Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, is reporting on significant assay results from its discovery Diamond Drill Hole (“DDH”) PCH-F01; the drill hole is located within the highly prospective Target IV zone at Appia’s Brazil-based PCH Project, which is located within the Tocantins Structural Province in the Brasília Fold Belt. According to the report, the company has re-assayed the entire hole PCH-F01 as part of its due diligence. The assay results are from surface to 18 meters and include 9,445 parts per million (ppm) Total Rare Earth Oxide (“TREO”), 2,786 ppm Magnet Rare Earth Oxide (“MREO”), 787 ppm Heavy Rare Earth Oxide (“HREO”) and 8,658 ppm Light Rare Earth Oxide (“LREO”). “These results from DDH PCH-F01R confirm the presence of an alkaline breccia with significant concentrations of REE throughout the hard rock beneath the clay and saprolite zones,” said Appia Rare Earths & Uranium president Stephen Burega in the press release. “DDH PCH-F01R is situated northeast of the previously reported PCH RC-063 hole, located in the southwest quadrant of Target IV. This Reverse Circulation hole revealed TREO results as high as 92,758 ppm from 10-to-12 meters, with a total weighted average of 38,655 ppm TREO from 0 to 24 meters, remaining open at depth. We have seen remarkable grades across Target IV, spanning from RC to DDH results. Numerous intercepts surpass 10,000 ppm TREO, including PCH-F01R, where the results support the ultra-high grade weathered profile. The team has identified two high-grade zones within Target IV, approximately 300 meters apart, interconnected with mineralization at shallow depths.”
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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 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% interest in the PCH Project, which is 40,963.18 hectares in size and located within the Goiás State of Brazil. For more information about the company, please visit www.AppiaREU.com.
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