Appia Confirms Discovery of Uranium and Rare Earth Element Mineralization in Exploratory Drill Holes at the Loranger Project, Saskatchewan, Canada
Appia Rare Earths & Uranium Corp. has confirmed the discovery of uranium (U) and rare earth element (REE) mineralization at the Loranger Project in Saskatchewan, Canada. The exploratory drill tests at the southern limits of the property intersected significant mineralization in three targets, with results analyzed by the Saskatchewan Research Council Laboratories. Highlights include:
- Uranium Mineralization: Drill Core 24-LOR-003 showed 0.10 m of 409.11 ppm U3O8 from 171.31 m to 171.41 m.
- REE Mineralization: Drill Core 24-LOR-003 revealed 0.18 m of 0.56 wt.% TREO from 154.02 m to 154.10 m, including 0.10 m of 0.80 wt.% TREO, and 0.10 m of 0.36 wt.% TREO from 171.31 m to 171.41 m.
These findings validate Appia's geological hypotheses and enhance the potential for further discoveries. The Loranger property's strategic location near the Athabasca Basin, known for its uranium deposits, underscores its significance. Appia plans to conduct follow-up drilling to explore these promising targets further.
Appia Rare Earths & Uranium Corp. ha confermato la scoperta di mineralizzazione di uranio (U) e di elementi delle terre rare (REE) nel Progetto Loranger in Saskatchewan, Canada. I test di perforazione esplorativa ai limiti meridionali della proprietà hanno intersecato una significativa mineralizzazione in tre obiettivi, con risultati analizzati dai Laboratori del Saskatchewan Research Council. I punti salienti includono:
- Mineralizzazione di Uranio: Il campione di perforazione 24-LOR-003 ha mostrato 0,10 m di 409,11 ppm U3O8 da 171,31 m a 171,41 m.
- Mineralizzazione REE: Il campione di perforazione 24-LOR-003 ha rivelato 0,18 m di 0,56 wt.% TREO da 154,02 m a 154,10 m, inclusi 0,10 m di 0,80 wt.% TREO, e 0,10 m di 0,36 wt.% TREO da 171,31 m a 171,41 m.
Questi risultati validano le ipotesi geologiche di Appia e aumentano il potenziale per ulteriori scoperte. La posizione strategica della proprietà Loranger, vicino al Bacino di Athabasca, noto per i suoi depositi di uranio, ne sottolinea l'importanza. Appia prevede di effettuare perforazioni di follow-up per esplorare ulteriormente questi obiettivi promettenti.
Appia Rare Earths & Uranium Corp. ha confirmado el descubrimiento de mineralización de uranio (U) y de elementos de tierras raras (REE) en el Proyecto Loranger en Saskatchewan, Canadá. Las pruebas de perforación exploratoria en los límites sur de la propiedad intersectaron una mineralización significativa en tres objetivos, con resultados analizados por los Laboratorios del Saskatchewan Research Council. Los aspectos destacados incluyen:
- Mineralización de Uranio: El núcleo de perforación 24-LOR-003 mostró 0.10 m de 409.11 ppm U3O8 de 171.31 m a 171.41 m.
- Mineralización de REE: El núcleo de perforación 24-LOR-003 reveló 0.18 m de 0.56 wt.% TREO de 154.02 m a 154.10 m, incluyendo 0.10 m de 0.80 wt.% TREO, y 0.10 m de 0.36 wt.% TREO de 171.31 m a 171.41 m.
Estos hallazgos validan las hipótesis geológicas de Appia y aumentan el potencial para futuros descubrimientos. La ubicación estratégica de la propiedad Loranger, cerca de la Cuenca de Athabasca, conocida por sus depósitos de uranio, subraya su importancia. Appia planea realizar perforaciones de seguimiento para explorar más a fondo estos objetivos prometedores.
Appia Rare Earths & Uranium Corp.는 캐나다 사스카툰의 로랑저 프로젝트에서 우라늄(U) 및 희토류 원소(REE) 광물화를 발견했다고 확인했습니다. 재산의 남쪽 한계에서 실시된 탐사 드릴 테스트는 세 개의 목표에서 상당한 광물화를 교차했으며, 결과는 사스카툰 연구 위원회 연구소에서 분석되었습니다. 주요 내용은 다음과 같습니다:
- 우라늄 광물화: 드릴 코어 24-LOR-003은 171.31 m에서 171.41 m까지 0.10 m의 409.11 ppm U3O8을 보여주었습니다.
- REE 광물화: 드릴 코어 24-LOR-003은 154.02 m에서 154.10 m까지 0.18 m의 0.56 wt.% TREO를 밝혀냈으며, 이 중 0.10 m는 0.80 wt.% TREO, 0.10 m는 0.36 wt.% TREO입니다.
이 발견은 Appia의 지질학적 가설을 확인하고 추가 발견의 잠재력을 높입니다. 우라늄 매장지로 알려진 아사바스카 분지 근처에 위치한 로랑저 재산의 전략적 위치는 그 중요성을 강조합니다. Appia는 이러한 유망한 목표를 추가로 탐색하기 위해 후속 드릴링을 수행할 계획입니다.
Appia Rare Earths & Uranium Corp. a confirmé la découverte de minéralisation d'uranium (U) et d'éléments de terres rares (REE) dans le Projet Loranger en Saskatchewan, Canada. Les tests de forage exploratoires aux limites sud de la propriété ont intersecté une minéralisation significative sur trois cibles, avec des résultats analysés par les Laboratoires du Saskatchewan Research Council. Les points forts incluent :
- Minéralisation de l'uranium : Le noyau de forage 24-LOR-003 a montré 0,10 m de 409,11 ppm U3O8 de 171,31 m à 171,41 m.
- Minéralisation REE : Le noyau de forage 24-LOR-003 a révélé 0,18 m de 0,56 wt.% TREO de 154,02 m à 154,10 m, y compris 0,10 m de 0,80 wt.% TREO, et 0,10 m de 0,36 wt.% TREO de 171,31 m à 171,41 m.
Ces découvertes valident les hypothèses géologiques d'Appia et renforcent le potentiel de nouvelles découvertes. La location stratégique de la propriété Loranger près du bassin d'Athabasca, connu pour ses dépôts d'uranium, souligne son importance. Appia prévoit de réaliser des forages de suivi pour explorer davantage ces cibles prometteuses.
Appia Rare Earths & Uranium Corp. hat die Entdeckung von Uran (U) und Mineralisierungen seltener Erden (REE) im Loranger-Projekt in Saskatchewan, Kanada, bestätigt. Die explorativen Bohrtests an den südlichen Grenzen des Geländes durchdrangen signifikante Mineralisierungen an drei Zielorten, deren Ergebnisse von den Laboren des Saskatchewan Research Council analysiert wurden. Zu den Highlights gehören:
- Uran-Mineralisierung: Bohrkern 24-LOR-003 zeigte 0,10 m von 409,11 ppm U3O8 von 171,31 m bis 171,41 m.
- REE-Mineralisierung: Bohrkern 24-LOR-003 offenbarte 0,18 m von 0,56 wt.% TREO von 154,02 m bis 154,10 m, einschließlich 0,10 m von 0,80 wt.% TREO und 0,10 m von 0,36 wt.% TREO von 171,31 m bis 171,41 m.
Diese Ergebnisse bestätigen Appias geologische Hypothesen und erhöhen das Potenzial für weitere Entdeckungen. Die strategische Lage der Loranger-Immobilie in der Nähe des Athabasca-Bassins, das für seine Uranlagerstätten bekannt ist, unterstreicht deren Bedeutung. Appia plant, Anschlussbohrungen durchzuführen, um diese vielversprechenden Ziele weiter zu erkunden.
- Confirmed discovery of uranium and rare earth element mineralization.
- Strategic location near the Athabasca Basin, a prolific uranium-producing area.
- Potential for further discoveries validated by current findings.
- None.
Toronto, Ontario--(Newsfile Corp. - September 26, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FWB: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce the confirmation of intersecting uranium (U) and rare earth elements (REE) mineralization while drill testing the potential of three (3) exploratory targets at the southern limits of Appia's Loranger property located south of Wollaston Lake, Saskatchewan. The drill results, analyzed and verified by the Saskatchewan Research Council (SRC) Laboratories in Saskatoon, confirm the Company's early-stage geological hypotheses to locate a set of subsurface, variable length (2.2 to 2.5 km) electromagnetic (EM) conductors (Figure 1) favorable for U and REE mineralization. The success of this drilling program highlights the potential of the Loranger property as a dual-commodity property within Appia's portfolio.
Highlights of the 2024 Assay Results:
- Uranium Mineralization:
- Drill Core 24-LOR-003: 0.10 m of 409.11 ppm (0.04 wt%) U3O8 from 171.31 m to 171.41 m, confirming the presence of uranium alongside rare earth elements within the same 2.2 km electromagnetic conductor / Tabbernor Fault intersection.
- Rare Earth Element (REE) Mineralization:
- Drill Core 24-LOR-003: 0.18 m of 0.56 wt.% TREO from 154.02 m to 154.10 m, including a 0.10 m interval of 0.80 wt.% TREO, confirming the presence of rare earth elements between the northeast trending 2.2 km EM conductor and N-S trending Tabbernor Fault (Figure 1).
- Drill Core 24-LOR-003: 0.10 m of 0.36 wt.% TREO from 171.31 m to 171.41 m.
Additionally, 20 more samples within hole 24-LOR-003 returned REE values greater than 0.10 wt.% TREO, signifying sporadic rare earth element mineralization within this area. Full assay results click here.
Stephen Burega, President of Appia, stated, "We are excited to announce the confirmed discovery of uranium and rare earth elements mineralization in our first exploratory drill holes within the southwestern block of the Loranger property. These results not only confirm our geologic hypotheses but also highlight the potential for further discovery along the set of variable length (2.2 to 2.5 km) EM conductors, giving our team new drill targets for future programs."
Importance of Loranger's Location for Uranium and REE Mineralization:
The Loranger property's location is strategically significant due to its proximity to the prolific uranium-bearing Athabasca Basin (Figure 2). The Athabasca Basin is renowned for its uranium deposits and nearby rare earth element discoveries, positioning itself as a major source of global uranium production. As a result of the Loranger 2024 diamond drilling program, Appia has confirmed both commodities are present on this property, validating the potential for further discoveries within the Company's early-stage geological model.
Next Steps:
Encouraged by the positive results, Appia plans to initiate a follow-up program at Loranger to investigate these findings further and expand its work efforts within the proximate area, specifically southwest along strike of the 2.2 km electromagnetic conductor, and within the proximate conjunction between it and the local Tabbernor Fault. This subsequent work will focus on delineating the extent of both uranium and rare earth element mineralization and evaluating the potential for additional discoveries.
Appia remains committed to transparency and will continue to update shareholders and the public as exploration progresses. We look forward to sharing further developments and enhancing our understanding of the Loranger property's value.
Summary assay tables are presented below. Click here to access the full, detailed geochemical assay results, providing comprehensive information on the highlighted drill hole samples identified during the 2024 Loranger Diamond Drilling Program.
Figure 1 - Drill hole collars, electromagnetic conductors, and Tabbernor Fault System overlaying Electromagnetic Time Constant (dB/dT - EM Tau) Survey.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/224653_b1699d8424bb5ac5_001full.jpg
Figure 2 - Prolific Mines and Exploration Sites - Athabasca Basin, and Peter Lake Domain near Appia's Eastside Property
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Table 1 - Highlighted Drill Hole Composite TREO wt.% and U3O8 wt.% Grades for 24-LOR-003
| Drill Hole ID | From (m) | To (m) | Length (m) | Composite Grade U3O8 (wt.%) | Composite Grade TREO (wt.%) | Including |
| 24-LOR-003 | 154.02 | 154.20 | 0.18 | 0.02 | 0.56 | 0.10. m of 0.80 wt.% TREO |
| 24-LOR-003 | 171.31 | 171.41 | 0.10 | 0.04 | 0.36 | n/a |
Note:
- The REE Thulium (Tm) and Promethium (Pm) are not reported because they are both extremely scarce in nature, and Pm forms as a product of spontaneous fission of U-238.
- TREO = Total Rare Earth Oxides = sum of La2O3 + CeO2 + Pr6O11 + Nd2O3 + Sm2O3 + Eu2O3 + Gd2O3 + Tb4O7 + Dy2O3 + Ho2O3 + Er2O3 + Yb2O3 + Lu2O3 + Y2O3
Table 2 - Drill Collar Coordinates - 2024 Loranger Diamond Drilling Program
| Drill Hole ID | Easting | Northing | Elevation (m) | Azimuth (°) | Dip (°) | EOH (m) |
| 24-LOR-001 | 574947 | 6400472 | 430 | 320 | -55 | 252 |
| 24-LOR-002 | 575667 | 6401504 | 408 | 140 | -60 | 219 |
| 24-LOR-003 | 579625 | 6406313 | 430 | 140 | -70 | 243 |
About the Loranger Project
The Eastside Project is strategically located east of the prolific uranium-bearing Athabasca Basin region of Saskatchewan, Canada. This area is renowned for its significant uranium deposits, surrounding rare earth element plays, and favorable geological conditions that have historically led to high-grade uranium discoveries.
The Loranger Property is situated in close proximity to several known uranium and REE deposits and mineralization trends, notably the Rabbit Lake and Eagle Point deposits. The Loranger project area is 26,409 hectares and is
* Critical rare earth elements/oxides (CREO) are defined here as those that are in short-supply and high-demand for use in permanent magnets that enable modern electronic applications such as electric vehicles and wind turbines. The "magnet alloy" rare earths (CREO) are neodymium (Nd), praseodymium (Pr), dysprosium (Dy) and terbium (Tb).
Drill core was collected using a helicopter-portable diamond drill and samples were cut into split drill core. The location of the sample selection within drill core was determined using handheld scintillometers and spectrometers. All discovered locations within drill core above approximately 250 counts per second (cps) were sampled. A total of 41 split drill core samples were collected during the 2024 drilling program.
Drill core samples were collected at variable lengths lines apart depending on lithological contacts and measurable radioactivity above Appia's cutoff of 250 cps. Sample intervals ranged from 0.01 m to 0.25 m in length.
All lithogeochemical assay results of grab and channel samples were provided by Saskatchewan Research Council's Geoanalytical Laboratory, an ISO/IEC 17025:2005 (CAN-P-4E) certified laboratory in Saskatoon, SK. All analytical results reported herein have passed internal QA/QC review and compilation.
The technical content in this news release was reviewed and approved by Dr. Irvine R. Annesley, P.Geo., Senior Technical Advisor for Appia and a Qualified Person as defined by National Instrument 43-101.
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 136.3 million common shares outstanding, 145 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.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
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Tom Drivas, CEO and Director
(c) (416) 876-3957
(f) (416) 218-9772
(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/224653
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