Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), has released an update regarding exploration activities currently underway in Goias State, Brazil. According to the report, the company is employing a strategic combination of reverse circulation (RC) drilling, extensive auger sampling and cutting-edge LiDAR surveying to make significant progress in uncovering the potential of this “highly promising” deposit. Highlights of the report include news that the company’s exploration team has successfully drilled 65 RC and 45 auger holes, reaching a combined depth of 1120 meters; the RC drill program includes 300 holes at an average depth of +/- 12 meters; and an extensive airborne LiDAR survey has been completed, which covers 1,700 hectares across the core target IV project area, producing a detailed topographic map to assist with determining future exploration targets. In addition, the company noted that auger drilling will be used to test new areas for potential extension zones southwest of the core Target IV zone.
The company anticipates using the data collected during this work campaign to develop an initial Mineral Resource Estimate (“MRE”) on Target IV. Appia will also be looking into initial metallurgy and minerology over the coming months to determine the viability of separation using traditional well-known processes for these environments. The report noted that sample logging and interpretation has been done at one-meter intervals with an ionic adsorption clay horizon observed at depths ranging from 2 to 27 meters. “Working in Brazil has been a pleasure as we have an exceptional team on the ground, and we are working well with the support of the community,” said Appia Rare Earths & Uranium CEO Tom Drivas in the press release. “Our RC program is in full swing, and we have completed approximately 20% of our planned drilling program with an aim to be finished by the end of September. The priority with these initial work programs is the delineation of a Mineral Resource Estimate (‘MRE’) at Target IV, building upon the excellent work completed by the vendor from their previous assessment programs identifying this exceptional ionic clay adsorption mineralization.”
To view the full press release, visit https://ibn.fm/JXvZf
About Appia Rare Earths & Uranium Corp.
Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as 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 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The company also has a 100% interest in 12,545 hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Lastly, the company holds the right to acquire up to a 70% interest in the PCH Project, which is 17,551.07 hectares in size and located within the Goiás State of Brazil. For more information about the company, please visit www.AppiaREU.com.
About MiningNewsWire
MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.
To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)
For more information, please visit https://www.miningnewswire.com
Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.miningnewswire.com/Disclaimer
MiningNewsWire
Los Angeles, California
www.miningnewswire.com
310.299.1717 Office
[email protected]
MiningNewsWire is part of the InvestorBrandNetwork.