VANCOUVER, April 2 - Apella Resources Inc. (TSX.V Symbol APA); Frankfurt Symbol (NWN), and its Board of Directors are pleased to announce that the Company has acquired 30 additional mining claims in the Lac Dore Vanadium camp, increasing its Lac Dore interests by 60%. One of the claims acquired hosts a historical drill hole (DDH-13), pre NI 43-101 figures, that contained two significant, key mineralized intersections as follows:
First key intersection: 40.18 meters long ran from 2 meters below surface to the 42 meter mark. It assayed 0.45% (V205) Vanadium Pentoxide and 7.09% (Ti02) Titanium Oxide over the 40.18 meters.
Second key intersection: 98.00 meters long ran from the 85 meter mark to the 183 meter mark. It assayed 1.32% (V205) Vanadium Pentoxide and 8.05% (Ti02) Titanium Oxide over the 98.00 meters.
Included in these new interests are also 12 claims acquired to incorporate the potential for Platinum and Palladium which, like the Bushveld in South Africa, is commonly found to be associated with Vanadium deposits.
Apella has established itself at the forefront of North American vanadium exploration and development. 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 but Apella is poised to become the first.
The qualified person for the purposes of this news release is Dr. Christian G. Derosier, MSc, DSc, geology.
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 RESOURCES INC.
"Patrick D. O'Brien"
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Patrick D. O'Brien - Chairman
S.E.C.Exemption12(g)3-2(b) File No. 82-3822, Standard & Poor's 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 CONSTITUTE 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
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