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Appia Intersects 72.9 Metres of Uranium Mineralization on the Loranger Property, Athabasca Basin
Appia Energy (the “Company or “Appia”) (CSE:API)(CSE:API.CN)(CNSX:API)(OTC:APAAF)(FRANKFURT:A0I.F)(MUNICH:A0I.MU)(BERLIN:A0I.BE) is pleased to announce geochemical assay results from all seven drill holes of its winter diamond drilling program on its Loranger property (the “Property”), located 28 km southeast of Cameco’s Rabbit Lake mill, Athabasca Basin, northern Saskatchewan. Six of seven drill holes returned assay results with greater than …
Appia Energy (the “Company or “Appia”) (CSE:API)(CSE:API.CN)(CNSX:API)(OTC:APAAF)(FRANKFURT:A0I.F)(MUNICH:A0I.MU)(BERLIN:A0I.BE) is pleased to announce geochemical assay results from all seven drill holes of its winter diamond drilling program on its Loranger property (the “Property”), located 28 km southeast of Cameco’s Rabbit Lake mill, Athabasca Basin, northern Saskatchewan. Six of seven drill holes returned assay results with greater than or equal to 0.01 wt% U3O8.
Geochemical assay results from drill hole LOR-17-004 returned a total composite down hole thickness of 72.9 m grading 0.012 wt% U3O8. Drill hole LOR-17-005 was drilled 150 m down-dip of LOR-17-004 and returned 26.4 m composite down hole thickness grading 0.014 wt% U3O8.
Drill holes LOR-17-006 and LOR-17-007 were drilled 600 m and 1025 m SW along strike of LOR-17-004, respectively. LOR-17-006 intersected 56.85 m composite down hole thickness grading 0.012 wt% U3O8 and LOR-17-007 intersected 10.3 m composite down hole thickness grading 0.016 wt% U3O8.
Mr. James Sykes, VP Exploration and Development for Appia commented:
“We are pleased with the results from the first drill hole program on the Loranger property. Both drill targeted areas successfully identified unique uranium-bearing systems on the property.
We are planning a follow-up drill program to concentrate on geophysical targets that share similarities with the previously drilled areas. The Company remains well-funded to continue exploration on the Property. The drill is onsite and will be ready for a quick re-start as soon as lake ice is removed and ground conditions are favourable”.
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