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.
News and updates for Appia Rare Earths & Uranium Corp. (OTCQB: APAAF) focus on the company’s exploration activities and corporate developments in the rare earth element and uranium sectors. Appia’s releases highlight work on its Brazilian and Canadian projects, as well as financing and partnership arrangements that support these programs.
Investors following APAAF news can read about Appia’s involvement in the Ultra Hardrock and Ultra IAC Projects in Goiás, Brazil, where Ultra Rare Earth Inc. is the operator and is carrying out diamond drilling on a carbonatite target and auger drilling on an ionic adsorption clay rare earth target. Updates describe drilling progress, target naming, and the extent of mineralized zones being tested.
Appia’s news flow also covers its Canadian projects. The company issues releases on exploration plans and permits for the Otherside uranium property in Saskatchewan’s Athabasca Basin, including details of multi-year exploration permits and planned geophysical and drilling programs. Additional news outlines planned and ongoing work at the Alces Lake rare earth property, where Appia discusses airborne gravity gradiometer surveys, Mobile Metal Ion soil sampling, and ground gravity surveys to refine REE drill targets.
Corporate news items include information on private placements, warrant exercises, early warning reports, and conference presentations, such as Appia’s participation in the John Tumazos Very Independent Research Virtual Conference. Readers can also find announcements about management appointments and commentary from company leadership on its multi-project exploration strategy. This news page brings together these disclosures so that followers of APAAF can review Appia’s reported progress across its rare earth and uranium portfolio.
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 Corp has secured an additional mining claim of 1,969.06 hectares on the Eastern border of its PCH project through a public bidding process with the Brazilian National Mining Agency. This acquisition increases the total project area to 42,932.24 hectares. The new claim expands the potential rare earth mineralization associated with the ionic adsorption clay targets - Taygeta and Merope - which have shown consistent IAC mineralization and strong desorption results for magnet rare earths.
Appia Rare Earths & Uranium has completed its diamond drilling program in the SouthWest Extension Zone of Target IV at its Ionic Adsorption Clay project in Goias, Brazil. The program consisted of three drillholes totaling 450.7 metres, successfully intercepting carbonatitic breccia and highly altered hardrock zones. Previous drilling in the area revealed high-grade clay material with up to 9.3% Total Rare Earth Oxide (TREO) and averaging over 2.7% TREO over 0-24 metres. The company anticipates similar grades in the hardrock mineralization at depth. The preliminary geological interpretation shows Hydrothermalized Carbonatitic Breccia remaining open at depth, with assay results expected in approximately 30 days.
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.
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.
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.
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.
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.
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.
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.
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