Apex Reports Geophysical Results at Its Lithium Creek Project in Churchill County, Nevada

Vancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - Apex Resources Inc. (TSXV: APX) (OTC Pink: SLMLF) ("Apex" or the "Company") is pleased to announce the results of its inaugural geophysical survey recently completed over a portion of its Lithium Creek Project in Churchill County, Nevada (the "Project").

Gravity and HSAMT surveys were completed over approximately 1,650 acres out of approximately 8,100 acres of placer claims controlled by the Company to assess the depth of basin sediments and potential for low resistivity anomalies indicating the potential existence of lithium-bearing brine reservoirs.

The surveys are intended to inform the location of future drill targets based on the gravity and resistivity lows existing in the area. The survey results are very encouraging - multiple shallow and deep drill targets were generated from the results of the initial surveys. Resistivity of less than 2.5-ohm metres are consistent with lithium brine deposits around the world and the HSMAT survey produced wide indications of low resistivity footprints much less than 2.5-ohm metres to great depth throughout a substantial portion of the areas surveyed (Figure 1). The results of the gravity survey coupled with the HSMAT survey further validate existence of a deep and structurally complex basin geometry with potential connectivity with a much larger regional brine system. The gravity survey suggests more complex basin development than originally expected with resistivity footprints of less than 1-ohm metre in many areas, providing ideal targets for lithium brine exploration drill holes.

Highlighted in the survey was the identification and validation of deep penetrating faults in the Project area. Brines are expected to upwell along these faults manifesting at the surface as Lithium Creek. The low resistivity anomalies seen along the strike of these faults provide further evidence for upwelling and significant potential for a deep, high concentration lithium brine reservoir at the Project. Additional figures and depth sections from the HSAMT survey are posted on the Apex Resources website.

Drill target selection is currently in progress focusing on both deep and shallow low resistivity anomalies less than 1.5-ohm metres. Targets will be selected based on favorable basin geometry, low resistivity and land access. After the Company has selected drill targets, it will proceed with BLM land disturbance permitting and DMRE well permitting with NDOM.