Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) has announced significant results from two new exploration targets, Electra and Maia, at the PCH Project.
Significant Exploration Results
Appia has assayed 196 samples from 25 auger drill holes. The results, confirmed by SGS-GEOSOL Laboratories in Vespasiano, Brazil, indicate a significant enrichment of Heavy Rare Earth Oxides (HREO) in the regolith developed over the Ipora Granite, similar to the Target IV zone.
Key Findings
- PCH-AH-036: 5m@1646ppm TREO, 381ppm HREO, 53ppm Dy+Tb, 416ppm Nd+Pr
- PCH-AH-042: 3m@1120ppm TREO, 155ppm HREO, 24ppm Dy+Tb, 225ppm Nd+Pr
- PCH-AH-044: 4m@980ppm TREO, 127ppm HREO, 18ppm Dy+Tb, 199ppm Nd+Pr
- PCH-AH-094: 4m@1054ppm TREO, 327ppm HREO, 37ppm Dy+Tb, 169ppm Nd+Pr
- PCH-AH-105: 4m@1041ppm TREO, 207ppm HREO, 27ppm Dy+Tb, 181ppm Nd+Pr
New Exploration Zones
The new targets, Electra and Maia, are located in the Central and Mid-western portion grouping of claims. Maia is approximately 7 km east-northeast of Target IV, while Electra is 5 km north-northeast of Target IV.
Distribution and Depth
The Electra and Maia targets cover 395 and 321 hectares respectively, contributing to a total of approximately 2,400 hectares in combination with Merope and Taygeta zones.
Next Steps
Appia plans to move onto the next phase of definition drilling and commission a Preliminary Economic Assessment (PEA) report, expanding the existing maiden Mineral Resource Estimate.
Expert Commentary
Andre Costa, VP Exploration for Brazil, commented, “The new zones exhibit the same lithological development and REE mineralization within the regolith as previously identified areas. Our continuous efforts in delineation and testing aim to explore the unexplored 70% of the PCH project.”
Technical Details
Auger drill holes average 7.84 meters in depth with mineralization open at depth. Rigorous QA/QC procedures ensure the robustness of these findings, with all analytical results passed through internal review and conducted by SGS Geosol, an ISO/IEC 17025:2005 Certified Laboratory.
Company Overview
Appia Rare Earths & Uranium Corp. (Appia) is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company holds interests in the PCH Ionic Adsorption Clay Project in Goiás State, Brazil, and is involved in exploring high-grade critical rare earth elements and gallium on the Alces Lake property, among others in Saskatchewan and Ontario.
Appia has 136.3 million common shares outstanding, 145 million fully diluted.
For more information, contact: Tom Drivas, CEO and Director, (416) 876-3957; Stephen Burega, President, (647) 515-3734.
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