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Appia (CSE:API) announces high-grade mineralization at the Alces Lake property

Mining
CSE:API
06 December 2021 15:00 (EDT)

Source: Appia Rare Earths & Uranium Corp.

Appia Rare Earths & Uranium (API) reports assay results from its program at the Alces Lake high-grade rare earth elements (REE) and gallium property.

Appia has received assays from grab samples and channel samples.

The results from the Wilson North and Richards drill holes confirmed some of the highest recorded rare earth grades discovered to date on the Alces Lake property in Saskatchewan.

High-grade REE mineralization has now been identified throughout an area covering approximately 27 square kilometres of the Alces Lake block.

Results have been returned from channel and grab samples and are reported in width (wt) per cent total rare earth oxides (TREO).

A channel sample of 14.71 wt per cent TREO from Sweet Chili Heat and 11.94 wt per cent TREO from Diablo were reported

10.35 wt per cent TREO returned from grab sample at Zesty.

7.86 wt per cent TREO returned from grab sample along the Oldman River trend.

New discovery of REEs with 2.27 wt per cent TREO grab sample from Train Domain.

Elevated Gallium values have been returned for all samples enriched in TREO.

Appia is fully funded for its 2021 program and all required permits for the exploration activities are in hand.

Analysis of the summer exploration and drilling program will follow.

The Alces Lake project encompasses some of the highest-grade total REEs and gallium mineralization in the world.

Appia Rare Earths & Uranium Corp. (API) is down 1.02 per cent and is trading at $0.49 per share as of 2:31 p.m. EST.

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