- Appia Rare Earths & Uranium Corp. (CSE:API) begins 2023 exploration and drilling programs at its Alces Lake Project
- The company said it will focus on determining high priority drill targets along the mineralized, structural corridor leading SSE from the Magnet Ridge up to 20 kilometres
- Based on 2022 drilling results, Appia will conduct a 5-phase program
- This will include a prospecting and sampling program, selective drilling of priority targets and airborne gravity-magnetics-radiometrics
- Shares of Appia Rare Earths are up 6.25 per cent to C$0.17 as of 11:17 a.m. EDT
Appia Rare Earths & Uranium Corp. (C.API) begins its 2023 exploration and drilling programs at its Alces Lake Project in Saskatchewan.
In a press release, the company said 2023 work will include determining high-priority drill targets along the mineralized structural corridor, leading SSE from the Magnet Ridge for over 20 kilometres.
“Targets will be chosen based on their radiometric signature, and followed-up by extensive ground-truthing with spectrometers and a handheld XRF unit to ensure our drill campaign tracks the continuity of mineralization controlled by this important structural corridor,” Stephen Burega, president of Appia, said in a statement.
Burega added the company hopes new surface zones will include high-grade REE mineralization and near-surface bulk tonnage variable-grade mineralization.
The company will also conduct a 5-phase program that will include a prospecting and sampling program followed up by selective drilling of priority targets.
The Alces Lake project contains some of the highest-grade total and critical REEs and gallium mineralization in the world. The company owns 100 per cent interest in the project, which spans 38,522.43 contiguous hectares.
Shares of Appia Rare Earths (C.API) are up 6.25 per cent to C$0.17 as of 11:17 a.m. EDT .
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