Appia Provides Update on Its 300 Hole RC Drilling Campaign at Its PCH Ionic Clay Project, Brazil
Appia Provides Update on Its 300 Hole RC
Drilling Campaign at Its PCH Ionic Clay
Project, Brazil
Toronto, Ontario--(Newsfile Corp. - August 24, 2023) -
Appia Rare Earths & Uranium Corp.
(CSE:
API) (OTCQX: APAAF) (FSE: A0I0) (FSE: A0I0.F) (FSE: A0I0.MU) (FSE: A0I0.BE)
(the
"Company" or "Appia")
Appia is pleased to provide an update regarding its comprehensive
exploration activities currently underway in Goias State, Brazil. By employing a strategic combination of
Reverse Circulation (RC) drilling, extensive auger sampling, and cutting-edge LiDAR surveying, the
Company has made significant progress in uncovering the potential of this highly promising deposit.
SUMMARY
Appia's exploration team today has successfully drilled 65 RC and 45 Auger holes to date
reaching a combined depth of 1120 meters.
Reverse Circulation (RC) drill program includes 300 holes at an average depth of +/- 12 metres.
The Company has completed an extensive airborne LiDAR survey covering 1,700 hectares across
the core Target IV project area producing a highly detailed topographic map to assist with further
delineation of exploration targets.
Auger drilling will be used to test new areas for potential extension zones southwest of the core
Target IV zone.
Data collected during this work campaign will be used to develop an initial Mineral Resource
Estimate (MRE) on Target IV.
The Company will also be exploring initial metallurgy and minerology over the coming months to
ascertain the viability of separation using traditional well-known processes for these environments.
"Appia's exploration team has successfully concluded 65 RC holes to date reaching a combined depth
of 788 meters with an average depth of 11.9 meters per hole," stated Carlos Bastos, Senior Geologist
and Qualified Person in Brazil. He continued, "Sample logging and interpretation is done at one metre
intervals with an ionic adsorbtion clay horizon observed at depths ranging from 2 to 27 meters. This
horizon is primarily situated within the shallow range of 2-6 meters and exhibits varying widths."
In addition to the Company's RC drilling campaign, the Company is pleased to report substantial
advancements have been made through extensive auger drilling to further delineate extension zones at
the Target IV project area. To date, a total of 45 holes have been successfully completed. Each of these
holes has been strategically positioned to provide a comprehensive understanding of the potential
extension zones southwest from the primary target zone.
"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," stated Tom Drivas, CEO of Appia. "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," he concluded. "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," Drivas stated.
Image #1 - Appia geologist oversees sampling at PCH ionic clay project in Brazil.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/178384_appiaimage.jpg
The Company applies a strict quality assurance/quality control (QA/QC) system to all samples in
preparation for assaying at the SGS Geosol laboratories in Brazil. Assays will be released as received
and analyzed by the Company.
"The Company's auger team is now focusing drilling on a new exploratory area known as East Target,
located 6 kilometers due East of Target IV," stated Stephen Burega, President. "The results from our
initial RC and auger drill programs will be pivotal in expanding our knowledge base and refining our
exploration strategy for the PCH ionic clay projet."
Burega continued, "Alongside our drilling and sampling work, we are excited to share that we have
finished a detailed LiDAR survey over 1,700 hectares, covering Target IV and beyond. The data
collected from this LiDAR survey will lay the groundwork for our exploration endeavours with a millimetric
detailed orthophoto and topography dataset".
Background on the PCH Project
The PCH Project is located within the Tocantins Structural Province in the Brasília Fold Belt, more
specifically, the Arenópolis Magmatic Arc. The PCH Project is 17,551.07 ha. in size and located within
the Goiás State of Brazil. It is classified as an alkaline intrusive rock occurrence with highly anomalous
REE and Niobium mineralization. This mineralization is related to alkaline lithologies of the Fazenda
Buriti Plutonic Complex and the hydrothermal and surface alteration products of this complex by
supergene enrichment in a tropical climate. The positive results of the recent geochemical exploration
work carried out to date indicates the potential for REEs and Niobium within lateritic ionic adsorption
clays.
The technical content in this news release was reviewed and approved by Mr. Don Hains, P.Geo,
Consulting Geologist, and a Qualified Person as defined by National Instrument 43-101.
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 ha. in size and located within the Goiás State of
Brazil. (See June 9th, 2023 Press Release -
Click Here
).
Appia has 130.5 million common shares outstanding, 143.5 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)
Stephen Burega, President: (cell) 647-515-3734 or (email)
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/178384