Appia Energy has released the company’s planned exploration activities for its rare earth elements project and its uranium properties in Saskatchewan.
Appia Energy (CSE:API,FWB:A0I.F,OTCQB:APAAF.US) has released the details regarding the company’s planned exploration activities for the high-grade critical rare earth elements project at Alces Lake and its uranium properties in the Athabasca Basin area.
As quoted from the press release:
The Alces Lake Property encompasses some of the highest-grade total and critical REE mineralization in the world, hosted within seven surface showings that remain open at depth. Critical rare earth elements are defined here as those that are in short-supply and high-demand for use in permanent magnets and modern electronic applications such as electric vehicles and wind turbines (i.e: Neodymium (Nd), Praseodymium (Pr) and Dysprosium (Dy)). The Alces Lake project area is 14,334 hectares (35,420 acres) in size, and is 100 percent owned by Appia.
Follow-up exploration is scheduled to start in June and is planned to include;
– 3,000 m of diamond drilling on the Ivan/Dylan/Dante zones, Bell/Charles/Charles Lower zones, and reconnaissance drilling on select geophysical/geological targets;
– a detailed ground gravity survey exploring for high-grade REO concentrations beneath the surface, similar to the Charles Lower zone;
– follow-up prospecting and stripping overburden in and around previously identified radiometric outcrops within a large radiometric anomaly;
– airborne radiometric, magnetic and EM geophysical survey over the Forget Lake and Oldman River monazite showings, to be followed with reconnaissance prospecting of said showings; and – continuing heavy mineral and monazite-bearing sand evaluation of the Alces Lake beach sands Exploration permits for the proposed summer activities are in-hand.
In addition, the company is planning an airborne radiometric, magnetic and EM geophysical survey over the North Wollaston property which hosts four uraniferous surface showings with grades up to 0.495 wt percent U3O8. The surface showings, and any additional radiometric anomaly identified from the airborne survey, are expected to be followed-up with ground exploration during the summer. The North Wollaston project area is 11,371 hectares (28,100 acres) in size, and is 100 percent owned by Appia.