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Appia Energy Corp.
Summary
| Project: | Loranger | |
|---|---|---|
| Deposit: | Loranger | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 5/24/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-5-2017: Appia Energy Corp. announces an Exploration/Drilling Update report for its Loranger deposit at the Loranger project. Drilling results incl. 28.1m @ 0.013% U3O8 from 81m. TORONTO, ONTARIO, May 24, 2017 – Appia Energy Corp. (the “Company or “Ap | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Thomas Skimming (Internal) | |
| ABSTRACT: | TORONTO, ONTARIO, May 24, 2017 – Appia Energy Corp. (the “Company or “Appia”) (CSE: API, APAAF.US OTC, Germany: “A0I.F”, “A0I.MU”, “A0I.BE”) is pleased to announce geochemical assay results from all seven drill holes of its winter diamond drilling program (the “Program”, see News Release dated April 04, 2017) on its Loranger property (the “Property”), located 28 km southeast of Cameco’s Rabbit Lake mill, Athabasca Basin, northern Saskatchewan. Six of seven drill holes returned assay results with greater than or equal to 0.01 wt% U3O8 (“uranium mineralization”, see Table 1 below for results). Geochemical assay results from drill hole LOR-17-004 returned a total composite down hole thickness of 72.9 m grading 0.012 wt% U3O8. Drill hole LOR-17-005 was drilled 150 m down-dip of LOR-17-004 and returned 26.4 m composite down hole thickness grading 0.014 wt% U3O8. Drill holes LOR-17-006 and LOR-17-007 were drilled 600 m and 1025 m SW along strike of LOR-17-004, respectively. LOR-17-006 intersected 56.85 m composite down hole thickness grading 0.012 wt% U3O8 and LOR-17-007 intersected 10.3 m composite down hole thickness grading 0.016 wt% U3O8. Drill holes LOR-17-004 to LOR-17-007 were drilled in the historical Royal Canadian Ventures Grid No. 2 drilling area (“RCV area”). The RCV area has multiple lenses of uranium-bearing pegmatites extending from surface down to current vertical depth limit of 260 m and extending over 2,200 m along strike. The RCV area pegmatites remain open in all directions. See Figure 1 for drill hole locations and Figure 2 for cross-section interpretation of drill holes LOR-17-004 and LOR-17-005. | |
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