Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a Canadian company in the rare earth element and uranium sectors, is reporting on the outstanding assay results from the latest 39 drill holes during its reverse circulation (“RC”) drilling campaign at the PCH Ionic Clay Project in Goiás State, Brazil. The 39 holes are part of a comprehensive 147-hole drilling program. According to the report, the total weighted average across 57 RC drill holes reported to date is 2,287 parts per million (“PPM”) or 0.23% total rare earth oxides (“TREO”) with the project continuing to exhibit impressive distribution, width and grades, underscoring its significant potential. The report indicated that the highest-grade intercepts were PCH-RC-051 from 0 to 11 meters End of Hole (“EOH”) and PCH-RC-063 from 0 to 24 meters EOH. Company officials noted that Appia has doubled the average depth of the mineralized zones to more than 13 meters, with a total weighted average of 2,287 PPM TREO across all reported drill holes each with significant magnet elements present; the report noted that the potential of Target IV in terms of distribution, grade and thickness of mineralization is well beyond Appia’s initial expectations. “It is very encouraging for Appia to see more high-grade results occurring within the Target IV area,” said Appia Rare Earths & Uranium CEO Tom Drivas in the press release. “Appia will be working with SGS Geological Services to complete a comprehensive NI 43-101 technical report and Mineral Resource Estimate (‘MRE’) on Target IV over the coming months, capitalizing on the promising results we are getting from our recent drilling.”
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About Appia Rare Earths & Uranium Corp.
Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as 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 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The company also has a 100% interest in 12,545 hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Lastly, the company holds the right to acquire up to a 70% interest in the PCH Project, which is 17,551.07 hectares in size and located within the Goiás state of Brazil. For more information about the company, please visit www.AppiaREU.com.
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