Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element (“REE”) and uranium sectors, announced that the drilling phase of its Loranger drilling program has been completed and 42 samples have been delivered for analysis. The company reported that the program thus far has identified graphitic electromagnetic conductors and monazite mineralization. The samples are undergoing comprehensive whole-rock and REE analysis by Saskatchewan Research Council (“SRC”). “The successful intersection of graphitic EM conductors and the presence of monazite-bearing pegmatites was an encouraging discovery for our exploration program,” said Appia Rare Earths & Uranium president Stephen Burega in the press release. “These findings validate our exploration models and highlight the promising potential of the Loranger property. Our team is eager to analyze the laboratory-tested assay results over the coming weeks. The drilling program targeted subsurface geophysical anomalies associated with graphitic conductors and potential alteration halos, which may lead to uranium mineralization and indicate the property’s potential for both uranium and REEs. The intersections confirm our geophysical and geological models and suggest the possibility of significant mineralization similar to other zones found in the region, such as Fraser Lakes and Kulyk Lake, as well as deposits like Eagle Point, Maverick, and Gryphon in the eastern Athabasca Basin.”
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About Appia Rare Earths & Uranium Corp.
Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company holds the right to acquire up to a 70% interest in the PCH Ionic Adsorption Clay Project, which is 40,963.18 hectares in size and located within the Goiás State of Brazil. The company is also focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property and is 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 in Saskatchewan and also has a 100% interest in 13,008 hectares with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. For more information about the company, please visit www.AppiaREU.com.
NOTE TO INVESTORS: The latest news and updates relating to APAAF are available in the company’s newsroom at https://ibn.fm/APAAF
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