20264 releases
Apex Grants Option to Acquire a Mineral Claim
An option agreement effective October 1, 2026 grants ReOsiris Inc., an arm's-length party, the exclusive option to acquire Apex Resources' 100% interest in the Wau mineral claim (tenure No. 1136563) in British Columbia, including tailings and waste rock. ReOsiris pays a non-refundable upfront cash payment of $20,000 for the option grant, plus $250,000 in cash on exercise, with 12 months to decide. The upfront payment is not credited against the exercise price. Amounts are in Canadian dollars.
AcquisitionApex Resources Receives TSX Venture Exchange Acceptance to Grant of Option to Tungsten Reserve Corp. (formerly, Fortress Strategic Metals) to Explore and Mine Tungsten Zones in the Jersey-Emerald Project in BC
TSX Venture Exchange acceptance has been received for a mining option agreement granting Tungsten Reserve Corp. (formerly Fortress Strategic Metals Corp.) the exclusive option to earn up to 100% of 22 mineral claims in the Jersey-Emerald Project near Salmo, British Columbia, solely for exploration and mining of the Tungsten Zones. Consideration includes $150,000 cash plus $1,000,000 in shares or special warrants for 25%, $3,000,000 for 75% by August 31, 2027 with an 8,000-metre drill program and PEA, and $4,000,000 for 100% by February 28, 2029, plus $50,000 annual payments from February 28, 2027, $6,000,000 in shares and a 2.0% NSR on commercial production.
CorporateApex Resources Adopts Semi-Annual Financial Reporting
Apex Resources has elected to adopt semi-annual financial reporting under CSA Coordinated Blanket Order 51-933, a pilot program allowing eligible TSXV venture issuers to move from quarterly to semi-annual reporting. The Company will not file interim reports or MD&A for the three months ended March 31, 2026 or the nine months ended September 30, 2026, and subsequent March 31 and September 30 periods. Its next interim report covers the six months ended June 30, 2026, due within 60 days.
CorporateApex Resources Grants Option to Fortress Strategic Metals to Explore and Mine Tungsten Zones in the Jersey-Emerald Project in BC and Appointment of Officer
A mining option agreement signed May 15, 2026 grants Fortress Strategic Metals Corp. the right to earn up to 100% of 22 mineral claims covering the tungsten zones of the Jersey-Emerald Project near Salmo, British Columbia. Staged terms include $1,000,000 in Fortress shares plus $150,000 cash for 25%; an 8,000-metre drill program, a PEA and $3,000,000 in special warrants for 75% by August 31, 2027; and a feasibility study or construction decision plus $4,000,000 for 100% by February 28, 2029. Connor Malek was appointed Vice-President, Exploration of Canadian Projects.
Acquisition
202510 releases
Apex Provides Corporate Update
Michael Malana has been appointed Chief Financial Officer effective December 12, 2025, following the resignation of Dennis Cojuco. Malana has more than 20 years of experience in financial management and reporting, holds a Bachelor of Commerce from Concordia University and is a Chartered Professional Accountant. Apex also clarified that exploration and development expenditures due on or before August 25, 2026 under the amended Lithium Creek Project option agreement increased from $1,000,000, not $1,200,000, to $1,266,000.
CorporateApex Completes Critical Minerals Drilling at the Jersey-Emerald Property
A drilling program totalling 938.5 m across five drillholes has been completed at the Jersey-Emerald Property in southern British Columbia, located about 20 km by road from Salmo. The 2025 campaign targeted tungsten, zinc and bismuth mineralization, all on Canada's critical minerals list. Assay results are pending and the Company will provide an update when received.
Drill resultsApex Commences Drilling at Jersey Emerald Property and Announces Amendment to Terms of Lithium Creek Option Agreement
Drilling has begun at the wholly owned Jersey Emerald Property in southern British Columbia, targeting tungsten and zinc, with several holes planned to test a new area of tungsten mineralization south of the historic mining area and the current tungsten resource. Terms of the Lithium Creek Project option agreement in Nevada were also amended: the US$150,000 cash payment due August 25, 2025 was cut to US$75,000, expenditures due by that date reduced from US$700,000 to US$434,000, those due by August 25, 2026 increased from US$1,200,000 to US$1,266,000, and 2,700,000 shares are to be issued to the optionor within five business days of TSX Venture Exchange approval.
Drill resultsApex Announces Update on Financing
A further tranche of the non-brokered financing announced July 25, 2025 and September 3, 2025 will not proceed. Apex Resources instead intends to raise up to $250,000 through a non-brokered flow-through financing of up to 3,571,429 FT Units at $0.07 per unit, each comprising one flow-through share and one-half warrant exercisable at $0.10 for two years. Proceeds will fund Canadian exploration expenses; finder's fees of up to 7% cash and 7% warrants may be paid, subject to TSX Venture Exchange approval.
FinancingApex Closes $400,000 Financing
The first tranche of a non-brokered financing has closed, with 8,000,000 non-flow-through units issued at $0.05 per unit for gross proceeds of $400,000. Each unit includes one common share and one-half warrant exercisable at $0.10 for two years, expiring August 29, 2027, subject to an acceleration provision. Insiders acquired $150,000 of the financing; no finder's fees were paid, and proceeds will fund projects and working capital, with remaining tranches still intended.
FinancingApex Announces Repricing of Financing
The previously announced non-brokered financing has been re-priced to raise up to $1,000,000, comprising up to 6,250,000 flow-through shares at $0.08 for up to $500,000 and up to 10,000,000 non-flow-through units at $0.05 for up to $500,000. Each unit includes one common share and one-half warrant exercisable at $0.10 for two years, subject to accelerated expiry if shares close at or above $0.20 for 10 consecutive trading days. Flow-through proceeds will fund Canadian exploration expenses at the Jersey-Emerald property in southern British Columbia; the financing requires TSX Venture Exchange approval.
FinancingApex Reports Geophysical Results at Its Lithium Creek Project in Churchill County, Nevada
Gravity and HSAMT geophysical surveys have been completed over approximately 1,650 acres of the roughly 8,100 acres of placer claims at the Lithium Creek Project in Churchill County, Nevada, generating multiple shallow and deep drill targets. The HSAMT survey indicated wide low-resistivity footprints well below 2.5-ohm metres to great depth, with areas under 1-ohm metre, and identified deep penetrating faults. Drill target selection is under way, to be followed by BLM land disturbance permitting and DMRE well permitting with NDOM.
Drill resultsApex Announces Financing for Critical Minerals and Precious Metals at Jersey-Emerald Property
A non-brokered financing of up to $1,000,000 is planned, consisting of up to 5,000,000 flow-through shares at $0.10 for up to $500,000 and up to 7,142,858 non-flow-through units at $0.07 for up to $500,000, each unit including one share and one-half warrant exercisable at $0.12 for two years, subject to accelerated expiry if shares close at or above $0.20 for 10 consecutive trading days. Flow-through proceeds will fund Canadian exploration expenses; the financing requires TSX Venture Exchange approval.
FinancingApex Finalizes Drilling Plans for Critical Minerals and Gold at Jersey-Emerald
Planning is nearing completion for an initial seven-hole, approximately 955 m surface diamond drill program at the wholly owned Jersey-Emerald Property in southern British Columbia, with all holes targeting minerals on Canada's Critical Minerals List. The first two holes will test zinc (germanium + gallium) mineralization and the remaining five will target two separate gold zones, where gold is associated with bismuth, tellurium, tungsten and molybdenum. Four of the seven holes are on Apex's private land. Final geophysical results at the Lithium Creek Project in Nevada are expected shortly.
Drill resultsPre-Drilling Geophysical Survey Program Conducted at Apex’s Lithium Creek Project
Gravity and Hybrid-Source Audio-Frequency Magnetotelluric (HSAMT) geophysical surveys have begun in the Fernley Sink target area of the Lithium Creek Project in Churchill County, Nevada, to generate drill hole targets for a maiden drilling program. Apex Resources will report final geophysical results and approximate drill targets once surveys are completed and data interpreted, with permitting to commence after drill site selection. The Project covers approximately 8,240 acres and lies 70 km east of Reno.
Drill results
202410 releases
Apex Commences Initiation of Pre-Drilling Works at Its Lithium Creek Project in Churchill County, Nevada
Geophysical and geological studies have begun at the Lithium Creek lithium brine project in Churchill County, Nevada, ahead of a planned deep drilling program. Magnetotelluric and seismic survey lines will be run across strategic locations to refine lithium brine reservoir targets, complementing a reinterpretation of existing geophysical data. Drill targets will be selected from the combined surveys and shallow groundwater sampling results announced October 3, 2024, with permitting to proceed concurrently. The project covers approximately 8,240 acres, 70 km east of Reno.
Drill resultsApex Expands Claim Coverage at Its Lithium Creek Project in Churchill County, Nevada
176 additional placer mining claims covering approximately 3,520 acres have been staked and recorded with the BLM in the Carson Sink and Humboldt Sinks, Churchill County, Nevada, increasing the Lithium Creek Project land position from approximately 4,720 acres to 8,240 acres. Nearly half of the brine samples from the latest sampling round returned lithium concentrations exceeding 50 mg/L, ranging up to 393 mg/L. Planning is underway for the next phase of exploration.
CorporateApex Samples 393 mg/L of Li from the Lithium Creek Project
Fluid sampling at the Lithium Creek Project in Churchill County, Nevada returned lithium values ranging from 393 mg/L to 4.65 mg/L, with 55% of samples above 50 mg/L. The 25 samples were collected from 20 shallow hand-augured test holes 1-2 metres deep, one historic well and one surface water sample from Lithium Creek, and analyzed by WET Lab in Sparks, Nevada. Samples above 100 mg/L will be recollected for confirmatory analysis. The project covers about 4,720 acres across 10 non-contiguous placer claim blocks.
Drill resultsApex Receives Preliminary Analytical Results of Lithium Brine Discovery from the Lithium Creek Project
Preliminary analytical results from shallow groundwater samples at the Lithium Creek Project in Churchill County, Nevada indicate the presence of a lithium enriched brine aquifer. Hand-dug auger holes were excavated 1-2 meters below ground surface across the project area by a consulting geologist from Applied Hydrologic of Reno, Nevada, with groundwater samples collected for lithium analysis and the holes backfilled with native material. Final results are pending. The project lies approximately 35 miles from Nevada's lithium battery hub outside Reno.
Drill resultsApex Completes Groundwater Sampling
A shallow groundwater sampling program has been completed at the Lithium Creek Project in Churchill County, Nevada, collecting shallow groundwater and sediment samples from hand-dug and augured test holes, plus water samples from Lithium Creek and a historic well; groundwater was generally encountered 0.5–1.5 metres below surface in playa sediments. Laboratory results are pending, with magnetotelluric and gravity surveys to follow. The Company also granted 4,375,000 incentive stock options exercisable for five years at $0.08 per common share.
NewsApex Announces Leadership Appointments
Director Ronald Lang has been appointed Interim President and Chief Executive Officer of Apex Resources Inc., effective immediately, and Brett Kagetsu has joined the Board of Directors. Jay Roberge has resigned as President and Director. Apex holds an option to acquire the Lithium Creek Property in Churchill County, Nevada, where it is conducting lithium brine exploration to identify and define drill targets.
ManagementApex Begins Lithium Brine Exploration Program at the Lithium Creek Project in Nevada
Lithium brine exploration has begun at the newly acquired Lithium Creek Project, about 4,720 acres of active mining claims in Churchill County, Nevada, with the aim of defining drill targets into lithium brine bearing aquifers. The program includes magnetotelluric, gravity and possibly seismic surveys plus surface water and shallow groundwater sampling and geochemical analysis. Prior analyses showed lithium of 13 to 22 mg/L in Lithium Creek, 210 to 330 mg/L in historic evaporation vats, and 34 to 56 mg/L in historic wells and pits.
Drill resultsApex Receives Final Approval of Lithium Creek Option Acquisition and Closes Financing
Final TSX Venture Exchange acceptance has been received for the acquisition of all shares of 1434001 B.C. Ltd., which holds a 100% option over the Lithium Creek Property in Nevada, USA, in exchange for USD $80,000 cash and 18,000,000 common shares held in Tier 2 escrow. Exercising the option requires USD $2,400,000 in option payments and USD $11,800,000 in exploration and development expenditures, with the property subject to a 3.0% gross overriding royalty. A concurrent non-brokered private placement closed for gross proceeds of $630,000 through 9,000,000 units, each with a warrant exercisable at $0.12 until May 22, 2026.
AcquisitionApex Announces Resumption of Trading and Receipt of TSX Venture Exchange Conditional Approval of Lithium Creek Option Acquisition
Trading in Apex Resources shares will resume at the open on Thursday, May 9, 2024, and the TSX Venture Exchange has conditionally accepted the acquisition of all shares of an arm's length corporation holding a 100% option over the consolidated mineral rights of the Lithium Creek Property in Nevada, USA. The concurrent non-brokered private placement has been reduced to 9,000,000 units for gross proceeds of $630,000, each unit including a two-year warrant exercisable at $0.12. The 18 million shares issued to vendors go into Tier 2 escrow, with completion expected mid-late May. Apex also cancelled 1,500,000 options granted January 9, 2024 at the TSXV's request.
CorporateApex Update Report on Trading Halt
Trading in Apex Resources' common shares has been halted on the TSXV since January 9, 2024 pending Exchange review of its proposed acquisition of all shares of an arm's length corporation holding a 100% option over the consolidated mineral rights of the Lithium Creek Property in Nevada, USA, which qualifies as a Fundamental Acquisition under TSXV Policy 5.3. The halt will be lifted once conditions under Section 5.6 are met, including review of an NI 43-101 technical report. The previously announced non-brokered private placement will proceed, with all shares issued subject to a four month hold period.
Corporate