Appia Receives Approval for 12 Additional Claim Blocks at Its PCH Rare Earths Ionic Adsorption Clay Project, Goias, Brazil
Appia Receives Approval for 12 Additional
Claim Blocks at Its PCH Rare Earths Ionic
Adsorption Clay Project, Goias, Brazil
Total Exploration Area More Than Doubled Adding 23,412.11
Hectares, Presenting Exceptional New Potential for Additional
Critical Mineral Targets
Toronto, Ontario--(Newsfile Corp. - January 11, 2024) - Appia Rare Earths & Uranium Corp.
(CSE: API)
(OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0)
(the "
Company
" or "Appia") is pleased to
announce the extension of its existing mining claims at the PCH project in Goias, Brazil from 17,551.07
hectares to an expansive 40,963.18 hectares across a total of 22 claim blocks. This substantial 133%
increase in the current land package includes 12 new claims independently staked by the Company, but
included as part of the project acquisition (details available
HERE
), incurring minimal costs. This
strategic expansion provides Appia with an exceptional opportunity to explore this promising geological
corridor to the north of its current claim zones, unveiling new avenues for potential critical mineral
resource discoveries.
"The expansion of our exploration rights to 40,963.18 hectares marks a pivotal moment for Appia in
Brazil as we build on the momentum achieved through our initial drilling program at the Target IV and
Buriti zones," commented Stephen Burega, President, "Our dedicated Brazilian team is eager to
explore the untapped potential of the northern corridor, where similar geological and geophysical
features have been identified."
Burega adds, "There is huge potential in these new claim blocks as we can draw clear parallels to the
favourable geology that hosts the critical rare earth minerals that initially convinced us to enter into our
agreement on the PCH project. Doubling the size of our overall land package within the prolific alkali
province not only reflects our commitment but also strengthens the Company's strategic plans. We aim to
develop a series of potential target zones, extending the project focus for the benefit of our valued
shareholders. This expansion underscores our dedication to unlocking the full spectrum of opportunities
in Brazil's mineral-rich landscape."
MAP #1 - Target IV covers 193.28 hectares and Buriti covers 210.39 hectares of claim
860058/2018, which spans a total area of 1,874.6 hectares.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/193856_5da74710d4fba8b3_001full.jpg
Target IV represents a unique high-grade critical REE mineralization zone, with the southwest quadrant
displaying exceptional drill results, further details available
HERE
. Appia's new Scandium and Cobalt
discovery zone, Buriti (south of Target IV) revealed substantial findings in hole PCH-RC-116, from
surface to 24 metres and remains open at depth, additional details are available
HERE
.
ANM* n°
Permits n°
Area (ha)
Status
1
860058/2018
5445
1874.60
GRANTED
2
860059/2018
5446
1864.41
GRANTED
3
860060/2018
5447
1901.19
GRANTED
4
860464/2020
3627
983.40
GRANTED
5
860465/2020
2251
1978.45
GRANTED
6
860466/2020
-
1005.85
Application
7
860467/2020
3626
1984.03
GRANTED
8
860468/2020
7270
1972.94
GRANTED
9
860469/2020
7271
1995.29
GRANTED
10
860498/2020
7099
1990.87
GRANTED
11
860307/2023
4462
1982.69
GRANTED
12
860333/2023
4705
1984.98
GRANTED
13
860334/2023
9424
1983.50
GRANTED
14
860335/2023
9425
1980.50
GRANTED
15
860336/2023
9426
1984.98
GRANTED
16
860337/2023
9427
1983.87
GRANTED
17
860338/2023
9428
1964.45
GRANTED
18
860339/2023
9429
1982.73
GRANTED
19
860340/2023
9430
1969.12
GRANTED
20
860341/2023
9431
1982.13
GRANTED
21
860342/2023
9432
1965.26
GRANTED
22
860343/2023
9433
1647.94
GRANTED
Total:
40963.18
ha
* ANM - Brazilian Mining Agency
CHART #1 - List of previously acquired, and newly staked, claim numbers and areas for the
PCH project.
The Company remains committed to maintaining open communication with local communities,
stakeholders, and regulatory bodies throughout the exploration process and will continue to disseminate
information relating to our exploration activities on a timely basis.
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 13,008 hectares (32,143acres), with rare earth elements 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 9
th
, 2023 Press Release - Click
HERE
).
The Company successfully added 23,412.11 ha to the PCH project's total hectares with the approval of
12 new claims, bringing the overall project size to 40,963.18 ha.
Appia has 136.3 million common shares outstanding, 144.1 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 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 (
X
,
,
) please feel
free to send direct messages.
To book a one-on-one 30-minute Zoom video call, please
click here
.
Contact:
Tom Drivas, CEO and Director
(c) (416) 876-3957
(f) (416) 218-9772
(e)
Stephen Burega, President
(c) (647) 515-3734
(e)
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/193856