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Apex Resources Inc.

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Summary

Project:

Ore Hill

Deposit:Ore Hill
Location:Canada
Commodities:Gold
Date:12/17/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-12-2019: Apex Resources Inc. announces an Exploration/Drilling Update report for its Ore Hill deposit at the Ore Hill project. Drilling results incl. 0.30m @ 289.97g/t Au from 178.6m. December 17, 2019, Vancouver, BC., Apex Resources Inc. ("Apex”) (TSX
Resources:x
CP/QP:[Overall Report]: Perry Grunenberg (Not stated)
ABSTRACT:December 17, 2019, Vancouver, BC., Apex Resources Inc. ("Apex”) (TSXV: APX) is pleased to announce it has received positive drilling results from the two 2019 diamond drill holes at its Ore Hill property in southeastern BC. Gold mineralization was intersected in both drill holes. Of the 284 core sections assayed in the two drill holes results ranged from less than detection up to 289.97 g/t gold over 0.30 m. Gold assays and intersection widths for the two NQ size diamond drill holes are summarized below. There is presently insufficient information to determine how intersection widths relate to true widths. The two holes were drilled to test a 1,500 metre long gold-in-soil anomaly located along a north northeast trending structural zone (see News Release of Nov 14, 2018). Hole OH19-1 was collared at UTM coordinates 489407E 5441150N and drilled to a depth of 183 metres at a dip of -60o and a bearing of 160o . Hole OH19-2 was collared 41 metres southwest of OH19-1 and drilled to a depth of 245.9 metres at a dip of -45o and a bearing of 160o . The two holes intersected multiple zones of gold mineralization associated with a sheeted quartz vein system containing native gold and sporadic silver-lead-zinc values.

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