STOCK TITAN

APEX RESOURCES INC ORD - SLMLF STOCK NEWS

Welcome to our dedicated page for APEX RESOURCES ORD news (Ticker: SLMLF), a resource for investors and traders seeking the latest updates and insights on APEX RESOURCES ORD stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect APEX RESOURCES ORD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of APEX RESOURCES ORD's position in the market.

Rhea-AI Summary

Apex Resources (TSXV: APX, OTC: SLMLF) has initiated geophysical and geological studies at its Lithium Creek Project in Churchill County, Nevada. The company plans to conduct magnetotelluric (MT) and seismic surveys across strategic locations to refine lithium brine reservoir targets. The new data will complement existing geophysical survey reinterpretation. Drill targets will be selected based on combined geophysical surveys and previous shallow ground water sampling results. Apex will pursue permitting simultaneously with drill site selection.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.33%
Tags
none
-
Rhea-AI Summary

Apex Resources has expanded its Lithium Creek Project in Churchill County, Nevada by staking 176 additional placer mining claims (3,520 acres). Recent groundwater sampling revealed promising lithium concentrations, with nearly half of the samples exceeding 50 mg/L and reaching up to 393 mg/L. This expansion increases the project's total land position from 4,720 to 8,240 acres in the Fernley, Carson, and Humboldt Sinks. The company believes these results indicate potential for large-scale lithium enriched brine aquifers in the region.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Apex Resources Inc. (TSXV: APX) has announced analytical results from fluid samples collected at its Lithium Creek Project in Churchill County, Nevada. The project covers approximately 4,720 acres within the Fernley and Carson Sinks. Lithium values in the samples ranged from 393 mg/L to 4.65 mg/L, with 55% of samples exceeding 50 mg/L. Samples were collected from shallow hand-augured test holes, a historic well, and Lithium Creek.

The results indicate the potential for regional large-scale lithium-enriched brine aquifers or reservoirs at the project. Most shallow groundwater encountered in the playa sediments is classifiable as lithium-brines. A total of 25 fluid samples were analyzed by Western Environmental Testing Laboratory in Sparks, Nevada, using EPA Method 200.7 for total metals analysis.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Apex Resources Inc. (TSXV: APX) has received preliminary analytical results from shallow groundwater samples collected at its Lithium Creek Project in Churchill County, Nevada. The results provide compelling evidence of a large lithium-enriched brine aquifer at the project site. Samples were collected from shallow hand-dug auger holes excavated 1-2 meters below ground surface throughout the project area.

Ron Lang, CEO of Apex Resources, expressed enthusiasm about the high lithium concentrations found in the samples, stating that it supports the company's mission to explore for a potential new, district-scale lithium brine reservoir in the United States. The company plans to use this data to support the continued development of its geological model.

The sampling was conducted by a third-party consulting geologist from Applied Hydrologic in Reno, Nevada, following their sampling and analytical work plan. Apex will be attending the Nevada Lithium Summit 2024 from September 29-30 to profile the company and its lithium brine discovery.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the current stock price of APEX RESOURCES ORD (SLMLF)?

The current stock price of APEX RESOURCES ORD (SLMLF) is $0.0502 as of December 23, 2024.

What is the market cap of APEX RESOURCES ORD (SLMLF)?

The market cap of APEX RESOURCES ORD (SLMLF) is approximately 2.8M.

APEX RESOURCES INC ORD

OTC:SLMLF

SLMLF Rankings

SLMLF Stock Data

2.84M
63.34M
1.7%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Vancouver