east lode results out, page-4

Found this on the Herald Sun Web news page this avo - he he
boys our bad days are over!! The word is out. Have a real good weekend. A

SHARES in gold and nickel explorer Apex Minerals surged today after news of a significant gold intersection in Western Australia.

At 1455 AEST, Apex shares were up five cents, or 7.94 per cent, to 68 cents after reaching 69.5 cents in early trade.

The company today announced the appointment of AMB Holdings managing director Todd Bennett as a non-executive director.

AMB Holdings is a private investment company with assets including a 25 per cent stake in the Rio Tinto-operated Rhodes Ridge iron ore project in the Pilbara.

Mr Bennett is the grandson of the late Peter Wright, a long-time business partner of mining magnate Lang Hancock.

Apex today reported intersections as high as 29.2 grams per tonne (g/t) at its East Lode North prospect at the Wiluna project.

The company plans to start open-pit mining at the project in October.

The probable reserve at the project under Australia's mineral reporting code is 264,000 tonnes of ore containing 30,000 ounces of gold at 3.3 g/t.

A revised resource and reserve estimate is expected during the current quarter.