Apella Confirms Mineralization Along Iron-T Vanadium-Iron-Titanium Project

Apella Resources Inc. (TSXV:APA,OTC:APAFF,FRA:NWN) announced results of 19 diamond drill holes at its iron-t vanadium-iron-titanium project.

The press release is quoted as saying,

Eleven of the holes completed in this phase, totaling 1,750 meters, are considered development (infill) drill holes. They were positioned on four transversal sections across the main mineralized zone already outlined by previous drilling. These new infill holes, drilled at 50m intervals, now connect several peripheral zones of mineralization, to Apella’s main Genesis deposit on the Iron-T. The peripheral zones of mineralization were not included in SGS’s May 19, 2011 NI-43-101 resource estimate, since they were considered disconnected from the main zone. Apella’s 2010 drill holes into these peripheral zones returned significant grades and intersects of mineralization.

For the complete press release, click here.