Apella Completes Drill Program on Touchdown Project
Apella Resources Inc. (TSX.V Symbol - (APA); Frankfurt Symbol - (NWN), and its Board of Directors announce that the Company has completed a thirteen hole diamond drill program totaling 2,679 meters, on its wholly owned Touchdown Gold project, which is part of its Chibougamau Assemblage located in the Chapais area, in central Quebec.
Complete assay results have been received for all holes and while some drill results were encouraging, no results of economic value were identified in this most recent drill program.
In 1987, Minnova reported a drill defined resource estimate of 163,295 tonnes grading 5.83 g/t gold on what is now part of Apella's Touchdown Project. Apella is not treating the historical resource estimate as a National Instrument 43-101 defined resource for reserves verified by a qualified person and the historical resource estimate should not be relied upon.
Apella's geological team will continue to assess the merits of the Touchdown Project as to further exploration activities.
The qualified person for the purposes of this news release is Dr. Christian G. Derosier, P.Geo.
Apella invites the public to visit its NEW website at http://www.apellaresources.com/ or e-mail us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it to be added to the Company's e-mail list for press releases and updates.
ON BEHALF OF THE BOARD OF DIRECTORS OF APELLA RESOURCES 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.
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