Business
Appia Rare Earths Announces Excellent Desorption Results From Its Four New Ionic Adsorption Clay Targets at the PCH Project in Goias, Brazil
Toronto, Ontario--(Newsfile Corp. - February 4, 2025) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FWB: A0I0) (MUN: A0I0) (BER: A0I0) (the "Co
About this update from Appia Rare Earths & Uranium Corp
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - February 4, 2025) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FWB: A0I0) (MUN: A0I0) (BER: A0I0) (the \"Company\" or \"Appia\") announces updated results from the Ionic Adsorption Clay (IAC) rare earth elements (REE) targets Maia, Electra, Taygeta and Merope at the PCH project (Map 1). (See August 20th, 2024 Press Release - Click Here) A total of 1,173 samples from 163 Auger drillholes were tested and confirm the presence of extensive IAC style REE mineralization and results show excellent desorption/recovery of the critical Magnet Rare Earth Oxides (MREO). Tom Drivas, CEO, stated, \"These excellent desorption results further confirm the presence of extensive IAC REE mineralization. The potential from these new zones could significantly increase the known quantity and quality of IAC mineralization as the auger drilling has only tested the upper 5-8 metres of the system with most drill holes ending in mineralization. This is in addition to the recently reported high grade hardrock carbonatitic breccia REE mineralization in the SW Extension zone of Target IV which was announced last week (see Press Release - Click Here). We are planning to execute additional drilling to further define key target zones, and to update the current Mineral Resource Estimate (MRE) of the PCH project while preparing for the execution of a Preliminary Economic Assessment (PEA) report.\" Highlights: Taygeta and Merope targets presented high potential IAC REE results with NdPr average desorption ranging from 35.0% to 60.1% and DyTb desorption from 37.3% to 43.9% in average and are considered the best targets to develop substantial Magnet Rare Earth Oxides (MREO) resources. Taygeta Target overall recoveries: 33.8% Total Rare Earth Oxides (TREO), 34.5% Heavy Rare Earth Oxides (HREO), 60.1% NdPr and 37.3% DyTb. Merope Target overall recoveries: 29.0% TREO, 44.2% HREO, 35.0% NdPr and 43.9% DyTb. Maia Target overall recoveries: 34.0% TREO, 47.4% HREO, 69.0% NdPr and 49.6% DyTb. Electra Target overall recoveries: 11.3% TREO, 28.5% HREO, 15.1% NdPr and 22.6% DyTb. The full set of results are available through this LINK and the auger hole coordinates are available through this LINK. Table 1 - Overall average sample results from all auger holes tested by target. To view the full list of results, plea...