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Appia Rare Earths & Uranium Corp C.API

Alternate Symbol(s):  APAAF

Appia Rare Earths & Uranium Corp. is a Canadian company in the rare earth element and uranium sectors. The Company is focused on delineating high-grade critical rare earth elements and gallium on the Alces Lake property and exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 94,982.39 hectares (234,706.59 acres) in Saskatchewan. The Company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. The Company’s projects include PCH Ionic Adsorption Clay, Alces Lake, Elliot Lake, Loranger, North Wollaston, Eastside, and Otherside. The Company holds the right to acquire up to a 70% interest in the PCH Project which is 40,963.18 ha in size and is located within the Goias State of Brazil.


CSE:API - Post by User

Post by Betteryear2on Dec 06, 2021 9:15am
370 Views
Post# 34201563

High-Grade Mineralization

High-Grade Mineralization

Toronto, Ontario--(Newsfile Corp. - December 6, 2021) - Appia Rare Earths & Uranium Corp.  (CSE: API) (OTCQB: APAAF) (FSE: A0I.F) (FSE: A0I.MU) (FSE: A0I.BE) (the "Company" or "Appia") is pleased to announce new assays results from its 2021 field program at its 100%-owned Alces Lake high-grade rare earth elements ("REE") and gallium property, Athabasca Basin area, northern Saskatchewan. Appia has received assays from grab samples and channel samples.

ALCES LAKE HIGH-GRADE REE PROJECT

Assay results from the Wilson North and Richards drill holes were announced on November 19, 2021 and confirmed some of the highest recorded rare earth grades discovered to date on the Alces Lake property. In addition, high-grade REE mineralization has now been identified throughout an area covering approximately 27 km2 of the Alces Lake block. Assay results have been returned from channel and grab samples and are reported in wt % TREO (total rare earth oxides) (see Tables 1 & 2). Highlights include:

  • High grade REE mineralization has now been identified over an estimated 27 square kilometre area.
  • Channel sample of 14.71 wt % TREO from Sweet Chili Heat and 11.94 wt % TREO from Diablo.
  • 10.35 wt % TREO returned from grab sample at Zesty.
  • 7.86 wt % TREO returned from grab sample along the Oldman River trend.
  • New discovery of REEs with 2.27 wt % TREO grab sample from "Train Domain".
  • Elevated Gallium values have been returned for all samples enriched in TREO.


https://www.newsfilecorp.com/release/106803

 
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