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Appia Mobilizes for Drilling Campaign to Test Promising Drill Targets Obtained from Recently Completed Airborne Gravity Gradiometer Survey over Alces Lake Project, Saskatchewan

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Appia Rare Earths & Uranium (APAAF) has announced significant results from their recently completed Falcon Airborne Gravity Gradiometer (AGG) survey at the Alces Lake property in northern Saskatchewan. The survey, covering 1,053-line kilometers with 100-meter spacing, has identified multiple promising drill targets below surface.

The survey focused on the Alces Lake regional fold and northern portion of the NW-SE regional shear zone, revealing targets with similar characteristics to the high-grade WRCB zone at depths between 200 to 1,000 meters. These areas are known to host significant rare earths (REE) and gallium occurrences at surface.

The company is now preparing to initiate a diamond drilling program to explore these targets, with operations scheduled to begin in the coming weeks. This strategic move aims to delineate potential sources at depth for the high-grade REE and gallium occurrences commonly found at surface.

Appia Rare Earths & Uranium (APAAF) ha annunciato risultati significativi dal recente sondaggio con gravimetro aereo Falcon (AGG) presso la proprietà di Alces Lake, nel Saskatchewan settentrionale. Il sondaggio, che ha coperto 1.053 chilometri lineari con spaziatura di 100 metri, ha identificato molteplici promettenti obiettivi di perforazione sotto la superficie.

Il sondaggio si è concentrato sulla piega regionale di Alces Lake e sulla parte settentrionale della zona di taglio regionale NW-SE, rivelando obiettivi con caratteristiche simili alla zona WRCB ad alta gradazione a profondità comprese tra 200 e 1.000 metri. Queste aree sono note per ospitare significative occorrenze di terre rare (REE) e gallio in superficie.

L'azienda si sta ora preparando per avviare un programma di perforazione con diamante per esplorare questi obiettivi, con operazioni programmate per iniziare nelle prossime settimane. Questa mossa strategica mira a delineare potenziali fonti in profondità per le occorrenze di REE ad alta gradazione e gallio comunemente trovate in superficie.

Appia Rare Earths & Uranium (APAAF) ha anunciado resultados significativos de su reciente estudio de gravedad aérea Falcon (AGG) en la propiedad de Alces Lake, en el norte de Saskatchewan. El estudio, que cubrió 1,053 kilómetros lineales con una separación de 100 metros, ha identificado múltiples objetivos de perforación prometedores por debajo de la superficie.

El estudio se centró en el pliegue regional de Alces Lake y en la porción norte de la zona regional de cizalla NW-SE, revelando objetivos con características similares a la zona WRCB de alta ley a profundidades de entre 200 y 1,000 metros. Estas áreas son conocidas por albergar significativas ocurrencias de tierras raras (REE) y galio en la superficie.

La empresa se está preparando ahora para iniciar un programa de perforación diamantina para explorar estos objetivos, con operaciones programadas para comenzar en las próximas semanas. Este movimiento estratégico tiene como objetivo delinear fuentes potenciales en profundidad para las ocurrencias de REE de alta ley y galio que comúnmente se encuentran en la superficie.

Appia Rare Earths & Uranium (APAAF)는 북부 사스캐처원에 있는 알체스 호수 속성에서 최근 완료된 팔콘 공중 중력 그라디오미터(AGG) 조사의 유의미한 결과를 발표했습니다. 이 조사는 100미터 간격으로 1,053km의 선을 포함하여, 표면 아래에 여러 잠재적인 드릴 타겟을 확인했습니다.

조사는 알체스 호수 지역의 접힘과 NW-SE 지역 전단대의 북부 부분에 집중되어, 200에서 1,000미터 깊이에 있는 고품위 WRCB 구역과 유사한 특성을 가진 타겟을 드러냈습니다. 이 지역은 표면에서 중요한 희토류(REE)와 갈륨 발생이 있는 것으로 알려져 있습니다.

회사는 이제 이러한 타겟을 탐사하기 위한 다이아몬드 드릴링 프로그램을 시작할 준비를 하고 있으며, 곧 몇 주 내에 작업이 시작될 예정입니다. 이 전략적 조치는 일반적으로 표면에서 발견되는 고급 REE와 갈륨 발생을 위한 잠재적 깊이 자원을 구획화하는 것을 목표로 하고 있습니다.

Appia Rare Earths & Uranium (APAAF) a annoncé des résultats significatifs de son récent sondage gravimétrique aérien Falcon (AGG) sur la propriété d'Alces Lake dans le nord de la Saskatchewan. Le sondage, couvrant 1 053 kilomètres linéaires avec un espacement de 100 mètres, a identifié plusieurs cibles de forage prometteuses en dessous de la surface.

Le sondage s'est concentré sur le pli régional d'Alces Lake et la partie nord de la zone de cisaillement régionale NW-SE, révélant des cibles avec des caractéristiques similaires à la zone WRCB de haute teneur à des profondeurs allant de 200 à 1 000 mètres. Ces zones sont connues pour abriter d'importantes occurrences de terres rares (REE) et de gallium à la surface.

L'entreprise se prépare maintenant à lancer un programme de forage au diamant pour explorer ces cibles, les opérations devant commencer dans les semaines à venir. Ce mouvement stratégique vise à délimiter des sources potentielles en profondeur pour les occurrences de REE de haute qualité et de gallium que l'on trouve généralement en surface.

Appia Rare Earths & Uranium (APAAF) hat bedeutende Ergebnisse aus der kürzlich abgeschlossenen Falcon Airborne Gravity Gradiometer (AGG) Untersuchung im Alces Lake Gebiet im nördlichen Saskatchewan bekanntgegeben. Die Untersuchung, die 1.053 Linienkilometer mit 100 Metern Abstand abdeckte, hat mehrere vielversprechende Bohrziele unter der Oberfläche identifiziert.

Die Untersuchung konzentrierte sich auf die regionale Faltung von Alces Lake und den nördlichen Teil der NW-SE regionalen Scherzone, wobei Ziele mit ähnlichen Merkmalen wie die hochgradige WRCB-Zone in Tiefen zwischen 200 und 1.000 Metern aufgedeckt wurden. Diese Bereiche sind bekannt dafür, signifikante Vorkommen von Seltenen Erden (REE) und Gallium an der Oberfläche zu beherbergen.

Das Unternehmen bereitet jetzt den Start eines Diamantbohrprogramms vor, um diese Ziele zu erkunden, wobei die Arbeiten in den kommenden Wochen beginnen sollen. Dieser strategische Schritt zielt darauf ab, potenzielle Quellen in der Tiefe für die in der Regel an der Oberfläche gefundenen hochgradigen REE und Galliumvorkommen abzustecken.

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Toronto, Ontario--(Newsfile Corp. - December 5, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce the receipt of highly encouraging results from the recently completed Falcon Airborne Gravity Gradiometer (AGG) survey at its Alces Lake property in northern Saskatchewan. The survey has successfully identified several promising drill targets below surface that exhibit geophysical characteristics similar to the prolific WRCB Zone and other high-grade rare earths (REE) and gallium surface showings on the property.

Conducted by Xcalibur Multiphysics, the Falcon AGG Survey spanned over 1,053-line kilometers with 100-meter line spacing, focusing primarily on the Alces Lake regional fold and the northern portion of the property's NW-SE regional shear zone. These areas host several significant REE and gallium occurrences at surface, including the high-grade WRCB zone. The survey has provided critical, high-resolution subsurface imaging, revealing multiple new targets with similar characteristics to known mineralized zones at depths ranging from 200 to 1,000 meters.

Stephen Burega, President of Appia, commented: "The results from the AGG survey are significant and highlight several high-potential targets that align closely with our geological models and previous discoveries at Alces Lake. We are now preparing to initiate a follow-up diamond drilling program to explore these targets at depth, with the first drilling operation set to commence in the coming weeks."

He continued: "This strategic move into diamond drilling marks a significant progression in Appia's exploration efforts at Alces Lake, aiming to delineate a source at depth for the high-grade REE and gallium occurrences that are commonly discovered at surface. Appia is confident that this next phase of exploration will provide valuable insights into the potential for new discoveries and the expansion of the project's known mineral resources."

The technical content of this news release has been reviewed and approved by André L. Costa, P.Geo., VP Exploration and a Qualified Person as defined by National Instrument 43-101.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/5416/232560_f6d9d569747af91e_001.jpg

Figure 1 - Proposed Drill Targets for the Alces Lake Winter Program, 2024

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/232560_f6d9d569747af91e_001full.jpg

About Appia Rare Earths & Uranium Corp.

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 70% interest in the PCH Ionic Adsorption Clay Project (See June 9th, 2023 Press Release - Click HERE) which is 42,932.24 ha. in size and located within the Goiás State of Brazil. (See January 11th, 2024 Press Release - Click HERE) The Company is also focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, and 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 94,982.39 hectares (234,706.59 acres) in Saskatchewan. The Company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario.

Appia has 149.4 million common shares outstanding, 170.8 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
(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/232560

FAQ

What did Appia's (APAAF) recent AGG survey at Alces Lake reveal?

The AGG survey revealed multiple promising drill targets with characteristics similar to the WRCB Zone, showing potential REE and gallium mineralization at depths between 200 to 1,000 meters.

What is the scope of Appia's (APAAF) 2024 AGG survey at Alces Lake?

The survey covered 1,053-line kilometers with 100-meter line spacing, focusing on the Alces Lake regional fold and the northern portion of the property's NW-SE regional shear zone.

When will Appia (APAAF) begin drilling at the Alces Lake property?

According to the announcement, Appia plans to commence diamond drilling operations in the coming weeks to explore the newly identified targets.

What minerals is Appia (APAAF) targeting at the Alces Lake property?

Appia is targeting rare earth elements (REE) and gallium mineralization at the Alces Lake property.

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