Apella Increases Vanadium Interests



    VANCOUVER, July 2 /CNW/ - Apella Resources Inc. (TSX.V Symbol (APA);
Frankfurt Symbol (NWN), and its Board of Directors are pleased to announce the
addition of 133 claims to the Company's wholly-owned Iron-T Vanadium Project
situated in Central Quebec, west of the mining centre of Matagami. 10 of the
newly added claims were acquired from the original owners of the Iron-T who
had previously applied for and have since received title and transferred to
Apella, as part of the purchase agreement. The other 123 newly added claims
were recently acquired by way of ground staking. The Iron-T Project is now
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.
    The Iron-T Vanadium-Titanium-Iron Project, coupled with the Company's
Sideline Vanadium-Titanium-Iron Project (adjoining the well-known Lac Dore
deposit) and the pending claim application covering the reported 102 million
tonne/5.5 billion-pound Lac Dore deposit, clearly establishes Apella at the
forefront of North American vanadium exploration and development. Apella
cautions readers that the numbers and quotes pertaining to reserves are
historical and pre-NI 43-101 in nature and are derived from sources outside of
Apella.
    Vanadium is a strategic metal, used mostly in the production of
high-strength steel alloys (for tools and oil-and-gas pipelines) and
specialized metal alloys for the aerospace industry. Another emerging market
for Vanadium comes with the development of Vanadium-redox-flow batteries which
are not only environmentally friendly, but can be charged and recharged more
than 10,000 times and maintain their charge almost indefinitely. Already fully
implemented in Japan, its applications range from heavy industrial use to
hybrid automobiles and electronics. Russia and South Africa are currently the
world's primary vanadium producers.
    The Company is committed to a strategic goal of attaining production
through decisive acquisition and development. To date, North America has no
primary sources of Vanadium production and Apella Resources is poised to
become the first.
    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

SOURCES INC. "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,
apella@apellaresources.com

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APELLA RESOURCES INC.

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