Apex Resources

Investor Insight

Apex Resources is advancing its Jersey-Emerald project following a completed drill program that confirmed tungsten mineralization and validated expansion potential beyond historical workings. With ongoing interpretation, follow-up targeting, and permitting progress at Lithium Creek, the company offers a clear pipeline of near-term catalysts.

Overview

Apex Resources Inc. (TSXV:APX,OTC:SLMLF) is a North American exploration company focused on advancing critical mineral assets aligned with electrification and supply chain security. The company’s portfolio is anchored by tungsten and lithium projects in two of the most stable mining jurisdictions globally.

In British Columbia, Apex is advancing the past-producing Jersey-Emerald mine, where a recently completed drill program has confirmed tungsten mineralization and demonstrated continuity of known zones. These results validate the historical system and highlight potential extensions beyond previously mined areas.

Company Highlights

• Drilling success: Completed program at Jersey-Emerald intersected tungsten, confirming continuity of mineralized zones
• Expansion potential: Results indicate mineralization extends beyond historical workings, supporting resource growth
• Defined next phase: Updated geological model guiding follow-up drilling and target prioritization
• Dual-commodity strategy: Near-term tungsten upside in BC complemented by lithium exposure in Nevada
• District-scale footprint: 17,500+ hectare land package in the Salmo camp with multiple historic mines
• Compelling lithium indicators: Brine samples up to 393 mg/L with basin-scale targets defined
• Brownfield advantage: Significant legacy infrastructure supports cost-efficient advancement
• Strengthened leadership: New CFO appointment enhances financial and corporate execution

Key Projects

Jersey-Emerald Project (British Columbia)

Jersey-Emerald is Apex’s primary Canadian asset and a past-producing tungsten and zinc mine undergoing modern exploration. Historically a major tungsten producer, the project represents a rare opportunity to re-establish a domestic source of this critical metal.

A recently completed drill program successfully intersected tungsten mineralization, confirming the continuity of known zones and supporting extensions beyond historical workings. These results represent a key step in validating the asset under modern exploration standards.

The program has significantly improved geological understanding, enabling the refinement of the deposit model and identification of high-priority follow-up targets. This transition from historical data to validated drilling marks a meaningful de-risking milestone.

Jersey-Emerald benefits from extensive legacy infrastructure, including underground development and access to power, rail and highways. Situated within a 17,500+ hectare district-scale land package, the project offers both immediate exploration catalysts and broader polymetallic upside.

Lithium Creek Project (Nevada)

Lithium Creek is a district-scale lithium-brine exploration project located within Nevada’s prospective Fernley-Carson Sink basin system. The project targets large, closed-basin environments capable of hosting significant lithium brine accumulations.

Sampling has returned lithium values of up to 393 mg/L, while geophysical surveys have identified deep basin structures and low-resistivity zones consistent with lithium-bearing systems. These results support the potential for a meaningful discovery.

The project is strategically located near Reno and key battery manufacturing infrastructure, enhancing its long-term relevance within the US lithium supply chain. Its scale and geological setting position it as a compelling exploration opportunity.

Lithium Creek is advancing through permitting ahead of initial drilling, representing the company’s primary longer-term growth catalyst. It complements Apex’s near-term tungsten momentum with exposure to a rapidly expanding lithium market.

Management Team

Ron Lang – CEO, President and Director

Ron Lang is a seasoned mining executive with extensive experience in exploration and corporate leadership. He previously served as CEO of Cream Minerals, leading international exploration and development programs. His expertise spans capital markets, negotiations and project advancement. He continues a family legacy in mining linked to the Hemlo gold discovery.

Michael Malana – CFO

Michael Malana is a Chartered Professional Accountant with over 20 years of international experience in financial management, reporting and corporate governance. He has held senior roles across the natural resources, biotechnology and manufacturing sectors. Appointed CFO in December 2025, he strengthens Apex’s financial leadership during a period of active exploration. His experience supports disciplined capital allocation and corporate growth.

Adam Pankratz – Director

Adam Pankratz is a professor at the UBC Sauder School of Business specializing in economics and corporate strategy. He brings expertise in financial systems and governance, with prior experience in financial services and public sector initiatives. His background adds strong analytical and strategic perspective. He supports board-level decision-making and oversight.

Brett Kagetsu – Director

Brett Kagetsu is a corporate finance and securities lawyer with extensive experience advising mining companies. He specializes in governance, compliance and capital markets transactions for public issuers. He has also served as an instructor for TSXV governance programs. His expertise strengthens Apex’s regulatory and corporate framework.

William Feyerabend – Senior Advisor

William Feyerabend is a professional geologist specializing in lithium brine exploration. He has worked extensively across Nevada and other global lithium jurisdictions. He has authored more than 45 technical reports and brings deep basin analysis expertise. He supports the advancement of Lithium Creek.

John Mirko – Special Advisor

John Mirko has over 40 years of experience in mining, spanning exploration, development and production. He has founded and led multiple public companies and contributed to producing assets. He is a recipient of industry awards for mine development and sustainability. His experience provides valuable strategic and operational guidance.