douginil
10月前
Appia Reports High-Grade Total Rare Earth Oxide Results up to 22,339 ppm or 2.23% on Diamond Drill Hole #1 Within Target IV at PCH IAC Project, Brazil
TORONTO, ON, February 26th, 2024, Appia Rare Earths & Uranium Corp. (the “Company†or “Appiaâ€) (CSE: API) (OTCQX: APAAF) (FWB: A0I0) (MUN: A0I0) (BER: A0I0) announces results from its 2023 Diamond Drill Hole (DDH) #1 in the NE zone within Target IV at its PCH IAC REE project in Brazil. The exploratory drill hole aimed to assess the continuity of the alkali breccia present through depth, reaching a total depth of 243.25 metres and collar coordinates 480,250.3E 8,193,820.9N (Datum SIRGAS 2000 ZONE 22S). Results have revealed a true thickness of approximately 217 metres, inclined at -63 degrees.
Stephen Burega, President, commented, "The findings from the ionic clay and saprolite weathered profile on PCH-DDH-001 underscore the exceptional potential of the target zone. The weathered profile along the hole extended to approximately 20 meters of true thickness yielding concentrations of 5,548 ppm or 0.55% Total Rare Earth Oxide (TREO), 1,420 ppm or 0.14% Magnet Rare Earth Oxide (MREO). The results confirm the ultra-high-grade nature of the upper levels, including concentrations reaching up to 22,339 ppm or 2.23% TREO, 6,204 ppm or 0.62% MREO, and 2,074 ppm or 0.21% Heavy Rare Earth Oxide (HREO) across 2 metres from a depth of 2 m to 4 m.â€
Highlights:
Composite results across 243.25 metres:
1,901 ppm or 0.19% TREO including 457 ppm or 0.05% MREO, 143 ppm or 0.01% HREO, and 1,757 ppm or 0.18% Light Rare Earth Oxide (LREO).
Composite results from 0-22.25 metres:
5,548 ppm or 0.55% TREO including 1,420 ppm or 0.14% MREO, 460 ppm or 0.05% HREO, and 5,099 ppm or 0.50% LREO.
Composite results 0-9 metres:
10,247 ppm or 1.02% TREO, 2,672 ppm or 0.27% MREO, 867 ppm or 0.09% HREO, and 9,380 ppm or 0.94% LREO, including:
22,339 ppm or 2.23% TREO, 6,204 ppm or 0.62% MREO, 2,074 ppm or 0.21% HREO, and 20,265 ppm or 2.03% LREO (from 2-4 m).
Composite results 25.50-52.00 metres:
2,168 ppm or 0.22 % TREO, 518 ppm or 0.05% MREO, 153 ppm or 0.01% HREO, and 2,015 ppm or 0.20% LREO.
Composite results 58.00-140.00 metres:
1,648 ppm or 0.16 % TREO, 378 ppm or 0.04% MREO, 109 ppm or 0.01% HREO, and 1,538 ppm or 0.15% LREO.
Composite results 164.30-243.25 metres (EOH):
1,369 ppm or 0.13 % TREO, 329 ppm or 0.3% MREO, 115 ppm or 0.01% HREO, and 1,255 ppm or 0.13% LREO.
“Appia’s DDH-001 reveals more than 26 meters with over 2,000 ppm TREO below the saprolite. The mineralized breccia indicates in most of the intervals expected concentration of REE common to carbonatitic rocks that serves as a source for the enrichment in REE found on the ionic clay interval (0 to 22.25 metres). Some samples below 22.25 metres returned grades above 4,000 ppm TREO, offering opportunities for exploratory investigation into the hard rock depths. With over 2,000 metres drilled, the total 2023 drilling campaign consisted of 147 Reverse Circulation (RC) holes, 1 DDH, and over 200 exploratory auger holes, the PCH Project continues to demonstrate significant mineralization and high-grade REE contents, validating our strategic approach,†adds Burega.
The Company remains committed to advancing exploration activities at its PCH Project with its ongoing auger drilling program and looks forward to providing updates on the NI-43-101 Technical Report and maiden Mineral Resource Estimate in collaboration with SGS Consultants.
douginil
11月前
Appia Reports 92,758 ppm (9.3%) TREO, 13,798 ppm MREO (1.38%) and 2,241 (.24%) ppm HREO over 2m Within the Total Weighted Average of 38,655 ppm (3.87%) TREO, 6,869 ppm (.69%) MREO, and 1,380 ppm (.14%) HREO Across 24m (EOH) Following the Reanalysis of Over-Limit Assay Results from PCH-RC-063 at the PCH Ionic Adsorption Clay Project in Goias, Brazil
Toronto, Ontario, January 16, 2024 - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce a substantial increase in the total weighted average grade of drill hole PCH-RC-063 at our PCH Ionic Adsorption Clay project in Goias, Brazil, which had previously been reported (Press Release October 31, 2023 - Click Here). The Reverse Circulation (RC) PCH-RC-063 drill hole exceeded multiple intervals limits of detection (LOD), prompting a reanalysis using methods suited to very high grade samples.
The new analysis, conducted by SGS Geosl Labs, used method IMS95RS. The updated assays reveal a very significant 42.2% increase in Total Rare Earth Oxides (TREO) and a notable 9.2% increase in Magnet Rare Earth Oxides (MREO). Of particular significance is the high-grade 2 metre (m) intercept from 10m to 12m, showing an exceptional 92,758 ppm (Parts Per Million) or 9.28% TREO, with 13,798 ppm or 1.38% MREO, and 2,241 ppm or 0.22% Heavy Rare Earth Oxide (HREO), and 90,516 ppm or 9.05% Light Rare Earth Oxide (LREO).
Highlights:
PCH-RC-063 from 0 - 24m End of Hole (EOH):
Total Weighted Average of 38,655 ppm or 3.87% TREO, 6,869 ppm or 0.69% MREO, 1,380 ppm or 0.14% HREO, and 37,275 ppm or 3.28% LREO.
Including 92,758 ppm or 9.28% TREO across 2m (from 10m to 12m ) with 13,798 ppm or 1.38% MREO; 2,241 ppm or 0.22% HREO; and 90,516 ppm or 9.05% LREO.
"These assays not only validate the extraordinary results of the PCH-RC-063 drill hole but also underscore the substantial high-grade potential mineralization in the SW Extension Zone (See Press Release November 28, 2023 - Click Here)," stated Tom Drivas, CEO. "We are excited about the possibilities revealed by these findings and advancing additional exploration and development efforts to fully tap into the promising potential of this high-grade zone."
Gt to web-site to read more
douginil
11月前
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."
douginil
1年前
Appia Announces Scandium and Cobalt Discovery at Its New Buriti Target at the PCH Project, Brazil; Reverse Circulation Drill Hole Returns 24 Metres of Mineralization Averaging 128 ppm Scandium Oxide, 272 ppm Total Cobalt Oxides and 2,106 ppm Total Rare Earth Oxides from Surface
TORONTO, ONTARIO, December 12th, 2023, - Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE: API) (OTCQX: APAAF) (Germany: “A0I0.F”, “A0I0.MU”, “A0I0.BE”) is pleased to announce the discovery of a new mineralized zone named BURITI, showcasing mineralization of Scandium (Sc), Cobalt (Co) and Rare Earth Elements (REE) in Reverse Circulation (RC) hole PCH-RC-116. This newly identified mineralized BURITI Target, located within the weathered profile southward from the current area of interest, was revealed through exploratory RC and Auger drilling conducted as part of the ongoing 2023 drill program. Of the 300-hole drill campaign, 47 holes were executed within the newly defined Buriti Target Zone.
“This discovery opens the potential of a promising new target zone for exploration and development, and represents the first time that we have intersected significant continuous levels of Scandium Oxide (Sc2O3), Cobalt Oxide (CoO), and Rare Earth Oxides (REO) mineralization in the same RC drill hole,” stated Tom Drivas, CEO of Appia. He continued, “PCH-RC-116’s average grade of 128 ppm Sc203, 272 ppm CoO, and 2,106 ppm TREO across 24 metres from surface represents an especially important new exploration target for the Company.”
Highlights:
PCH-RC-116 from 0 – 24m End of Hole (EOH):
Total Weighted Average of 128 Parts Per Million (ppm) or 0.013% Sc2O3, 272 ppm or 0.027% CoO, and 2,106 ppm or 0.21% of Total Rare Earth Oxides (TREO).
Highest-Grade Intercepts:
133 ppm or 0.013% Sc2O3, 359 ppm or 0.036% CoO, and 2,461 ppm or 0.24% TREO across 15m (from 4-19m), including:
183 ppm or 0.018% Sc2O3, 414ppm or 0.041% CoO, and 2,401 ppm or 0.24% TREO across 6m (from 10-16m).
"These are valuable elements, identifying a mineralized zone with this range of grades that remains open at depth introduces a new layer of potential value to our PCH project,” Stated Stephen Burega, President. “Appia will be conducting a thorough investigation into the extent of this significant discovery, and analytical results for the 46 pending RC and Auger drill holes from this mineralized zone will be reported once received. Metallurgical testing is planned to confirm the economic potential of the Buriti Target.”
The Buriti Target is hosted within mafic and ultramafic rock formations associated with the Tertiary-age regional alkaline complex. Despite the proximity of Target IV, where the lithology consists of granites and alkali breccias, this new target is predominantly underlain bygabbro, diorite and pyroxenite. “The high-grade intervals identified within the weathering profile, specifically in the saprolite layer, represent a supergene concentration of scandium and cobalt together with REEs within these mafic rocks,” commented Carlos Bastos, Geology Manager and Brazilian Qualified Person (QP).
Leo Fraga, Senior Geologist, observed, “The presence of consistently higher-gradeREE values throughout the entire hole PCH-RC-116 is very encouraging. The hole remains open at depth, showing a 20-metre interval with 2,421 ppm TREO, and 454 ppm Magnet Rare Earth Oxides (MREO) constituting 20% of the total TREO from 4m to 24m (EOH).”
Recent market analysis indicates that the demand for Scandium reached approximately USD 15 billion in 2022 and forecasts indicate a significant increase in this figure is expected as Scandium appears on most Critical Metals lists globally. Despite a fairly common but distributed occurrence, scandium rarely concentrates in nature, making commercial grade stand-alone resources quite unusual. The most significant forward-looking market opportunity for scandium is as an alloying agent for aluminum. When applied as an addition to certain standard aluminum alloys, scandium can produce stronger, more corrosion resistant, more heat tolerant, weldable aluminum products. This strong resistance to extreme heat that makes scandium oxide important in various applications, including high-temperature systems, electronic ceramics, aerospace alloys, and glass manufacturing. Scandium is currently trading in a substantial +/-$1000 USD per kg range.
The Company has achieved a milestone of 300 combined drill holes and is committed to keeping investors informed of the project results. Timely updates will be provided as assay results are obtained from the remaining 3 RC, 77 auger drill holes, which are located both within Target IV and various extension zones including the newly defined Buriti Zone. The Company has an ongoing auger drilling program across the entire PCH property to identify additional target zones, which further underscores our commitment to thorough exploration beyond the established Target IV and Buriti Target areas.
antman
1年前
Appia Rare to issue 500,000 shares under PCH option
2023-12-04 11:14 ET - News Release
Mr. Tom Drivas reports
APPIA ANNOUNCES CLOSING OF PCH PROJECT ACQUISITION
Appia Rare Earths & Uranium Corp., further to the press release issued on June 9, 2023, will be issuing the first tranche of 500,000 shares pursuant to the definitive agreement with 3S Ltda., Beko Invest Ltd., Antonio Vitor Jr. and AZ125 Mineracao Ltda., now known as Appia Brasil Rare Earths Mineracao Ltda., to acquire up to a 70-per-cent interest in the PCH project located in the Tocantins structural province of the Brasilia fold belt, Goias state, Brazil.
Pursuant to the terms of the definitive agreement, the property is now registered in the name of the company, and Appia currently holds a 70-per-cent interest in the company (350,000 quotas) and Mr. Vitor holds a 30-per-cent interest in the company (150,000 quotas). The first tranche of 500,000 shares will be issued to Beko on Dec. 11, 2023.
Upon the issuance of the 500,000 shares, the continuing exploration and development of the property will be governed by the terms of a quota holders agreement among Appia, Beko, Mr. Vitor and the company dated July 20, 2023. Appia can maintain its 70-per-cent interest in the company by issuing an aggregate of a further two million common shares of Appia to Beko and spending $10-million (U.S.) on the property over a period of five years (the option period), after which Appia will have earned a 60-per-cent interest in the company. If Appia earns its 60-per-cent interest, it will then be obligated, within 90 days of earning its 60-per-cent interest, to issue a further $1.25-million (U.S.) of common shares of Appia to Beko to earn a further 10-per-cent interest in the company. The number of shares to be issued to earn the further 10 per cent shall be that number of common shares of Appia equal to the number arrived at by dividing $1.25-million (U.S.) by the greater of: the average closing price of the common shares as quoted on the Canadian Securities Exchange (CSE) for the 30 trading days immediately preceding the announcement by Appia of its intention to earn the additional 10-per-cent interest; and the discounted market price of the common shares of Appia based on the last closing price immediately preceding the announcement.
Appia will acquire incremental vested interests in the company upon completion of specific expenditure requirements, pursuant to the terms of the definitive agreement. Once Appia issues at least a further 500,000 common shares to Beko and spends at least $1-million (U.S.) on the property (at which time it will have earned a 10-per-cent interest in the company) (the initial obligation), Beko will be granted a 1-per-cnet net smelter return (NSR) royalty in the property. Appia will have a right of first refusal to acquire the 1-per-cent NSR.
Once Appia has earned its 70-per-cent interest in the company, Appia and Mr. Vitor will enter into a joint venture with respect to the further exploration and development of the property, with Appia holding a 70-per-cent interest and Mr. Vitor holding a 30-per-cent interest in the company. The quota holders agreement will act as a unanimous shareholders agreement and a joint venture agreement with respect to the further exploration and development of the property. Upon the formation of the joint venture, Mr. Vitor will have 90 days within which to elect to either: (a) participate in the joint venture and contribute his pro rata share of expenditures, or be diluted; (b) sell all of his 30-per-cent interest in the company, subject to a right of first refusal in favour of Appia; or (c) elect to have Appia finance its pro rata share of expenditures pursuant to the joint venture, subject to the right of Appia to be reimbursed for 150 per cent of the expenditures made by Appia on behalf of Mr. Vitor before any proceeds are paid to Mr. Vitor.
If a party is required to make a contribution pursuant to the joint venture and that party does not make its pro rata contribution to development expenditures, that party's interest in the company will be diluted pro rata, based upon that party's deemed and actual contributions to the joint venture relative to the total deemed and actual contributions to the joint venture by both parties. A party whose interest is diluted to 10 per cent or less shall immediately be converted to a 1-per-cent net smelter return royalty, with the remaining party's interest converted to a 100-per-cent interest in the company subject to payment of the 1-per-cent dilution NSR. The remaining party will have a right of first refusal to purchase the 1-per-cent dilution NSR.
Should Appia fail to make some or all of the expenditures required in any year, Beko will notify Appia in writing of such failure, after which Appia will have 30 days to make the required expenditure. Failure to make the expenditure within the 30 days will result in Appia's earned interest being reduced pro rata in proportion to the amount of money actually expended by Appia in such year. Appia shall have the right to make additional expenditures in a subsequent year to earn the balance of the interest it would have earned had it made the entire expenditure in the previous year. If Appia fails to expend an aggregate of $10-million (U.S.) and issue an aggregate of two million common shares of Appia to Beko within the option period, Appia may, at any time during the option period after completing the initial obligation, notify Beko that it does not intend to provide any further financing for the property (the cease financing notice). Upon delivery of the cease financing notice to Beko, Appia shall have earned the applicable interest in the company and shall transfer to Mr. Vitor that number of quotas of the company equal to 70 per cent minus the earned interest. Thereafter, Appia shall hold the earned interest in the company and Mr. Vitor shall hold 100 per cent minus the earned interest in the company. Upon delivery of the cease financing notice, and the adjustment in the interests of Appia and Mr. Vitor in the company, the parties shall use their commercially reasonable efforts to determine how to proceed with their respective interests in the company.
Background on the PCH project
The PCH project is located within the Tocantins structural province in the Brasilia fold belt, more specifically, the Arenopolis magmatic arc. The PCH project is 17,551.07 hectares in size and located within the Goias state of Brazil. It is classified as an alkaline intrusive rock occurrence with highly anomalous REE (rare earth element) 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 geochemical exploration work carried out to date indicates the potential for high-grade REEs and niobium mineral resources within the lateritic ionic adsorption clays.
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-per-cent 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-per-cent interest in the PCH project which is 17,551.07 ha in size and located within the Goias state of Brazil (see June 9, 2023, press release).
We seek Safe Harbor.
© 2023 Canjex Publishing Ltd. All rights reserved.
antman
1年前
Appia corrects Target IV total area to 193 hectares
2023-11-28 19:40 ET - News Release
Mr. Tom Drivas reports
APPIA ANNOUNCES CORRECTED TARGET IV TOTAL AREA
Further to Appia Rare Earths & Uranium Corp.'s press release issued earlier today, the total area for Target IV has been updated to 193 hectares, with the further delineation of the SW extension zone, a significant high-grade rare earth element mineralized zone located in the southwest corner of the Target IV zone. This discovery spans an area of over 1,000 metres by 500 metres, with an average thickness of approximately 19 metres, and builds on the previously announced remarkable PCH-RC-63 results. (See the Oct. 31, 2023, press release.) The press release issued earlier today erroneously listed the total area shown for Target IV as 1,702 hectares, rather than 193 hectares.
Highlights:
High-grade SW extension zone:
10 reverse circulation holes with a total weighted average of 7,578 parts per million or 0.76 per cent total rare earth oxide, including:
1,744 ppm or 0.17 per cent magnet rare earth oxide, 416 ppm or 0.04 per cent heavy rare earth oxide, and 7,162 ppm or 0.71 per cent light rare earth oxide;
The SW extension zone currently spans approximately 0.5 square kilometre with average hole depths of 19 metres -- all open at depth;
Highest-grade RC and auger intercepts:
PCH-RC-067 from zero to 11 metres, end of hole:
24,309 ppm or 2.43 per cent TREO, 5,717 ppm or 0.57 per cent MREO, 1,452 ppm or 0.15 per cent HREO, and 22,857 ppm or 2.29 per cent LREO;
PCH-RC-066 from zero to 13 m, EOH:
12,858 ppm or 1.29 per cent TREO, 2,789 ppm or 0.28 per cent MREO, 524 ppm or 0.05 per cent HREO, and 12,334 ppm or 1.23 per cent LREO;
PCH-RC-063 from zero to 24 m, EOH:
27,188 ppm or 2.72 per cent TREO, 6,293 ppm or 0.63 per cent MREO, 1,369 ppm or 0.14 per cent HREO, and 25,819 ppm or 2.59 per cent LREO;
Two AH holes have a total weighted average of 10,249 ppm or 1.02 per cent TREO, including:
PCH-AH-29 from zero to seven m, EOH:
4,122 ppm or 0.41 per cent TREO, 1,066 ppm or 0.11 per cent MREO, 361 ppm or 0.04 per cent HREO, and 3,762 ppm or 0.38 per cent light rare earth oxides;
PCH-AH-30 from zero to seven m, EOH:
16,375 ppm or 1.64 per cent TREO, 2,955 ppm or 0.30 per cent MREO, 457 ppm or 0.05 per cent HREO, and 15,918 ppm or 1.59 per cent light rare earth oxides.
"We believe that the high-grade nature of the SW extension zone, which contains magnet rare earth oxides sample values of up to 13,212 ppm or 1.32 per cent, places this discovery on a global stage. The fact that all of these holes are still open at depth creates an opportunity to discover additional mineralization at depth," stated Tom Drivas, chief executive officer.
"Appia's work with exploratory auger drilling has delivered compelling results, particularly when the 2023 auger holes PCH-AH-29 and PCH-AH-30 are included, which returned a total weighted average of over 10,000 ppm or 1 per cent TREO over seven m of depth," noted Stephen Burega, president. "Follow-up RC drilling successfully expanded the overall total depth of the high-grade mineralization to an average of approximately 19 metres across this zone, and we've observed mineralization throughout the length of all RC and auger holes. For instance, holes PCH-RC-063 with a total depth of 24 m and PCH-RC-067 with a total depth of 11 m each yielded grades exceeding 24,000 ppm or 2.4 per cent TREO and over 5,000 ppm or 0.5 per cent MREO at the bottom of each drill hole."
The lateral extension and the depth of the SW extension high-grade zone has not been fully tested, and the company eagerly awaits results from the remaining seven RC holes drilled within this new zone, in addition to the numerous RC drill holes to the south located outside of the Target IV boundary. Target IV encompasses 193 hectares, with the SW extension zone occupying about 50 hectares. In total, the PCH project spans 17,551 hectares across 10 claims.
Appia has previously provided details on a total of 57 RC drill holes, showcasing an extraordinary overall total weighted-average grade of 2,287 ppm TREO (see the press release dated Nov. 9, 2023). The company will provide timely updates to investors as assay results are received from the remaining 85 RC, 128 auger and one diamond drill holes, which are located both within Target IV and from various extension zones outside of the main Target IV zone.
Background on the PCH project
The PCH project is located within the Tocantins structural province in the Brasilia fold belt, more specifically, the Arenopolis magmatic arc. The PCH project is 17,551.07 hectares in size and located within the Goias state of Brazil. It is classified as an alkaline intrusive rock occurrence with highly anomalous rare earth element 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 geochemical exploration work carried out to date indicate the potential for high-grade REEs and niobium mineral resources within the lateritic ionic adsorption clays.
Quality assurance/quality control
Reverse circulation drill holes are vertical, and reported intervals are true thicknesses. Each is sampled at one-metre intervals, resulting in average sample sizes of five to 25 kilograms. A small representative specimen was taken from each sample bag and placed into a chip tray for visual inspection and logging by the geologist. Quartering was performed at Appia's logging facility using a riffle splitter and continued splitting until a representative sample weighing approximately 500 grams each was obtained, bagged in a resistant plastic bag, labelled, photographed and stored for shipment.
The samples were sent to the SGS laboratory in Vespasiano, Minas Gerais. In addition to the internal QA/QC of the SGS lab, Appia has included its own control samples in each sample batch sent to the laboratory.
Quality control samples, such as blanks, duplicates and standards (CRM), were inserted into each analytical run. For all analytical methods, the minimum number of QA/QC samples is one standard, one duplicate and one blank, introduced into every batch which comprises a full-length hole. The rigorous procedures implemented during the sample collection, preparation and analysis stages underscore the robustness and reliability of the analytical results obtained.
All analytical results reported herein have passed internal QA/QC review and compilation. All assay results of RC samples were provided by SGS Geosol, an ISO/IEC 17025:2005 certified laboratory, which performed its measure of the concentration of rare earth element analyses by inductively coupled plasma mass spectrometry (ICP-MS) analytical methods.
The technical content in this news release was reviewed and approved by Don Hains, PGeo, consulting geologist, 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-per-cent 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 an up-to-70-per-cent interest in the PCH project, which is 17,551.07 hectares in size and located within the Goias state of Brazil (see the June 9, 2023, press release).
Appia has 130.5 million common shares outstanding and 138.0 million shares fully diluted.
We seek Safe Harbor.
© 2023 Canjex Publishing Ltd. All rights reserved.
douginil
1年前
Appia Discovers An Unprecedented High-Grade Mineralized Zone: Total Weighted Average Grade Of 7,578 Ppm Or 0.76% Total Rare Earth Oxide Across 10 Reverse Circulation Drill Holes At Its PCH Ionic Clay Project, Brazil
TORONTO, ONTARIO, November 28, 2023, - Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE: API) (OTCQX: APAAF) (Germany: “A0I0.F”, “A0I0.MU”, “A0I0.BE”) is pleased to announce the further delineation of the SW Extension Zone, a significant high-grade Rare Earth Elements (REE) mineralized zone located in the Southwest (SW) corner of the Target IV zone. This discovery spans an area of over 1,000 metres by 500 metres, with an average thickness of approximately 19 metres, and builds on the previously announced remarkable PCH-RC-63 results. (See Oct. 31st, 2023 Press Release)
Highlights:
High-Grade SW Extension Zone:
10 Reverse Circulation (RC) holes with a total weighted average of 7,578 ppm or 0.76% Total Rare Earth Oxide (TREO), including:
1,744 ppm or 0.17% Magnet Rare Earth Oxide (MREO), and 416 ppm or 0.04% Heavy Rare Earth Oxide (HREO); 7,162 ppm or 0.71% Light Rare Earth Oxide (LREO)
The SW Extension Zone currently spans approximately 0.5 km2 with average hole depths of 19 metres - all open at depth.
Highest-Grade RC and Auger (AH) Intercepts:
PCH-RC-067 from 0 to 11m EOH:
24,309 ppm or 2.43 % TREO, 5,717 ppm or 0.57% MREO, 1,452 ppm or 0.15% HREO, and 22,857 ppm or 2.29% LREO.
PCH-RC-066 from 0 to 13m EOH:
12,858 ppm or 1.29% TREO, 2,789 ppm or 0.28% MREO, 524 ppm or 0.05% HREO, and 12,334 ppm or 1.23% LREO.
PCH-RC-063 from 0 to 24m EOH:
27,188 ppm or 2.72% TREO, 6,293 ppm or 0.63% MREO, 1,369 ppm or 0.14% HREO, and 25,819 ppm or 2.59% LREO.
2 AH holes have a total weighted average of 10,249 ppm or 1.02% TREO, including:
PCH-AH-29 from 0 to 7m EOH:
4,122 ppm or 0.41% TREO, 1,066 ppm or 0.11% MREO, 361 ppm or 0.04% HREO, and 3,762 ppm or 0.38% Light Rare Earth Oxides (LREO).
PCH-AH-30 from 0 to 7m EOH:
16,375 ppm or 1.64% TREO, 2,955 ppm or 0.30% MREO, 457 ppm or 0.05% HREO, and 15,918 ppm or 1.59% Light Rare Earth Oxides (LREO).
“We believe that the high-grade nature of the SW Extension Zone, which contains Magnet Rare Earth Oxides sample values of up to 13,212 ppm or 1.32%, places this discovery on a global stage. The fact that all of these holes are still open at depth creates an opportunity to discover additional mineralization at depth," stated Tom Drivas, CEO.
Read more & Graphics at:
https://www.appiareu.com
douginil
1年前
Appia Re-Evaluates Potential of its Elliot Lake Uranium Deposits in View of Increased Uranium Prices, Confirmation of Significant Rare Earth Mineralization and Bulk Mining Potential
TORONTO, ONTARIO, November 16, 2023, - Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE: API, OTCQX: APAAF, Germany: “A0I0.F”, “A0I0.MU”, “A0I0.BE”) is pleased to announce that the Company is revisiting its large uranium-rare earths deposits located at Elliot Lake, Ontario to examine the impact of increased uranium prices and confirmation of significant rare element (“REE”) mineralization. The Company will also evaluate the cost–saving potential of bulk mining the Teasdale Lake and Banana Lake Zones.
In 2007-08 and 2012, Appia completed drill programs to confirm mineralization detailed in historical resource estimates for the Teasdale Lake and Banana Lake Zones. Following the drill program, Appia engaged consulting firm Watts, Griffis and McOuat Limited (WGM) to provide an updated NI 43-101 Resource Estimate for the two zones.
The technical report was prepared in accordance with the provisions of National Instrument 43-101 and entitled “UPDATE REPORT ON THE APPIA ENERGY CORP. URANIUM-RARE EARTH PROPERTY, ELLIOT LAKE DISTRICT, NORTH-CENTRAL ONTARIO, CANADA” by Watts, Griffis and McOuat, dated July 30, 2013 (the “2013 Updated Resource Estimate Report”) and filed on SEDARplus at www.sedarplus.com on August 14, 2013.
The NI 43-101 Indicated Mineral Resource for the Teasdale Lake Zone was 14,435,000 tons grading 0.554 lbs U3O8/ton and 3.30 lbs. TREE/ton for a total of 7,995,000 lbs. U3O8 and 47,689,000 lbs. TREE. The Inferred Mineral Resource was 42,447,000 tons grading 0.474 lbs. U3O8/ton and 3.14 lbs. TREE/ton totalling 20,115,000 lbs. U3O8 and 133,175,000 lbs. TREE – see Table 1.
The Inferred Mineral Resource for the Banana Lake Zone was 30,315,000 tons grading 0.912 lbs. U3O8/ton for a total of 27,638,000 lbs. U3O8 – see Table 2.
The historical resource for the five separate zones comprising Appia’s Elliot Lake Property is summarized in Table 3.
Go to web site for tables.
douginil
1年前
Appia Engages SGS to complete a Mineral Resource Estimate on Target IV and NI 43-101 Technical Report at PCH REE Project
Toronto, Ontario – November 7th, 2023 - Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE: API) (OTCQX: APAAF) (Germany: “A0I0.F”, “A0I0.MU”, “A0I0.BE”) is pleased to announce that it has engaged SGS Geological Services (SGS) to prepare a comprehensive NI 43-101 technical report on Appia’s PCH Rare Earths Ionic Clay Project including a Maiden Mineral Resource Estimate (MRE) on target IV.
This marks a significant step forward in the exploration and potential development of the PCH Project. PCH is located approximately 30 km (about 18.64 mi) from Iporá, Goya's State Brazil and is situated within a region well?known for its significant mineral exploration potential, mining activity, and well-developed infrastructure.?
Appia's ongoing exploration program is characterized by a comprehensive approach, incorporating a range of methodologies such as Reverse Circulation (RC) drilling, extensive auger sampling, diamond drilling, and LiDAR surveying. Recent assays have confirmed mineralization from surface as reported in the press release dated October 31, 2023.
The SGS team brings to the table a wealth of experience in the mineral and mining industry, particularly in precious metals, base metals, and critical minerals, including rare earths. Their expertise in metallurgy and process development remains unmatched worldwide, making them an ideal candidate for Appia in this endeavor.?
The primary objective is to complete a maiden MRE on Target IV and an NI 43-101 Technical Report in support of the MRE, based on the comprehensive data provided by Appia. SGS is slated to commence their work promptly upon the receipt of the database, with the anticipated delivery of results expected within a 10-to-12-week timeframe from onset of the work. SGS is expected to receive the database in the coming weeks.
"Appia's collaboration with SGS marks an important milestone for the PCH Project," said Stephen Burega, President of Appia. "We are confident that SGS's expertise will bring us one step closer to realizing the full potential of the PCH Project.”
Appia will provide timely updates to shareholders and the general public as assay results are received from the remaining 129 RC, 106 Auger drill holes, and 1 diamond drill hole.
Appia also wished to announce that it has engaged Outside The Box Capital Inc. (“OTB Capital”) to perform market awareness and marketing services for an initial term of one year. The nature of the services to be provided by OTB Capital include, but are not limited to, marketing services to communicate to the financial community information about the Company. OTB is a marketing services firm based in Canada.
In addition to a fee of $120,000 plus applicable taxes, the Company has granted OTB Capital 436,364 options exercisable at $0.275 per share until the earlier of three years and 90 days following the termination of the agreement with OTB Capital.
The Company has also granted an aggregate of 750,000 options exerciseable at $0.275 per share for 3 years to two other consultants. 500,000 options granted to one consultant are subject to vesting as to 50% immediately and 50% in 3 months.
douginil
1年前
Appia Reports Extraordinary Assay Drill Results From Its PCH Ionic Clay Project, Brazil
Reverse Circulation Drill Hole Returns 24 Metres Of Mineralization Averaging 27,188 ppm or 2.72% Total Rare Earth Oxides From Surface
TORONTO, October 31st, 2023 - Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE: API) (OTCQX: APAAF) (Germany: “A0I0.F”, “A0I0.MU”, “A0I0.BE”) is thrilled to announce a groundbreaking discovery of an exceptional high-grade Total Rare Earth Oxides (TREO) intersection extending the known area of Target IV. Hole PCH-RC-063 contains unique high grades and depth of mineralization, spanning an impressive 24 metres from top to bottom, and remains open at depth.
Summary:
27,188 parts per million (ppm) or 2.72% TREO over 24 metres
Including 6,293 ppm or 0.63% Magnet Rare Earth Oxides (MREO)
Including 1,369 ppm or 0.14% Heavy Rare Earths Oxides (HREO)
PCH-RC-63 totalled 24 metres depth and is mineralized throughout the entire hole from surface, and remains open at depth.
Notably, several elements surpassed the upper detection limit of the assay method being used, and updated results will be reported once received.
Previously announced drill results – Press Release October 16th, 2023
“These drill results are the highest TREO grades detected on the PCH property to date,” commented Tom Drivas, CEO. “The data released today reveals an unprecedent concentration of TREO over the entire hole, and even more impressive is that the hole remains open at depth, suggesting significant potential for further mineralization.”
“This extraordinary RC hole confirms the extension of the initial Target IV area to the West and has increased the average thickness and total depth of the highly mineralized PCH ionic clay horizon,” said Stephen Burega, President. “These high concentrations of TREO are very uncommon, and may be the first indications of a larger high-grade mineralized zone. Lastly, we have not yet tested the total thickness of this zone as the RC drilling was stopped at the water table.”
“The consistency of grades is truly spectacular. At the bottom one metre of the hole, in sample F485895, we observed grades of 26,882 ppm of TREO, 5,897 ppm of MREO, and 1,245 ppm of HREO,” stated Carlos Bastos, Geology Manager and Appia’s Brazilian Qualified Person. “The assay results from PCH-RC-063 are highly promising, revealing sustained mineralization of essential elements including Terbium (Tb), Dysprosium (Dy), Neodymium (Nd), and Praseodymium (Pr). Notably, several elements surpassed the upper detection limit of the assay method being used, and updated results will be reported once received.”
In light of these findings, Appia has commissioned a comprehensive analyses for each rare earths oxide using the methods IMS95RS and ICP95A from SGS Geosol Lab to further understand the potential implications that this level of mineralization could have on the project.
Appia will provide timely updates to shareholders and the general public as assay results are received from the remaining 129 RC, 106 Auger, and 1 diamond drill holes.
douginil
1年前
Appia Reports Remarkable Drilling Results; Doubles Depth of Mineralized Zones at the PCH Ionic Clay Project, Brazil
TORONTO, October 16th, 2023, - Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE: API) (OTCQX: APAAF) (Germany: “A0I0.F”, “A0I0.MU”, “A0I0.BE”) announce results from the first 17 drill holes out of 147 completed to date from the Reverse Circulation (RC) drilling campaign at its PCH Ionic Clay Project in Goiás State, Brazil. The results from the first 17 RC drill holes represent a significant doubling in average depth of mineralized zones to 13 metres with overall weighted average grades of 1,566 parts per million (ppm) Total Rare Earth Oxides (TREO) which is comparable to, or surpasses, other well-known international deposits.
Summary:
Reverse Circulation (RC) drill holes assayed: The first 17 RC drill holes of the Phase 1 drill program are all Rare Earth Element (REE) mineralized. A total of 147 holes have been completed to date with an accumulated total of 2,019 metres drilled.
Average depth doubled: The average depth of RC drilling is over 13 metres from surface representing a significant doubling in average depth of the mineralized zones.
Outstanding Grades: The results exhibit overall grades similar to or surpassing known deposits, with remarkable high-grade mineralization identified, including:
PCH-RC-001 from 0m to 15m End of Hole (EOH):
1,914 ppm TREO and 510 ppm Magnet Rare Earth Oxides (MREO), or 27% of TREO, including 9m @ 2,300 ppm TREO and 632 ppm MREO, or 27% of TREO from 2m to 11m; and
291 ppm Heavy Rare Earth Oxides (HREO), or 15% of TREO, including 9m @ 366 ppm, or 16 % of TREO.
PCH-RC-002 from 0m to 15m (EOH):
2,671 ppm TREO and 605 ppm MREO, or 23% of TREO, including 6m @ 5,389 ppm TREO and 1,189 ppm MREO, or 23% of TREO from 8m to 14m; and
220 ppm HREO, or 8% of TREO, including 6m @ 412 ppm HREO, or 8% of TREO.
PCH-RC-008 from 0m to 18m (EOH):
2,752 ppm TREO and 741 ppm MREO, or 27% of TREO, including 15m @ 3,084 ppm TREO and 839 ppm MREO, or 27% of TREO from 2m to 17m; and 404 ppm HREO, or 15% of TREO, including 15m @ 460 ppm HREO, or 15% of TREO.
PCH-RC-009 from 0m to 15m (EOH):
3,277 ppm TREO and 804 ppm MREO, or 25% of TREO, including 12m @ 3,594 ppm TREO and 886 ppm MREO, or 24% of TREO from 1m to 13m; and
251 ppm HREO, or 8 % of TREO, including 12m @ 275 ppm HREO, or 8% of TREO.
PCH-RC-011 from 0m to 15m (EOH):
3,717 ppm TREO and 913 ppm MREO, or 25% of TREO, including 11m @ 4,182 ppm TREO and 1,035 ppm MREO, or 25% of TREO from 0m to 11m; and
286 ppm HREO, or 8 % of TREO, including 11m @ 327 ppm HREO, or 8% of TREO.
douginil
1年前
Appia Provides Update on its Extensive Drilling Program at its PCH Ionic Clay Project, Brazil
TORONTO, ONTARIO, September 28th, 2023, - Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE: API) (OTCQX: APAAF) (Germany: “A0I0.F”, “A0I0.MU”, “A0I0.BE”) is pleased to provide an update on the progress of its ongoing drilling program to outline the extent of the mineralized zone at Target IV on its PCH Iconic Clay Project in Brazil. To date, the Company has processed and sent 2,255 samples for analysis, from both the Reverse Circulation (RC) and Auger drill programs, and expects to release results in the near future.
Summary:
Completed 232 drill holes for a total of 2847.5 metres, of which:
Reverse Circulation drilling: 147 holes totaling of 2,019 metres.
Auger drilling: 84 holes totalling of 585 metres.
Diamond drilling - Completion of 243.50 metres.
Logging and sampling is ongoing, and currently, 2,255 samples have been sent to SGS Geosol laboratory for assaying.
“The reverse circulation (RC) drilling has averaged roughly 13 metres depth, often exceeding 20 metres depth and encountering clayey materials in the majority of holes. Auger sampling, on the other hand, has an average depth of about 7 metres, with samples collected every meter,” stated Carlos Bastos, Geology Manager and Brazilian QP. “And in specific cases, alternative methodologies have been applied to gain a deeper understanding of the mineralized zones and analytical methods.”
He continued, "With diamond, RC, and auger drilling activities running concurrently, the project has made substantial advancements. Our team is exceptionally pleased with the productivity, geological insights, and interpretation we have gathered thus far. We are confident that the forthcoming results from the SGS laboratory will strengthen our belief that we are positioned within a significant rare earth element ionic clay deposit."
Read more and view graphics at:
https://www.appiareu.com/news/appia-provides-update-on-its-extensive-drilling-program-at-its-pch-ionic-clay-project-brazil
douginil
1年前
Appia Deploys Third Drill at PCH Ionic Clay Project in Brazil
TORONTO, ONTARIO, August 31, 2023, - Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE: API, OTCQX: APAAF, FRA: A0I0) 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 24th, 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.
Read more at company web site.
douginil
1年前
Appia Provides Update On Its 300 Hole RC Drilling Campaign At Its PCH Ionic Clay Project, Brazil
TORONTO, ONTARIO, August 24, 2023 - Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE: API, OTCQX: APAAF, Germany: “A0I0.F”, “A0I0.MU”, “A0I0.BE”) 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 mineralogy 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.
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.
douginil
2年前
Appia Receives Positive Assays Results – Announces Plans To Proceed With The Acquistion Of Ionic Clay Project, Brazil
269 SAMPLES SHOW POSITIVE CORRELATION TO VENDOR’S RESULTS
TORONTO, ONTARIO, May 30, 2023 - Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE: API, OTCQX: APAAF, Germany: “A0I0.F”, “A0I.MU”, “A0I.BE”) has received a partial set of results from their 15 hole due diligence drilling program completed in April 2023 that confirm the continuity of grade between this representative sample and the Vendor’s assay results on The Cachoeirinha Project (the “PCH Project”) located in the Tocantins Structural Province of the Brasília Fold Belt, Goiás State, Brazil. (Click here for the Press Release).
“As previously announced, we drilled 15 auger holes twinning a representative mix of trenches, drill and auger holes across the western portion of the property and the partial assay results received from the SGS Geosol labs in Brazil have now confirmed that the data presented by the Vendor is accurate and acceptable to Appia’s Management and the Board,” stated Stephen Burega, President of Appia.
He continued, “I am extremely pleased to announce that the Company intends to finalize the previously announced Letter Agreement (see March 7, 2023 Press Release) to acquire up to a 70% ownership interest in the PCH project and move to signing a binding Shareholder’s Agreement.”
“Based on my review of the work completed to date by Appia and the Vendor, the PCH project is an ionic abosortion clay structure covering a large project area with significant potential,” stated Mr. Don Hains, industrial mineral expert and consulting geologist to Appia.
Appia and the Vendor are also currently working with SGS Canada to undertake initial mineralogy testing on samples from the PCH property, and anticipate submitting additional samples over the next quarter.
Once the Shareholder’s Agreement has been executed, Appia plans to commence an initial work program in early July 2023 including:
A detailed Lidar Survey across the entire PCH property
Begin an auger drill program of the primary target area on the Western segment of the PCH property at 100m line spacing
Assay sampling will be done at ½ metre intervals
Begin an initial stream sediment and soil geochemical sampling program on the highly prospective Eastern segment of the PCH property
Initiate an environmental baseline study across the property
Undertake additional mineralogical and metallurgical work in support of preliminary flow sheet design
“We are currently working closely with Mr. Don Hains to review all work completed to date by the Vendor over the past three years, including our recent due diligence results, to prepare a report on the potential of the property, and to develop a proposed multi-phase work program for next the 12 months,” Burega stated.
Early indications are that the mineralogy is primarily bastnaestite and monazite with clays that are preferentially enriched in the valuable magnetic rare earth elements. Historic work by the Vendors indicates that the magnetic REEs represent +/- 25% of the total REEs found within the project area.
douginil
2年前
Appia Announces Commencement Of Its 2023 Exploration And Drilling Programs At Its Alces Lake Project In Saskatchewan
TORONTO, ONTARIO, May 29, 2023 - Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE: API, OTCQX: APAAF, Germany: “A0I.F”, “A0I.MU”, “A0I.BE”) announces the initial mobilization of its field crew at its 100%-owned Alces Lake Rare Earth Elements (REES) Property, Northern Saskatchewan.
“The 2023 work season will be highly focussed on determining high priority drill targets along the mineralized structural corridor leading SSE from the Magnet Ridge for upwards of +20 kms,” stated Stephen Burega, President of Appia. “Targets will be chosen based on their radiometric signature, and followed-up by extensive ground-truthing with spectrometers and a handheld XRF unit to ensure our drill campaign tracks the continuity of mineralization controlled by this important structural corridor. It is hoped that new surface zones will contain high-grade REE mineralization as well as near surface bulk tonnage variable-grade mineralization will be discovered with the potential to increase total volume/tonnage on the property.”
Based on our 2022 drilling results and new geophysical interpretation of the data, the Company will embark on a 5-phase program comprising an aggressive prospecting & sampling program, followed up by selective drilling of priority targets, and airborne gravity-magnetics-radiometrics at 100 m line spacing of 2 the identified high priority areas on the property (the eastern structural corridor and Alces Lake North).
Mobilization of the field crew will take place over the next 2 weeks.
VP Exploration Irvine R. Annesley is pleased that these airborne radiometrics/magnetics/3D gravity gradiometer surveys will be undertaken to fully delineate, characterize, and interpret this distinct structural corridor. He expects that "Our increasing understanding of the complex lithological and structural context of the Alces Lake REE minerals system, adjacent to/within the main structural corridor, will ultimately enhance our potential for the discovery of additional mineralized zones at depth along this mylonitic shear zone".
“The Alces Lake Property contains variable grade REE mineralization; including high-grade with some of the highest-grade total REE mineralization in the world and hosted within a number of surface and near surface occurrences that remain open at depth and along strike”, stated VP Exploration Irvine Annesley. “The United States and Canadian governments are actively pursuing critical REE resources to build a domestic REE supply chain within North America, and hope to see the Alces Lake project as part of the answer to this demand.”
Planned 2023 Exploration Program
The Exploration Program is scheduled to start in early June and is planned to include the following 5 phases:
Phase I
Helicopter-supported detailed regional ground prospecting, mapping, and sampling of the structural corridor area
Helicopter-supported detailed regional ground prospecting, mapping and sampling over historic REE occurrences of the Alces Lake North area
Phase II
5,000 m of helicopter-supported diamond drilling of 1) priority targets following the strike extension south-southeast from the Wilson, Richard, Charles, Bell, Ivan, Dylan, Dante, and AMP zones through the Magnet Ridge Zone for ~20 kms, 2) the southern extension of The Magnet Ridge Zone (delineation drilling), and 3) reconnaissance drilling on priority regional geological/geophysical targets in the Western Anomaly area;
Phase III
Airborne gravity-magnetics-radiometrics (AGG) geophysical survey of the structural corridor (Figure 1) at 100 m line spacing o map the REE minerals system of the structural corridor area from surface to depth in order to prioritize drill targets;
Phase IV
Airborne gravity-magnetics-radiometrics (AGG) geophysical survey of Alces Lake North at 100 m line spacing to map the REE minerals system of Alces Lake North from surface to depth in order to prioritize drill targets;
Phase V
Mineralogical/petrological characterization (IRAP study) of the major REE zones/subzones at WRCB-Ivan-Dylan-Dante and Magnet Ridge to understand/interpret the enigmatic complex minerals system at Alces Lake. Note: PhD research indicates that the mineralization is protracted and pulsed over ~90 Ma (~90 million years of sustained anatectic melting to produce the low- to high-grade REE mineralization at Alces Lake).
douginil
2年前
Appia Announces Assay Results Of The Alces Lake Western Anomalies Drilling Campaign
TORONTO, ONTARIO, April 4rth, 2023 - Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE: API, OTCQX: APAAF, Germany: “A0I.F”, “A0I.MU”, “A0I.BE”) is excited to announce the release of assay results from 2022 diamond drilling of various regional exploration targets at its 100%-owned Alces Lake Rare Earth Elements (REES) Property, Northern Saskatchewan.
Final assays for Appia’s 2022 Alces Lake diamond drilling program have been received, compiled, and interpreted zone-by-zone, the third (and final) set of results is reported here. In 2022, The Company completed an extensive diamond drilling campaign of regional exploration targets. Targets were identified primarily through the interpretation of the company’s 2021 Airborne Radiometric (U, Th, K) survey in conjunction with its 2021 and 2022 prospecting results. Table 1 below highlights the most significant geochemical assay results from the regional drilling program. Table 2 provides the collar information for all of the drill holes from the 2022 regional diamond drilling program. The complete assays results are available in Table 3 by clicking on this link.
The Magnet Ridge West Target (Figures 1 and 2), first identified and drilled in 2022, returned multiple intervals of a REE (monazite-bearing) mineralization over significant drill widths, including:
15.78m @ 0.201 wt.% TREO from hole 22-MRW-005
6.29m @ 0.253 wt.% TREO from hole 22-MRW-006
10.12m @ 0.145 wt.% TREO from hole 22-MRW-009
Follow-up drilling is warranted
The West Limb area (Figures 1 and 3), where Appia recently reported a discovery of massive monazite at surface, returned 2.07m @ 0.447 wt.% TREO from hole 22-WEL-004. And from the large Western Anomaly area (Figures 1 and 4), DDH 22-WES-003 returned 8.31m @ 0.123 wt.% TREO.
“Combined with the recently released results from the WRCB’s high-grade Wilson Zone (See March 2nd, 2023 News Release) and the extension of the Magnet Ridge Zone’s thick sequences of REES near surface over significant strike length and drilled widths exceeding 28 metres (See March 20th, 2023 News Release), Appia’s 2022 work season produced excellent results and further established Alces Lake as the Company’s priority project,” stated Stephen Burega, President.”
He continued, “Follow-up geophysical and geochemical surveys are planned along and across the highest-priority areas of Alces Lake’s major structural corridor that extends south-southeast from the main mineralized zones at WRCB to Magnet Ridge and continues for another 20 to 25 km. A highly focussed drilling campaign will test numerous targets to further delineating the continuity of mineralization controlled by this important structural corridor.”
Vice President, Exploration Irvine Annesley says, “The scale and extent of regional REE anomalies on the Alces Lake project provides us with numerous targets to test (drill) outside of the WRCB and Magnet Ridge areas. This clearly shows us that the Alces Lake area has a lot more mineralization to discover/uncover from surface to depth. Volume and tonnage is the intended result”.
Hot Features
プレミアム
登録して、同じ考えを持つ投資家と議論するためのアクティブなフォーラムで相互作用するためのアクティブなフォーラムに参加してください。
willlbone
1年前
MrKizer
2年前
