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Appia Rare Earths & Uranium Corp
Symbol API
Shares Issued 121,484,621
Close 2023-10-26 C$ 0.235
Market Cap C$ 28,548,886
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Appia completes lidar, orthophoto survey over PCH

2023-10-27 11:51 ET - News Release

Mr. Tom Drivas reports

APPIA COMPLETES LIDAR AND ORTHOPHOTO SURVEY OVER PCH IONIC CLAY TARGET IV PROJECT AREA, GOIAS, BRAZIL

Appia Rare Earths & Uranium Corp. has completed a high-definition lidar and orthophoto survey across an area of 1,702.50 hectares which includes the company's priority ionic clay target IV project area. Metro Cubico Engenharia Ltda. was engaged by Appia to complete the survey.

"Orthophotos are essential for the efficient management of our drill campaign as they provide high-resolution and accurate visual information with maximum detail," stated Fabricio Santos, Appia's geophysics and processes manager. "Furthermore, lidar surveying provides a highly accurate contribution to terrain modelling, which is essential to ensure the accuracy of the geological model."

Metro Cubico Engenharia has been working in Brazil since 2012, and is headquartered in Sao Paulo. Metro is made up of a multidisciplinary technical team with professionals with more than 20 years of experience in various technological areas (fixed laser scanner, mobile laser scanner, mapping with drone or unmanned aerial vehicle, Georadar -- geo penetrating radar -- GPR, conventional topographic survey, specialized industrial topography) among others.

Background on the PCH project

The PCH project is located within the Tocantins structural province in the Brasilia fold belt, more specifically, the Arenopolis magmatic arc. The PCH project is 17,551.07 ha in size and located within the Goias state of Brazil. It is classified as an alkaline intrusive rock occurrence with highly anomalous rare earth element and niobium mineralization. This mineralization is related to alkaline lithologies of the Fazenda Buriti plutonic complex and the hydrothermal and surface alteration products of this complex by supergene enrichment in a tropical climate. The positive results of the recent geochemical exploration work carried out to date indicates the potential for REEs within lateritic ionic adsorption clays and niobium.

The technical content in this news release was reviewed and approved by Don Hains, PGeo, consulting geologist and a qualified person as defined by National Instrument 43-101.

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-per-cent interest in 12,545 hectares (31,000 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-per-cent interest in the PCH ionic adsorption clay project which is 17,551.07 ha. in size and located within the Goias state of Brazil (see June 9, 2023, press release).

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