Appia Deploys Third Drill at PCH Ionic Clay Project in Brazil
Appia Deploys Third Drill at PCH Ionic Clay
Project in Brazil
Toronto, Ontario--(Newsfile Corp. - August 31, 2023) -
Appia Rare Earths & Uranium Corp.
(CSE:
API) (OTCQX: APAAF) (FSE: A0I0)
(the "Company" or "Appia")
Appia is pleased to announce the
deployment of a third drill on-site to investigate a significant geophysical anomaly at depth below Target
IV at Appia's PCH Ionic Adsorption Clay Project, Goias State, Brazil.
Summary:
Appia is currently using three (3) drills - one RC, one Auger, and one Diamond drill.
A comprehensive geophysical investigation has led to the identification of a significant magnetic
anomaly at over 300 metres and open at depth.
The initial target will be drilled to 250 metres depth to test both the ionic clay and hardrock
mineralization below Appia's priority ionic clay structures which reach an average depth from
surface of +/- 12 metres.
This program is designed to expand on the diamond drilling that was completed by the Vendor in
prior seasons.
"A study by a Brazilian Geographer/Geophysicist Master's student from the University of Brasilia was
conducted on Target IV of the PCH Project, where an induced polarization (IP) program as well as
detailed ground magnetics, and gamma surveys were carried out, inverted, and subsequently analyzed
by senior University, and Appia, geologists and geophysicists. This comprehensive investigation led to
the identification of a significant magnetic anomaly at over 300 metres and open at depth," commented
Stephen Burega, President.
"The arrival of the diamond drill marks a pivotal advancement in our exploration initiative. It underscores
our commitment to investigating not only the potential genesis of Ionic Adsorption Clay but also the
exciting opportunity for REE mineralization in hard rock formations," Burega continued.
The ongoing diamond drill hole operation aims to extend the investigation below the known ionic clay
through saprolite structures to greater depths of up to 250 metres to test the continuation of
mineralization at depth.
Furthermore, Appia's ongoing Reverse Circulation (RC) and auger drilling program of 300 holes is in full
swing. (See
August 24
th
, 2023 Press Release - Click Here
). The Company's primary objective is to
accurately delineate the extent of the mineralized zone and to assess its economic significance.
To achieve this, a rigorous sampling procedure is being employed, including one-meter samples that will
be carefully collected and subsequently shipped to SGS Geosol laboratory. Assays from this program
are expected to be received within 2 months of being submitted.
Image #1 - Diamond drilling at the PCH Target IV in Goais State, Brazil
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/179202_appiaimage1.jpg
Background on the PCH Project
The PCH Ionic Adsorption Clay 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 great 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)
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 Ionic Adsorption Clay 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, 143.3 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 more information, visit
www.appiareu.com
.
As part of our ongoing effort to keep investors, interested parties and stakeholders updated, we have
several communication portals. If you have any questions online (
,
,
)
please
feel free to send direct messages.
To book a one-on-one 30-minute Zoom video call, please
click here
.
For further information, please contact:
Tom Drivas, CEO and Director: 416- 546-2707, (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/179202