InvestorNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Report IAC REE Test Results

August 20, 2024 08:36:43

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element (“REE”) and uranium sectors, is reporting initial desorption test results from the Ionic Adsorption Clay (“IAC”) REE targets Maia, Electra, Taygeta and Merope at its PCH project. According to the announcement, the company sent a total of 89 samples from 13 auger drillholes to ALS Laboratories in Lima, Peru. Results from the testing confirm the REE IAC mineralization style on all targets developed over the Ipora Granite and indicate very good recoveries of magnet rare earth oxides (“MREO”) and heavy rare earth oxides (“HREO”).

“The four new targets are showing higher levels of heavy rare earths as we continue to explore to the east of the property, with excellent Dy and Tb recovery values at Merope and Taygeta targets, representing a significant increase in desorption levels,” said Appia Rare Earths & Uranium president Stephen Burega in the press release. “These are important results that demonstrate further that we have discovered a notable ionic clay rare earths deposit. Our project has many superior characteristics including its hosting in easy to dig clays, a desirable diversity of metals including the ‘rare’ rare earths, the high grades encountered and the large scope of the project. Industry has a growing need for rare earths in a stable and western jurisdiction and we are committed to offer a solution.”

To view the full press release, visit https://ibn.fm/xCIkd

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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