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Appia Acquires High-Grade Uranium Prospective Property East of Athabasca Basin
Jun. 22, 2017 08:25AM PST
Energy InvestingAppia Energy (the “Company or “Appia”) (CSE:API)(CSE:API.CN)(CNSX:API)(OTC:APAAF)(FRANKFURT:A0I)(MUN:A0I)(BERLIN:A0I) is pleased to announce 100 % acquisition of a group of contiguous mineral claims by staking in northern Saskatchewan. The new property, named the Eastside property (the “Property”), is located 50 km east of the Company’s Loranger property and 85 km east of Cameco’s Rabbit Lake mill and …
Appia Energy (the “Company or “Appia”) (CSE:API)(CSE:API.CN)(CNSX:API)(OTC:APAAF)(FRANKFURT:A0I)(MUN:A0I)(BERLIN:A0I) is pleased to announce 100 % acquisition of a group of contiguous mineral claims by staking in northern Saskatchewan.
The new property, named the Eastside property (the “Property”), is located 50 km east of the Company’s Loranger property and 85 km east of Cameco’s Rabbit Lake mill and the eastern edge of the Athabasca Basin. The Property encompasses 4,736 hectares (11,702 acres).
Mr. James Sykes, VP exploration and development for Appia comments:
“The recent acquisition of the Eastside property is another positive step-forward for Appia. The Property complies with the Company’s objective of exploring for near-surface high-grade uranium deposits in the Athabasca Basin area.
We are encouraged by the number of boulders and outcrops exhibiting high concentrations of uranium in the area. Many uranium orebodies have been discovered by tracing radioactive boulders back up to their source.”