~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ DRILL RIG RETURNS TO IRON-T VANADIUM-IRON-TITANIUM DEPOSIT ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Vancouver, BC - March 7, 2011 Apella Resources Inc.

(TSX.V: "APA"), (U.S.A.

OTCQX: "APAFF"), and (Frankfurt Symbol: "NWN") is pleased to announce that the company approved the next phase of diamond drilling to commence in March 2011, on its 146 claim, 3,995.97 ha Iron-T Vanadium-Iron-Titanium Project situated near Matagami, Quebec. This latest phase of diamond drilling will include approximately 2,300 metres, comprised of an expected 23 holes at a length of 100m each.

Apella will perform in-fill drilling in the area it has already outlined and inferred 11.6 million tonnes of mineralization.

In addition a number of step-out holes targeted at the western extension of the overall geophysical anomalies will be drilled.

The 10 drill targets selected by the geophysicist will confirm the potential overall dimensional size of this world-class magmatic Fe-Ti-V oxide deposit.

The Iron-T is ideally situated in the ore-rich Bell River complex where the close proximity to rail and power will prove important. The companys recent 212 km GPS integrated ground magnetic field survey, along 100m centres, identified an array of extensive Vanadium, Iron and Titanium drill targets reaching to the western extension boundary area of the Iron-T.

This new survey covered about 50% of the total area of the Iron-T Vanadium-Iron-Titanium Project.

The east-central and eastern parts of the Iron-T Project, which were the subject of Apellas 2009-2010 exploration drilling, had already been surveyed between 2007 and March 2010.

To date, the ground magnetic surveys carried out covering the entire property have shown a direct relationship with the Vanadium, Iron, and Titanium mineralization, and most importantly, more precise locationing of the anomalies and more accurate shapes of the anomalies.

The identification of drillable anomalies spanning the NW-SE strike of the project is very compelling. Early on, Apellas team had identified targetable areas over a strike length of approximately 15.5 kms.

Due to the interpretation of the recent surveying, and past data, Apella is now confident that the targetable anomalies can now be extended to cover a strike of more than 22 kms, when including both the earlier identified 15.5 kms of the WNW to SSE strike and the new NNW to SSE derivative anomaly previously not included. Apellas CEO Patrick D OBrien, ICD.D comments, "Our teams efforts to date on the Iron-T have been highly successful.

Apellas updated NI 43-101 which includes the Companys last 15 holes of drilling, trench sampling, metallurgy and the latest tonnage estimate is currently being completed by SGS-Geostat and anticipated to be released prior to the completion of this next phase of drilling.

We are delighted with the potential the Iron-T is exhibiting." Apellas earlier NI-43-101-compliant report and resource calculation of 11.6 million tonnes was presented to Apella by SGS-Geostat in August 2010.

The inferred 11.6 million resource described in that report did not include:
* assay results from 15 additional drill holes * assay results from 2 extended drill holes * assay results from 85 channel samples taken from newly discovered zones This newly updated NI 43-101-compliant technical report, metallurgy and resource estimate now being completed by SGS-Geostat will include the assay results obtained from Apellas most recent 15 holes drilled in 2010 and the 2 drill-hole extensions carried out in 2010 on two holes from the earlier 2009-2010 drill programs.

These new holes, coupled with the drill-hole extensions will add a total of 2,222 m (7,290 feet) of drill results to the new resource calculation be completed.

There are also 85 channel samples which were derived in summer 2010 from the 3 newly discovered outcropping areas identified at the time of Apellas last diamond drilling. The New Results For The Extensions Of Drill Holes MA-10-11 and MA-10-20 Are As Follows: MA-10-11 - EXTENDED HOLE RESULTS FROM (m / ft) TO (m / ft) LENGTH (m / ft) Fe2O3 % TiO2 % V2O5 % V2O5 Eq 150.49 / 493.73 188.44 / 618.24 37.95 / 124.51 27.85 6.69 0.42 0.76 193.32 / 634.25 293.21 / 961.98 99.89 / 327.72 33.07 7.79 0.41 0.82 MA-10-20 - EXTENDED HOLE RESULTS FROM (m/ft) TO (m/ft) LENGTH (m/ft) Fe2O3 % TiO2 % V2O5 % V2O5 Eq 119.50 / 392.06 231.00 / 757.87 111.5 / 365.81 19.53 3.98 0.33 0.57 including 135.30 / 443.90 156.35 / 512.96 21.05 / 69.06 30.83 6.63 0.54 0.92 and including 208.65 / 684.55 216.91 / 711.65 8.26 / 27.10 29.07 7.18 0.60 0.96 The New Results For The Two Drill Holes MA-10-25 and MA-10-31 ARE AS Follows: MA-10-25 DRILL HOLE - NEW RESULTS FROM (m/ft) TO (m/ft) LENGTH (m/ft) Fe2O3 % TiO2 % V2O5 % V2O5 Eq 71.59 / 234.88 74.88 / 245.67 3.29 / 10.79 25.31 4.85 0.44 0.75 including 151.7 / 497.70 180.00 / 590.55 28.3 / 92.85 21.49 4.81 0.39 0.66 including 154.2 / 505.91 169.08 / 554.72 14.88 / 48.82 30.65 7.76 0.61 1.00 MA-10-31 NEW DRILL HOLE - NEW RESULTS FROM (m/ft) TO (m/ft) LENGTH (m/ft) Fe2O3 % TiO2 % V2O5 % V2O5 Eq 8.52 / 27.95 29.65 /97.28 21.13 / 69.32 29.63 7.62 0.55 0.92 85.94 / 281.96 95.83 / 314.40 9.89 / 32.45 29.55 5.66 0.45 0.81 102.20 / 3335.30 119.53 / 392.16 17.33 / 56.86 19.56 4.19 0.35 0.59 123.28 / 404.46 127.05 / 416.83 3.77 / 12.37 19.52 4.15 0.33 0.57 159.10 / 521.98 162.32 / 532.55 3.22 / 10.56 17.79 4.14 0.33 0.55 The previously released results for the other thirteen drill holes that will now also be included in the new SGS-Geostat resource calculation are presented below: HOLE From To Interval Meterage Interval Footage Fe2O3 % TiO2 % V2O5 % V2O5 Eq MA-10-26 49.22 m 50.47 m 1.25 m 4.10 feet 31.20 % 5.81 % 0.39 % 0.66 MA-10-26 76.89 m 80.64 m 3.75 m 12.30 feet 26.26 % 3.55 % 0.28 % 0.50 MA-10-27 42.00 m 48.50 m 6.50 m 21.33 feet 41.57 % 7.24 % 0.60 % 0.96 MA-10-27 54.75 m 58.50 m 3.75 m 12.30 feet 28.56 % 4.46 % 0.35 % 0.59 MA-10-27 68.36 m 69.27 m 0.91 m 2.99 feet 26.96 % 3.81 % 0.30 % 0.53 MA-10-27 85.00 m 86.00 m 1.00 m 3.28 feet 29.27 % 4.63 % 0.34 % 0.59 MA-10-27 108.5 m 109.75 m 1.25 m 4.10 feet 26.82 % 3.90 % 0.34 % 0.57 MA-10-27 123.75 m 125.00 m 1.25 m 4.10 feet 28.07 % 4.17 % 0.36 % 0.60 MA-10-28 91.60 m 95.00 m 3.40 m 11.15 feet 34.93 % 5.34 % 0.46 % 0.76 MA-10-28 112.86 m 127.00 m 14.14 m 46.39 feet 31.30 % 4.98 % 0.41 % 0.68 MA-10-28 148.17 m 160.67 m 12.50 m 41.00 feet 25.34 % 3.81 % 0.36 % 0.57 MA-10-29 77.95 m 86.55 m 8.60 m 28.22 feet 25.99 % 3.71% 0.30 % 0.52 MA-10-29 93.80 m 94.80 m 1.00 m 3.28 feet 35.38 % 6.69 % 0.54 % 0.85 MA-10-29 104.46 m 105.71 m 1.25 m 4.10 feet 30.15 % 4.89 % 0.41 % 0.67 MA-10-29 131.71 m 147.14 m 15.43 m 50.62 feet 55.13 % 9.54 % 0.80 % 1.28 MA-10-30 61.25 m 78.05 m 16.80 m 55.12 feet 43.55 % 6.77 % 0.54 % 0.92 MA-10-30 83.62 m 97.40 m 13.78 m 45.21 feet 30.74 % 5.31 % 0.37 % 0.64 MA-10-30 115.65 m 131.61 m 15.96 m 52.36 feet 39.31 % 6.20 % 0.47 % 0.81 including 123.15 m 131.61 m 8.46 m 27.76 feet 43.33 % 6.98 % 0.56 % 0.93 MA-10-30 139.03 m 158.42 m 19.39 m 63.61 feet 41.18 % 6.97 % 0.53 % 0.89 MA-10-30 167.17 m 171.00 m 3.83 m 12.57 feet 24.03 % 3.11 % 0.32 % 0.52 MA-10-32 20.75 m 37.00 m 16.25 m 53.31 feet 36.93 % 5.36 % 0.32 % 0.63 MA-10-32 38.63 m 41.87 m 3.24 m 10.63 feet 46.95 % 6.02 % 0.41 % 0.81 MA-10-32 50.11 m 52.22 m 2.22 m 7.28 feet 44.52 % 5.33 % 0.45 % 0.84 MA-10-32 56.22 m 83.86 m 27.64 m 90.68 feet 37.87 % 6.26 % 0.41 % 0.74 MA-10-33 54.44 m 59.44 m 5.00 m 16.40 feet 46.33 % 5.06 % 0.32 % 0.70 MA-10-33 63.19 m 70.46 m 7.27 m 23.85 feet 37.33 % 5.44 % 0.33 % 0.65 MA-10-33 72.52 m 81.03 m 8.51 m 27.92 feet 46.91 % 7.24 % 0.55 % 0.95 MA-10-33 83.53 m 84.78 m 1.25 m 4.10 feet 26.53 % 3.85 % 0.30 % 0.53 MA-10-33 90.56 m 101.15 m 10.59 m 34.74 feet 30.94 % 4.71 % 0.33 % 0.60 MA-10-33 105.44 m 116.43 m 10.99 m 36.06 feet 28.33 % 4.11 % 0.30 % 0.55 including 90.56 m 116.43 m 25.87 m 84.55 feet 27.91 % 4.06 % 0.30 % 0.54 MA-10-35 54.02 m 56.52 m 2.50 m 8.20 feet 34.18 % 3.62 % 0.37 % 0.66 MA-10-35 60.31 m 66.46 m 6.15 m 20.18 feet 37.36 % 4.65 % 0.52 % 0.83 MA-10-36 37.03 m 41.73 m 4.70 m 15.42 feet 28.83 % 6.17 % 0.41 % 0.67 MA-10-36 75.99 m 111.0 m 35.1 m 115.16 feet 36.76 % 4.80 % 0.38 % 0.69 MA-10-37 60.75 m 61.90 m 1.15 m 3.77 feet 41.69 % 6.72 % 0.43 % 0.79 MA-10-37 69.69 m 70.94 m 2.54 m 8.33 feet 23.93 % 3.78 % 0.29 % 0.49 MA-10-37 77.19 m 99.17 m 21.98 m 72.11 feet 33.92 % 4.49 % 0.34 % 0.63 MA-10-38 7.05 m 8.13 m 1.08 m 3.54 feet 40.15 % 4.95 % 0.27 % 0.82 MA-10-38 29.60 m 30.85 m 0.36 m 1.18 feet 33.13 % 4.25 % 0.20 % 0.64 MA-10-38 62.25 m 63.25 m 1.00 m 3.28 feet 26.62 % 3.69 % 0.30 % 0.53 MA-10-39 69.55 m 72.88 m 3.33 m 10.93 feet 52.22 % 8.14 % 0.94 % 1.39 Additional Trenching Results - To be included in the new resource calculation are as follows: 85 channel sample results outlined from the 3 new discovery zones will also be taken into consideration in the new report and resource calculation. In July 2010, Apella stripped, washed, mapped and channel sampled three freshly discovered V-Fe-Ti occurrences it had identified on the Iron-T.

The three stripped areas are referred to as T-1, T-2 and T-3 and reviewed below in reverse order.

All of grades obtained as outlined below in Tables A & C from the discovery zones T-1 and T-3 exceed the conservative breakeven criteria of 0.48% V2O5 Eq as outlined in the recent SGS-Geostat Report.

Samples reported below from the T-3 discovery zone exceeded the breakeven of 0.48% V2O5 Eq by a considerable margin ranging from 62.5% to 133%. Discovery Zone T-3: corresponds to a mineralized outcrop discovered while carrying out the last drilling programme.

This highly mineralized outcrop is located 25 m (82 feet) north of Apella drill hole MA-10-15.

The showing clearly displays numerous semi- massive to massive oxide layers (20-40 cm thick), and corresponds to a high magnetic anomaly Apella refers to as the II Zone.

The extensive T-3 stripping is 35 m (115 feet) long by 20 m (65.62 feet) wide.

Semi-massive to massive oxide layers have been observed and sampled.

Because of the rounded nature of the outcrops, with their steep slopes due to the presence of strong fractures, the channel sampling has been made on short lengths.

A total of four channels were sawn covering a total length of 23.75 m (78 feet).

At this location, channel samples are 1.50 m (5 feet) long.

Results obtained are as follows: TABLE A: STRIPPING SAMPLE LENGTH METRES LENGTH FEET Fe2O3 % TiO2 % V2O5 % V2O5 Eq % T-3A 11.75 38.55 41.64 % 7.73 % 0.42 % 0.78 % T-3B 4.50 14.76 53.51 % 8.85 % 0.65 % 1.12 % T-3C 3.00 9.00 46.47 % 9.24 % 0.51 % 0.92 % T-3D 4.50 14.76 51.81 % 10.32 % 0.54 % 1.00 % Discovery Zone T-2: stripping corresponds to mineralization discovered by prospecting during the last drilling campaign.

At the time, a grab sample was taken in a massive oxide layer and assayed (see Apellas Press Release of Thursday June 17, 2010).

It returned 46.48% Fe2O3, 8.14% TiO2 and 0.64% V2O5.

The T2 stripping is 60 m (196.85 feet) by 15 m (50 feet) wide.

A total of 32 channel samples, each 1.25 m (4.10 feet) long, were taken, covering a length of 40 m (131 feet).

Results are as follows: TABLE B: STRIPPING CHANNEL LENGTH METRES LENGTH FEET Fe2O3 % TiO2 % V2O5 % V2O5 Eq % T-2A 3.75 12.30 27.07 % 3.80 % 0.20 % 0.43 % T-2B 36.55 120.0 25.22 % 3.66 % 0.20 % 0.41 % Even though the initial channel sample results obtained show that the T-2 stripping crosses a low grade zone with thin massive oxide layers these results justify a verification of the grade at depth by one or two drill holes. Discovery Zone T-1: is the widest and most extensively stripped area of the three discovery zones.

The stripping on T-1 identified outcropping over an area about 100 m (328 feet) long by 30 m (98.40 feet) wide.

It crosses a strong magnetic anomaly. Observed mineralization corresponds from disseminated through to narrow massive oxide layers.

Six channels have been sawn and a total of 40 channel samples were taken for analysis.

Each channel sample is 1.25 m long (4.10 feet).

Total sampled length is 60 m (197 feet).

Results are as follows: TABLE C: STRIPPING CHANNEL LENGTH METRES LENGTH FEET Fe2O3 % TiO2 % V2O5 % V2O5 Eq % T-1A 5.00 16.40 32.48 % 5.43 % 0.30 % 0.59 % T-1B 2.50 8.20 28.21 % 4.53 % 0.24 % 0.49 % T-1C 11.50 37.73 33.36 % 5.08 % 0.34 % 0.63 % T-1D 20.00 65.52 31.73 % 5.28 % 0.26 % 0.53 % T-1E 7.50 24.61 29.85 % 4.67 % 0.24 % 0.50 % T-1F 3.75 12.30 30.70 % 5.07 % 0.26 % 0.52 % The Iron-T Vanadium-Titanium-Iron Project is ideally located in the Matagami area in the west-central part of the Province of Quebec, Canada, approximately 780 km north of Montreal.

Matagami, situated in the administrative region of Northern Quebec, is the major town in the area and can provides housing, servicing, supplies, consumable and transport facilities including railway access for an efficient mining operation.

The property is accessible via Matagami located approximately 780 km of Montreal, 250 km from Val dOr and 185 km from Amos along regional highways.

Matagami is accessible via Regional Highway 109 which links Amos to the Bay James Highway.

The central part of the Iron-T Vanadium-Titanium-Iron property is located 10 km ESE of the town of Matagami.

Access to the property itself is via all-weather gravel road N805 which links Lebel-sur-Qu�villon to Matagami. This 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. Additional information is contained on the Companys website at www.apellaresources.com
ON BEHALF OF THE BOARD OF DIRECTORS OF APELLA RESOURCES INC. "Patrick D.

OBrien" Patrick D.

OBrien, ICD.D - Director SEC Exemption 12(g) 3-2(b) File no.

82-3822, Standard & Poors Listed, Dun & Bradstreet Listed 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. APELLA RESOURCES INC.

will be at the TORONTO PDAC MINING CONFERENCE Until March 9, 2011 at Booth # 3115 and will be presenting in the Rare Earth Room at the PDAC at 11:15AM on March 9, 2011 This will be a great opportunity to talk with our Leading Geologist, Dr.

Christian Derosier, PGeo and W.

Adrian Bakker VP of Corporate Communications Apella Resources Inc. ================================================== Contact W.

Adrian Bakker Direct Phone: 604.641.4474 Toll Free: 1.800.663.8990 or Email: [mailto:] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Apella slideshow Video of the Iron-T Vanadium Deposit Subscribe to Apellas Video Channel ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ QUICK LINKS Our Website Stock Price Vanadium Price Vanadium Information More About Us Find us on Facebook Follow us on Twitter ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Join Our Mailing List ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ � Apella Resources Inc. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Forward email http://ui.constantcontact.com/sa/fwtf.jsp?llr=qn7hnpcab&m=1102176317872&ea=&a=1104752781744
This email was sent to by . Update Profile/Email Address http://visitor.constantcontact.com/do?p=oo&m=001RHxkhi4Dk24CLe42iXUCDg%3D%3D&se=001_w1B27aSKe8%3D&t=001n7hn6yjQjIZoXGJmCG3-Hw%3D%3D&llr=qn7hnpcab
Instant removal with SafeUnsubscribe(TM) http://visitor.constantcontact.com/do?p=un&m=001RHxkhi4Dk24CLe42iXUCDg%3D%3D&se=001_w1B27aSKe8%3D&t=001n7hn6yjQjIZoXGJmCG3-Hw%3D%3D&llr=qn7hnpcab
Privacy Policy: http://ui.constantcontact.com/roving/CCPrivacyPolicy.jsp
Online Marketing by Constant Contact(R) www.constantcontact.com
Apella Resources Inc.

| 1600 - 543 Granville Street | Vancouver | BC | V6C 1X8 | Canada