- Canadian mineral explorer Appia Rare Earths & Uranium is working to develop sources for rare earth elements (“REEs”) vital to modern computer technologies, spanning sites in Canada and Brazil
- The company’s 17,551-hectare (43,369.5 acres, or 67.8 square miles) PCH Ionic Clay Project in Brazil has completed assay work on the initial 17 drill holes in the “Target IV” section of the project, finding REE mineralization in all of them to a depth of 13 meters
- With 147 holes drilled at the Brazilian site, Appia is optimistic that the high-grade values observed near the surface could lead to a mining and refining process that is more environmentally sustainable and economically efficient
- Beyond Brazil, the company is also exploring for REEs in mineral rich areas of Saskatchewan and Ontario, Canada, recently completing an NI43-101 technical report on the Saskatchewan site
- Appia’s exploration is part of a renewed drive in the industry to develop REE supply chains that are not dependent on China’s dominant market presence
Mineral explorer Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) is making significant progress in its Brazilian rare earth reverse circulation (“RC”) drilling campaign, reporting overall weighted average grades of total rare earth oxides (“TREOs”) that are comparable or superior to other well-known international deposits.
In an Oct. 16 news release, the Company stated that it has assayed the first 17 of 147 drill holes that have been completed at its PCH Ionic Clay Project in Goias State, Brazil. 100 percent of the assays confirm rare earth element (“REE”) mineralization, demonstrating outstanding measures of…
NOTE TO INVESTORS: The latest news and updates relating to APAAF are available in the company’s newsroom at https://ibn.fm/APAAF
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