2023-11-02 16:00:00 ET
Appia Rare Earths and Uranium (CSE:API,OTCQX:APAAF) reported "remarkable” drill results from the reverse circulation (RC) drilling campaign recently completed at its PCH ionic clay project in Goiás state, Brazil. CEO Tom Drivas said they plan to proceed with the resource calculation and a pre-feasibility study next year.
“We were very excited to see that all the 17 holes are mineralized, in most cases, from top to bottom. We knew that this mineralized zone had a 7 to 8 meters depth. Now, with our drilling, we extended the average depth to about 13 meters which means we doubled the size,” Drivas explained.
“We knew there were about 1,200 parts per million rare earths in those 7 to 8 meters. The average grade that we got from the 17 drill holes is over that, which is 1,566 parts per million rare earths.”
For further details see:
Appia Eyes Resource Calculation After ‘Exciting’ Drill Results at Rare Earths Project in Brazil