Business
Initial Results Confirm Widespread Mineralization at Appia's Ionic Clay Project in Goias State, Brazil
Toronto, Ontario--(Newsfile Corp. - June 20, 2023) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (the "Company" or "Appia") is pleas

About this update from Appia Rare Earths & Uranium Corp
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - June 20, 2023) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (the \"Company\" or \"Appia\") is pleased to provide an update on its newly acquired Cachoeirinha rare earths project (\"PCH Project\") located near Iporá in the state of Goiás, Brazil. This update results from a due diligence field visit and project review by Appia personnel, including Mr. Don Hains, an expert in industrial minerals. The PCH project hosts rare earth element (REE) mineralization in both ionic clays developed from the weathering of alkaline granites, and in-situ rare earth mineralization associated with the underlying granite and a carbonatite intrusion to depths >100 m. \"Mineralization is widespread across the property with the most advanced target being a 2 km wide zone in the SW corner of the tenements known as Target 4,\" stated Mr. Don Hains, senior consulting geologist and QP. \"The exploration work by the vendor showed REE enrichment in the soils to depths of 8 to 26 m with the majority in the upper 8-10 m. Total REE grades in numerous auger holes drilled at Target 4 ranged from 274 ppm to 16,648 ppm (1.66%), with an average of 1,291 ppm total REE and, importantly, the valuable rare earths used in magnet applications (Pr, Nd, Tb and Dy) + Y accounted for approximately 14% of total rare earths, with a maximum of 28.4%.\" Appia completed 110 duplicate samples from twin auger holes distributed across Target 4 as part of its due diligence program and found comparable results to the original assays. Due diligence samples were also collected from trenches (17 samples) and diamond drill holes (76). Assay data for these samples also showed comparable results to the original sample data. Due diligence samples were assayed at the same laboratory (SGS Geosol in Vespasiano, Brazil) using the same methods as the original samples (IMS95R and ICM40B). SGS Geosol is an ISO 17025 registered laboratory. Certified standards from OREAS were used to measure laboratory accuracy and precision. Supervision of the due dilignece assays was under the control of Mr. Hains. He continued, \"The average Heavy REE value is 145 ppm, or 13.93% of the total rare earths. In contrast, the Serra Verde project currently under construction in northern Goais State has total average REE values of 2,13...