Jack Lifton ignites the ‘who has the highest grade rare earths debate’ with Appia’s Tom Drivas

“The Alces Lake Project has the highest occurrence of rare earths in Canada, possibly in North America. In terms of monazite, possibly in the world. We have shown pictures of samples of monazite to SGS, and they haven’t seen anything like it — it is unique. We are getting up to 85% of monazite on the surface. In addition to that, we are getting up to 49% total rare earth over a few meters. We are not talking about grab samples. We have six-seven zones right on surface and then with some drilling that we did, we hit some blind zone subsurface. A few years ago the Saskatchewan government geologists went and looked at all the rare earths projects in Saskatchewan and Alces Lake Project came as number one.” States Tom Drivas, CEO, President and Director of Appia Energy Corp. (CSE: API | OTCQB: APAAF), in an interview with InvestorIntel’s Jack Lifton.

Tom went on to say that the Alces Lake Project is a 35,000-acre property and the company has looked at a very small area and there are many areas that have a lot of potentials. Tom also said that the project is located in Saskatchewan which is a top-rated mining jurisdiction in the world. All the rare earths in the Alces Lake Project is contained within coarse grain monazite and has the right mix of rare earths. About a quarter of the total rare earths are critical rare earths (neodymium, praseodymium, dysprosium, terbium).

To access the complete interview, click here

Disclaimer: The author of this Investor.News post, which is published by InvestorNews Inc., may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content on Investor.News, and InvestorNews Inc. does not accept opt-in payments from advertisers. While InvestorNews Inc. provides digital media services like video interviews and podcasts to advertisers, not all are paid promotions. Any sponsored video interview will be clearly marked in the summary. The author of this piece is not a licensed investment advisor and makes no recommendations to buy, sell, or hold any securities. If the author holds an investment advisor license, this will be stated in their biography. Conduct your own due diligence by reviewing public documents of any company. For our full legal notices and disclaimers, click here click here.

2 responses

  1. Graham Willett Avatar
    Graham Willett

    Hi Jack, Graham Willett here. The highest grade for total rare earths at Mt Weld was 41.3% over 9 metres in a hole that averaged 15% over 90 metres. Good luck to them.

    1. Jack Lifton Avatar
      Jack Lifton

      Graham, Thanks very much. The issue for Appia, of course, is the extent and average grade and accessibility of its high grade material. This can only be determined by a comprehensive drilling program. I do think though that the location of the Appia deposit will prove to make it cheaper to develop and supply than Mt Weld. Its up to the Canadian mining investment community now.

Leave a Reply

Your email address will not be published. Required fields are marked *