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Appia Energy Corp.
Summary
| Project: | Alces Lake | |
|---|---|---|
| Deposit: | Alces Lake | |
| Location: | Canada | |
| Commodities: | Rare Earth | |
| Date: | 11/5/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-11-2019: Appia Energy Corp. announces an Exploration/Drilling Update report for its Alces Lake deposit at the Alces Lake project. Drilling results incl. 8.9m @ 7.575 wt% TREO from 9.8m. Toronto, Ontario--(Newsfile Corp. - November 5, 2019) - Appia Energ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Irvine R. Annesley (Not stated) | |
| ABSTRACT: | Toronto, Ontario--(Newsfile Corp. - November 5, 2019) - Appia Energy Corp. (CSE:API) (OTCQB: APAAF) (FSE: A0I.F) (FSE: A0I.MU) (FSE: A0I.BE) (the "Company" or "Appia) is pleased to announce the assay results from all 44 diamond drill holes of the completed 2019 Summer diamond drilling program (the "Program") on the Alces Lake property (the "Property"), northern Saskatchewan (see Table 1 for all assay results, Figure 1 and Table 2 for drill hole locations). Appia completed 2,042.1 m in 44 short drill holes, with 40 of those drill holes intersecting the Rare Earth Element ("REE") minerals system (the "System"), and 19 of those drill holes intersecting high-grade Total Rare EarthOxides ("TREO") reported in Table 1. The reported high-grade TREO intersections are hosted in one mineral, monazite. Coarse-grained monazite on Alces Lake has the potential for relatively easy metallurgical and extraction processes. Mr. James Sykes, Appia's Vice-President, Exploration and Development, comments: "The Program successfully proved that high-grade REE mineralization continues at depth. This highlights a vast exploration potential for the Property since our exploration efforts to date have been focused on a very small area, tested by mostly shallow drilling to less than 50 m depth, in order to understand the geological and structural controls of the System prior to expanding exploration efforts. To support this idea, we applied our working knowledge of the System in our last drill hole(s) (i.e., RI-19-001 and RI-19-002) and discovered a new high-grade mineralized body beneath the surface; the Richard zone. The Richard zone is important because; i) it proves that our minerals system exploration model works, and ii) the Richard zone might connect the Wilson and Charles zones together beneath the surface which would more than double the surface exposed high-grade mineralized strike length. The Richard zone, and those discovered beneath the Ivan zone (IV-19-012 and IV-19-003, for example), remain open along strike. These numerous discoveries reinforce our belief that the System at Alces Lake is larger and far more extensive than we currently know. We look forward to targeting more high-grade REE zones on the rest of the property." | |
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