Category Archives: Critical rare earth
Appia acquires Brazilian Ionic Clay Property
There has been a lot of excitement at Appia Rare Earths and Uranium Corp. since PDAC 2023!
The acquisition of a Brazilian ionic clay property has caused a lot of eyebrows to be raised because a property like this doesn’t come around every day. It was apparently pursued by various highly interested companies but Appia came out with the prize.
The Cachoeirinha Project (the “PCH Project”) is located in the Tocantins Structural Province of the Brasília Fold Belt, Goiás State, Brazil. Here is the press release announcing the acquisition plus initial assay results:
https://www.appiareu.com/news/releases/appia-receives-positive-assays-results–announces-plans-to-proceed-with-the-acquistion-of-ionic-clay-project-brazil
Disclaimer: The editor of The Canadian Junior Report is a long time shareholder of Appia stock and may buy or sell at any time.
China Restricts Additional Rare Earth Metals
China is continuing on its path of restricting export access to certain metals.
As of August 01, 2023 germaniun and gallium have been added to the list. This is in addition
to restrictions on various rare earth metals which began as export quotas around 2010.
China controls around 90% of the supply of rare earth minerals as well as control of technologies surrounding the manufacture of products using these metals.
China has been enacting a policy of increasing restrictions on exporting these metals and technologies
causing western countries to scramble to put together their own supply chains. A large premium has been put upon getting production into place since these various metals are essential to western defense department This puts them in the category of national security resources. Not to mention the electric vehicle explosion requires these metals as well as many other technologies developed in recent years such as wind turbines, batteries, solar devices and so on.
Here is a link to an article about the latest restrictions of germanium and gallium written by the publication TheHill.com.
TheHill.com article
Junior Exploration Companies 2023 Update
After experiencing what appears to be a bottoming phase in market cap/share prices prices in October 2023, it appears that the worst may be over for investors in the junior company exploration sector.
The market caps of many of the companies on the junior exchanges have risen 20% to 100% or more and many have held their gains – much to the relief of battered investors.
There are various reasons for the cyclical nature of this sector, some easier to identify than others.
The demand for traditional as well as more exotic minerals is not going away anytime soon it appears. In fact there is incredible demand for some metals and minerals in our current technological society.
-For example the demand for lithium hydroxide seems to know very few bounds and the price has soared to $79,000.00 per ton (U.S).
Lithium Chart- Feb 01, 2023
Lithium is used in batteries for the electric vehicle market and this has spurred a major amount of exploration activity for new lithium deposits around the globe.
-Demand for copper is reportedly going to reach unheard of numbers in the near future as well, although price has not really reflected that as of yet. As seen on the internet, a report from S&P Global forecasts that “global demand for the metal could double by 2035, from 25 million metric tons to 50 million metric tons.”
The report also stated that “by 2030, supply from both existing and projected copper mining activities will meet just 80% of our needs.”
Copper Charts from Kitco.com
-In fact all of the minerals used in electric vehicles such as copper, aluminum, manganese, indium, rare earth elements, helium, cobalt, graphite and potash are apparently much needed in our society moving ahead.
-This is not even mentioning the uranium sector which is really a great solution for a lot of our energy problems according to many experts in the field, as the carbon generation is virtually non-existent with nuclear energy.
-So in speaking for weary investors, we say let the good times return to this sector, it has been a long wait!!
PDAC 2022 ‘Prospectors & Developers Association of Canada’ 90th Year
Exciting News: The PDAC is back in person in 2022, for its 90th birthday!
The date of the show will now be held from June 13-15 in person and June 28-29 online.
This is a change from the usual spot in early March, probably due to ongoing pandemic considerations.
After 2 years of being hosted online only due to the Covid pandemic it appears 2022 will see the world renowned Prospectors and Developers Association of Canada back in all it’s glory.
Also looks like this years event will be busy as we see this announcement on the official website:
“Please note that exhibit space for the in person portion of the Trade Show is sold out. See below for more details.” Prior years regularly have seen well over 30,000 attendees so we expect the event to be very busy this year given that the pandemic measures continue to normalize.
You can register by clicking this link: PDAC 2022 Registration
-The location for exhibits and trade show events at the Metro Toronto Convention Centre in downtown Toronto at 222 Bremner Boulevard, Toronto Canada.
As usual we expect to see various company parties and evening events hosted at other venues in the surrounding downtown area as in pre covid years. There is usually a list of events posted in the lobby of the Royal York Hotel and
flyers posted and so on in the convention area and at the exhibit booths.
2022 promises to be a very exciting year as there has been a lot of important discoveries and the term ‘commodities supercycle’ has become popular lately, as well as the need for certain metals to support national defense and various industries that rely on a secure supply of metals for their products. This has lent a more than usual sense of urgency to the important task of finding new mineral resources.
Hope to see you there!
Editor,
The Canadian Junior Report
PDAC Contact Address:
–Prospectors & Developers
Association of Canada
800-170 University Avenue
Toronto, Ontario M5H 3B3
416 362 1969
info@pdac.ca convention@pdac.ca
API:CSE-Appia Announces Assay Results, Additional Land Acquisitions, A New Discovery And Drilling Update
Sept 01, 2021
Appia Energy Corp. continues to move full speed ahead with their 2021 exploration program at Alces Lake, Saskatchewan. Having recently added critical metals expert Jack Lifton to the Advisory Board, and with 13 geologists working at the project plus a winter camp set-up there is a lot of excitement in the air!
Recent results have added to the energy surrounding the Alces Lake rare earth/critical rare earth prospect with additional land being acquired.
“Acquisition of a further 11,055.4 hectares (27,318.5 acres) of land contiguous to the claim block at
Alces Lake, increasing the 100% owned landholdings to 35,682.2 hectares (88,,172.7 acres),
doubling the landholdings from the start of the 2021 exploration season.”
NEW ZONE DISCOVERED:
The Sweet Chili Heat zone (“SCH”), among others (Figure 2), is a new discovery that was found as a direct
result of the new airborne survey. As a result of the analysis of the geophysical data and geologic work done at the location, the SCH zone has been prioritized for drilling in the near future. Monazite mineralization has an exposed strike length of ~25m, with elevated radiation readings continuing under ground cover for an additional ~30m. Observed mineralization indicates that the SCH is a highly prospective target.”
DIAMOND DRILLING
With two drills active on the property, there are so many occurrences to explore that the diamond drilling program is being extended from 5000 meters to a possible total of 10,000 meters. As was mentioned earlier there is now a winter camp set-up and earlier grab samples have been assayed by the SRC (Saskatchewan Research Council) laboratories. With all this activity and focus we can expect a steady flow of news from Appia moving forward.
We will continue to follow this company on their exciting journey to become a rare earth/critical rare earth producer right here in our own Canadian back yard, one of the highest grade discoveries in the world.
Disclaimer:
Editor owns shares in this company and may buy or sell at any time.
Appia Energy-Research Capital Corp. Initiating Coverage-May 31, 2021
Research Capital Corp. has just initiated coverage on Appia Energy Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I.F) (FSE: A0I.MU) (FSE: A0I.BE)
The report is focused on their Lake Alces high grade rare earth property in Saskatchewan.
This is a comprehensive 25 page report and is well worth the read if you are interested in exposure to rare earth mineralization projects with potentially explosive upside.
The high grades Appia has found so far rank 2nd in the world at around 16% according to the company and there are plenty of other reasons to take a very close look at what this company has to offer.
AppiaEnergy-ResearchCapitalMay27,2021
One great stroke of luck for Appia is a rare earth processing facility is currently being built in the same jurisdiction by the Saskatchewan Research Council (SRC). This $31 million facility is like a dream come true to a junior, especially with their early exploration results are showing high grade rare earth and critical rare earth mineralization in monzanite host rock.. This is significant because the method of processing rare earth minerals found in monzanite are well established.
(From the Research Capital Report)
“As noted above, the Saskatchewan government is constructing a 3,000 tonne per year REE processing facility north of Saskatoon – the first facility of this kind in Canada. The government intends the facility to act as a catalyst to drive the growth of the REE industry in Canada by “providing the early-stage supply chain needed to generate industry investment and growth”. The new
facility is expected to be operating in the fall of 2022.”
Appia is just about to start a $5 million diamond drilling program on Alces Lake where they have identified at least 70 targets so far on their 34,000+ hectare property.