Appia Confirms Discovery of Uranium and Rare Earth Element Mineralization During Exploration Program at the Eastside Project, Saskatchewan, Canada
Appia Rare Earths & Uranium Corp (CSE: API) (OTCQX: APAAF) has announced significant discoveries of uranium and rare earth element (REE) mineralization at its Eastside property in Saskatchewan, Canada. Key highlights include:
1. Uranium mineralization: Grab samples revealed U3O8 concentrations up to 2,523.06 ppm (0.25 wt%).
2. REE mineralization: Channel samples showed TREO (Total Rare Earth Oxide) concentrations up to 0.14 wt%.
3. The Eastside property's strategic location near the uranium-rich Athabasca Basin enhances its potential.
Appia plans to conduct further exploration to delineate the extent of mineralization and assess the potential for additional discoveries. These results validate the company's exploration models and underscore the Eastside property's potential as a valuable asset in Appia's Saskatchewan portfolio.
Appia Rare Earths & Uranium Corp (CSE: API) (OTCQX: APAAF) ha annunciato significative scoperte di mineralizzazione di uranio e elementi delle terre rare (REE) nella sua proprietà Eastside in Saskatchewan, Canada. I punti salienti includono:
1. Mineralizzazione di uranio: i campioni prelevati hanno rivelato concentrazioni di U3O8 fino a 2.523,06 ppm (0,25 wt%).
2. Mineralizzazione di REE: i campioni di canale hanno mostrato concentrazioni di TREO (ossido totale di terre rare) fino a 0,14 wt%.
3. La posizione strategica della proprietà Eastside, vicino al ricco bacino di uranio di Athabasca, ne aumenta il potenziale.
Appia prevede di condurre ulteriori esplorazioni per delineare l'estensione della mineralizzazione e valutare il potenziale per ulteriori scoperte. Questi risultati convalidano i modelli di esplorazione della società e sottolineano il potenziale della proprietà Eastside come un prezioso attivo nel portafoglio di Appia in Saskatchewan.
Appia Rare Earths & Uranium Corp (CSE: API) (OTCQX: APAAF) ha anunciado importantes descubrimientos de mineralización de uranio y elementos de tierras raras (REE) en su propiedad Eastside en Saskatchewan, Canadá. Los aspectos más destacados incluyen:
1. Mineralización de uranio: las muestras recogidas revelaron concentraciones de U3O8 de hasta 2.523,06 ppm (0,25 wt%).
2. Mineralización de REE: las muestras de canal mostraron concentraciones de TREO (Óxido Total de Tierras Raras) de hasta 0,14 wt%.
3. La ubicación estratégica de la propiedad Eastside, cerca de la rica cuenca de uranio de Athabasca, mejora su potencial.
Appia planea realizar más exploraciones para delinear la extensión de la mineralización y evaluar el potencial de descubrimientos adicionales. Estos resultados validan los modelos de exploración de la empresa y subrayan el potencial de la propiedad Eastside como un activo valioso en el portafolio de Appia en Saskatchewan.
Appia 희토류 및 우라늄 공사 (CSE: API) (OTCQX: APAAF)는 캐나다 사스카치완의 Eastside 부지에서 우라늄 및 희토류 원소(REE) 광물화에 대한 중요한 발견을 발표했습니다. 주요 사항은 다음과 같습니다:
1. 우라늄 광물화: 샘플에서 U3O8 농도가 최대 2,523.06 ppm (0.25 wt%)로 나타났습니다.
2. REE 광물화: 채널 샘플에서 TREO (총 희토류 산화물) 농도가 최대 0.14 wt%로 나타났습니다.
3. Eastside 부지의 전략적 위치가 우라늄이 풍부한 아타바스카 분지와 가까워져 잠재력을 더욱 높입니다.
Appia는 광물화의 범위를 delineate하고 추가 발견 가능성을 평가하기 위해 추가 탐사를 실시할 계획입니다. 이러한 결과는 회사의 탐사 모델을 검증하며 Eastside 부지의 잠재력을 Appia의 사스카치완 포트폴리오에서 소중한 자산으로 강조합니다.
Appia Rare Earths & Uranium Corp (CSE: API) (OTCQX: APAAF) a annoncé des découvertes significatives de minéralisation d'uranium et d'éléments des terres rares (REE) sur sa propriété Eastside en Saskatchewan, Canada. Les points clés incluent :
1. Minéralisation d'uranium : des échantillons de surface ont révélé des concentrations d'U3O8 allant jusqu'à 2.523,06 ppm (0,25 wt%).
2. Minéralisation REE : des échantillons de canal ont montré des concentrations de TREO (oxyde total de terres rares) allant jusqu'à 0,14 wt%.
3. La position stratégique de la propriété Eastside, près du bassin d'Athabasca riche en uranium, renforce son potentiel.
Appia prévoit de réaliser d'autres explorations pour délimiter l'étendue de la minéralisation et évaluer le potentiel de découvertes supplémentaires. Ces résultats valident les modèles d'exploration de la société et soulignent le potentiel de la propriété Eastside comme un actif précieux dans le portefeuille d'Appia en Saskatchewan.
Appia Rare Earths & Uranium Corp (CSE: API) (OTCQX: APAAF) hat bedeutende Entdeckungen von Uran- und Seltenen Erden-Elementen (REE) Mineralisierungen in seiner Eastside-Immobilie in Saskatchewan, Kanada, angekündigt. Die wichtigsten Punkte umfassen:
1. Uranmineralisierung: Grabproben zeigten U3O8-Konzentrationen von bis zu 2.523,06 ppm (0,25 wt%).
2. REE-Mineralisierung: Kanalproben zeigten TREO (Total Rare Earth Oxide) Konzentrationen von bis zu 0,14 wt%.
3. Die strategische Lage der Eastside-Immobilie in der Nähe des uranreichen Athabasca-Beckens erhöht ihr Potenzial.
Appia plant, weitere Erkundungen durchzuführen, um das Ausmaß der Mineralisierung zu bestimmen und das Potenzial für zusätzliche Entdeckungen zu bewerten. Diese Ergebnisse bestätigen die Erkundungsmodelle des Unternehmens und heben das Potenzial der Eastside-Immobilie als wertvolle Vermögenswerte im Portefeuille von Appia in Saskatchewan hervor.
- Discovery of uranium mineralization with concentrations up to 2,523.06 ppm (0.25 wt%) U3O8
- Identification of rare earth element (REE) mineralization with TREO concentrations up to 0.14 wt%
- Strategic location of the Eastside property near the prolific uranium-bearing Athabasca Basin
- Confirmation of exploration models and hypotheses
- Plans for expanded investigations and follow-up work to delineate mineralization extent
- None.
Toronto, Ontario--(Newsfile Corp. - September 4, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce the successful discovery of uranium and rare earth element mineralization during the 2024 exploration program at the Eastside property (Figure 1). These promising assay results, analyzed and verified by the Saskatchewan Research Council (SRC) Laboratories in Saskatoon, confirm our exploration models and underscore the significant potential of the Eastside property within Appia's Saskatchewan portfolio.
Highlights of the 2024 Assay Results:
- Uranium Mineralization:
- Grab Sample 181213 (Figure 2): U3O8 = 2,523.06 ppm (0.25 wt%), a uranium-bearing zone discovered between "Prospector's Peninsula" and "Highcount Hilltop".
- Grab Sample 181255 (Figure 3): U3O8 = 673.21 ppm (0.07 wt%), indicating a uranium-bearing zone east of "Highcount Hilltop".
- Grab Sample 181212 (Figure 4): U3O8 = 644.91 ppm (0.06 wt%), also discovered between "Prospector's Peninsula" and "Highcount Hilltop" further indicating uranium.
Additionally, a total of 20 samples collected from the southwestern portion of the Eastside property exhibited rare earth element (REE) mineralization between 0.01 wt% and 0.25 wt%, further confirming the property's uranium potential.
- Rare Earth Element (REE) Mineralization:
- Channel Sample 181244 (Figure 5): 1.00 meters of TREO = 0.14 wt%, located in the "Prospector's Peninsula" zone, demonstrating rare earth element (REE) mineralization.
Stephen Burega, President of Appia, stated, "We are excited about the results of our 2024 exploration program at the Eastside property. The discovery of uranium and rare earth elements mineralization aligns perfectly with our exploration models, hypotheses, and company initiatives. These uranium and REE concentrations highlight the favorable potential of this property as a valuable project in our portfolio."
Importance of Eastside's Location for Uranium Mineralization:
The Eastside property, located in the Peter Lake Domain east of Wollaston Lake, is strategically significant due to its proximity to the prolific uranium-bearing Athabasca Basin (Figure 6). 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. The Peter Lake Domain, part of this prolific region, is characterized by favorable geological conditions conducive to uranium mineralization. The presence of uranium and REE concentrations in Appia's recently collected samples validates the potential of the Eastside property to host numerous uranium and REE showings, further emphasizing the value of this property.
Next Steps:
Given the encouraging results, Appia plans to return to the Eastside property to expand investigations near its uranium showings and other areas of interest identified during this program. This follow-up work will aim to delineate the extent of uranium and rare earth element mineralization and assess the potential for further discoveries of both minerals. The results from the 2024 program confirm that the Eastside property has potential for further development and could evolve into a prominent asset for Appia. The company remains enthusiastic about future exploration opportunities and the potential to enhance its Saskatchewan property portfolio.
Appia remains committed to transparency and will continue to provide updates as they advance their exploration efforts in northern Saskatchewan. Appia will soon share more developments with shareholders and the public as details become available.
Summary assay tables are presented below. Click here to access the full, detailed geochemical assay results, providing comprehensive information on the highlighted channel and grab samples identified during the 2024 Eastside Exploration Program.
Figure 1 - Highlighted assay results locations superimposed on U-radiometric grid
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/222085_2ff80ca1f42609a0_001full.jpg
Figure 2 - Uranium sample 181213 displaying 0.25 wt% U3O8 hosted within massive biotite
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/222085_2ff80ca1f42609a0_002full.jpg
Figure 3 - Uranium sample 181255 displaying 0.07 wt% U3O8 hosted within granodiorite
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/222085_fig2.jpg
Figure 4 - Uranium sample 181212 displaying 0.06 wt% U3O8 hosted within biotite-rich pegmatite
Cannot view this image? Visit:
https://images.newsfilecorp.com/files/5416/222085_fig4a.jpg
Figure 5 - Rare earth element sample 181244 displaying 0.14 wt% TREO hosted within granite
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/222085_2ff80ca1f42609a0_005full.jpg
Figure 6 - Prolific Mines and Exploration Sites (Athabasca Basin, Peter Lake Domain) near Appia's Eastside Property
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/222085_2ff80ca1f42609a0_006full.jpg
Table 1 - U308 (wt%, ppm) Assay Results for the Highlighted Grab Outcrop Samples
2024 Eastside Exploration Program
| Sample # | Easting | Northing | Elevation | Zone | Lithology | U3O8 ppm | U3O8 wt% |
| 181213 | 662319 | 6448962 | 389.0 | Regional | Massive Biotite | 2523.06 | 0.25 |
| 181255 | 664232 | 6448617 | 403.1 | Regional | Granodiorite | 673.21 | 0.07 |
| 181212 | 662311 | 6448949 | 389.9 | Regional | Biotite Pegmatite | 644.91 | 0.06 |
| 181265 | 661750 | 6449528 | 388.5 | Prospector's Peninsula | Pegmatite | 459.81 | 0.05 |
| 181250 | 662321 | 6448964 | 431.1 | Regional | Massive Biotite | 413.83 | 0.04 |
| 181214 | 661664 | 6449263 | 379.1 | Prospector's Peninsula | Granite | 212.22 | 0.02 |
| 181204 | 663403 | 6452326 | 383.4 | Regional | Biotite Pegmatite | 206.33 | 0.02 |
| 181209 | 664631 | 6449197 | 375.6 | Regional | Granite | 119.08 | 0.01 |
| 181257 | 664490 | 6449476 | 403.5 | Regional | Granite | 110.59 | 0.01 |
| 181262 | 661730 | 6449327 | 429.6 | Prospector's Peninsula | Granite | 58.83 | 0.01 |
Table 2 - Composite U3O8% and TREO% Grades for each Channel Line Assayed
Eastside 2024 Exploration Program
| Channel ID | Zone | Total Length (m) | Composite Grade U3O8 (%) | Composite Grade TREO (%) |
| 1 | Prospector's Peninsula | 1.5 | 0.014 | 0.027 |
| 2 | Prospector's Peninsula | 1.6 | 0.002 | 0.025 |
| 3 | Prospector's Peninsula | 4.0 | 0.027 | 0.028 |
| 4 | Prospector's Peninsula | 8.0 | 0.006 | 0.012 |
| 5 | Prospector's Peninsula | 3.5 | 0.017 | 0.036 |
| 6 | Prospector's Peninsula | 3.5 | 0.010 | 0.053 |
| 7 | Highcount Hilltop | 2.5 | 0.012 | 0.022 |
Note:
- The REEs 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 Oxide = sum of La2O3 + CeO2 + Pr6O11 + Nd2O3 + Sm2O3 + Eu2O3 + Gd2O3 + Tb4O7 + Dy2O3 + Ho2O3 + Er2O3 + Yb2O3 + Lu2O3 + Y2O3
Table 3 - Location information regarding each channel sample taken during
the 2024 Eastside Exploration Program
| Channel ID | Zone | Starting Sample # | Easting | Northing | Elevation (m) | Azimuth (degrees) | Length (m) | Total Samples |
| 1 | Prospector's Peninsula | 181219 | 661752 | 6449543 | 383.4 | 270 | 2 | 3 |
| 2 | Prospector's Peninsula | 181222 | 661754 | 6449528 | 385.1 | 274 | 1.6 | 2 |
| 3 | Prospector's Peninsula | 181224 | 661726 | 6449322 | 384.4 | 308 | 4 | 5 |
| 4 | Prospector's Peninsula | 181229 | 661746 | 6449343 | 383.9 | 304 | 8 | 9 |
| 5 | Prospector's Peninsula | 181238 | 661781 | 6449393 | 383.8 | 319 | 3.5 | 4 |
| 6 | Prospector's Peninsula | 181242 | 661796 | 6449421 | 381.9 | 326 | 3 | 4 |
| 7 | Highcount Hilltop | 181246 | 663349 | 6448942 | 375.7 | 151 | 3 | 4 |
About the Eastside Project
The Eastside Project is strategically located in the Peter Lake Domain, east of Wollaston Lake, within 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 Eastside Property is located in northern Saskatchewan east of the Athabasca Basin and is situated in close proximity to several known uranium and REE deposits and mineralization trends. The Eastside project area is 4,933.47 hectares in size 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).
Grab samples were collected using a rock hammer where possible, and sample selection location was determined using handheld scintillometers and spectrometers. The area with the highest scintillometer readings may or may not have been sampled. A total of 34 grab samples were collected during the 2024 exploration program.
Channel samples were collected along channel sample lines spaced at variable distances apart depending on lithological contacts. Sample lines ranged from 1.6 m to 8.00 m in length. A total of 31 samples were diamond saw-cut and collected from 24.60 m of total surface length. Individual sample length intervals ranged from 0.50 m to 1.00 m in length, 2.5 cm wide, and 2.0 to 5.0 cm deep.
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.
For more information, visit www.appiareu.com
As part of our ongoing effort to keep investors, interested parties and stakeholders updated, we have several communication portals. If you have any questions online (X, Facebook, LinkedIn) please feel free to send direct messages.
To book a one-on-one 30-minute Zoom video call, please click here.
Contact:
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/222085
FAQ
What uranium concentrations were found at Appia's Eastside property (APAAF)?
What rare earth element (REE) concentrations were discovered at Appia's Eastside project (APAAF)?
Where is Appia's Eastside property (APAAF) located and why is it significant?
What are Appia's (APAAF) next steps for the Eastside property following the 2024 exploration results?
