VANCOUVER, British Columbia, May 1, 2008 (PRIME NEWSWIRE) -- The Smartstox Online TV Talk Show is alerting subscribers and other resource stock investors to the recent developments announced by these Smartstox-profiled companies.
Apella Resources Inc. (TSX-V:APA) (Frankfurt:NWN) has just started a 3,500 meter drill program at their Touchdown gold project in Quebec's Chibogamau region. Apella is testing a number of targets identified through recent borehole, surface, and airborne geophysical surveys. The property saw exploration in the late 1980s, before the price of gold withered away, and had an historic resource estimate of 163,295 tonnes of 5.83 grams/tonne gold. Earlier in April, Apella announced that vanadium expert Dr. Mehmet Taner had joined Apella's advisory board; Apella holds large vanadium deposits in Quebec. Apella Vice President Adrian O'Brien tells us more about their properties and exploration activities in our Smartstox interview available at http://www.smartstox.com/interviews/apa.php.
Eaglecrest Explorations Ltd. (TSX-V:EEL) (Frankfurt:EAT) continues to have good news come out of the recent drilling at their San Simon project in northeast Bolivia. This week they reported the highest gold grade-thickness interval in the company's drilling history. Hole DH327, which was testing the L484 gold shoot, returned an interval with an estimated true thickness of 3.7 meters that assayed 27.8 grams/tonne gold. A few weeks ago it was reported that drilling on the neighboring L483 shoot identified 9.65 meters of 7.9 g/t gold. President Hans Rasmussen tells us about San Simon and its potential in our Smartstox interview at http://www.smartstox.com/interviews/eel.php.
Avalon Ventures Ltd. (TSX-V:AVL) just announced that material from their calcium-feldspar deposit west of Timmins ON was successfully employed in fiberglass formulation tests, lending a 10% energy savings over the baseline data. A more comprehensive trial to determine long-term furnace behaviour, energy savings, and glass output is still needed, but the company is proceeding with the permitting needed to move the deposit into production. Last week Avalon reported that drilling at their flagship Thor Lake project southeast of Yellowknife, NWT was ahead of schedule, and that preliminary results indicate that the more valuable heavy rare earth mineralized zones do extend into the Lake Zone. Avalon's VP Exploration, William Mercer, talked to us in depth about Thor Lake in our interview available at http://www.smartstox.com/interviews/avl.php.
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