Appia Announces Appointment of Mr. Andre Costa as New VP Exploration for Brazil Operations

Appia Announces Appointment of Mr. Andre Costa as New VP Exploration for Brazil Operations

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FWB: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today the appointment of Mr. Andre Costa as its new VP Exploration for its Brazil Operation effective immediately. Mr. Costa will oversee the ongoing development of the Company's PCH Ionic Adsorption Clay project located in Goias, Brazil.

Tom Drivas, CEO stated, "Having the right leadership in place to direct our plans and team in Brazil has been a priority for Appia, and we are so pleased to have Mr. Andre Costa joining us at this pivotal time in our growth cycle. As Appia moves to the next phase in the exploration of the PCH project, and following the announcement of our maiden Mineral Resource Estimate (MRE) on Target IV and Buriti Zones and NI 43-101 technical report, Mr. Costa will design and implement programs to further delineate extension zones at these targets along with drill testing the next series of high-potential REE areas, and will oversee our ongoing metallurgic testing programs."

Mr. Costa is a Fellow of the Australian Institute of Geoscience (FAIG#7967). He holds a B.Sc. in Geology (1993) and a M.Sc. in Economic Geology (1996), both from the Federal University of Brasília. He has 29 years of work experience in mineral exploration for diamond, phosphate, potash, REE, copper, lithium, gold, and petroleum including 9 years of work experience in diamond, uranium, potash, petroleum and gold exploration in Canada. He has participated and managed several exploration programs, from regional grassroots to feasibility studies. He also 10 years' work experience as a mineral exploration consultant. Mr. Costa has worked as Brazil's Exploration Manager of Great Western Diamond and Brazil Potash ($120 Mi budget). He also worked as Resident Geologist for the Saskatchewan Geological Survey in La Ronge - Saskatchewan.

As a consultant for GE21, Mr. Costa oversaw and managed the exploratory auger drilling campaigns in Carina Module (Goias State) and São Felix (Minas Gerais States) for Aclara Resources; managed the regional exploration work for Codelco in Northern Mato Grosso and Bahia States; Coordinated the initial exploratory and drilling work for Lithium Ionic in the Araçuai Lithium Valley; Coordinated the vanadium soil and geological mapping regional exploration for Largo in Maracás and Campo Alegre de Lurdes (Bahia State); executed initial REE field work in the Oiapoque region for Eco Mining; and coordinated the execution of regional exploratory work for Bemisa in northern Mato Grosso State.

Andre Costa stated, "I am thrilled to be part of the Appia team and excited about the opportunity to contribute to the next chapters of the Company's success on their PCH Ionic Clay REE Project in Brazil, and Uranium and REE projects in Saskatchewan and Ontario. I strongly believe that the PCH project is one of the most promising in Brazil and the Uranium and REE Projects in Saskatchewan and Ontario are promising and well situated. I look forward to working with a very talented exploration and mining team to deliver on the goal of becoming an important player in the global REE and Uranium supply chains."

The Company has granted 500,000 options exercisable at $0.15 per share for five years to Mr. Costa vesting 50% at 6 months and 50% at 12 months.

About Appia Rare Earths & Uranium Corp.

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% interest in the PCH Ionic Adsorption Clay Project (See June 9th, 2023 Press Release - Click HERE) which is 40,963.18 ha. in size and located within the Goiás State of Brazil. (See January 11th, 2024 Press Release - Click HERE) 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% interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario.

Appia has 136.3 million common shares outstanding, 145 million shares fully diluted.

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 are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

For more information, visit www.appiareu.com.

As part of our ongoing effort to keep investors, interested parties and stakeholders updated, we have several communication portals. If you have any questions online (X, Facebook, LinkedIn) please feel free to send direct messages.

To book a one-on-one 30-minute Zoom video call, please click here.

Contact:

Tom Drivas, CEO and Director
(c) (416) 876-3957
(f) (416) 218-9772
(e) tdrivas@appiareu.com

Stephen Burega, President
(c) (647) 515-3734
(e) sburega@appiareu.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/206497

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Appia Announces Significant Results from Two Additional Exploration New Targets Electra and Maia at PCH Project

Appia Announces Significant Results from Two Additional Exploration New Targets Electra and Maia at PCH Project

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today the results from 2 newly identified exploration targets - Electra and Maia. A total of 196 samples from 25 auger drill holes were assayed by SGS-GEOSOL Laboratories in Vespasiano, Brazil. The results confirm again that the regolith developed over the Ipora Granite presented significant enrichment of Heavy Rare Earth Oxides (HREO), indicative of the Ionic Adsorption Clay (IAC) rare earth elements (REE) deposits similar to the Target IV zone already identified as IAC REE. This will be confirmed by the desorption analysis which is currently underway.

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Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today the results from the newly identified exploration targets Taygeta and Merope. A total of 111 samples from 18 auger drill holes were assayed by SGS-GEOSOL Laboratories in Vespasiano, Brazil. The results confirm that the regolith developed over the Ipora Granite presented significant enrichment of Heavy Rare Earth Oxides (HREO), characteristic of the Ionic Adsorption Clay (IAC) rare earth elements (REE) deposits identified at other PCH target zones.

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Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") invites you to register for a webinar on May 14th at 9:45 AM EDT, Eastern Daylight Time (North America) with Appia Rare Earths & Uranium Corp.'s President, Mr. Stephen Burega and VP of Exploration, Brazil, Mr. Andre Costa, and renowned former Wall Street analyst, John Tumazos of Very Independent Research. John will dig in on the latest developments at Appia Rare Earths & Uranium Corp. with plenty of probing inquiries.

To register for the event click here.

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ACLARA REPORTS ON VOTING RESULTS FROM THE 2024 ANNUAL GENERAL MEETING OF SHAREHOLDERS

ACLARA REPORTS ON VOTING RESULTS FROM THE 2024 ANNUAL GENERAL MEETING OF SHAREHOLDERS

 The Annual General Meeting of Shareholders (the " Meeting ") of Aclara Resources Inc. (" Aclara " or the " Company ") (TSX: ARA) was held today in Toronto, Ontario . Each of the matters voted upon at the Meeting is discussed in detail in the Company's management information circular dated April 5, 2024 (the " Circular "), which can be found under the Company's profile on SEDAR+ at www.sedarplus.ca .

Aclara Resources Inc. Logo (CNW Group/Aclara Resources Inc.)

The total number of votes cast by shareholders of the Company in person and by proxy at the Meeting was 104,205,909 votes, representing 62.62%. Each of the matters put forward before shareholders for consideration and approval at the Meeting, as described in the Circular, was duly approved by the requisite number of votes. These matters included the election of directors and the appointment of the auditor. The voting results are detailed below:

1. Election of Directors

Name of Nominee


Votes FOR


%


Votes WITHHELD


%

Eduardo Hochschild


92,464,826


94.14


5,754,485


5.86


Ramon Barua


92,872,513


94.56


5,346,798


5.44


Paul Adams


94,030,588


95.74


4,188,723


4.26


Eduardo Landin


92,538,800


94.22


5,680,511


5.78


Catharine Farrow


97,933,632


99.71


285,679


0.29


Maria Recart


98,131,039


99.91


88,272


0.09


Sanjay Sarma


97,905,072


99.68


314,239


0.32


Nicolás Hochschild


92,593,016


94.27


5,626,295


5.73


Joao Miranda


95,554,235


97.29


2,665,076


2.71


Jorge Born


92,589,487


94.27


5,629,824


5.73


2. Appointment of Auditor

Name of Auditor


Votes FOR


%


Votes WITHHELD


%

EY Servicios Profesionales
de Auditoría y Asesorías SpA


104,188,072


99.98


17,837


0.02

The Company has filed a report of voting results on all resolutions voted on at the Meeting under its profile on SEDAR+ at www.sedarplus.ca .

About Aclara

Aclara Resources Inc. (TSX: ARA) is a development-stage company that is focused on heavy rare earth mineral resources hosted in Ion-Adsorption Clay deposits. The Company's rare earth mineral resource development projects include the Penco Module in the Bio-Bio Region of Chile and the Carina Module in the State of Goiás, Brazil .

Aclara's rare earth extraction process offers several environmentally attractive features. Circular mineral harvesting does not involve blasting, crushing, or milling, and therefore does not generate tailings and eliminates the need for a tailing's storage facility. The extraction process developed by Aclara minimizes water consumption through high levels of water recirculation made possible by the inclusion of a water treatment facility within its patented process design. The ionic clay feedstock is amenable to leaching with a common fertilizer main reagent, ammonium sulfate. Further, harmful levels of radionuclides, typical of hard rock rare earth deposits, are not concentrated within the Aclara's processing flowsheet. In addition to the development of the Penco Module and the Carina Module, the Company will continue to identify and evaluate opportunities to increase future production of heavy rare earths through greenfield exploration programs and the development of additional projects within the Company's concessions in Brazil , Chile , and Peru .

SOURCE Aclara Resources Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2024/06/c3133.html

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