Lac Dore North Vanadium-Titanium Project Expansion
Apella Resources Inc. (TSX.V Symbol (APA); Frankfurt Symbol (NWN), and its Board of Directors are pleased to announce the addition of 340 acres to the Company's Lac Dore North Vanadium Project situated near Chibougamau Quebec. The Lac Dore North Project is now comprised of a total of 53 mining claims and 27 cells in which Apella has a 100-per-cent interest.
The Lac Dore North Vanadium-Titanium-Iron Project, coupled with the Company's Iron-T Vanadium-Titanium-Iron Project and a pending application for claims covering parts of the Lac Dore Vanadium Deposit, clearly establishes Apella at the forefront of North American vanadium exploration and development.
Vanadium is a strategic metal, used mainly in the production of high-strength steel alloys (for tools and oil-and-gas pipelines) and specialized metal alloys for aerospace engines and airframe materials. 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. Vanadium is also likely to become a main constituent in the next generation of rechargeable lithium batteries. These technologies are currently being implemented in Japan and 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 becoming the only current primary North American Vanadium Producer through decisive acquisition and development.
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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