Appia Rare Earths and Uranium Corp (APAAF)

[douginil]

Appia Announces Commencement Of Its 2023 Exploration And Drilling Programs At Its Alces Lake Project In Saskatchewan

TORONTO, ONTARIO, May 29, 2023 - Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE: API, OTCQX: APAAF, Germany: “A0I.F”, “A0I.MU”, “A0I.BE”) announces the initial mobilization of its field crew at its 100%-owned Alces Lake Rare Earth Elements (REES) Property, Northern Saskatchewan.

“The 2023 work season will be highly focussed on determining high priority drill targets along the mineralized structural corridor leading SSE from the Magnet Ridge for upwards of +20 kms,” stated Stephen Burega, President of Appia. “Targets will be chosen based on their radiometric signature, and followed-up by extensive ground-truthing with spectrometers and a handheld XRF unit to ensure our drill campaign tracks the continuity of mineralization controlled by this important structural corridor. It is hoped that new surface zones will contain high-grade REE mineralization as well as near surface bulk tonnage variable-grade mineralization will be discovered with the potential to increase total volume/tonnage on the property.”

Based on our 2022 drilling results and new geophysical interpretation of the data, the Company will embark on a 5-phase program comprising an aggressive prospecting & sampling program, followed up by selective drilling of priority targets, and airborne gravity-magnetics-radiometrics at 100 m line spacing of 2 the identified high priority areas on the property (the eastern structural corridor and Alces Lake North).

Mobilization of the field crew will take place over the next 2 weeks.

VP Exploration Irvine R. Annesley is pleased that these airborne radiometrics/magnetics/3D gravity gradiometer surveys will be undertaken to fully delineate, characterize, and interpret this distinct structural corridor. He expects that "Our increasing understanding of the complex lithological and structural context of the Alces Lake REE minerals system, adjacent to/within the main structural corridor, will ultimately enhance our potential for the discovery of additional mineralized zones at depth along this mylonitic shear zone".

“The Alces Lake Property contains variable grade REE mineralization; including high-grade with some of the highest-grade total REE mineralization in the world and hosted within a number of surface and near surface occurrences that remain open at depth and along strike”, stated VP Exploration Irvine Annesley. “The United States and Canadian governments are actively pursuing critical REE resources to build a domestic REE supply chain within North America, and hope to see the Alces Lake project as part of the answer to this demand.”

Planned 2023 Exploration Program

The Exploration Program is scheduled to start in early June and is planned to include the following 5 phases:

Phase I

Helicopter-supported detailed regional ground prospecting, mapping, and sampling of the structural corridor area
Helicopter-supported detailed regional ground prospecting, mapping and sampling over historic REE occurrences of the Alces Lake North area

Phase II

5,000 m of helicopter-supported diamond drilling of 1) priority targets following the strike extension south-southeast from the Wilson, Richard, Charles, Bell, Ivan, Dylan, Dante, and AMP zones through the Magnet Ridge Zone for ~20 kms, 2) the southern extension of The Magnet Ridge Zone (delineation drilling), and 3) reconnaissance drilling on priority regional geological/geophysical targets in the Western Anomaly area;

Phase III

Airborne gravity-magnetics-radiometrics (AGG) geophysical survey of the structural corridor (Figure 1) at 100 m line spacing o map the REE minerals system of the structural corridor area from surface to depth in order to prioritize drill targets;

Phase IV

Airborne gravity-magnetics-radiometrics (AGG) geophysical survey of Alces Lake North at 100 m line spacing to map the REE minerals system of Alces Lake North from surface to depth in order to prioritize drill targets;

Phase V

Mineralogical/petrological characterization (IRAP study) of the major REE zones/subzones at WRCB-Ivan-Dylan-Dante and Magnet Ridge to understand/interpret the enigmatic complex minerals system at Alces Lake. Note: PhD research indicates that the mineralization is protracted and pulsed over ~90 Ma (~90 million years of sustained anatectic melting to produce the low- to high-grade REE mineralization at Alces Lake).