dium-iron-titanium results mirroring those of the Lac Dore deposit and adjoining Lac Dore North Project. Mineralization at the Iron-T Project promises to be extensive, covering a strike of over 10 kilometres. Iron-T mineralization has similarities to such world class deposits as the Rhovan deposit in South Africa. Apella filed a NI 43-101 compliant report on the Iron-T in January 2009. Channel sampling resulted in economic results being released that averaged 0.502% V2O5, 32.42% Fe, and 8.28% TiO2. All three of Apella’s vanadium projects are open along strike and at depth. A 10-hole diamond drilling was recently completed at Lac Dore North. Assays are pending and more drilling is planned with a view to extending the known mineralized zone. Geophysical surveys have also been completed. Further stripping and channel sampling is also planned. Ground geophysics and diamond drilling are planned for fall 2009 on the Iron-T Project with a $1.25 million budget proposed. n
October 2009
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