Apella Resources Receives Positive Results From Phase 3 Drilling Program on Iron-T Vanadium-Iron-Titanium Project

Apella Resources Inc. (TSX VENTURE:APA)(OTCBB:APAFF)(FRANKFURT:NWN) and its Board of Directors are announced that the Company has completed its third phase of drilling on its Iron-T Vanadium-Iron-Titanium project near Matagami, Quebec.

The press release is quoted as saying:

Fifteen holes were drilled on the east and west extensions of the known deposit and on several high magnetic anomalies running parallel to the main zone. Core from these drill holes confirms the presence of highly significant disseminated, semi massive and massive vanadiferous mineralization and will contribute to increasing the size of the mineral resource.

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