Appia announces new intersections of 50+metres of anomalous radioactivity 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 OPERATIONAL AND DRILLING UPDATE WITH NEW
INTERSECTIONS OF 50+ METRES OF ANOMALOUS RADIOACTIVITY AT ALCES
LAKE RARE EARTH PROPERTY, NORTHERN SASKATCHEWAN
TORONTO, ONTARIO, May 18, 2022 - Appia Rare Earths & Uranium Corp. (the “Company” or
“Appia”) (CSE:API, OTCQB:APAAF, Germany: “A0I.F”, “A0I.MU”, “A0I.BE”) is pleased to provide
an update on the Company’s 2022 drilling program at Alces Lake. As previously announced, the winterized
camp was opened in early March and drilling has been underway since mid-March. A second drill became
operational on May 4 and both drills are operating 24 hours a day.
Highlights:
All 2021 assay results are now in-house and being analyzed and evaluated prior to release
24 holes (4,889 metres) drilled to date in 2022 and drilling continues
Expansion of WRCB area along strike to the southeast with no boundary found to date
Potential discovery on Augier prospect with drilling of thick section of anomalous radioactivity in
first three holes (51.2 metres, 70.1 metres and 58 metres). Drilling continues
To the middle of May, 24 holes have been drilled at Alces Lake, totalling 4,889 metres. For comparison, a total
of 100 holes were drilled in 2021 at Alces Lake, totalling 8,076 metres. Appia expects that the 2022 program
will be a minimum of 12,000 metres to as much as 20,000 metres, all of which will be funded with available
cash on hand.
Augier Discovery – early positive indications
The Augier discovery was made in 2021 and was channel sampled. The assay results returned 7 metres of
0.57wt% TREO. This discovery is approximately 1,500 metres directly southeast of the WRCB area and is
along a well-defined kilometres-scale structural corridor.
The very first hole drilled into the discovery in 2022 intersected an encouraging 51.2m of anomalous
radioactivity beginning at the top of hole. The drilled width of this near-surface anomaly is unprecedented when
compared to previous drilling campaigns at Alces Lake. The core has been sampled and submitted for assay.
The second hole 22-AUG-002 undercut 22-AUG-001 and confirmed the result, also intersecting 70.1 metres of
anomalous radioactivity from the top of the hole. The third hole at 22-AUG-003 explored the strike extent of
this trend and intersected 58 metres, starting at a depth of 23 metres. This is the same anomalous radioactive
unit as the two previous holes and is on strike 150 metres southeast of 22-AUG-002.
Continued Delineation of the WRCB Discovery
Appia continues to delineate the magnitude of the rare earth elements discovery at WRCB with longer and
deeper holes to build on the 2021 information. The results so far are encouraging.
Of the 2022 holes, 19 have been drilled at WRCB and all holes in the WRCB complex have intersected intervals
of anomalous radioactivity over drilled widths ranging up to 11.0 metres, some with visible monazite. The 2022
drilling has expanded the WRCB area of interest with identified intervals of anomalous radioactivity up to 120
metres further along strike to the southeast. This has increased the overall length of the trend of anomalous
radioactivity in WRCB drill core from 160 metres to 280 metres of strike length, and the program is ongoing.
The WRCB area is still open along strike in both the northwest and southeast directions.
Additional 2022 exploration activities at WRCB will include an IP survey over the centre of the WRCB
discovery area to evaluate the methods applicable across the property.
Figure 1 – WRCB Area 2022 Drilling Campaign
Figure 1 . Current status of Appia’s 2022 exploration drilling program at WRCB and area. Newly completed 2022 drillholes are shown
with white collar points and trace lines over a Thorium distribution map derived from Appia’s 2021 airborne radiometric survey.
Table 1. 2022 drillhole details current to May 15, 2022. Location information is presented in
NAD 83 / UTM Zone 12N
Hole ID Easting Northing Azimuth Dip Final
Length (m)
22-AUG-001 668119.4 6616898 60 45 298.5
22-AUG-002 668119.4 6616898 60 60 201
22-AUG-003 668193 6616768 60 45 255.25
22-WRC-001 667169.5 6618060 73 45 102
22-WRC-002 667169.5 6618060 73 65 142
22-WRC-003 667160 6617809 73 45 286.75
22-WRC-003b 667160 6617809 73 55 292
22-WRC-004 667082 6617675 73 45 376.75
22-WRC-005 667082 6617675 73 80 420
22-WRC-006 667202 6618019 73 65 101
22-WRC-007 667202 6618019 73 80 108
22-WRC-008 667147.8 6617885 73 45 189
22-WRC-009 667147.8 6617885 73 55 213
22-WRC-010 667147.8 6617885 73 65 198
22-WRC-011 667147.8 6617885 73 75 232
22-WRC-012 667200 6617897 73 46 180
22-WRC-013 667203 6618111 73 45 54
22-WRC-014 667203 6618111 73 60 58
22-WRC-015 667203 6618111 73 75 54
22-WRC-016 667162 6617846 73 53 229
22-WRC-017 667162 6617846 73 45 243
22-WRC-018 667162 6617846 73 60 225
22-WRC-019 667136.4 6617909 73 45 219.75
22-WRC-020 667136.4 6617909 73 55 210.55
2021 Drill Results and Metallurgical Program
The Company has now received all 2021 assay results and is currently analyzing and evaluating the information.
A summary of the results is expected to be released in the near future. As recently announced, a 900 kg sample
has been taken from the property and 600 kg is enroute to SGS Canada’s Lakefield facility in Ontario for
crushing and sizing ahead of test work. The remainder of the sample will be shipped at a later date. Upon
completion of the preparatory work, the sample will be shipped to CanmetMINING and the test programs will
begin to optimize and enhance the development of an Alces Lake Project flowsheet. In addition, Appia has
requested proposals for additional airborne and ground radiometric surveys.
Appia commenced 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 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.
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)).
The Alces Lake project is located in northern Saskatchewan, the province 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.
The metallurgical content in this news release was reviewed and approved by Mr. John Goode, P.Eng,
Metallurgical Consultant to Appia’s Board of Directors, and a Qualified Person as defined by National
Instrument 43-101. The geologic 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. SRC Geoanalytical Laboratories’ management system operates in accordance with ISO/IEC
17025:2005 (CAN-P-4E), General Requirements for the Competence of Mineral Testing and Calibration
Laboratories.
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, 142.1 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)