Apex Reports Geophysical Results at Its Lithium Creek Project in Churchill County, Nevada
Apex Resources (OTC:SLMLF) has announced encouraging results from its inaugural geophysical survey at the Lithium Creek Project in Churchill County, Nevada. The company completed gravity and HSAMT surveys over 1,650 acres of its approximately 8,100-acre placer claims.
The surveys revealed multiple shallow and deep drill targets with resistivity readings below 2.5-ohm metres, consistent with global lithium brine deposits. The results indicate a deep, structurally complex basin geometry with potential connectivity to a larger regional brine system. Previous surface samples showed high lithium concentrations up to 393 mg/L. The company is now proceeding with drill target selection and will subsequently pursue necessary permits from BLM and NDOM.
Apex Resources (OTC:SLMLF) ha annunciato risultati promettenti dal suo primo sondaggio geofisico presso il Progetto Lithium Creek nella Contea di Churchill, Nevada. L'azienda ha completato indagini di gravità e HSAMT su 1.650 acri delle sue concessioni di circa 8.100 acri di placche minerarie.
Le indagini hanno identificato diversi obiettivi di perforazione, sia superficiali che profondi, con valori di resistività inferiori a 2,5 ohm metri, coerenti con depositi di salamoia di litio a livello globale. I risultati indicano una geometria bacinale profonda e strutturalmente complessa con possibile connessione a un sistema regionale di salamoie più esteso. Campioni superficiali precedenti avevano mostrato alte concentrazioni di litio fino a 393 mg/L. L'azienda sta ora procedendo con la selezione degli obiettivi di perforazione e successivamente richiederà i permessi necessari a BLM e NDOM.
Apex Resources (OTC:SLMLF) ha anunciado resultados alentadores de su primera encuesta geofísica en el Proyecto Lithium Creek en el Condado de Churchill, Nevada. La empresa completó encuestas de gravedad y HSAMT sobre 1,650 acres de sus aproximadamente 8,100 acres de concesiones de placer.
Las encuestas revelaron múltiples objetivos de perforación, tanto superficiales como profundos, con lecturas de resistividad por debajo de 2.5 ohmios metro, consistentes con depósitos globales de salmuera de litio. Los resultados indican una geometría de cuenca profunda y estructuralmente compleja con posible conectividad a un sistema regional de salmuera más grande. Muestras superficiales previas mostraron altas concentraciones de litio de hasta 393 mg/L. La empresa ahora avanza con la selección de objetivos de perforación y posteriormente buscará los permisos necesarios de BLM y NDOM.
Apex Resources (OTC:SLMLF)가 네바다주 처칠 카운티에 위치한 Lithium Creek 프로젝트에서 첫 지구물리 조사 결과를 발표했습니다. 회사는 약 8,100에이커의 플레이서 채굴권 중 1,650에이커에 대해 중력 및 HSAMT 조사를 완료했습니다.
조사 결과 전 세계 리튬 염수 매장지와 일치하는 2.5옴 미터 이하의 저항값을 보이는 여러 얕고 깊은 시추 목표 지점이 확인되었습니다. 결과는 깊고 구조적으로 복잡한 분지 지형과 더 큰 지역 염수 시스템과의 잠재적 연결성을 나타냅니다. 이전 표면 샘플에서는 최대 393 mg/L의 높은 리튬 농도가 확인되었습니다. 회사는 현재 시추 목표 선정 작업을 진행 중이며 이후 BLM과 NDOM으로부터 필요한 허가를 받을 예정입니다.
Apex Resources (OTC:SLMLF) a annoncé des résultats encourageants issus de sa première enquête géophysique au projet Lithium Creek dans le comté de Churchill, Nevada. La société a réalisé des relevés gravimétriques et HSAMT sur 1 650 acres de ses concessions d'environ 8 100 acres.
Les enquêtes ont révélé plusieurs cibles de forage, superficielles et profondes, avec des résistivités inférieures à 2,5 ohm-mètres, compatibles avec des gisements mondiaux de saumures de lithium. Les résultats indiquent une géométrie de bassin profonde et structurellement complexe avec une connectivité potentielle à un système régional de saumures plus vaste. Des échantillons de surface précédents avaient montré des concentrations élevées en lithium allant jusqu'à 393 mg/L. La société procède désormais à la sélection des cibles de forage et sollicitera ensuite les permis nécessaires auprès du BLM et du NDOM.
Apex Resources (OTC:SLMLF) hat ermutigende Ergebnisse seiner ersten geophysikalischen Untersuchung beim Lithium Creek Projekt im Churchill County, Nevada bekannt gegeben. Das Unternehmen führte Schwerkraft- und HSAMT-Untersuchungen über 1.650 Acres seiner rund 8.100 Acres großen Placer-Claims durch.
Die Untersuchungen zeigten mehrere flache und tiefe Bohrziele mit Widerstandswerten unter 2,5 Ohm-Metern, was mit globalen Lithium-Solelagerstätten übereinstimmt. Die Ergebnisse deuten auf eine tiefe, strukturell komplexe Beckenstruktur hin, die potenziell mit einem größeren regionalen Sole-System verbunden ist. Frühere Oberflächenproben zeigten hohe Lithiumkonzentrationen von bis zu 393 mg/L. Das Unternehmen fährt nun mit der Auswahl der Bohrziele fort und wird anschließend die erforderlichen Genehmigungen von BLM und NDOM einholen.
- Geophysical survey revealed resistivity readings below 2.5-ohm metres, consistent with lithium brine deposits globally
- Surface samples showed high lithium concentrations up to 393 mg/L
- Survey identified deep penetrating faults with potential for lithium brine upwelling
- Project area shows potential connectivity with larger regional brine system
- Only 1,650 acres out of 8,100 acres have been surveyed so far
- Project still requires BLM land disturbance and DMRE well permits before drilling can commence
- No actual drilling or lithium production has occurred yet
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - Apex Resources Inc. (TSXV: APX) (OTC Pink: SLMLF) ("Apex" or the "Company") is pleased to announce the results of its inaugural geophysical survey recently completed over a portion of its Lithium Creek Project in Churchill County, Nevada (the "Project").
Gravity and HSAMT surveys were completed over approximately 1,650 acres out of approximately 8,100 acres of placer claims controlled by the Company to assess the depth of basin sediments and potential for low resistivity anomalies indicating the potential existence of lithium-bearing brine reservoirs.
The surveys are intended to inform the location of future drill targets based on the gravity and resistivity lows existing in the area. The survey results are very encouraging - multiple shallow and deep drill targets were generated from the results of the initial surveys. Resistivity of less than 2.5-ohm metres are consistent with lithium brine deposits around the world and the HSMAT survey produced wide indications of low resistivity footprints much less than 2.5-ohm metres to great depth throughout a substantial portion of the areas surveyed (Figure 1). The results of the gravity survey coupled with the HSMAT survey further validate existence of a deep and structurally complex basin geometry with potential connectivity with a much larger regional brine system. The gravity survey suggests more complex basin development than originally expected with resistivity footprints of less than 1-ohm metre in many areas, providing ideal targets for lithium brine exploration drill holes.
Highlighted in the survey was the identification and validation of deep penetrating faults in the Project area. Brines are expected to upwell along these faults manifesting at the surface as Lithium Creek. The low resistivity anomalies seen along the strike of these faults provide further evidence for upwelling and significant potential for a deep, high concentration lithium brine reservoir at the Project. Additional figures and depth sections from the HSAMT survey are posted on the Apex Resources website.
Drill target selection is currently in progress focusing on both deep and shallow low resistivity anomalies less than 1.5-ohm metres. Targets will be selected based on favorable basin geometry, low resistivity and land access. After the Company has selected drill targets, it will proceed with BLM land disturbance permitting and DMRE well permitting with NDOM.
Ron Lang, CEO of Apex Resources, commented "The favorable geophysical survey results combined with near surface samples showing high concentrations of lithium up to 393 mg/L is very encouraging and supports our continued exploration for a potential discovery of a new, district-scale lithium brine reservoir(s) in the United States. Planning is in progress to drill test the mineral contents of the strong sizeable targets identified."
Figure 1: 2D Depth Section
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7205/256596_figure_19_--_sections_30_and_32_line_1_2d_depth_section.jpg
About Apex Resources Inc.
Apex is a mineral exploration company engaged in the business of the acquisition, exploration and development of mineral resource properties. Apex's common shares trade under the symbol "APX" on the TSX-V & "SMLF" on the OTC.
Apex's Lithium Creek Project is located 70 km east of Reno, Nevada. The Project is a new, district scale exploration project that has never been systemically explored or drill tested for lithium brines.
The Project covers approximately 8,240 acres and adjacent lands within the aerially extensive Fernley and Carson Sinks. These sinks have large expansive playas and lay within large hydrographic basins with a combined area of approximately 1.4 million-acres.
The Project is located within 30 minutes of the Nevada lithium battery hub of the Tahoe-Reno Industrial Center ("TRIC") via Interstate Highway I-80, and is ideally located and supported by extensive infrastructure to include existing roads, railroad access, fiber optics and geothermal power.
TRIC is a privately owned 107,000-acre (167 sq mi; 430 km2) industrial park, located in Storey County, east of Reno, Nevada. The center is the largest in the United States (third largest in the world) and is home to more than a hundred companies and their warehouse logistics centers and fulfillment centers such as PetSmart, Home Depot, Walmart and others. The Gigafactory Nevada was built there to serve Tesla, Inc. and Panasonic.
Apex also owns a
The technical information in this news release, prepared in accordance with Canadian National Instrument standards ("NI 43-101"), has been reviewed and approved by Geoffrey Baldwin (PG), (SME), a Qualified Person, who is independent of Apex.
On Behalf of the Board of Directors of
Apex Resources Inc.
Ron Lang,
President & CEO
Ph. +1 (250) 212-7119 or info@apxresources.com website: www.apxresources.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Apex's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256596
FAQ
What were the key findings from Apex Resources' (SLMLF) geophysical survey at Lithium Creek?
How much of Apex Resources' Lithium Creek property has been surveyed?
What are the next steps for Apex Resources (SLMLF) at the Lithium Creek Project?
What indicates the potential presence of lithium at Apex Resources' Nevada project?
