On September 26, 2024, Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FWB: A0I0) (MUN: A0I0) (BER: A0I0) announced the successful confirmation of intersecting uranium (U) and rare earth elements (REE) mineralization during exploratory drilling at the Loranger property in Saskatchewan, Canada. The results were analyzed by the Saskatchewan Research Council (SRC) Laboratories in Saskatoon, validating the Company’s early-stage geological hypotheses.
The drill program identified variable-length electromagnetic conductors conducive to U and REE mineralization, indicating the Loranger property’s potential as a dual-commodity site within Appia’s portfolio. Highlights of the assay results included significant U and REE mineralization in drill core samples, with multiple intervals demonstrating the presence of these minerals.
Moving forward, Appia plans to conduct follow-up exploration programs at Loranger to further investigate these findings, focusing on delineating the extent of mineralization and identifying additional targets for exploration. The Company is committed to transparency and will provide updates as exploration progresses.
The Loranger property’s strategic location near the prolific uranium-bearing Athabasca Basin reinforces its significant potential for U and REE mineralization. The recent drilling program confirms the presence of both commodities and underscores the opportunity for further discoveries based on the Company’s geological model.
Appia’s technical content has been reviewed and approved by Dr. Irvine R. Annesley, P.Geo., a Qualified Person under National Instrument 43-101. With ongoing exploration efforts in uranium and rare earth elements, Appia continues to focus on its various properties in Canada and Brazil to unlock their mineral potential and enhance shareholder value.
