Mr. Tom Drivas reports
APPIA PLANS TO RESUME EXPLORATION AT ALCES LAKE TO ADVANCE HIGH-PRIORITY REE DRILL TARGETS
Appia Rare Earths & Uranium Corp. plans to resume exploration activities at its rare earth elements (REE) Alces Lake project in Northern Saskatchewan this summer. This follows the 2024 exploration program, which focused on camp maintenance and detailed land surveying of drill targets, in preparation for a full-scale exploration campaign in 2025.
The upcoming exploration program will build on targets identified through Appia's high-resolution AGG survey, which underwent advanced 3-D processing in late 2024 to refine key geophysical anomalies. Scheduled for the summer of 2025, this next phase will begin with targeted mobile metal ion (MMI) soil sampling and ground gravity surveys to test potential REE-bearing zones from surface to depths of 500 metres. The new results will directly guide a full-scale diamond drilling program for targeting and discovering additional mineralized zones at depth that are comparable with REE mineralization already identified at surface across the property.
"Our focus for this exploration season is clear: to pinpoint and prioritize the most compelling drill targets that could lead us to the larger source(s) of Alces Lake's REE mineralization. By combining our recently processed AGG geophysical data with new targeted MMI soil sampling and ground gravity surveys, our summer program will result in a strategically focused drill campaign aimed at unlocking the deeper level potential of this exceptional property," stated Tom Drivas, chief executive officer and director of Appia.
The goal of this next phase is to identify geochemical anomalies that correlate positively with surface to depth gravity-magnetic-radiometric-defined anomalies (high density, magnetic low and equivalent Th (thorium) radiometric high), which are key indicators of monazite-hosted REE mineralization. Appia's known showings, such as the WRCB and Magnet Ridge zones, provide a reliable model to calibrate and guide these multisource exploration tools.
The technical content of this news release has been reviewed and approved by Dr. Irvine Annesley, PGeo, senior exploration consultant and 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 holds the right to acquire up to a 70-per-cent interest in the PCH ionic adsorption clay project (see June 9, 2023, news release), which is 42,932.24 hectares in size and located within the Goias state of Brazil (see Jan. 11, 2024, news release). The company is also focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, and 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 94,982.39 hectares (234,706.59 acres) in Saskatchewan. The company also has a 100-per-cent interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake camp in Ontario.
Appia has 153 million common shares outstanding (177 million shares fully diluted).
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