Daily Newsletter

15 January 2024

Daily Newsletter

15 January 2024

Appia expands mining claims in Brazil

The expansion includes 12 new claims independently staked by Appia, incorporated into the project acquisition at minimal cost.

Umesh Ellichipuram January 12 2024

Appia Rare Earths & Uranium has announced an expansion of its mining claims at the PCH project in Goias, Brazil.

The expansion includes 12 new claims independently staked by Appia, which have been incorporated into the project acquisition at minimal cost.

The company's land package has grown by 133%, from 17,551.07 hectares (ha) to 40,963.18ha across 22 claim blocks.

Appia Rare Earths & Uranium president Stephen Burega said: “The expansion of our exploration rights to 40,963.18 hectares marks a pivotal moment for Appia in Brazil as we build on the momentum achieved through our initial drilling programme at the Target IV and Buriti zones.

“Our dedicated Brazilian team is eager to explore the untapped potential of the northern corridor, where similar geological and geophysical features have been identified.

“There is huge potential in these new claim blocks as we can draw clear parallels to the favourable geology that hosts the critical rare earth minerals that initially convinced us to enter into our agreement on the PCH project.”

The strategic move enhances Appia's potential for discovering critical mineral resources in this promising geological corridor.

Additionally, the new development is expected to open new avenues for exploration to the north of the existing claim zones.

Burega added: “Doubling the size of our overall land package within the prolific alkali province not only reflects our commitment but also strengthens the Company’s strategic plans.

“We aim to develop a series of potential target zones, extending the project focus for the benefit of our valued shareholders. This expansion underscores our dedication to unlocking the full spectrum of opportunities in Brazil’s mineral-rich landscape.”

One area of interest, Target IV, has been identified as a high-grade critical REE mineralisation zone, particularly in the south-west quadrant, where drilling has yielded exceptional results.

Furthermore, Appia's recent discovery zone, Buriti, has shown substantial findings of Scandium and Cobalt.

Drill hole PCH-RC-116 revealed significant mineralisation from the surface to 24m and remains open at depth, indicating the potential for further discoveries.

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