MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Confirms Attractiveness of Target IV IAC Deposit with Release of Latest Desorption Test Results

July 17, 2024 at 10:21 AM EDT

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) has announced the latest desorption test results for rare earth elements (“REE”) from the Target IV Ionic Adsorption Clay (“IAC”) deposit at the PCH project in Goias, Brazil. According to the announcement, a total of 182 samples from 17 Reverse Circulation (“RC”) drillholes were sent to ALS Laboratories in Lima, Peru, with the results consistently confirming the REE IAC mineralization style on the majority of Target IV developed over the Ipora Granite and representing improved recoveries of Magnet Rare Earth Oxides (“MREO”) and Heavy Rare Earth Oxides (“HREO”) as expected. Discrete desorption interval samples returned recoveries up to 47.72% TREO on drillhole PCH-RC-029 from 5 to 6 meters; 67.18% HREO on drillhole PCH-RC-045 from 6 to 7 meters; 58.85% Dy+Tb on drillhole PCH-RC-049 from 3 to 4 meters; 81.67% Nd+Pr on drillhole PCH-RC-034 from 3 to 4 meters. In addition, the company listed the most recovered desorption intercepts for the main mineralized zone and presented the results from this zone as well as from the full drillhole length from all tested drillholes. “The combination of the significant size of mineralized area, high grades, good recoveries and rapid desorption, confirm the attractiveness of the deposit as an eventual world-class project. With each batch of desorption tests, we further our overall understanding of the nature of the IAC mineralization found at the PCH project, and we are very excited by the increase in recovery rates,” said Stephen Burega, President of Appia.

To view the full press release, visit https://ibn.fm/OqwEe

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% interest in 13,008 hectares (32,143 acres), 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, 2023, Press Release). 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. For more information, visit the company’s website at Appiareu.com.

NOTE TO INVESTORS: The latest news and updates relating to APAAF are available in the company’s newsroom at https://ibn.fm/APAAF

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