Welcome to our dedicated page for APPIA RARE EARTHS URANIN news (Ticker: APAAF), a resource for investors and traders seeking the latest updates and insights on APPIA RARE EARTHS URANIN stock.
Appia Rare Earths & Uranium Corp. reports developments in rare earth element and uranium exploration through project updates, drilling programs, assay results, and geophysical targeting. The company's news centers on the Alces Lake Rare Earth Elements Property and Otherside Uranium Properties in Saskatchewan, the Elliot Lake Uranium and Rare Earths Project in Ontario, and its 25% interest in the ULTRA Hard Rock and ULTRA IAC rare earth projects in Goiás, Brazil.
Recurring disclosures include diamond drilling and auger drilling results, total rare earth oxide and magnet rare earth oxide assays, exploration planning, conference presentations, management appointments, and capital actions such as warrant exercises. Updates also describe operator activity, target renaming, and technical work across carbonatite and ionic adsorption clay rare earth targets.
Appia Rare Earths & Uranium Corp (APAAF) has announced exceptional results from its diamond drilling program at the PCH project in Goias, Brazil. The program revealed significant Total Rare Earth Oxide (TREO), Niobium Oxide, and Phosphate Oxide concentrations in three drillholes from a brecciated carbonatite intrusion.
Key findings include:
- PCH-DDH-002: 150m@1.14% TREO from surface
- PCH-DDH-003: 147.7m@1.69% TREO from surface
- PCH-DDH-004: 153m@1.08% TREO from surface
All three drillholes ended in mineralization, suggesting potential for extension. The discovery indicates the presence of high-grade carbonatitic style rare earths in addition to Ionic Adsorption Clay deposits. The project benefits from favorable location with easy access to road and power infrastructure.
Appia Rare Earths & Uranium Corp. (CSE: API) has announced a non-brokered private placement offering of up to 4,166,666 flow-through units at $0.12 per unit, aiming to raise up to $500,000. Each unit includes one flow-through common share and one warrant, with warrants exercisable at $0.15 for one year. The offering is scheduled to close on December 31, 2024.
Eligible finders will receive a 6% cash commission and broker warrants equal to 6% of placed units. The proceeds will be used for Canadian Exploration Expenses qualifying as flow-through critical mineral mining expenditures on the company's Saskatchewan properties. These expenses will be eligible for the critical mineral exploration tax credit.
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.