Apella Resources Inc.

Apella Resources Inc.

July 14, 2010 09:51 ET

Apella Resources Inc.: 25.87 Metre (84.55 Feet) Intersection Vanadium-Iron-Titanium Mineralization in Drill-Hole MA-10-33 at Iron-T

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 14, 2010) - Apella Resources Inc. (TSX VENTURE:APA)(FRANKFURT:NWN) and its Board of Directors are pleased to announce that recent drilling continued to intersect highly significant disseminated, semi massive and massive Vanadiferous mineralization on Apella's Iron-T Vanadium-Iron-Titanium project near Matagami, Quebec. Positive assay results continue to be received from ALS Chemex. Results received to date from holes MA-10-33, MA-10-35 and MA-10-38 are outlined in the chart below. Assay results will continue to be released on as they are received basis.

Drilling to date continues to be focused on a concentrated area approximating only 1 – 1.5 kilometres along strike of the perceived 10.5 kilometre mineralized strike length. Apella has not initiated an infill drilling program to date but based on the recent SGS-Geostat Resource Calculation, details of which were released by Apella on July 12th, 2010, Apella expects to incorporate infill drilling into its upcoming drill programs. The primary purpose of the infill drilling will be to; 1) clearly outline, confirm and model the resource in this particular area of the Iron-T, and 2) enhance the quality of that resource.

The results received to date for Holes MA-10-33, MA-10-35 and MA-10-38 are as follows:

HOLE From To Interval
V2O5% Fe2O3% TiO2%
MA-10-33 55.44 m 59.44 m 5.00 metres 16.40 feet 0.32% 46.33% 5.06%
MA-10-33 63.19 m 70.46 m 7.27 metres 23.85 feet 0.33% 37.33% 5.44%
MA-10-33 72.52 m 81.03 m 8.51 metres 27.92 feet 0.55% 46.91% 7.24%
MA-10-33 83.53 m 84.78 m 1.25 metres 4.10 feet 0.30% 26.53% 3.85%
MA-10-33 90.56 m 101.15 m 10.59 metres 34.74 feet 0.33% 30.94% 4.71%
MA-10-33 105.44 m 116.43 m 10.99 metres 36.06 feet 0.30% 28.33% 4.11%
including 90.56 m 116.43 m 25.87 metres 84.55 feet 0.30% 27.91% 4.06%
MA-10-35 54.02 m 56.52 m 2.50 metres 8.20 feet 0.37% 34.18% 3.62%
MA-10-35 60.31 m 66.46 m 6.15 metres 20.18 feet 0.52% 37.36% 4.65%
MA-10-38 7.05 m 8.13 m 1.08 metres 3.54 feet 0.27% 40.15% 4.95%
MA-10-38 29.60 m 30.85 m 0.36 metres 1.18 feet 0.20% 33.13% 4.25%
MA-10-38 62.25 m 63.25 m 1.00 metres 3.28 feet 0.30% 26.62% 3.69%

New Outcrop Discoveries

Apella's field crew has recently discovered 3 new significant outcropping areas on the Iron-T Vanadium-Iron-Titanium Project to the north of where Apella has been carrying on its drilling endeavours. For reference the outcroppings will be known as T-1, T-2 and T-3. Consequently Apella has established a field crew on site to clear, wash and channel sample these outcrops.

The T-1 outcropping, in the Middle North Zone, has been traced over an area about 50 metres by 10 metres so far. It hosts several disseminated to narrow massive zones. The mineralization appears the same as what Apella has been intersecting in most of its drill holes to date. The second stripping program is being carried out on outcropping T-2 which has now been traced over an area approximately 100 metres long by 10-15 metres wide. Several 15-20 cm thick massive oxide layers have been identified inter-bedded with disseminated to semi massive layers and coarse grained metamorphosed gabbro. T-3, the third outcropping has now undergone stripping and washing as well. This outcrop is located around 25 metres north of Apella drill hole MA-10-15. This showing displays numerous semi-massive to massive 25-40cm thick layers and corresponds to a high mag axis calls the II Zone. Apella can now reach this mineralization through a follow-up extension of its diamond drill hole MA-10-14. The drill-hole casings have been left in place for this very reason. It is most likely that an additional hole would be drilled from about 50m west to assure a good intersection of this mineralization.

The press release has been reviewed by Dr. Christian Derosier, P. Geo., Consulting Geologist and Qualified Person for the Iron-T project under National Instrument 43-101.


Patrick D. O'Brien, ICD.D – Chairman

SEC Exemption 12(g)3-2(b) File no. 82-3822, Standard & Poors Listed, Dun & Bradstreet Listed

Apella Resources invites the public to visit its website at 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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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