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Appia Rare Earths & Uranium Updates on 2023 Diamond Drill Program at Alces Lake Project in Saskatchewan
Toronto, Ontario--(Newsfile Corp. - July 5, 2023) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (the "Company" or "Appia") is please
About this update from Appia Rare Earths & Uranium Corp
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - July 5, 2023) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (the \"Company\" or \"Appia\") is pleased to announce it has completed the first phase of its 2023 drill program at the Magnet Ridge Zone to further test the extent of the mineralization to the south south-east (SSE). \"The identification of the Magnet Ridge Zone following last year's drill program was a major success to further delineate potential mineralization at Alces Lake, and our first drilling priority this year was to track the extent to which this low-to-medium grade zone continues along the structural corridor, and increases in potential grade and thickness,\" stated Stephen Burega, President. \"We have now completed 11 step-out holes from eight collars, and we are seeing continued mineralization at significantly thicker intercepts.\" Highlights: Drilling at the southern extension of Magnet Ridge ended as of June 24, 2023, with 11 drill holes completed for a total of 1,223 metres. Five of the drill holes hit significant mineralization intersections up to 19.00 m core intersection width, with two of these drill holes hitting multiple intersections, similar to nearby drill holes from the 2022 program. (See March 20, 2023 Press Release - Click Here). The mineralization ends abruptly due to a east-northeast cross-structure (i.e., a fault that is interpreted from geophysics/DDH observations to offset the mineralization vertically down dip). The drill has now moved to the newly discovered Jesse Zone, and is now at pad collar 1 to drill the first holes. Split core samples are ready for shipment to the SRC Geo-Analytical Lab in Saskatoon for geochemical assaying. \"The first hole 23-MR-001 successfully intercepted pebbly biotite schist (glimmerite) mineralization from 33 to 66 m depth along core axis,\" stated Dr. Irvine Annesley, VP Exploration. \"The primary objective was to target and extend the southern end of Magnet Ridge at depth. Notably, the highest counts were recorded between depths of 39 and 51 meters, ranging from 300 to 850 counts per second (cps) and we are currently working on identifying the true thickness of these intersections from the first 4 holes.\" The Company began its helicopter-supported diamond drilling program on June 11th, 2023. The Company plans to target priority ar...