Apella Resources: Drill Rig Returns to Iron-T Vanadium-Iron-Titanium Deposit

Apella Resources Inc. (TSXV:APA) reports that it has approved the next phase of diamond drilling to begin in March 2011 at its vanadium-iron-titanium deposit, Matagami, Quebec.

The press release is quoted as saying:

This new survey covered about 50% of the total area of the Iron-T Vanadium-Iron-Titanium Deposit. The east-central and eastern parts of the Iron-T Deposit, which were the subject of Apella’s 2009-2010 exploration drilling, had already been surveyed between 2007 and March 2010. To date, the ground magnetic surveys carried out covering the entire property have shown a direct relationship with the Vanadium, Iron, and Titanium mineralization, and most importantly, more precise locationing of the anomalies and more accurate shapes of the anomalies.

Click here to access the entire news release.

Click here to access Apella’s company profile.