Category Archives: CSE
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.