- Appia Energy (API) has started the first of two radiometric surveys on its uranium properties in the Athabasca Basin in northern Saskatchewan
- The first radiometric survey has commenced over the North Wollaston property and will be followed by a second radiometric survey over the Loranger property
- Approximately 925 line kilometres will be flown over North Wollaston and 379 line kilometres flown over Loranger
- Appia is a Canadian company in the uranium and rare earth element sectors
- Appia Energy is up 1.19 per cent, trading at $0.86 at 1:57 pm ET
Appia Energy (API) has started the first of two radiometric surveys on its uranium properties in the Athabasca Basin in northern Saskatchewan.
The Toronto-based company is targeting at or near-surface, high-grade uranium and its associated mineral system.
The properties are near existing infrastructure in the prolific eastern Athabasca Basin area.
The first radiometric survey has commenced over the North Wollaston property and will be followed by a second radiometric survey over the Loranger property.
Approximately 925 line kilometres will be flown over North Wollaston and 379 line kilometres are scheduled to be flown over Loranger. Each survey will be flown with high-resolution 200-metre line spacing over the properties.
Appia will also have both properties covered with a VTEM survey. The radiometric surveys are expected to be completed very quickly with results reviewed, analyzed and released in the near future.
“We are delighted to be continuing our exploration program for uranium on the eastern edge of the Athabasca Basin. Our three properties at North Wollaston, Loranger and Eastside have shown the potential for near-surface, high-grade uranium mineralization and this year’s radiometric and VTEMTM surveys will advance the prospectivity knowledge for these project areas for future exploration activities,” said Appia President Frederick Kozak.
Appia is a Canadian company in the uranium and rare earth element sectors.
Appia Energy is up 1.19 per cent, trading at $0.86 at 1:57 pm ET.
