Apex Commences Initiation of Pre-Drilling Works at Its Lithium Creek Project in Churchill County, Nevada
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.
Apex Resources (TSXV: APX, OTC: SLMLF) ha avviato studi geofisici e geologici presso il suo Lithium Creek Project nella Contea di Churchill, Nevada. L'azienda prevede di eseguire sondaggi magnetotellurici (MT) e sismici in diverse posizioni strategiche per affinare gli obiettivi dei serbatoi di salamoia di litio. I nuovi dati complementeranno la reinterpretazione delle indagini geofisiche esistenti. I bersagli di perforazione saranno selezionati in base alle indagini geofisiche combinate e ai risultati precedenti del campionamento delle acque sotterranee superficiali. Apex perseguiarà il rilascio dei permessi simultaneamente alla selezione dei siti di perforazione.
Apex Resources (TSXV: APX, OTC: SLMLF) ha iniciado estudios geofísicos y geológicos en su Lithium Creek Project en el Condado de Churchill, Nevada. La compañía planea realizar sondeos magnetotelúricos (MT) y sísmicos en ubicaciones estratégicas para afinar los objetivos de los reservorios de salmuera de litio. Los nuevos datos complementarán la reinterpretación de los estudios geofísicos existentes. Los objetivos de perforación se seleccionarán en base a los sondeos geofísicos combinados y a los resultados anteriores de muestreo de aguas subterráneas. Apex buscará los permisos al mismo tiempo que selecciona los sitios de perforación.
Apex Resources (TSXV: APX, OTC: SLMLF)는 네바다 주 처칠 카운티에 있는 Lithium Creek Project에서 지구물리학 및 지질학 연구를 시작했습니다. 이 회사는 리튬 염수 저수지 목표를 정교화하기 위해 전략적인 위치에서 자기 텔루르 측정(MT) 및 지진 조사를 수행할 계획입니다. 새로운 데이터는 기존의 지구물리 조사 재해석을 보완할 것입니다. 드릴 목표는 결합된 지구물리 조사와 이전의 얕은 지하수 샘플링 결과를 기반으로 선택됩니다. Apex는 드릴 사이트 선택과 동시에 허가를 진행할 것입니다.
Apex Resources (TSXV: APX, OTC: SLMLF) a lancé des études géophysiques et géologiques sur son Lithium Creek Project dans le comté de Churchill, au Nevada. La société prévoit de réaliser des sondages magnétotelluriques (MT) et sismiques dans des emplacements stratégiques afin de raffiner les cibles des réservoirs de saumure de lithium. Les nouvelles données viendront compléter la réinterprétation des enquêtes géophysiques existantes. Les cibles de forage seront sélectionnées en fonction des enquêtes géophysiques combinées et des résultats précédents d’échantillonnage des eaux souterraines superficielles. Apex poursuivra les permis simultanément avec la sélection des sites de forage.
Apex Resources (TSXV: APX, OTC: SLMLF) hat geophysikalische und geologische Studien in seinem Lithium Creek Project im Churchill County, Nevada, eingeleitet. Das Unternehmen plant, magnetotellurische (MT) und seismische Untersuchungen an strategischen Standorten durchzuführen, um die Lithiumsalzwasserreservoirziele zu verfeinern. Die neuen Daten werden die bestehende Neuinterpretation der geophysikalischen Untersuchungen ergänzen. Bohrziele werden basierend auf kombinierten geophysikalischen Untersuchungen und den Ergebnissen früherer flacher Grundwasserproben ausgewählt. Apex wird gleichzeitig mit der Auswahl der Bohrstandorte die Genehmigungen beantragen.
- Strategic expansion of exploration activities through new geophysical studies
- Methodical approach to drill target selection using multiple data sources
- None.
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2024) - Apex Resources Inc. (TSXV: APX) (OTC Pink: SLMLF) ("Apex" or the "Company") is pleased to announce the initiation of geophysical & geological studies on the Lithium Creek Project (the "Project"), located in Churchill County, Nevada. These initiatives will continue to support the on-going expanded lithium brine exploration and help target the planned deep drilling program at the Project.
Apex is preparing to locate and conduct magnetotelluric (MT) and seismic survey lines across strategic locations in the Project area to refine lithium brine reservoir targets. This new data will complement a reinterpretation of existing geophysical survey data.
Drill targets will be selected based on the combined geophysical surveys as well as the results of the shallow ground water sampling (see news release dated October 3, 2024).
Apex will undertake permitting concurrent with selection of the drill sites.
About Apex Resources Inc.
Apex is a mineral exploration company engaged in the business of the acquisition, exploration and development of mineral resource properties. Apex's common shares trade under the symbol "APX" on the TSX-V & "SMLF" on the OTC Pink.
The Company`s Lithium Creek project is located 70 km east of Reno, Nevada. The Project is a new, district scale exploration project that has never been systemically explored or drill tested for lithium brines.
The Project covers approximately 8240 acres and adjacent lands within the aerially extensive Fernley and Carson Sinks. These sinks have large expansive playas and lay within large hydrographic basins with a combined area of approximately 1.4 million-acres.
The Project is located within 30 minutes of the Nevada lithium battery hub of the Tahoe-Reno Industrial Center ("TRIC") via Interstate Highway I-80, and is ideally located and supported by extensive infrastructure to include existing roads, railroad access, fiber optics and geothermal power.
The technical information in this news release, prepared in accordance with Canadian National Instrument standards ("NI 43-101"), has been reviewed and approved by Geoffrey Baldwin (PG), (SME), a Qualified Person, who is independent of Apex
On Behalf of the Board of Directors of
Apex Resources Inc.
Ron Lang,
President & CEO
Ph. +1(250) 212-7119 or info@apxresources.com website: www.apxresources.com
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 the planned 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 Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; 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/231251
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