Appia Rare Earths & Uranium Corp., a publicly traded company, aims to strategically position and capitalize on the increasing demand for critical minerals, such as rare earth elements (REE) and uranium. These resources are essential for meeting the high demand for electric vehicles, wind turbines, and advanced renewable electronics, and driving the transition towards a greener environment. Appia is a critical mineral exploration company committed to advancing multiple rare earths and uranium projects in mining-friendly regions, including Goiás State, Brazil, the Athabasca Basin in Saskatchewan, and Northern Ontario, the latter two of which are in Canada.
Investing in Appia offers a unique opportunity to tap into the growing demand for rare earth elements and uranium, which are pivotal in powering various industries. As the world transitions to cleaner energy sources and advanced technologies, the demand for rare earth elements and uranium is on the rise. Appia’s strategic positioning in these markets make it a compelling choice for investors looking to align their portfolios with the future of clean energy, high-tech innovation, and responsible resource development. By investing in Appia, you not only stand to benefit from the potential financial rewards, but also contribute to a cleaner and more technologically advanced future.
The PCH Project – Goiás, Brazil
In early 2023, Appia secured the right to acquire up to a 70 per cent interest in a very promising ionic absorption clay (IAC) project near the town of Iporá, in the state of Goiás, Brazil, covering a large +40,000-hectare project area. With a specific focus on the identification of the highly sought-after heavy REEs of Dysprosium (Dy) and Terbium (Tb), the PCH project results to-date demonstrates its potential as a future source for these extremely important minerals for the permanent magnet industry.
Over the past year, Appia has accomplished an amazing amount of work, and achieved many milestones, including a maiden Mineral Resource Estimate (MRE) on its first two targets, Target IV and Buriti Zone, including an inferred total resource of 46.6 million tons with an average grade of 2888 ppm Total Rare Earth Oxide (TREO) and indicated total resource of 6.6 million tons with an average grade of 2523 ppm TREO; completed desorption testing across various targets confirming the ionic clay characterization of the mineralization and continue to see very favourable kinetics across all the desorption testing. They identified an additional four new highly prospective target zones covering an area of over 2,400 hectares while re-confirming that the regolith developed over the Iporáa Granite presents significant enrichment of Heavy Rare Earth Oxides (HREO), indicative of Ionic Adsorption Clay (IAC) rare earth elements (REE) deposits.
The PCH project is extremely important to the company as it leverages Brazil’s natural advantages in mineral production cost-efficiency, which is crucial for the global market. Additionally, the project’s location offers excellent infrastructure support—roads, power, water—and, very importantly, strong local community support. The company’s approach on the ground at the PCH project has fostered solid relationships with local farm owners, further enabling smooth operations and governmental buy-in from local to federal levels. The ionic absorption clay’s high grades, at depths up to +25 metres, points to the viability and potential of the project, and showcases the PCH project’s scalability and potential cost-effective nature.
These are important results that demonstrate further that Appia has discovered a notable ionic clay rare earths deposit. The PCH project has many superior characteristics including its hosting in easy-to-dig clays, a desirable diversity of metals, including the “rare” rare earths, the high grades encountered, and the large scope of the project. Industry has a growing need for rare earths in a stable and western jurisdiction and the company is committed to offering a solution.
More about Appia
Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company holds the right to acquire up to a 70 per cent interest in the PCH Ionic Adsorption Clay Project (see June 9th, 2023 press release), which is 40,963.18 ha. in size and located within the Goiás State of Brazil (see January 11th, 2024 press release). The company is also focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, and exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The company holds the surface rights to exploration for 94,982.39 hectares (234,706.59 acres) in Saskatchewan. The company also has a 100 per cent interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp in Ontario.