E 6674036N 611851* Float 1.6 1,102.0 10.54 Resistivity Low
492057 E 6674024N 611852* Float 4.1 795.0 4.92 Resistivity Low
492065 E 6674026N 611853* Float 2.4 1,948.0 14.27 Resistivity Low
491823E 6674083N 611860* 0.12m 11.2 45.8 1.10 Resistivity Low
491927E 6674043N 611862* 0.08m 26.0 724.0 16.39 Resistivity Low
491927E 6674066N 611864* Float 5.3 1,803.0 14.27 Resistivity Low
491597E 6674039N 611897* Float 6.4 31.0 0.20 Resistivity Low
491594E 6674042N 611898* Float 1.7 173.0 3.63 Resistivity Low
Showing Location Sample
No.
Width Gold
g/t
Silver
g/t
Lead
%
Geophysical
Response
490740E 6674317N 618303 2.1 m 0.2 93.2 1.83 Resistivity Low
490738E 6674317N 618304 Rubble 0.3 1,034 22.16 Resistivity Low
490765E 6674404N 618305 Rubble 1.9 209 1.18 Resistivity Low
490767E 6674405N 618306 Rubble 0.3 470 1.08 Resistivity Low
490592E 6674645N 618307 Float 0.6 189 0.47 Resistivity Low
490593E 6674646N 618308 Float 3.1 38.3 0.46 Resistivity Low
490594E 6674678N 618309 Grab 0.4 17.3 0.09 Resistivity Low
490611E 6674671N 618310 Grab 0.7 174 0.11 Resistivity Low
491269E 6674418N 618311 Grab 0.6 34.8 0.361 Resistivity Low
491570E 6674080N 950457* Grab 22.5 925.0 >10.0 Resistivity Low
491595E 6674090N 950458* Float 67.5 2,058.0 >10.0 Resistivity Low
491335E 6674270N 950459* Float 1.4 100.0 0.1 Resistivity Low
492093E 6674049N 1464268 Grab 0.6 5.5 0.05 Resistivity Low
492295E 6674008N 1464269 Grab 9.0 9.1 0.06 Resistivity Low
* previously reported 2017 sample.
Results of the present program continue to confirm the historical showings and show a strong
association with geophysical areas of low resistivity. Phase 2, excavator trenching followed by
diamond drilling will test the geophysical targets and mineralized zones identified by the IP
survey and rock sampling pro grams. Aurora Geoscience Ltd. has recommended an initial
program to test the geophysical and geochemical targets with 1,400 metres of diamond drilling in
9 holes. The property is fully permitted for diamond drill testing.
Ms. Linda Dandy, P.Geo., Director and VP Exploration for Apex, is working with Carl Schulze,
P.Geo., of Aurora Geosciences Ltd., in planning and coordinating the Mt. Anderson exploration
programs. Ms. Dandy is a "Qualified Person" for the purpose of NI 43 -101 and has reviewed and
approved the contents of this news release.
For further information on Apex's projects, visit www.apxresources.com.
Arthur G. Troup, P.Eng., Geological
President and CEO
For further information please contact:
Marc Lee, Investor and Corporate Communications
Tel: (604) 628-0519 Fax: (604) 628-0446
Email: [email protected] or [email protected]
This release was prepared by Apex's management. Neither TSX Venture Exchange nor its Regulation Services Provider (as the ter m is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release includes certain
statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, that address
future prod uction, reserve potential, exploration drilling, exploitation activities and events or developments that Apex expects are for ward-
looking statements. Although Apex believes the expectations expressed in such forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward -
looking statements. Factors that could cause actual results to differ materially from those in forwa rd-looking statements include market prices,
exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarante es of future performance and those actual results or developments may differ
materially from those projected in the forward-looking statements. For more information on Apex, investors should review Apex's filings that are
available at www.sedar.com or Apex's website at www.apxresources.com