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.

AppiaEnergy-ResearchCapitalMay27,2021