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Appia Unveils Promising Drill Targets at Otherside Property, Mirroring Geophysical Traits of NexGen's "Arrow" and Paladin Energy's "Triple R" Deposits, Athabasca Basin, Saskatchewan, Canada

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Appia Rare Earths & Uranium Corp. (APAAF) has identified multiple high-priority drill targets at its Otherside property in the Athabasca Basin, Saskatchewan, following an Airborne Gravity Gradiometer and Magnetometer Survey. The targets show geophysical signatures similar to NexGen Energy's 'Arrow' and Paladin Energy's 'Triple R' high-grade uranium deposits.

Key findings include promising geophysical anomalies associated with gravity lows, magnetic lows, and a 49 km-long electromagnetic conductor with variable offsets and bends, which are important indicators for potential uranium mineralization. The company's 2025 exploration program will include advanced 3D processing and potential ground geophysical surveys to refine drill target locations.

The exploration will be conducted in collaboration with the Fond du Lac First Nations for local accommodations and crew staffing. The property's structural complexities, including shear zones, faults, and reactivations, are considered essential features for uranium deposition.

Appia Rare Earths & Uranium Corp. (APAAF) ha identificato molteplici obiettivi di perforazione ad alta priorità nella sua proprietà Otherside nel bacino di Athabasca, Saskatchewan, a seguito di un'indagine con Gravimetro e Magnetometro Aerospaziali. Gli obiettivi mostrano firme geofisiche simili a quelle dei depositi di uranio ad alto grado 'Arrow' di NexGen Energy e 'Triple R' di Paladin Energy.

I principali risultati includono promettenti anomalie geofisiche associate a bassi di gravità, bassi magnetici e un conduttore elettromagnetico lungo 49 km con offset e curve variabili, che sono indicatori importanti per una potenziale mineralizzazione di uranio. Il programma di esplorazione dell'azienda per il 2025 includerà elaborazioni avanzate in 3D e potenziali indagini geofisiche a terra per affinare le posizioni degli obiettivi di perforazione.

L'esplorazione sarà condotta in collaborazione con le Prime Nazioni Fond du Lac per alloggi locali e personale. Le complessità strutturali della proprietà, comprese le zone di taglio, le faglie e le riattivazioni, sono considerate caratteristiche essenziali per la deposizione dell'uranio.

Appia Rare Earths & Uranium Corp. (APAAF) ha identificado múltiples objetivos de perforación de alta prioridad en su propiedad Otherside en la cuenca de Athabasca, Saskatchewan, tras una encuesta de gravimetría y magnetometría aérea. Los objetivos muestran firmas geofísicas similares a los depósitos de uranio de alta ley 'Arrow' de NexGen Energy y 'Triple R' de Paladin Energy.

Los hallazgos clave incluyen anomalías geofísicas prometedoras asociadas con bajas de gravedad, bajas magnéticas y un conductor electromagnético de 49 km de largo con desplazamientos y curvas variables, que son indicadores importantes para la posible mineralización de uranio. El programa de exploración de la empresa para 2025 incluirá procesamiento avanzado en 3D y posibles encuestas geofísicas en el terreno para refinar las ubicaciones de los objetivos de perforación.

La exploración se llevará a cabo en colaboración con las Primeras Naciones Fond du Lac para alojamiento local y personal. Las complejidades estructurales de la propiedad, incluidas las zonas de corte, las fallas y las reactivaciones, se consideran características esenciales para la deposición de uranio.

Appia Rare Earths & Uranium Corp. (APAAF)는 애사바스카 분지, 사스카처원에 위치한 Otherside 소유지에서 항공 중력 그라디오미터 및 자기계 조사를 통해 여러 고우선 순위 시추 목표를 확인했습니다. 이 목표들은 NexGen Energy의 'Arrow'와 Paladin Energy의 'Triple R' 고농도 우라늄 매장지와 유사한 지구물리학적 신호를 보여줍니다.

주요 발견 사항으로는 중력 저점, 자기 저점과 관련된 유망한 지구물리학적 이상현상과 49km 길이의 전자기 전도체가 포함되어 있으며, 이는 잠재적인 우라늄 광물화를 위한 중요 지표입니다. 회사의 2025 탐사 프로그램에는 고급 3D 처리와 시추 목표 위치를 정밀화하기 위한 지상 지구물리학적 조사 가능성이 포함될 것입니다.

탐사는 지역 숙소 및 인력 배치를 위해 Fond du Lac 원주민과 협력하여 진행됩니다. 소유지의 구조적 복잡성은 전단대, 단층 및 재활성화를 포함하며, 이는 우라늄 침착을 위한 필수 요소로 간주됩니다.

Appia Rare Earths & Uranium Corp. (APAAF) a identifié plusieurs cibles de forage prioritaires sur sa propriété Otherside dans le bassin d'Athabasca, Saskatchewan, suite à une enquête par gravimétrie aérienne et magnétométrie. Les cibles présentent des signatures géophysiques similaires à celles des dépôts d'uranium de haute qualité 'Arrow' de NexGen Energy et 'Triple R' de Paladin Energy.

Les principales conclusions incluent des anomalies géophysiques prometteuses associées à des bas de gravité, des bas magnétiques et un conducteur électromagnétique de 49 km de long avec des décalages et des courbures variables, qui sont des indicateurs importants pour une potentielle minéralisation de l'uranium. Le programme d'exploration de l'entreprise pour 2025 comprendra un traitement 3D avancé et des enquêtes géophysiques potentielles au sol pour affiner les emplacements des cibles de forage.

L'exploration sera réalisée en collaboration avec les Premières Nations Fond du Lac pour l'hébergement local et le personnel. Les complexités structurelles de la propriété, y compris les zones de cisaillement, les failles et les réactivations, sont considérées comme des caractéristiques essentielles pour le dépôt d'uranium.

Appia Rare Earths & Uranium Corp. (APAAF) hat mehrere hochpriorisierte Bohrziele auf seinem Otherside-Gelände im Athabasca-Becken, Saskatchewan, identifiziert, nachdem eine Luftgravimetrie- und Magnetometrie-Untersuchung durchgeführt wurde. Die Ziele zeigen geophysikalische Signaturen, die den hochgradigen Uranlagerstätten 'Arrow' von NexGen Energy und 'Triple R' von Paladin Energy ähneln.

Wesentliche Ergebnisse umfassen vielversprechende geophysikalische Anomalien, die mit Schwerkrafttiefs, magnetischen Tiefs und einem 49 km langen elektromagnetischen Leiter mit variablen Versätzen und Biegungen verbunden sind, die wichtige Indikatoren für eine potenzielle Uranmineralisierung darstellen. Das Explorationsprogramm des Unternehmens für 2025 wird fortschrittliche 3D-Verarbeitung und potenzielle geophysikalische Untersuchungen am Boden umfassen, um die Standorte der Bohrziele zu verfeinern.

Die Exploration wird in Zusammenarbeit mit den Fond du Lac First Nations für lokale Unterkünfte und Personal durchgeführt. Die strukturellen Komplexitäten des Geländes, einschließlich Scherstellen, Störungen und Reaktivierungen, werden als wesentliche Merkmale für die Uranablagerung angesehen.

Positive
  • Discovery of multiple high-priority drill targets with signatures matching successful uranium deposits
  • Identification of 49 km-long electromagnetic conductor indicating potential mineralization
  • Strategic location in Athabasca Basin, known for high-grade uranium deposits
  • Comprehensive exploration program planned for 2025 with advanced 3D processing
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - February 14, 2025) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce the identification of multiple high-priority drill targets at its Otherside property in the Athabasca Basin, Saskatchewan (Figure 1) following the conclusion of the recent Airborne Gravity Gradiometer (AGG) and Magnetometer Survey. These targets exhibit geophysical signatures comparable to those of NexGen Energy's "Arrow" (Figure 2) and Paladin Energy's "Triple R" (Figure 3) high-grade uranium deposits, suggesting Otherside's potential for a significant discovery.

Tom Drivas, CEO of Appia, commented, "The encouraging outcomes of our recent survey outline the course for our exploration initiatives at the Otherside Property this year. Our goal is to lead the discovery of high-grade uranium deposits in the less explored north-central regions of the Athabasca Basin, targeting areas that exhibit geophysical signatures similar to those found at NexGen's "Arrow" and Paladin Energy's "Triple R", high-grade uranium deposits."

Highlights

  • High-Priority Drill Targets Identified: The survey revealed multiple targets with geophysical signatures comparable to NexGen's "Arrow" and Paladin Energy's "Triple R" deposits.
  • Promising Geophysical Anomalies: Targets are associated with gravity lows, magnetic lows, and a 49 km-long electromagnetic (EM) conductor with variable offsets and bends — key indicators for potential uranium mineralization.
  • 2025 Exploration Program: Appia's exploration plans include advanced 3D processing and potential ground geophysical surveys to refine drill target locations.
  • Strategic Location: The Otherside property is situated in the Athabasca Basin, home to some of the world's highest-grade uranium deposits.

Detailed Overview

2025 Exploration Plans

Appia's 2025 exploration program will focus on the high-priority targets (Figure 4) identified in the survey. The Company plans to conduct advanced 3D processing and ground geophysical surveys to further refine these targets and maximize the success of a future drilling program. On-site exploration is planned in collaboration with the Fond du Lac First Nations to coordinate local accommodations and crew staffing.

Similarities to NexGen's "Arrow" and Paladin's "Triple R"

The Otherside property shares critical geophysical characteristics with the "Arrow" and "Triple R" deposits, including:

  • A 49 km-long EM conductor with variable offsets and bends.
  • Gravity low and magnetic low anomalies along the conductor's strike length.
  • Structural complexities such as shear zones, faults, and reactivations, which are essential for uranium deposition.

For more information about NexGen Energy Ltd.'s "Arrow" deposit, please "click here".

For more information about Paladin Energy Ltd.'s "Triple R" deposit, please "click here".

Formation of Uranium Deposits in the Athabasca Basin

Unconformity uranium deposits in the Athabasca Basin form when oxidizing fluids circulate, dissolve uranium-bearing minerals/rocks, and later precipitate uranium at the unconformity due to chemical changes caused by the interaction with reduced fluids, gases, or rocks. These deposits are often controlled by reactivated fault systems, which create structural-geochemical traps for uranium mineralization.

Geophysical Tools Guiding Exploration

Appia's exploration strategy utilizes gravity, magnetics, and electromagnetics (EM) to identify uranium mineralization:

  • Gravity and Electromagnetics (EM): Gravity low anomalies indicate less dense, altered minerals, while EM conductors highlight fluid pathways often associated with uranium deposits.
  • Magnetics: Magnetic low anomalies suggest the presence of non-magnetic materials like clay minerals or altered rocks, commonly found in alteration halos around uranium mineralization.

The technical content of 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.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/5416/240894_118064b7c400599e_001.jpg

Figure 1 – Property locations within and around the Athabasca Basin, Saskatchewan, including Appia's "Otherside" and four other exploration properties, NexGen Energy Ltd.'s "Arrow" deposit, and Fission Uranium Corp.'s "Triple R" deposit.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/240894_118064b7c400599e_001full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/5416/240894_118064b7c400599e_002.jpg

Figure 2 – Comparing Appia's unexplored electromagnetic conductor (left, represented as black lines) to NexGen Energy Ltd.'s near-identical, electromagnetic conductor (right, represented as black lines), host to their "Arrow" high-grade uranium deposit. Photo source: "NexGen Energy Ltd. Corporate Presentation – 2016"

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/240894_118064b7c400599e_002full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/5416/240894_118064b7c400599e_003.jpg

Figure 3 – Comparing Fission Uranium Corp.'s electromagnetic conductor (left), host to their "Triple R" high-grade uranium deposit, to Appia's near identical, unexplored electromagnetic conductor (right). Photo source: "Mount, S. et. al. "Formation of the high-grade Triple R uranium deposit revealed by Fe and S isotopes in pyrite". Modified after Fission Uranium Corp, 2021.

To view an enhanced version of this graphic, please visit:
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Cannot view this image? Visit: https://images.newsfilecorp.com/files/5416/240894_118064b7c400599e_004.jpg

Figure 4 – Appia's highlighted drill targets for their 2025 exploration plans. All targets are subject to change upon further refinement and program progression.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/240894_118064b7c400599e_004full.jpg

About the Otherside Project

The Otherside Project is strategically located within the prolific, uranium-bearing Athabasca Basin of Saskatchewan, Canada. This area is renowned for its significant uranium deposits, its surrounding rare earth element plays, and favorable geological conditions that have historically led to major high-grade uranium discoveries.

The Otherside Property shares similar geological and geophysical signatures to known high-grade, large-tonnage uranium deposits in the western Athabasca Basin, including Fission Uranium Corp's Triple "R" and NexGen Energy's "Arrow" deposits. Such signatures include long structural corridors hosting multiple, discrete conductors with associated magnetic gradients and gravity low areas.

Otherside's property area is 10,441.88 hectares and is 100% owned by Appia.

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 70% interest in the PCH Ionic Adsorption Clay Project (See June 9th, 2023 Press Release – Click HERE) which is 40,963.18 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 153 million common shares outstanding, 177 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/240894

FAQ

What geophysical features did APAAF discover at its Otherside property in February 2025?

APAAF discovered multiple drill targets with gravity lows, magnetic lows, and a 49 km-long electromagnetic conductor with variable offsets and bends, similar to NexGen's Arrow and Paladin's Triple R deposits.

How does APAAF's Otherside property compare to NexGen's Arrow deposit?

The Otherside property shows similar geophysical signatures to Arrow, including electromagnetic conductors, gravity lows, and magnetic low anomalies along the conductor's strike length.

What are APAAF's exploration plans for Otherside in 2025?

APAAF plans to conduct advanced 3D processing and ground geophysical surveys to refine drill targets, working with Fond du Lac First Nations for local accommodations and crew staffing.

What makes APAAF's Otherside property potentially valuable for uranium exploration?

The property features structural complexities like shear zones, faults, and reactivations, along with geophysical signatures matching successful high-grade uranium deposits in the Athabasca Basin.

Appia Rare Earths & Uranium Corp.

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