Appia mobilizes drill to the Loranger Uranium Property
500-2 Toronto St.
Toronto ON
M5C 2B6
PH: 416 546-2707
FAX: 416 218-9772
Email: [email protected]
Website: www.appiaenergy.ca
NEWS RELEASE
APPIA MOBILIZES DIAMOND DRILL TO THE LORANGER URANIUM PROPERTY
TORONTO, ONTARIO, February 27, 2019 - Appia Energy Corp. (the “Company” or “Appia)
(CSE:API, OTCQB:APAAF.US, Germany: “A0I.F”, “A0I.MU”, “A0I.BE”) is pleased to provide details
regarding the Company’s forthcoming diamond drilling program for high-grade uranium on the Loranger
property (the “Property”). The Property is located 28 km southeast of Cameco’s Rabbit Lake mill, Athabasca
Basin area, northern Saskatchewan.
The planned diamond drill hole program (the “Program”) will consist of approximately 5 to 10 drill holes
totalling a minimum of 1,000 metres, and will be guided by the Company’s Vice-President, Exploration and
Development, James Sykes, who has had direct and indirect involvement with five major discoveries in the
Athabasca Basin in the past decade, most notably leading the discovery of NexGen Energy’s Arrow high-grade
uranium deposit.
The Program will be targeting two or three areas which display coincidental geophysical features commonly
exhibited with other Athabasca high-grade uranium deposits, such as i) broad gravity lows, ii) diminished and/or
broken electromagnetic conductors, and iii) apparent magnetic lineation offsets.
Mr James Sykes comments; “We are very excited to start the winter drill program on the Loranger property.
The 2017 drill program successfully intersected uranium mineralization over broad intervals in six out of seven
drill holes carried out in two target areas. In addition, the 2017 summer prospecting program identified
numerous radioactive occurrences, including bedrock outcrops that were not previously discovered. These
details demonstrate that the Loranger property is fertile with uranium. Based on the coincidental geophysical
features and geological interpretations from the 2017 programs, we feel confident the proposed winter target
areas are highly prospective for uranium mineralization.”
Diamond drilling will be conducted by Revolution Diamond Drilling Ltd. of Smithers, BC. All necessary
exploration permits are in-hand.
About Appia
Appia is a Canadian publicly-traded company in the uranium and rare earth element sectors. The Company is
currently focusing on delineating high-grade critical rare earth elements (“REE”) and uranium on the Alces
Lake property, as well as prospecting for high-grade uranium in the prolific Athabasca Basin on its Loranger,
North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 64,045
hectares (158,259 acres) in Saskatchewan.
The Company also has a 100% interest in 13,008 hectares (32,143 acres), including rare earth element and
uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario, which historically produced
over 300 million pounds of U 3O8 and is the only Canadian camp that has had significant rare earth element
(yttrium) production.
Appia’s Management and Board have over 250 years of combined industry experience, and the Technical team
is directed by James Sykes, who has had direct and indirect involvement with over 450 million lbs. U3O8 being
discovered in five deposits within the Athabasca Basin.
Appia has 64.0 million common shares outstanding, 86.7 million shares fully diluted.
The technical content in this news release was reviewed and approved by Dr. Irvine R. Annesley, P.Geo,
Advisor to the Board of Directors of Appia, and a Qualified Person as defined by National Instrument 43-101.
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 guarantees 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 , President, CEO and Director: (tel) 416-546-2707, (fax) 416-218-9772 or (email)
James Sykes, Vice-President Exploration and Development, (tel) 306-221-8717, (fax) 416-218-9772 or (email)
Frank van de Water, Chief Financial Officer and Director, (tel) 416-546-2707, (fax) 416-218-9772 or (email)