Vancouver, BC - Thursday, January 22, 2009, 9:00 a.m. PDT
N:\PRECS\MI FORMS - Form 51-102F3 Material Change Report (mj March 2004)
Apella Resources Inc.(TSX.V: APA); (Frankfurt Symbol: NWN)and its Board of Directors are pleased to announce the results of its channel sampling program which was recently completed on its 100-per-cent owned Lac Dore North Vanadium-Titanium-Iron Project. The Lac Dore North property encompasses 18 claims covering an area of approximately 300 hectares (741 acres), covering the Northeast extension of the renowned Lac Dore Vanadium-Titanium-Iron Deposit, over a strike length of 2.6 kilometers (1.6 miles). A total of 60 samples were taken, representing a total length of sampling of about 90 meters and the results are as follows:
Vanadium values from 0.05% to 0.610%, which after conversion to V205, returned values from 0.089% to 1.089%. The average grade of Vanadium Pentoxide (V205) is 0.55%. Titanium (Ti02) values range from 1.33% to 12.30%; the average grade of Titanium (Ti02) is 6.40%. Iron (Fe) values range from 13.23% to 56.50%; the average grade of Iron (Fe) is 32.81%.
These results represent only a small part of the P1 Zone (G.O. Allard, 1990) crossing Apella's claims, however they are compatible with results obtained by the previous owners of the claims. The channel samples did not cross the total width of this zone, therefore the Company's geologist recommends stripping a stratigraphic section across the P1 Zone before undertaking an aggressive drilling program.
During the Fall 2008 exploration program, Apella's field crew stripped and cleared off two large areas, covering several hundred square meters of magnetite-bearing mineralization, as well as four smaller zones. The stripped areas cover part of the P1 Zone which is found at the base of the Layered Series of the Lac Dore Anorthositic Complex. Normally this zone varies from 30 to 90 meters in thickness. It is the only zone which contains economic values of Vanadium. The P1 Zone is made of an alternation of leucocratic ferrogabbro, magnetite rich ferrogabbro, ferropyroxennite, magnetite rich pyroxenite and magnetitites. The channel sampling cut part of this alternation like a horizontal drill hole. It is consequently normal to obtain samples presenting rich and low Vanadium contents.
On one of the stripped areas, two Northwest oriented transversal lines, situated 25 meters apart, were sawed down to a 5 centimeter (2 inches) depth. The channels are 5 centimeters (2 inches) in width. Channel samples, recovered with a hammer and chisel, are an average of 1 meter in length and between 2.44 and 7.42 kilograms in weight.
Trench Number |
Sample ID |
Fe |
V% |
V2O5 |
TiO2 |
V1-1 |
825431 |
30.60 |
0.387 |
0.691 |
7.42 |
V1-2 |
825432 |
39.90 |
0.409 |
0.730 |
10.20 |
V1-3 |
825433 |
37.20 |
0.401 |
0.716 |
8.58 |
V1-4 |
825434 |
30.20 |
0.337 |
0.602 |
6.94 |
V1-5 |
825435 |
31.20 |
0.341 |
0.609 |
7.07 |
V1-6 |
825436 |
45.00 |
0.503 |
0.898 |
10.25 |
V2-1 |
825437 |
53.40 |
0.610 |
1.089 |
12.30 |
V2-2 |
825438 |
45.90 |
0.521 |
0.930 |
10.35 |
V2-3 |
825439 |
48.60 |
0.544 |
0.971 |
11.05 |
V2-4 |
825440 |
50.30 |
0.565 |
1.009 |
11.65 |
V2-5 |
825441 |
36.60 |
0.400 |
0.714 |
8.43 |
V2-6 |
825442 |
45.50 |
0.517 |
0.923 |
10.75 |
V3-1 |
825443 |
24.10 |
0.178 |
0.318 |
4.26 |
V3-2 |
825444 |
17.05 |
0.164 |
0.293 |
3.49 |
V3-3 |
825445 |
29.40 |
0.324 |
0.578 |
6.42 |
V3-4 |
825446 |
34.80 |
0.393 |
0.702 |
7.72 |
V3-5 |
825447 |
28.60 |
0.321 |
0.573 |
6.17 |
V4-1 |
825448 |
35.60 |
0.390 |
0.696 |
7.40 |
V4-2 |
825449 |
32.50 |
0.357 |
0.637 |
6.93 |
V4-3 |
825450 |
26.20 |
0.257 |
0.459 |
5.15 |
V5-1 |
825451 |
29.20 |
0.319 |
0.569 |
6.32 |
V6-1 |
825452 |
34.30 |
0.385 |
0.687 |
7.80 |
V6-2 |
825453 |
39.50 |
0.447 |
0.798 |
8.86 |
V6-3 |
825454 |
46.60 |
0.543 |
0.969 |
10.70 |
V6-4 |
825455 |
19.05 |
0.193 |
0.345 |
3.97 |
V6-5 |
825456 |
22.00 |
0.214 |
0.382 |
4.60 |
V7-1 |
825457 |
46.80 |
0.536 |
0.957 |
10.25 |
V8-1 |
825458 |
23.90 |
0.242 |
0.432 |
4.97 |
V8-2 |
825459 |
17.20 |
0.155 |
0.277 |
3.18 |
V8-3 |
825460 |
17.50 |
0.168 |
0.300 |
3.36 |
V8-4 |
825461 |
13.75 |
0.128 |
0.228 |
2.77 |
V9-1 |
825462 |
40.50 |
0.437 |
0.780 |
8.51 |
V9-2 |
825463 |
36.90 |
0.395 |
0.705 |
7.81 |
V6-0 |
825464 |
13.24 |
0.070 |
0.125 |
1.93 |
V6-6 |
825465 |
34.42 |
0.270 |
0.482 |
5.80 |
V6-7 |
825466 |
29.61 |
0.220 |
0.393 |
5.03 |
V6-8 |
825467 |
30.77 |
0.160 |
0.286 |
3.62 |
V6-9 |
825468 |
30.21 |
0.190 |
0.339 |
4.09 |
V6-10 |
825469 |
13.72 |
0.050 |
0.089 |
1.33 |
V6-11 |
825470 |
15.96 |
0.090 |
0.161 |
2.36 |
V6-12 |
825471 |
30.00 |
0.230 |
0.411 |
5.00 |
V6-13 |
825472 |
13.63 |
0.070 |
0.125 |
1.83 |
V6-14 |
825473 |
19.45 |
0.110 |
0.196 |
2.71 |
V6-15 |
825474 |
32.15 |
0.240 |
0.428 |
5.39 |
V6-16 |
825475 |
27.09 |
0.180 |
0.321 |
4.28 |
V6-17 |
825476 |
24.31 |
0.160 |
0.286 |
3.98 |
V6-18 |
825477 |
27.26 |
0.190 |
0.339 |
4.47 |
V6-19 |
825478 |
52.10 |
0.430 |
0.768 |
8.91 |
V6-20 |
825479 |
49.01 |
0.430 |
0.768 |
8.75 |
V6-21 |
825480 |
28.00 |
0.220 |
0.393 |
4.64 |
V6-22 |
825481 |
43.41 |
0.340 |
0.607 |
7.09 |
V6-23 |
825482 |
53.26 |
0.440 |
0.785 |
9.19 |
V6-24 |
825483 |
25.40 |
0.180 |
0.321 |
3.94 |
V6-25 |
825484 |
31.70 |
0.260 |
0.464 |
5.59 |
V6-26 |
825485 |
27.13 |
0.200 |
0.357 |
4.58 |
V10-1 |
825486 |
33.09 |
0.270 |
0.482 |
5.84 |
V10-2 |
825487 |
39.95 |
0.280 |
0.500 |
5.98 |
V10-3 |
825488 |
56.50 |
0.440 |
0.785 |
9.19 |
V10-4 |
825489 |
56.20 |
0.450 |
0.803 |
9.25 |
V10-5 |
825490 |
21.17 |
0.140 |
0.250 |
3.35 |
Samples were analyzed by ALS-Chemex laboratories in Val d'Or, Quebec and in Perth, Australia, using two different methods. The first method is aimed at Iron ore. It consists of a fusion followed by X-Ray fluorescence spectrometry (ME-XRF-11). The accuracy for Vanadium is 0.001%. However, shipping the samples to Australia required a long quarantine period which does not allow for results prior to a three month time period. Consequently, the Company requested that the laboratory propose a method of assaying providing almost the same results but with a much shorter waiting period. The second batch of samples were treated by fusion (lithium metaborate) followed by X-Ray fluorescence (ME-XRF-06). Results were obtained within three weeks using this method.
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 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"
Patrick D. O'Brien - Chairman
S.E.C.. Exemption 12(g)3-2(b) File No. 82-3822, Standard & Poors Listed, Dun & Bradstreet Listed
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