Jack Lifton with Appia’s Stephen Burega on the Significance of the Heavy Rare Earths’ Discovery in Brazil

May 13, 2024 — In an insightful interview with the Critical Minerals Institute (CMI) Jack Lifton*, Stephen Burega, President of Appia Rare Earths & Uranium Corp. (CSE: API | OTCQX: APAAF), delved into the promising rare earth developments at the company’s PCH project in Goiás State, Brazil. Burega discussed the initial desorption test results from the project, emphasizing their significance in confirming the ionic characteristics of the weathered Ipora granite. These results have been “quite attractive,” with Burega noting, “Some of the best that’s been seen.” This initial success has fueled optimism within the company, as further testing and optimization of the desorption processes are planned to enhance recovery rates. Burega proudly shared the mineral resource estimate announced on March 1st, highlighting two target areas, Target IV and Buriti, which revealed an estimated 52 million tons of material with an average grade of approximately 2700 ppm of Total Rare Earth Oxides (TREO).

Jack Lifton, providing context for the viewers, described the discovery as “potentially the most significant in the Western world for heavy rare earths”, particularly noting the high grade and ease of recovery compared to other known deposits. Lifton elaborated on the unique properties of the Ipora granite, suggesting that its younger geological age contributes to its superior grade and desorption characteristics. He also explained the relevance of these materials for high-performance magnets used in advanced technologies, emphasizing the importance of dysprosium and terbium found in the deposit. Burega agreed with Lifton’s assessment and pointed towards ongoing efforts to expand the exploration area, mentioning the promising indications across the 40,000 hectares property that could lead to the identification of new mineralization zones. The company maintains strong local community relations and governmental support, which Burega believes are crucial for the project’s future development. (*Jack Lifton is currently on the Advisory Board of Appia Rare Earths & Uranium Corp.) — To access the complete interview, click here

Don’t miss other InvestorNews interviews. Subscribe to the InvestorNews YouTube channel by clicking here

About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company holds the right to acquire up to a 70% interest in the PCH Ionic Adsorption Clay Project (See June 9^th, 2023 Press Release – Click HERE) which is 40,963.18 ha. in size and located within the Goiás State of Brazil. (See January 11^th, 2024 Press Release – Click HERE) The Company is also focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, and exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 94,982.39 hectares (234,706.59 acres) in Saskatchewan. The Company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario.

To learn more about Appia Rare Earths & Uranium Corp., click here

Disclaimer: Appia Rare Earths & Uranium Corp. is an advertorial member of InvestorNews Inc.

This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.