Appia announces further 2021 assay results and drilling update at Alces Lake

500-2 Toronto St.

Toronto ON

M5C 2B6

PH: 416 546-2707

FAX: 416 218-9772

Email: [email protected]

Website: www.appiareu.com

NEWS RELEASE

APPIA ANNOUNCES FURTHER 2021 ASSAY RESULTS AND PROVIDES DRILLING

UPDATE FOR ALCES LAKE RARE EARTH PROPERTY, NORTHERN

SASKATCHEWAN

TORONTO, ONTARIO, July 6, 2022 - Appia Rare Earths & Uranium Corp. (the “Company” or

“Appia”) (CSE:API, OTCQX:APAAF, Germany: “A0I.F”, “A0I.MU”, “A0I.BE”) is pleased to

announce assay results from the remainder of its 2021 drilling program including results from the “Western

Anomaly” area of the 100%-owned Alces Lake high-grade rare earth elements and gallium property,

Athabasca Basin area, northern Saskatchewan. The complete assay results are available in Table 1 by clicking

on this link.

Highlights:

 Multiple TREO intercepts in three Sweet Chili Heat holes close to surface in the Western Anomaly

(WA) (see Table 2)

 Sweet Chili Heat 21-SCH-001 intersected 3.46 metres of 3.518 wt% TREO including 11.82 wt% TREO

over 0.36 metres at a depth of 6.94 metres (see Table 2)

 Sweet Chili Heat 21-SCH-002 intersected 2.40 metres of 1.271 wt% TREO, including 7.99 wt% TREO

over 0.23 metres at a depth of 6.09 metres and 9.67 wt% over 0.24 metres at a depth of 21.06

metres (see Table 2)

 Sweet Chili Heat 21-SCH-003 intersected 1.30 metres of 3.28 wt% TREO, including 12.65 wt% TREO

over 0.32 metres at a depth of 12.20 metres (see Table 2)

 Diablo 21-DIA-001(also located in the WA) intersected 6.13 metres of 1.836 wt% TREO including

14.96 wt% TREO over 0.66 metres at a depth of 7.64 metres (see Table 2)

 Phase 1 drilling now complete at Magnet Ridge (formerly Augier) with a total of 34 holes being

completed; waiting on assay results

 A new discovery of anomalous radioactivity at Magnet Ridge West with drilled widths up to 49

metres in 10 new holes

Frederick Kozak, President of Appia said “The remaining assay results are better than the channel sample

results previously released and confirm rare earths potential in the Western Anomaly area. This is a very

promising new discovery area and will be the focus of future exploration. High grades found at Diablo and

Sweet Chili Heat point to the potential of these two areas with much more exploration drilling to be done. On

completion of drilling in the highly prospective WRCB-Magnet Ridge area, Appia will commence drilling on

other prospective areas, including the Western Anomaly targets.”

Table 2: Summary of Regional Drilling Assay Results

Appia drilled a total of 100 holes in 2021 for a total of approximately 8,076 metres. Of these holes, 14 were

drilled into the Sweet Chilli Heat prospect and 4 were drilled into the Diablo prospect. Closer to WRCB, a

total of 13 holes were drilled into the Biotite Lake prospect and 7 holes were drilled at Danny.

Drilling Update

As previously announced, Appia commenced drilling in March, 2022 and to date has drilled just over 14,000

metres at WRCB, Magnet Ridge, Magnet Ridge West, Strocen and the Western Limb. Appia plans to drill up

to 20,000 metres in the 2022 field season.

In the now-completed first phase of drilling at Magnet Ridge (previously known as Augier), a total of 34 holes

have been drilled for a total of 5,253 metres. The initial view of the Magnet Ridge zone has been previously

described and it outcrops on surface. It is approximately 300 metres in strike length, approximately 175 metres

wide and has been penetrated over 100 metres down dip. The zone has similar visual characteristics to the

recently discovered AMP zone at WRCB, but assay results will provide a better view of the properties of

Magnet Ridge in the near future. A few assay results have been received for a portion of the first hole, but

Appia is waiting on the complete results to analyze and interpret this new discovery.

Zone Hole No. Easting Northing Elevation Length (m) From

(m)

To

(m)

Interval

(m)

wt%

TREO

wt%

Ga2O3

From

(m)

To

(m)

Interval

(m)

wt%

TREO

wt%

Ga2O3

Sweet Chili Heat 21-SCH-001 663484 661566 422 57.0 6.00 9.46 3.46 3.518 0.022 6.94 7.30 0.36 11.82 0.022

8.75 9.46 0.71 3.02 0.022

Sweet Chili Heat 21-SCH-001 30.53 31.34 0.81 0.561 0.004

Sweet Chili Heat 21-SCH-002 663484 661566 422 90.0 6.00 8.40 2.40 1.271 0.008

Sweet Chili Heat 21-SCH-002 21.06 21.30 0.24 9.667 0.046 6.09 6.32 0.23 7.99 0.008

Sweet Chili Heat 21-SCH-003 663477 661565 425 39.0 11.70 13.00 1.30 3.28 0.009 12.20 12.52 0.32 12.65 0.009

Sweet Chili Heat 21-SCH-004 663476 661565 423 54.0 6.27 7.32 1.05 2.192 0.010

Sweet Chili Heat 21-SCH-004 27.48 30.37 2.89 0.692 0.003

Sweet Chili Heat 21-SCH-005 663492 661567 421 102.0 5.58 6.48 0.90 1.559 0.009

Sweet Chili Heat 21-SCH-005 22.26 23.15 0.89 0.928 0.006

Sweet Chili Heat 21-SCH-006 663490 661567 421 114.0 20.64 23.30 2.66 1.105 0.012

Danny 21-DAN-001 667022 661787 495 32.0 3.04 3.08 0.04 12.03 0.030

Danny 21-DAN-002 667023 661787 495 45.0 1.28 3.44 2.16 0.461 0.002

Diablo 21-DIA-001 664067 661529 427 54.0 7.07 13.20 6.13 1.836 0.010 7.64 8.30 0.66 14.96 0.010

Diablo 21-DIA-001 22.00 25.70 3.70 1.227 0.007 22.20 23.65 1.45 2.31 0.070

Diablo 21-DIA-002 664067 661529 427 75.0 10.24 10.40 0.16 0.67 0.010

Biotite Lake 21-BIO-001 665387 661793 394 30.0 5.70 6.22 0.52 3.30 0.008

Biotite Lake 21-BIO-001 2.53 3.16 0.63 0.997 0.002

Biotite Lake 21-BIO-002 665387 661793 394 12.0 6.86 7.51 0.65 0.72 0.002

Biotite Lake 21-BIO-003 665403 661792 396 54.0 18.41 19.95 1.54 0.893 0.009

Biotite Lake 21-BIO-004 665403 661792 396 73.38 20.11 25.89 5.78 0.585 0.005 24.51 25.89 1.38 1.53 0.005

Biotite Lake 21-BIO-006 665386 661791 400 51.0 5.00 5.57 0.57 0.438 0.002

Biotite Lake 21-BIO-007 665399 661791 398 38.1 26.06 26.50 0.44 0.554 0.000

Oldman 21-OLD-012 665739 661163 374 60.0 6.40 6.60 0.20 1.535 0.005

UTM NAD83 Zone 12N Including

And Including

Figure 1 – Magnet Ridge/Magnet Ridge West Drilling

Appia has now drilled a total of 10 holes into Magnet Ridge West (MRW) and is seeing similar levels of

anomalous radioactivity compared to Magnet Ridge. This also appears to be comparable to the AMP zone at

WRCB, although no assay results have as yet been received for MRW. Drilled width at MRW has been up to

49 metres, similar to Magnet Ridge. In some of the holes, there has been more than one section of anomalous

radioactivity, separated by intervals of non-radioactive rock. Up to 12 holes are planned for MRW.

Drilling at Strocen (STR in Figure 2 below) was inconclusive with 587 metres drilled in five holes on that

prospect. Recent 2022 field exploration on the Western Limb, southwest of WRCB (WEL shown in Figure 2

below), yielded two surface readings of anomalous radioactivity of 10,000 CPS and 41,000 CPS. To date two

holes have been completed at the Western Limb and a third is currently being drilled. Up to eight holes may

be drilled in this area.

Figure 2 – 2022 Target Areas

Update on Maiden Resource Estimate

As previously disclosed, Appia is working towards a maiden resource estimate for the area. Industry delays

through 2021 continue into 2022 for receipt of assay results. Appia has engaged the services of a second assay

lab to process the increased volume of samples being generated by the 2022 drilling program. It is expected

that the maiden resources estimate will initially be for the WRCB and Magnet Ridge areas. Timing of the

report has yet to be determined but is likely closer to the end of 2022, depending on industry activity.

About the Alces Lake Project

The Alces Lake project encompasses some of the highest-grade total and critical* REEs and gallium

mineralization in the world, hosted within several surface and near-surface monazite occurrences that remain

open at depth and along strike.

* Critical rare earth elements are defined here as those that are in short-supply and high-demand for use in permanent magnets and modern electronic

applications such as electric vehicles and wind turbines (i.e: neodymium (Nd), praseodymium (Pr), dysprosium (Dy) and terbium (Tb)).

Appia recommenced drilling at Alces Lake in mid-March 2022 and plans to drill significantly deeper holes

compared to the 100 holes (approximately 8,076 metres) drilled in 2021. This is designed to allow Appia to

determine continuity at depth and along the identified REE mineralization trends as the company works

towards a maiden resource estimate to be prepared in accordance with NI 43-101 for the area. With high-

grade REE mineralization now identified in many locations within an area covering approximately 27 km 2 of

the Alces Lake block, the Company believes the project has the potential to be a world-class source of high-

grade critical rare earth bearing monazite.

The Alces Lake project is located in northern Saskatchewan, the same provincial jurisdiction that is

developing a “first-of-its-kind” rare earth processing facility in Canada (currently under construction by the

Saskatchewan Research Council and scheduled to become operational in early 2023). The Alces Lake project

area is 35,682 hectares (88,173 acres) in size and is 100% owned by Appia.

To ensure safe work conditions are met for the workforce, the Company has developed exploration guidelines

that comply with the Saskatchewan Public Health Orders and the Public Health Order Respecting the

Northern Saskatchewan Administration District in order to maintain social distancing and help prevent the

transmission of COVID-19.

All lithogeochemical assay results were provided by Saskatchewan Research Council’s Geoanalytical

Laboratory, an ISO/IEC 17025:2005 (CAN-P-4E) certified laboratory in Saskatoon, SK. All analytical results

reported herein have passed internal QA/QC review and compilation.

The technical content in this news release was reviewed and approved by Dr. Irvine R. Annesley, P.Geo,

Advisor to Appia’s Board of Directors, and a Qualified Person as defined by National Instrument 43-101.

About Appia

Appia is a Canadian publicly-listed 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

105,026 hectares (259,525 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.

Appia has 123.1 million common shares outstanding, 141.3 million shares fully diluted.

Cautionary Note Regarding Forward-Looking Statements : This News Release contains forward-looking statements

which are typically preceded by, followed by or including the words “believes”, “expects”, “anticipates”,

“estimates”, “intends”, “plans” or similar expressions. Forward-looking statements are not a guarantee of

future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume

any obligation to update these forward- looking statements and shareholders are cautioned not to put undue

reliance on such statements.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of

the CSE) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Tom Drivas, CEO and Director: (cell) 416-876-3957, (fax) 416-218-9772 or (email) [email protected]

Frederick Kozak, President: (cellular) 403-606-3165 or (email) [email protected]

Frank van de Water , Chief Financial Officer and Director, (tel) 416-546-2707, (fax) 416-218-9772 or

(email) [email protected]