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Wednesday, July 27, 2022 10:48:32 AM
TORONTO, ONTARIO, July 26, 2022 - Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE:API, OTCQX:APAAF, Germany: “A0I.F”, “A0I.MU”, “A0I.BE”) is pleased to announce that the Company has completed the initial phase of the 2022 drilling / exploration program on the 100%-owned Alces Lake high-grade rare earth elements and gallium property, Athabasca Basin area, northern Saskatchewan.
Highlights:
Record metreage (17,481 metres) drilled in record time (4 ½ months)
Additional delineation drilling on the high-grade mineralization in WRCB discovery including previously undrilled monazite targets at Danny and Wilson/Wilson North
Initial delineation drilling on the discoveries at Magnet Ridge (formerly Augier) and Magnet Ridge West included 44 holes and a total 7,344 metres drilled
First drilling on highly prospective anomalies at the West Limb (see map, Figure 1)
Drilling on the Western Anomaly at Sweet Chili Heat, Diablo and Buffalo to follow-up on 2021 assay results
A new high resolution aerial survey program of 4,864 line km (radiometric and aeromagnetic) to be flown over the new Alces Lake claims added in 2021
Planning commenced for upcoming 2022/23 uranium exploration activities
Frederick Kozak, President of Appia said “Building on our experience of 2021 at Alces Lake, Appia got an early start in March on the planned 2022 drilling program. Kudos to the entire team of drillers, helpers, camp support and the geology team for this record accomplishment. Appia drilled more than double the 2021 metreage in less time than the previous year’s program. We have accomplished all of our initial phase drilling goals and now eagerly await assay results to plan the next phase of drilling. New high resolution aerial geophysics will be flown soon and this will also add to the inventory of potential exploration targets at Alces Lake.”
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