Appia Rare Earths & Uranium Announces Significant Geochemical Critical REE Assay Results at Alces Lake Project, Saskatchewan, Canada

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[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - January 15, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the \"Company\" or \"Appia\") is pleased to announce significant initial geochemical assay results derived from the 2023 drilling program conducted on the Magnet Ridge Zone at its Alces Lake Project in Northern Saskatchewan. These promising findings mark a pivotal milestone in the Company's ongoing commitment to advancing exploration and development initiatives within the prolific Athabasca Basin area. The drilling campaign, instrumental in extending mineralization further to the south-southeast (SSE) underscores Appia's dedication to unlocking the full potential of this project. Highlights: Assays of up to 1.57 wt.% (15,700 ppm) Total Rare Earth Oxides (TREO) were returned, with thickness and grades increasing to the south-southeast Highest Grade Intercepts: Hole 23-MR-001: 21.91 m width @ 0.366 wt.% TREO, including 2.67 m @ 0.660 wt.% TREO Hole 23-MR-002: 25.5 m width @ 0.329 wt.% TREO, including 2.11 m @ 0.389 wt.% TREO and 4.68 m @ 0.520 wt.% TREO Hole 23-MR-003: 30.5 m width @ 0.292 wt.% TREO, including 1.00 m @ 0.537 wt.% TREO Hole 23-MR-006: 6.31 m width @ 0.267 wt.% TREO Hole 23-MR-007: 9.29 m width @ 0.384 wt.% TREO, including 0.50 m @ 0.650 wt.% TREO Hole 23-MR-010: 1.80 m width @ 0.246 wt.% TREO Mineralization intervals occur from near surface to < 85 metres depth (Table 1); multiple intervals in 23-MR-002 and 23-MR-003, extending downward in a westerly direction. Future exploration to continue in the west-southwest (WSW); extending downward into current intersections towards the mineralization at Magnet Ridge West (MRW) Commencing on June 11th, 2023, Appia initiated a comprehensive 3456.72-metre helicopter-supported diamond drilling program, concluding all field operations on August 24th. Prioritizing specific areas spanning the entire property, with dimensions of approximately 20 kilometres in length and 5 to 7 kilometres in width, the drill program systematically targeted key zones. The Company has received all assay results stemming from its 2023 summer geochemical exploration initiative. Appia is engaged in the compilation, review, and interpretation of these results across all investigated areas. Updates will be disseminated as both result...

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