The Conversation (0)
Appia Rare Earths and Uranium (CSE:API, OTCQX:APAAF) targets REEs and uranium in Saskatchewan and Ontario. The Alces Lake prospect in the Athabasca Basin of Saskatchewan, Appia’s flagship operation, contains the highest-grade monazite REE occurrences in North America and is among the highest globally. Alces Lake and the company’s additional REE prospects will benefit greatly from the soon-to-be-established REE processing facility in Saskatchewan.
The presence of monazite-rich REE mineralization zones (Figure 1) at the Alces Lake property creates a significant opportunity for Appia, and additional monazite occurrences have been recently discovered in the area. Rare Earth Elements are not technically rare as they’re found in many rock types and geological environments, even trace amounts in most soil. However, it’s difficult to find deposits with high grades and substantial volumes, i.e., enough to mine economically, while also present in a mineral phase that can be processed.
Figure 1. Monazite-rich, rare earth element (REE) drill core from the Charles subzone of WRCB.
The presence of monazite-rich REE mineralization zones (Figure 1) at the Alces Lake property creates a significant opportunity for Appia, and additional monazite occurrences have been recently discovered in the area. Rare Earth Elements are not technically rare as they’re found in many rock types and geological environments, even trace amounts in most soil. However, it’s difficult to find deposits with high grades and substantial volumes, i.e., enough to mine economically, while also present in a mineral phase that can be processed.
This Appia Rare Earths and Uranium profile is part of a paid investor education campaign.*
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