STOCK TITAN

Appia Rare Earths & Uranium Corp. - APAAF STOCK NEWS

Welcome to our dedicated page for Appia Rare Earths & Uranium news (Ticker: APAAF), a resource for investors and traders seeking the latest updates and insights on Appia Rare Earths & Uranium stock.

Appia Rare Earths & Uranium Corp. (APAAF) is a Canadian mineral exploration company focused on discovering high-grade uranium and rare earth element deposits in strategic regions including Saskatchewan and Brazil. This page provides investors and stakeholders with timely updates on corporate developments, exploration progress, and regulatory filings.

Access consolidated, verified information about Appia’s activities, including drilling results, partnership announcements, and technical reports. The curated news feed ensures you stay informed on critical updates without navigating multiple sources.

Key coverage of Appia’s exploration programs, such as geophysical surveys in the Athabasca Basin and ionic adsorption clay projects in Goiás, is maintained here. Content spans earnings releases, resource estimates, and operational milestones, all sourced directly from the company and reputable industry publications.

Bookmark this page for streamlined access to Appia’s latest developments. Check back regularly for authoritative updates on uranium and rare earth exploration efforts driving the clean energy transition.

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.52%
Tags
none
-
Rhea-AI Summary

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) has announced the start of an airborne Gravity Gradiometer and Magnetic Survey over its Otherside Property in the Athabasca Basin, Saskatchewan, Canada. The survey, conducted by Xcalibur Smart Mapping using Falcon Airborne Gravity Gradiometer technology, aims to identify key anomalies that may lead to uranium discoveries.

The Otherside Property is located along a 40 km-long corridor with several electromagnetic conductors, sharing similarities with high-grade uranium deposits in the western Athabasca Basin. This survey is a important step in Appia's exploration efforts, providing data to guide future drilling decisions.

Stephen Burega, President of Appia, expressed excitement about the survey, highlighting its potential to identify geophysical signatures that could lead to uranium discoveries. The company plans to use the gathered data to refine its geological model of the Otherside Property and identify priority drill targets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.77%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
Tags
none
Rhea-AI Summary

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) has announced significant uranium and rare earth element (REE) discoveries at its Eastside property in Saskatchewan, Canada. Key findings include:

- Uranium mineralization: Grab samples with U3O8 concentrations up to 2,523.06 ppm (0.25 wt%).
- REE mineralization: A channel sample showing 1.00 meters of TREO at 0.14 wt%.
- 20 additional samples with uranium content between 0.01 wt% and 0.25 wt%.

The Eastside property's strategic location near the uranium-rich Athabasca Basin enhances its potential. Appia plans further exploration to delineate the extent of mineralization and assess the property's development potential.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.27%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.38%
Tags
none
-
Rhea-AI Summary

Appia Rare Earths & Uranium announced initial desorption test results from its Ionic Adsorption Clay (IAC) targets in Goias, Brazil. The results, from 89 samples across 13 auger drillholes, confirmed the REE IAC mineralization style at all targets, showing strong recoveries for both Magnet Rare Earth Oxides (MREO) and Heavy Rare Earth Oxides (HREO).

Highlights include:

  • Up to 82% HREO recovery from 3-4m depths.
  • Significant intervals: PCH-AH-202: 5m@59% TREO; 63% HREO; 85% NdPr; 72% TbDy from 3m.
  • Enhanced Dy and Tb recovery values, essential for the permanent magnet industry.

Company President Stephen Burega emphasized the high grades and the project's potential in meeting the industry’s demand for rare earths. The project, hosted in easy-to-dig clays with a diversity of metals, continues to show promising desorption kinetics.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) has announced a CFO transition. Frank van de Water, the current CFO, will be retiring from his role on August 1st, 2024, but will remain an active member of the Board of Directors. Brian Crawford, a former partner with BDO Canada LLP and co-founder of several public companies, will assume the role of CFO, subject to regulatory approval.

Stephen Burega, President of Appia, expressed gratitude for Frank's executive leadership and contributions since joining the management team in January 2016 and as a board member since March 2013. Brian Crawford brings extensive experience as a financial executive, having served as CFO and Director for multiple public companies listed on the TSXV and CSE.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
none
-
Rhea-AI Summary

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) has completed its drilling program at the Loranger property in Saskatchewan, Canada. The company drilled 714 meters and sent 42 samples to the Saskatchewan Research Council for analysis. Key findings include:

1. Intersection of radioactive (Uranium-Thorium)-REE pegmatites with visible monazite and potential uraninite.
2. Graphitic EM conductors with scintillometer readings up to 1,500 counts per second.
3. Visible monazite in drill hole #3, indicating potential for significant rare earth element mineralization.

The company expects to receive assay results within 6-8 weeks. Appia's President, Stephen Burega, expressed optimism about the findings, which validate their exploration models and highlight the property's potential for both uranium and rare earth elements.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.64%
Tags
none
-
Rhea-AI Summary

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) announced excellent desorption test results for rare earth elements (REE) from the Target IV Ionic Adsorption Clay deposit at the PCH project in Goias, Brazil. Key highlights include:

- Recoveries up to 47.72% TREO, 67.18% HREO, 58.85% Dy+Tb, and 81.67% Nd+Pr from various drillholes

- Significant recovered desorption intercepts, such as 8m@32.92% TREO from PCH-RC-034

- High correlation between ALS and AGS Laboratories results

The company plans ongoing auger drilling and desorption testing on 4 newly identified targets, as well as developing a Preliminary Economic Assessment (PEA) of Target IV and the Buriti Zones.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.54%
Tags
none
Rhea-AI Summary

Appia Rare Earths & Uranium Corp. announced the extension of a non-binding memorandum of understanding (MOU) with 15997356 Canada Inc. to option up to 100% working interest in the Elliot Lake Uranium Project. Originally announced on May 15, 2024, the agreement's financing commitment deadline has been extended to August 9, 2024. All original terms remain unchanged, except Appia can now solicit and engage with new or previous interested parties for other potential deal structures. Appia retains the right to terminate the transaction by notifying the purchaser in writing.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.88%
Tags
none
Appia Rare Earths & Uranium Corp.

OTC:APAAF

APAAF Rankings

APAAF Stock Data

11.83M
117.34M
Uranium
Energy
Link
Canada
Toronto