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Tuesday, 11/28/2023 8:34:40 AM

Tuesday, November 28, 2023 8:34:40 AM

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Appia Discovers An Unprecedented High-Grade Mineralized Zone: Total Weighted Average Grade Of 7,578 Ppm Or 0.76% Total Rare Earth Oxide Across 10 Reverse Circulation Drill Holes At Its PCH Ionic Clay Project, Brazil

TORONTO, ONTARIO, November 28, 2023, - Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE: API) (OTCQX: APAAF) (Germany: “A0I0.F”, “A0I0.MU”, “A0I0.BE”) is pleased to announce the further delineation of the SW Extension Zone, a significant high-grade Rare Earth Elements (REE) mineralized zone located in the Southwest (SW) corner of the Target IV zone. This discovery spans an area of over 1,000 metres by 500 metres, with an average thickness of approximately 19 metres, and builds on the previously announced remarkable PCH-RC-63 results. (See Oct. 31st, 2023 Press Release)


High-Grade SW Extension Zone:
10 Reverse Circulation (RC) holes with a total weighted average of 7,578 ppm or 0.76% Total Rare Earth Oxide (TREO), including:
1,744 ppm or 0.17% Magnet Rare Earth Oxide (MREO), and 416 ppm or 0.04% Heavy Rare Earth Oxide (HREO); 7,162 ppm or 0.71% Light Rare Earth Oxide (LREO)
The SW Extension Zone currently spans approximately 0.5 km2 with average hole depths of 19 metres - all open at depth.

Highest-Grade RC and Auger (AH) Intercepts:
PCH-RC-067 from 0 to 11m EOH:
24,309 ppm or 2.43 % TREO, 5,717 ppm or 0.57% MREO, 1,452 ppm or 0.15% HREO, and 22,857 ppm or 2.29% LREO.
PCH-RC-066 from 0 to 13m EOH:
12,858 ppm or 1.29% TREO, 2,789 ppm or 0.28% MREO, 524 ppm or 0.05% HREO, and 12,334 ppm or 1.23% LREO.
PCH-RC-063 from 0 to 24m EOH:
27,188 ppm or 2.72% TREO, 6,293 ppm or 0.63% MREO, 1,369 ppm or 0.14% HREO, and 25,819 ppm or 2.59% LREO.
2 AH holes have a total weighted average of 10,249 ppm or 1.02% TREO, including:
PCH-AH-29 from 0 to 7m EOH:
4,122 ppm or 0.41% TREO, 1,066 ppm or 0.11% MREO, 361 ppm or 0.04% HREO, and 3,762 ppm or 0.38% Light Rare Earth Oxides (LREO).
PCH-AH-30 from 0 to 7m EOH:
16,375 ppm or 1.64% TREO, 2,955 ppm or 0.30% MREO, 457 ppm or 0.05% HREO, and 15,918 ppm or 1.59% Light Rare Earth Oxides (LREO).

“We believe that the high-grade nature of the SW Extension Zone, which contains Magnet Rare Earth Oxides sample values of up to 13,212 ppm or 1.32%, places this discovery on a global stage. The fact that all of these holes are still open at depth creates an opportunity to discover additional mineralization at depth," stated Tom Drivas, CEO.

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