Appia Rare Earths & Uranium Corp · CSE:API

Appia Rare Earths & Uranium — Appia Energy — Technical Presentation (January 2019)

76 slides from Appia Rare Earths & Uranium's technical presentation, Jan 25, 2019

  1. Slide 1: The Geological Evolution of High-Grade Rare Earth Element Mineralization on the Alces Lake Property

    January 25, 2019 James Sykes Dr. Irvine R. Annesley Krisztina Pandur A clean energy company CSE:API, OTCQB:APAAF, Frankfurt:A0I.F, Munich:A0I.MU, Berlin:A0I.BE The Geological Evolution of High-Grade Rare Earth Element Mineralization on the Alces Lake Property, Northern Saskatchewan Technical Present

  2. Slide 2: Forward Looking Statement

    Forward Looking Statement This Presentation contains forward-looking statements which may include but are not limited to statements with respect to the future financial or operating performance of Appia and its projects, the future price of uranium, capital operating and exploration expenditures, su

  3. Slide 3: Alces Lake - Northern Saskatchewan

    Alces Lake - Northern Saskatchewan appiaenergy.ca CSE:API 3

  4. Slide 4: Alces Lake

    Alces Lake “The Alces Lake REE trenches rank as the highest- grade REE occurrence known in the province of Saskatchewan, with grades that are comparable to those encountered in the world-class Steenkampskraal deposit, South Africa” - Dr. Charles Normand, 2012 Precambrian Research Geologist, Saskatch

  5. Slide 5: Summer 2018 Exploration Program

    Summer 2018 Exploration Program • Overburden stripping and channel sampling – Exposed a total of 7 REE zones AT SURFACE • Bell, Charles, Dante, Dylan, Ivan, Wilson, Wilson South-Central – Saw-cut a total of 437.1 m from 96 outcrop channels/lines • 844 individual samples removed for analysis • Diamon

  6. Slide 6: Camp

    Camp appiaenergy.ca CSE:API 6

  7. Slide 7: Travel

    Travel appiaenergy.ca CSE:API 7

  8. Slide 8: Overburden Stripping

    Overburden Stripping appiaenergy.ca CSE:API 8

  9. Slide 9: Washing and Channel Sampling

    Washing and Channel Sampling appiaenergy.ca CSE:API 9

  10. Slide 10: Diamond Drilling

    Diamond Drilling appiaenergy.ca CSE:API 10

  11. Slide 11: Topography

    Topography N Plan Map appiaenergy.ca CSE:API 11

  12. Slide 12: Topography

    Topography N Hill 1 Hill 2 Valley Helipad mound The blue areas contain thick overburden 3D view looking SE appiaenergy.ca CSE:API 12

  13. Slide 13: Topography

    Topography Inside the blue Why is this polygon contains important? thick overburden Hill 1 Valley Helipad mound Hill 2 3D view looking SW appiaenergy.ca CSE:API 13

  14. Slide 14: Radiometrics and Overburden

    Radiometrics and Overburden ~0.3 m (1 foot) overburden The effect that 0.3 m (1 foot) overburden has on radiometrics (i.e. scintillometer surveying) is profound. With bedrock exposed, the scintillometer measures between 10,000 to 30,000 cps. Prior to exposure, the scintillometer measured a maximum o

  15. Slide 15: Radiometrics and Overburden

    Radiometrics and Overburden What can we observe with the scintillometer when there’s more than 3 m (10 feet) overburden? appiaenergy.ca CSE:API 15

  16. Slide 16: Evolution of REE zones

    Evolution of REE zones Hill 1 Wilson Valley Charles Helipad mound Hill 2 Bell Ivan View looking SW Dylan Dante appiaenergy.ca CSE:API 16

  17. Slide 17: Evolution of REE zones

    Evolution of REE zones Wilson - Before Wilson - After 9.066 wt% TREO over 4.6 m 18.525 wt% TREO over 2.7 m Wilson zone channel samples from 2017 program appiaenergy.ca CSE:API 17 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  18. Slide 18: Evolution of REE Zones

    Evolution of REE Zones N appiaenergy.ca CSE:API 18 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  19. Slide 19: Bell Zone

    Bell Zone 60 - 70 60 - 70 Mineralization offset along the Charles-Bell fault 00 - 10 Average grades 10.239 wt% TREO 2.223 wt% CREO 2.185 wt% NdPr Oxide appiaenergy.ca CSE:API 19 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  20. Slide 20: Charles Zone

    Charles Zone Charles Average grades 9.656 wt% TREO 2.163 wt% CREO 2.131 wt% NdPr Oxide 50 - 70 50 - 70 00 - 10 Charles-Bell fault 00 - 20 50 - 70 Charles Lower appiaenergy.ca CSE:API 20 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  21. Slide 21: Charles Lower Zone

    Charles Lower Zone OPEN Charles Lower Average grades 8.868 wt% TREO 2.049 wt% CREO 2.017 wt% NdPr oxide appiaenergy.ca CSE:API 21 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  22. Slide 22: Charles-Bell Fault

    Charles-Bell Fault Monazite entrained within fault 8.052 wt% TREO 80 - 90 6.331 wt% TREO * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results appiaenergy.ca CSE:API 22

  23. Slide 23: Charles-Bell Fault CH-18-003 @ 8.3 m

    Charles-Bell Fault CH-18-003 @ 8.3 m appiaenergy.ca CSE:API 23

  24. Slide 24: Dante Zone

    Dante Zone Average grades 13.763 wt% TREO 3.057 wt% CREO 3.014 wt% NdPr Oxide 50 - 70 appiaenergy.ca CSE:API 24 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  25. Slide 25: Dylan Zone

    Ivan 50 - 70 Dylan Zone 50 - 70 vertical relief 50 - 70 fault Average grades 31.827 wt% TREO 7.259 wt% CREO 7.163 wt% NdPr Oxide appiaenergy.ca CSE:API 25 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  26. Slide 26: Ivan Zone

    Ivan Zone 53.007 wt% TREO 85% monazite fault Average grades 22.711 wt% TREO 5.242 wt% CREO 5.172 wt% NdPr Oxide appiaenergy.ca CSE:API 26 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  27. Slide 27: Ivan Middle and Lower Zones

    Ivan Middle and Lower Zones Average grade Average grade 0.379 wt% TREO 0.315 wt% TREO appiaenergy.ca CSE:API 27 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  28. Slide 28: Wilson Zone

    Wilson Zone Historic exploration trench Average grades 9.398 wt% TREO 2.062 wt% CREO 2.032 wt% NdPr Oxide appiaenergy.ca CSE:API 28 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  29. Slide 29: Wilson South-Central Zone

    Wilson South-Central Zone Average grade 0.644 wt% TREO appiaenergy.ca CSE:API 29 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  30. Slide 30: Wilson and Wilson South-Central Zones

    Wilson and Wilson South-Central Zones South-Central South appiaenergy.ca CSE:API 30

  31. Slide 31: Comparison of Advanced Stage REE Projects Outside of China with Alces Lake

    Comparison of 29 Advanced Stage REE Projects Outside of China with Alces Lake Project: Average Grade of In-Situ Total and Critical Rare Earth Oxides Gakara Project Alces Lake (Dylan) Alces Lake (Ivan) Steenkampskraal Alces Lake (Dante) Alces Lake (Bell) Mount Weld CLD Absolute “Total” grades are far

  32. Slide 32: REE Host Mineral - Monazite

    REE Host Mineral - Monazite • Multiple petrographic studies have indicated; “Economic and critical REE mineralization is hosted solely by monazite” • NOTE: these are observations based on Wilson and Ivan zone samples from 2013 and 2017 programs • Monazite has simple metallurgical properties; the pro

  33. Slide 33: REE Host Mineral - Monazite

    REE Host Mineral - Monazite • Average composition of 36 monazites from 4 samples, as determined by electron microprobe analysis (REEs in red) • 26.7% oxygen (O) • 26.0% cerium (Ce) • Mass balance/normalize whole rock • 12.3% lanthanum (La) geochemistry data with monazite • 12.7% phosphorus (P) micro

  34. Slide 34: Monazite - Charles Zone

    Monazite CH-18-007 1.6 m (top, 13.003 wt% TREO) CH-18-007 2.4 m (bottom, unmineralized) Charles Zone appiaenergy.ca CSE:API 34 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  35. Slide 35: WI-18-002 @ 6.2 m

    * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results WI-18-002 @ 6.2 m 2.203 wt% TREO Wilson South-Central appiaenergy.ca CSE:API 35

  36. Slide 36: CH-18-004A @ 13.4 m

    CH-18-004A @ 13.4 m * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results 4.109 wt% TREO Charles (Lower) appiaenergy.ca CSE:API 36

  37. Slide 37: WI-18-004 @ 18.5 m

    WI-18-004 @ 18.5 m 10.905 wt% TREO Wilson Zone * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results appiaenergy.ca CSE:API 37

  38. Slide 38: CH-18-008 @ 10.1 m

    CH-18-008 @ 10.1 m 14.615 wt% TREO Charles (Lower) appiaenergy.ca CSE:API 38 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  39. Slide 39: CH-18-006 @ 11.5 m

    CH-18-006 @ 11.5 m 25.490 wt% TREO Charles (Lower) appiaenergy.ca CSE:API 39 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  40. Slide 40: WI-18-004 @ 19.4 m

    WI-18-004 @ 19.4 m 22.875 wt% TREO Wilson Zone appiaenergy.ca CSE:API 40 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  41. Slide 41: CH-18-005 @ 11.4 m

    CH-18-005 @ 11.4 m 4.836 wt% TREO Charles (Lower) Garnet Monazite Monazite doesn’t like garnet?? appiaenergy.ca CSE:API 41 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  42. Slide 42: CH-18-006 @ 11.1 m

    CH-18-006 @ 11.1 m 7.279 wt% TREO Charles (Lower) Monazite Monazite Garnet Monazite doesn’t like garnet?? appiaenergy.ca CSE:API 42 * See slide 76 (Appendix 1) for individual element grades supporting reported TREO results

  43. Slide 43: Regional Geology

    Regional Geology Train Domain • Granite to granodiorite (Archean) St. Louis Fault • Host to at least 3 high-grade uranium deposits that produced over 45 M lbs. U3O8 20 km SW of Alces Lake Beaverlodge Domain • Granite to granodiorite (Archean) • Metasediments (Proterozoic) • Host to at least 18 high-

  44. Slide 44: Regional Geology - Structure

    D1 (Archean) • 2.6 to 2.5 Ga event Regional Geology - Structure • Upper amphibolite facies • Produced regional foliation D2 (Proterozoic) • 2.36 to 2.28 Ga events • Accretion of terranes to W Rae • Granulite facies • Produced • W/NW trending fabrics • Tight isoclinal folds *D3 (Proterozoic)* • 2.0 t

  45. Slide 45: U-Pb Isotope Age Dating

    U-Pb Isotope Age Dating Monazites data-point error ellipses are 2s 0.41 0.39 0.37 2020 1980 206Pb/238U 1940 *D3 (Proterozoic)* 0.35 1900 confirmed 1860 • 2.0 to 1.9 Ga events 0.33 1820 1780 Intercepts at 0.31 0±0 & 1927.1±1.2 [±6.0] Ma MSWD = 0.94 0.29 4.6 5.0 5.4 5.8 6.2 6.6 207Pb/235U appiaenergy.

  46. Slide 46: Regional Geology - Structure

    Regional Geology - Structure Cross-section view Plan view erosional surface appiaenergy.ca CSE:API 46

  47. Slide 47: Outcrop Geology – Paleo Stratigraphy (Schematic)

    Outcrop Geology – Paleo Stratigraphy (Schematic) appiaenergy.ca CSE:API 47

  48. Slide 48: Mineralized System – Braided Biotite Schist Pegmatite Augen

    Mineralized System – Braided Biotite Schist Pegmatite Augen appiaenergy.ca CSE:API 48

  49. Slide 49: Mineralized System – Biotite Schist

    Mineralized System – Biotite Schist appiaenergy.ca CSE:API 49

  50. Slide 50: Mineralized System – Biotite Schist

    Mineralized System – Biotite Schist appiaenergy.ca CSE:API 50

  51. Slide 51: Mineralized System – Biotite Schist CH-18-004A @ 12.8 m

    Mineralized System – Biotite Schist CH-18-004A @ 12.8 m appiaenergy.ca CSE:API 51

  52. Slide 52: Mineralized System – Braided Biotite Schist

    Mineralized System – Braided Biotite Schist appiaenergy.ca CSE:API 52

  53. Slide 53: Mineralized System – Biotite Schist and Pegmatite

    Mineralized System – Biotite Schist and Pegmatite CH-18-005 @ 13.2 m Mineralized System Metasedimentary Migmatite appiaenergy.ca CSE:API 53

  54. Slide 54: Mineralized System – Pegmatite Augen and Monazite

    Mineralized System – Pegmatite Augen and Monazite appiaenergy.ca CSE:API 54

  55. Slide 55: Mineralized System – Biotite Schist and Pegmatite

    Mineralized System – Biotite Schist and Pegmatite appiaenergy.ca CSE:API 55

  56. Slide 56: Mineralized System – Biotite Schist, Pegmatite and Monazite

    Mineralized System – Biotite Schist, Pegmatite and Monazite appiaenergy.ca CSE:API 56

  57. Slide 57: Mineralized System – Biotite Schist/Pegmatite Contact With Metasedimentary Gneiss

    Mineralized System – Biotite Schist/Pegmatite Contact With Metasedimentary Gneiss CH-18-006 @ 13.2 m sharp contacts appiaenergy.ca CSE:API 57

  58. Slide 58: Mineralized System – Biotite Schist/Pegmatite Contact With Metasedimentary Gneiss

    Mineralized System – Biotite Schist/Pegmatite Contact With Metasedimentary Gneiss IV-18-001 @ 8.0 m drag folding appiaenergy.ca CSE:API 58

  59. Slide 59: Mineralized System – Unmineralized Biotite Shear

    Mineralized System – Unmineralized Biotite Shear CH-18-003 @ 10.8 m Possible pre-cursors to larger systems?? appiaenergy.ca CSE:API 59

  60. Slide 60: Mineralized System – Biotite Clusters

    Mineralized System – Biotite Clusters IV-18-001 @ 10.4 m Possible pre-cursors to larger systems?? appiaenergy.ca CSE:API 60

  61. Slide 61: Mineralized System – Schematic

    Mineralized System – Schematic The currently identified zones tend to occur in areas where folds are present appiaenergy.ca CSE:API 61

  62. Slide 62: The Mineralized Shape – observed at all scales

    The Mineralized Shape – observed at all scales appiaenergy.ca CSE:API 62

  63. Slide 63: The Mineralized Shape – observed at all scales

    The Mineralized Shape – observed at all scales appiaenergy.ca CSE:API 63

  64. Slide 64: The Mineralized Shape – observed at all scales

    The Mineralized Shape – observed at all scales appiaenergy.ca CSE:API 64

  65. Slide 65: The Mineralized Shape – observed at all scales: Ivan Zone

    The Mineralized Shape – observed at all scales Ivan Zone appiaenergy.ca CSE:API 65

  66. Slide 66: Exploration Potential Hypothesis

    Exploration Potential Hypothesis - REE bodies are larger than what is observed at surface “full Erosion has left bodies” “tails” exposed at and just beneath the current surface!! Therefore, high discovery potential “tails” for “full bodies” beneath the surface appiaenergy.ca CSE:API 66

  67. Slide 67: Exploration Potential Charles (Lower)

    Exploration Potential Charles (Lower) Charles Bell Plan Map Bell Charles Charles (Lower) Cross Section appiaenergy.ca CSE:API 67

  68. Slide 68: Exploration Potential Follow biotite shears

    Exploration Potential Follow biotite shears CH-18-008 @ 27.6 m appiaenergy.ca CSE:API 68

  69. Slide 69: Exploration Potential

    Exploration Potential Inside the blue Why is this polygon contains important? thick overburden This area is associated with a large radiometricHillhalo 1 Valley Helipad mound Hill 2 3D view looking SW appiaenergy.ca CSE:API 69

  70. Slide 70: Exploration Potential

    Exploration Potential Airborne radiometric survey identified a 500 m by 350 m anomaly (red box). Over 90% of the anomaly is covered with overburden. Radioactive outcrops (colored circles) identified in 2010, 2011, 2013 and 2017 exploration programs lie within and outside the anomaly Danny and Hinge

  71. Slide 71: Exploration Potential

    Exploration Potential Recently staked land package provides additional exposure to ▪ Forget Lake monazite occurrences ▪ Oldman River monazite occurrences ▪ Hawker Lake high-grade uranium zones ▪ Heavy mineral sands on shores of Alces Lake and Forget Lake (on-going study ) appiaenergy.ca CSE:API 71

  72. Slide 72: Pilot Plant in Saskatoon

    Pilot Plant in Saskatoon • 2,000 metric tonne/annum capacity • Presents a CAPEX saving for Appia Pilot Plant – Crushing and Milling Rare Earth Element Processing Lab appiaenergy.ca CSE:API 72 Data Sources: Global News Saskatchewan and Saskatchewan Research Council

  73. Slide 73: Alces Lake Summary

    Alces Lake Summary 1. World-class Total and Critical REO grades I. 8.868 to 31.827 wt% TREO (average), 2.049 to 7.259 wt% CREO (average) 2. Enriched with Critical REEs (Nd, Pr, Dy) for PMMs 3. Mineralization at surface 4. Multiple zones of REE discoveries; I. Along geological strike II. Sub-parallel

  74. Slide 74: Appia’s Goal for Alces

    Appia’s Goal for Alces – Contribute to World and North American Production appiaenergy.ca CSE:API 74

  75. Slide 75: A clean energy company

    A clean energy company Exploring and developing critical rare earth element and uranium deposits in Canada's Athabasca Basin area of northern Saskatchewan and the historic mining camp of Elliot Lake, Ontario Appia Energy Corp. Suite 500 – 2 Toronto St. Toronto, ON Canada M5C 2B6 Phone: +1-416-546-27

  76. Slide 76: Appendix 1

    Appendix 1 Slide # Description La2O3 wt% CeO2 wt% Pr6O11 wt% Nd2O3 wt% Sm2O3 wt% Eu2O3 wt% Gd2O3 wt% Tb4O7 wt% Dy2O3 wt% Ho2O3 wt% Er2O3 wt% Yb2O3 wt% Lu2O3 wt% Y2O3 wt% ThO2 wt% U3O8 wt% TREO wt%* CREO wt%** 17 Wilson - over 4.6 m 1.929 4.373 0.519 1.740 0.260 0.003 0.123 0.011 0.025 0.003 0.018 0.

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