August 20, 2024, Toronto, Ontario–(Newsfile Corp. – August 20, 2024) – Appia Rare Earths & Uranium Corp. announced the initial desorption test results from the Ionic Adsorption Clay (IAC) rare earth elements (REE) targets Maia, Electra, Taygeta, and Merope at the PCH project. A total of 89 samples from 13 auger drillholes were sent to ALS Laboratories in Lima, Peru, and the results consistently confirmed the REE IAC mineralization style on all targets developed over the Ipora Granite. The results indicate very good recoveries of Magnet Rare Earth Oxides (MREO) and Heavy Rare Earth Oxides (HREO).

Stephen Burega, President, commented on the results, stating that the new targets are showing higher levels of heavy rare earths as exploration continues to the East of the property, with excellent Dy and Tb recovery values at Merope and Taygeta targets. These results highlight the substantial desorption levels achieved, confirming the presence of a notable ionic clay rare earths deposit at the project site. The project boasts various superior characteristics, including hosting in easily accessible clays, a diverse range of metals, high-grade deposits, and a large project scope. These findings are significant given the industry’s increasing demand for rare earths in a stable western jurisdiction.

Drill crews are actively working to expand the IAC mineralization across the project area, with very favorable kinetics observed across all ALS desorption testing. The increased recoveries of Dysprosium (Dy) and Terbium (Tb) further underscore the PCH project’s potential as a future source of critical minerals for the permanent magnet industry.

The most noteworthy desorption interval samples from auger drillholes on Ipora Granite lithology returned significant recoveries, demonstrating the high mineralization levels present. The Company is dedicated to further exploration and delineation of the targets to ascertain their full potential and extension.

These promising results confirm the potential for REE Ionic Desorption Clay mineralization across all tested new targets at the PCH project, indicating a positive trajectory in characterizing the Maia, Electra, Taygeta, and Merope targets. The Company remains focused on aggressive drilling to determine the recoverability of these targets and delineate their extension, considering they are open on all directions.

Appia Rare Earths & Uranium Corp. is a Canadian company focused on the rare earth element and uranium sectors. The Company holds the right to acquire up to a 70% interest in the PCH Ionic Adsorption Clay Project in Brazil and is further exploring for high-grade critical rare earth elements and gallium on the Alces Lake property, as well as high-grade uranium in the Athabasca Basin on various properties.

The technical information presented in this release has been reviewed and approved by Andre L. L. Costa, Appia’s VP Exploration for Brazil, who is a Qualified Person (QP) as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

For more information, please visit the company’s website at Appia Rare Earths & Uranium Corp..

*Cautionary note regarding forward-looking statements: This News Release contains forward-looking statements which are typically preceded by, followed by, or including the words "believes," "expects," "anticipates," "estimates," "intends," "plans," or similar expressions. Forward-looking statements involve risks, uncertainties, and assumptions, and the Company does not guarantee future performance.

Neither the Canadian Securities Exchange nor its Market Regulator accepts responsibility for the adequacy or accuracy of this release.*

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