Apex Resources Confirms High-Grade Gold and Silver Values from Initial Exploration at Red Ridge

Apex Resources (TSXV:APX) has announced assay results from the initial exploration program on its Red Ridge Property.
As quoted in the press release:

A total of 13 rock grab and chip samples were collected from a series of historic trenches in the Miller, East, Don, and Saddle Zones.  Where possible, chip samples were collected across structural or mineralized trends.  When sufficient bedrock could not be exposed for chip sampling, grab samples representing select alteration or mineralization styles were collected.  The following table shows the results of the rock sampling program.
The East Zone consists of three subparallel alteration zones within siliceous sediments and altered granodiorite.  Within the alteration zones, quartz and quartz-barite veins and veinlets are present containing variable amounts of tetrahedrite-freibergite, chalcopyrite, malachite and azurite.  Three grab samples of quartz vein material returned 16 to 16,271 g/t silver, up to 0.9 g/t gold, 0.03 to 5.24% copper and minor amounts of lead and zinc.  
The Don Zone consists of a one metre wide zone of sheared and strongly manganese altered granodiorite, exhibiting no fresh sulphide mineralization.  Four grab and chip samples collected from the Don Zone returned 98 to 849 g/t silver, up to 1.3 g/t gold, lead values ranging up to 3.28% and minor zinc.

Click here for the full press release.