VANCOUVER, Oct. 2 /CNW/ - Apella Resources Inc. (TSX.V Symbol (APA);
Frankfurt Symbol (NWN), is pleased to announce that the company has commenced
and is currently undertaking its fall 2008 field exploration program on its
100% owned Lac Dore North Vanadium-Titanium-Iron Zone.
Apella's field crew has cleared off several hundred metres of magnetite
bearing mineralization at surface for channel sampling. The mineralization
exposed to date appears to have striking similarities to that which surfaces
at the adjoining 102 million tonne/5.5 billion pound Lac Dore
Vanadium-Titanium-Iron Deposit which Apella staked in August 2007. So far more
than 35 one-metre long channel samples have been sawn across various areas of
the new surfacing mineralization. High-pressure washing equipment and
mechanical devices are being utilized to clear and clean the mineralization
for sampling. Due to the significance of the mineralization that has been
exposed so far by the field crew, the company is now considering the merits of
immediately taking out a small bulk sample from the surface mineralization for
This specific block of Apella's Lac Dore claims presently being explored,
is being identified as the Lac Dore North Zone and encompasses only 18 claims
of Apella's overall Lac Dore assemblage. This area covers some 300 sq,
Hectares (741 Sq. Acres) and appears to have a considerable south-to-north
strike length of approximately 2.6 kilometres (1.6 miles). The newly exposed
mineralization is compelling and there is a possibility that Apella could be
in the process of delineating a new Lac Dore ore zone on the Lac Dore North.
The identification of this large mineralized zone comes at a very
important time as the company is laying out its long term strategies for
exploration and development of the Lac Dore area and can now place significant
emphasis on this area as well.
The qualified person for the purposes of this news release is Dr.
Christian G. Derosier, P.Geo.
In other news the company is awaiting assays from surface samples
recently taken from its wholly-owned Iron-T Vanadium-Titanium-Iron Project
situated in Central Quebec, near the mining centre of Matagami. The Iron-T
Project is comprised of a total of 150 mining claims in which Apella has a
100-per-cent interest. The claims cover parts of the renowned Bell River
Complex, where previous exploration work carried out by Noranda Inc. during
the 1990's delineated and confirmed the presence of vanadium, titanium and
iron mineralization over a distance of about 20 km.
Apella invites the public to visit its NEW website at
http://www.Apellaresources.com or e-mail us at Apella@Apellaresources.com to
be added to the Company's e-mail list for press releases and updates.
ON BEHALF OF THE BOARD OF DIRECTORS OF APELLA RE
"Patrick D. O'Brien"
Patrick D. O'Brien - Chairman
S.E.C.Exemption12(g)3-2(b) File No. 82-3822, Standard & Poors Listed, Dun
& Bradstreet Listed.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. THIS NEWS RELEASE
SHALL NOT CONSTITUITE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY
SECURITIES IN ANY JURISDICTION. "SAFE HARBOR" STATEMENT UNDER THE PRIVATE
SECURITIES LITIGATION REFORM ACT OF 1995: THIS NEWS RELEASE CONTAINS FORWARD
LOOKING STATEMENTS THAT ARE NOT HISTORICAL FACTS AND ARE SUBJECT TO RISKS AND
UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE
SET FORTH IN OR IMPLIED HEREIN
For further information:
For further information: Suite 1600, The Bower Building, 543 Granville
Street, Vancouver, British Columbia, Canada, V6C 1X8, Tel: (604) 683-8990,
Toll-Free: 1-800-663-8990, Fax: (604) 683-8903, www.apellaresources.com,