Appia Begins Diamond Drilling to Delineate Potential Highgrade Mineralization at PCH Target IV in Goias, Brazil
Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) has initiated a diamond drilling program in Target IV's southwest corner. The program aims to identify and delineate high-grade Rare Earth Elements (REE) at depth, following previous discoveries showing 9.28% TREO across 2 metres. The current program includes up to 450 meters of drilling across three 150-metre drillholes, with an expected completion timeline of approximately 25 days. This follows the company's maiden Mineral Resource Estimate on Target IV and the Buriti Zone announced on March 1st, 2024.
Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) ha avviato un programma di perforazione al diamante nell'angolo sud-ovest di Target IV. Il programma mira a identificare e delimitare elementi delle Terre Rare (REE) di alta qualità in profondità, dopo le scoperte precedenti che mostrano 9,28% TREO su 2 metri. Il programma attuale include fino a 450 metri di perforazione in tre fori di perforazione di 150 metri ciascuno, con un termine previsto di completamento di circa 25 giorni. Questo segue la prima stima di risorse minerarie dell'azienda su Target IV e la zona di Buriti annunciata il 1° marzo 2024.
Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) ha iniciado un programa de perforación con diamante en la esquina suroeste del Objetivo IV. El programa tiene como objetivo identificar y delimitar elementos de tierras raras (REE) de alta calidad a profundidad, tras los descubrimientos previos que mostraron 9.28% TREO en 2 metros. El programa actual incluye hasta 450 metros de perforación a través de tres perforaciones de 150 metros, con un tiempo de finalización previsto de aproximadamente 25 días. Esto sigue a la primera estimación de recursos minerales de la empresa sobre el Objetivo IV y la Zona Buriti anunciada el 1 de marzo de 2024.
Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF)는 Target IV의 남서쪽 모서리에서 다이아몬드 시추 프로그램을 시작했습니다. 이 프로그램은 낮은 깊이에 있는 고급 희토류 원소(REE)를 식별하고 구분하는 것을 목표로 하며, 이전 발견에서 2미터당 9.28% TREO를 보여주었습니다. 현재 프로그램은 450미터에 걸쳐 150미터짜리 3개의 시추공을 포함하며, 예상 완료 기간은 약 25일입니다. 이는 2024년 3월 1일에 발표된 Target IV 및 Buriti 구역에 대한 회사의 첫 번째 광물 자원 추정과 관련이 있습니다.
Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) a lancé un programme de forage au diamant dans le coin sud-ouest de la Cible IV. Le programme vise à identifier et délimiter des éléments des terres rares (REE) de haute qualité en profondeur, suite aux découvertes précédentes montrant 9,28% TREO sur 2 mètres. Le programme actuel comprend jusqu'à 450 mètres de forage à travers trois forages de 150 mètres, avec un délai d'achèvement prévu d'environ 25 jours. Cela fait suite à la première estimation des ressources minérales de l'entreprise concernant la Cible IV et la Zone Buriti annoncée le 1er mars 2024.
Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) hat ein Diamantbohrprogramm in der Südwest-Ecke von Target IV initiiert. Das Programm zielt darauf ab, hochgradige Seltene Erden (REE) in der Tiefe zu identifizieren und abzugrenzen, nach vorherigen Entdeckungen, die 9,28% TREO über 2 Meter zeigten. Das aktuelle Programm umfasst bis zu 450 Meter Bohrungen durch drei Bohrlöcher mit je 150 Metern, wobei ein Abschlusszeitraum von etwa 25 Tagen erwartet wird. Dies folgt auf die erste Mineralressourcenschätzung des Unternehmens für Target IV und die Buriti-Zone, die am 1. März 2024 angekündigt wurde.
- Previous drilling revealed significant high-grade mineralization of 9.28% TREO across 2 metres
- Company completed maiden Mineral Resource Estimate for Target IV and Buriti Zone
- Previous drilling efforts were due to high ground water levels
Toronto, Ontario--(Newsfile Corp. - October 23, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is excited to announce the commencement of its diamond drilling program in the southwest corner of Target IV. The goal of this program is to identify and delineate a possible Rare Earth Elements (REE) highgrade area at depth, identified by previous Reverse Circulation (RC) drilling (See January 16th 2024 Press Release), associated with a carbonatitic breccia intrusion or dike.
Figure 1 - Diamond Drillhole PCH-DDH-002 on Target IV highgrade area. Click here for short video of project area.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/227508_63585e5c8419aafa_001full.jpg
Stephen Burega, President, stated, "We have been eager to get a drill back to the highgrade mineralized area found in the Southwest of Target IV since the discovery was first made at the beginning of 2024. This extraodianary mineralization included 92,758 ppm or
The program will include up to 450 meters of drilling in three 150 metres drillholes and is expected to be completed within a +/-25-day timeline (See Map 1).
Map 1 - Location of PCH-DDH-002 (in progress) and programed location of PCH-DDH-003 and PCH-DDH-004 drillholes.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/227508_63585e5c8419aafa_002full.jpg
On March 1st, 2024, the Company announced its maiden Mineral Resource Estimate (MRE) on Target IV and the Buriti Zone (Click here for the Press Release), and the companion NI 43-101 technical report on the PCH Project was filed on April 16th, 2024. (Click here for the Press Release).
The technical information in this news release, including the information related to geology, drilling and mineralization, has been reviewed and approved by Andre L. L. Costa, Appia's VP Exploration for Brazil, with more than 29 years of relevant experience. Mr. Costa is a APEGS Professional Geoscientist (P.Geo.), a Fellow of the Australian Institute of Geoscientists (FAIG) and a Qualified Person (QP) as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
About Appia Rare Earths & Uranium Corp. (Appia)
Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company holds the right to acquire up to a
Appia has 136.8 million common shares outstanding, 145.5 million shares fully diluted.
Cautionary note regarding forward-looking statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements.
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Contact:
Tom Drivas, CEO and Director
(c) (416) 876-3957
(e) tdrivas@appiareu.com
Stephen Burega, President
(c) (647) 515-3734
(e) sburega@appiareu.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227508
FAQ
What is the scope of Appia's (APAAF) new diamond drilling program at Target IV?
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When did Appia (APAAF) announce its maiden Mineral Resource Estimate for Target IV?
