Appia Announces Excellent Desorption Results From Target IV Ionic Adsorption Clay Rare Earth Mineralization in Brazil

Toronto, Ontario--(Newsfile Corp. - July 17, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today the latest desorption test results for rare earth elements (REE) from the Target IV Ionic Adsorption Clay (IAC) deposit at the PCH project in Goias, Brazil. A total of 182 samples from 17 Reverse Circulation (RC) drillholes were sent to ALS Laboratories in Lima, Peru (ALS) and the results consistently confirmed the REE IAC mineralization style on the majority of Target IV developed over the Ipora Granite and representing improved recoveries of Magnet Rare Earth Oxides (MREO) and Heavy Rare Earth Oxides (HREO) as expected.

Stephen Burega, President, stated, "The combination of the significant size of mineralized area, high grades, good recoveries and rapid desorption, confirm the attractiveness of the deposit as an eventual world-class project. With each batch of desorption tests, we further our overall understanding of the nature of the IAC mineralization found at the PCH project, and we are very excited by the increase in recovery rates."

Highlights

  • Discrete desorption interval samples from RC drillholes located on Ipora Granite lithology (see Map 1) returned recoveries up to:

  • The most significant recovered desorption intercepts for the main mineralized zone were:

  • The results of the main mineralized zone and from the full drillhole length from all tested drillholes are presented in Table 1 below. The full set of results are available through this LINK.

  • Desorbability results were conducted by ALS using an Ammonium Sulfate solution at 0.5M, pH2, for 20 minutes at room temperature.

  • A comparison of 11 ALS and previously reported results from AGS Laboratories in La Serena, Chile (AGS) using Ammonium Sulfate 0.5M, pH4, 20 minutes, and room temperature (See May 6th 2024 press release) from the same drillhole intervals has been completed which shows a high correlation and consistency between the results (Table 2).

Stephen Burega, continued, "Our work programs for the upcoming quarter include ongoing auger drilling and desorption testing on the 4 newly identified targets (See press releases May 14th, 2024 and May 22nd, 2024) which combine for a total area of over 2,500 hectares as well as planning for the development of a Preliminary Economic Assessment (PEA) of Target IV and the Buriti Zones."