May 12, 2022 (Source) – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I.F) (FSE: A0I.MU) (FSE: A0I.BE) (the “Company” or “Appia”) is pleased to announce that as part of a metallurgical collaboration with CanmetMINING focused on beneficiation testing for the Alces Lake rare earths project, the Company has extracted a bulk sample from the Alces Lake discovery and will ship it to CanmetMINING within the next few days. The main objective of the testing program will be to optimize and improve the development of an Alces Lake project flowchart and confirm other materials testing that has already been carried out by other parties on the monazite from Alces Lake.
Federal R&D assistance is provided through a collaborative agreement with CanmetMINING, under its Critical Minerals Research, Development and Demonstration Program. This program targets research and development for the upstream processing of critical minerals and aims to stimulate the development of the battery and permanent magnet value chains in Canada.
Test work should include milling, flotation, magnetic separation, ore sorting and dense media separation (DMS). CanmetMINING scientists will work closely with the Company and its mineral processing consultants. The goal is to design and execute a complete and optimal testing approach that will produce a high quality rare earth mineral concentrate from the Alces Lake mineralized material.
A total of 0.9 tonnes of mineralized material was mined from the Alces Lake deposit and 0.6 tonnes will be shipped to SGS Canada’s facility in Lakefield, Ontario for crushing and sizing prior to testwork. The rest of the sample will be shipped at a later date. Once the preparatory work is completed, the sample will be shipped to CanmetMINING and the testing programs will begin.
CanmetMINING, a science and technology arm of the Lands and Metals sector of Natural Resources Canada, is a world leader in the development and deployment of green mining innovation technologies. Much of its research is undertaken in partnership with industry, provincial governments, other federal departments, universities and international organizations.
CanmetMINING’s $47.7 million Critical Minerals R&D program was funded through the 2021 federal budget to develop national value chains of critical raw materials and position Canada as a a global supplier of choice for critical mineral products. R&D focuses on 3 priority research areas: Battery Minerals, the Mining Valorization of Waste (MVfW) program, and Rare Earth Elements and other Critical Minerals. This collaboration with Appia in the field of REE and other critical minerals aims to advance the production of raw materials for permanent magnets in Canada.
2021 drilling results received
The Company is now receiving all assay results from 2021 and is currently analyzing and evaluating the information. A summary of the results should be published soon.
Appia began drilling at Lake Alces in mid-March 2022 and plans to drill much deeper holes than the 100 holes (approximately 8,075 meters) drilled in 2021. This is designed to allow Appia to determine continuity in depth and along identified rare earth mineralization trends. as the company works to release an initial NI 43-101 resource estimate for the region. With high grade REE mineralization now identified in numerous locations in an area covering approximately 27 km2 from the Alces Lake block, the Company believes the project has the potential to be a world-class source of monazite containing high-grade critical rare earths.
About the Alces Lake Project
The Alces Lake project encompasses some of the highest grades of total and critical rare earths* and gallium mineralization in the world, hosted in a number of surface and near-surface monazite occurrences that remain open at depth and laterally.
* Critical rare earth elements are defined here as those that are in short supply and in high demand for use in permanent magnets and modern electronic applications such as electric vehicles and wind turbines (i.e.: neodymium (Nd), praseodymium (Pr), dysprosium (Dy) and terbium (Tb)).
The Alces Lake project is located in northern Saskatchewan, the same provincial jurisdiction that is developing a “first-of-its-kind” rare earths processing facility in Canada (currently under construction by the Saskatchewan Research Council and expected to be operational in early 2023). The Alces Lake project area is 35,682 hectares (88,173 acres) in size and is 100% owned by Appia.
To ensure safe working conditions for the workforce, the Company has developed exploration guidelines consistent with Saskatchewan Public Health Orders and the Northern Administrative District Public Health Order. Saskatchewan to maintain social distancing and help prevent the transmission of COVID-19. 19.
The metallurgical content of this press release has been reviewed and approved by Mr. John Goode, P.Eng, Metallurgical Consultant to Appia’s Board of Directors and a Qualified Person as defined by National Instrument 43-101. The geological content of this press release has been reviewed and approved by Dr. Irvine R. Annesley, P.Geo, Advisor to Appia’s Board of Directors and a Qualified Person as defined by National Instrument 43-101. SRC Geoanalytical Laboratories’ management system operates in accordance with ISO/IEC 17025:2005 (CAN-P-4E), General requirements for the competence of mineral testing and calibration laboratories.
Appia is a publicly traded Canadian company in the rare earths and uranium sectors. The Company is currently focused on delineating critical high-grade rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside properties. , Loranger, North Wollaston and Eastside. The Company holds surface exploration rights for 105,026 hectares (259,525 acres) in Saskatchewan. The Company also holds a 100% interest in 12,545 hectares (31,000 acres), with deposits of rare earth elements and uranium on five mineralized zones in the Elliot Lake camp, Ontario.
Appia has 123.1 million common shares outstanding, 142.1 million shares fully diluted.
Caution Regarding Forward-Looking Statements: This press release contains forward-looking statements that are generally preceded, followed by, or include the words “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans” or similar expressions. Forward-looking statements are not guarantees of future performance as they involve risks, uncertainties and assumptions. We do not intend and undertake no obligation to update these forward-looking statements and shareholders are cautioned not to place undue reliance on these statements.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact:
Tom DrivasCEO and Administrator: (cell) 416-876-3957, (fax) 416-218-9772 or (email) [email protected]
Frederick Kozak, President: (cell) 403-606-3165 or (email) [email protected]
Frank van de WaterChief Financial Officer and Director, (tel) 416-546-2707, (fax) 416-218-9772 or (e-mail) [email protected]