Appia Rare Earths and Uranium Corp (APAAF)

[douginil]

Latest rare earths drilling campaign results have investors wondering how large the Appia resource is

by Matthew Bohlsen - October 12, 2020

Appia Energy Corp. (CSE: API | OTCQB: APAAF) (‘Appia’) has just completed a round of drilling at their 100% owned Alces Lake Property, in the Athabasca Basin area of northern Saskatchewan, Canada. The project has monazite ore containing valuable rare earths Neodymium (Nd), Praseodymium (Pr), Dysprosium (Dy), and Terbium (Tb). Alces Lake hosts the 2nd highest average rare earth element (REE) grade in the world at 16.65 wt% TREO. Investors are starting to wonder how big this resource is. They already know the grade is exceptionally high, but step by step it appears that the resource is large and maybe very large.

The key result of the drilling campaign was that Appia was able to confirm the REE minerals system over a 875m strike length, as deep as 340m from surface, still open in all directions and in two sub-parallel trends.

The original trend includes the high grade REE zones of Wilson, Richard, Charles and Bell which now look to be all joined at depth over a strike length of 145m. As a result the 4 zones have now been combined into one larger zone and named the WRCB zone.

Another positive was that 15 out of the 18 drill holes intersected the REE mineralized system. Assay results from the drill campaign are expected to be released soon.


Read more and view maps and graphics at:
https://investorintel.com/sectors/technology-metals/technology-metals-intel/latest-rare-earths-drilling-campaign-results-have-investors-wondering-how-large-is-appias-resource/?utm_source=rss&utm_medium=rss&utm_campaign=latest-rare-earths-drilling-campaign-results-have-investors-wondering-how-large-is-appias-resource