- Appia Rare Earths & Uranium (API) released new assay results earlier this week
- Results are from the remainder of its 2021 drill program at the company’s Alces Lake Property in Saskatchewan’s Athabasca Basin
- Drilling took place in the high-grade rare earth elements and gallium property’s Western Anomaly
- Assay results have proved better than previous channel sample results in the same area
- Appia Rare Earths & Uranium is down 4.55 percent, trading at $0.32 at 1:04 pm ET
Appia Rare Earths & Uranium (API) released new assay results earlier this week.
Results are from the remainder of its 2021 drill program at the company’s Alces Lake Property in Northern Saskatchewan’s Athabasca Basin.
Drilling took place in the high-grade rare earth elements and gallium property’s Western Anomaly.
Assay results have proved better than previous channel sample results in the Western Anomaly area.
Multiple Total Rare Earth Oxides (TREO) intercepts were intercepted across three holes close to surface.
“The remaining assay results are better than the channel sample results previously released and confirm rare earths potential in the Western Anomaly area. This is a very promising new discovery area and will be the focus of future exploration. High grades found at Diablo and Sweet Chili Heat point to the potential of these two areas with much more exploration drilling to be done. On completion of drilling in the highly prospective WRCB-Magnet Ridge area, Appia will commence drilling on other prospective areas, including the Western Anomaly targets,” said President Frederick Kozak.
Phase 1 drilling us now complete at the Magnet Ridge target with a total of 34 holes being completed and waiting on assay results.
Appia Rare Earths & Uranium is down 4.55 percent, trading at $0.32 at 1:04 pm ET.
