Stephen Burega Onsite at the Appia Alces Lake Project in Northern Saskatchewan

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In an exclusive onsite interview from the Alces Lake Project in Northern Saskatchewan, Stephen Burega, the President of  Appia Rare Earths & Uranium Corp. (CSE: API | OTCQX: APAAF), engages with Tracy Weslosky of InvestorIntel to share insights on the progress of the company’s drilling program. Burega praises the team’s efficiency and the advances made during his inaugural visit to the site, providing Weslosky and her audience with an up-close view of the operations.

He underscores the effective utilization of the budget, revealing that they have successfully completed one-third of the project and are strategically directing their efforts towards uncovering new targets. The interview includes a special appearance by Appia Project Geologist, Kahlen Branning, who offers viewers a glimpse into a core shed and elaborates on the critical minerals present in the samples, namely terbium, neodymium, and dysprosium.

Further into the discussion, Burega outlines the instrumental role of helicopters in the movement of drilling equipment, underscoring the operation’s logistical ingenuity. The conversation concludes on an optimistic note as Burega shares the promising future of the Alces Lake project and its potential in rare earth extraction.

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About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as 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 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The Company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Lastly, the Company holds the right to acquire up to a 70% interest in the PCH Project which is 17,551.07 ha. in size and located within the Goiás State of Brazil. (See June 9th, 2023 Press Release – Click Here)

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

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

This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.

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. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

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2 responses

  1. Rare Earths Investor Avatar
    Rare Earths Investor

    Any comments on Appia in relation to its RE and the potential interest of others be they private, public, or strategic concerns? Or is the story purely drill, drill?

    GLTA – REI

  2. LOUIS PEARSON Avatar
    LOUIS PEARSON

    Lynas has hit a speed bump. If Lynas does not prevail in its dispute with Malaysia, it will make the world all the more dependent on China in the rare earth space. It may spike the price of magnet metals until such time that Lynas can implement a workaround. In an indirect way, this highlights the importance of bringing Appia’s Alces Lake project and the SAS separation facility into production asap. Lou

    Lynas Rare Earths asks Malaysia court to review license
    Published Wed, Jul 26, 2023 · 4:57 pm

    “The licence conditions which limit operations at the Lynas Malaysia facility represent a significant variation from the conditions under which Lynas made the initial decision to invest in Malaysia,” the miner says. PHOTO: REUTERS
    Malaysia

    LYNAS Rare Earths said on Wednesday (Jul 26) it had approached Malaysia’s top court to review its licence to operate in the country, which has a condition that bars the miner from importing and processing lanthanide concentrate from January.

    The Australian company’s application comes after the Malaysian minister of science and technology dismissed the company’s appeals to scrap the condition a few months back.

    “The licence conditions which limit operations at the Lynas Malaysia facility represent a significant variation from the conditions under which Lynas made the initial decision to invest in Malaysia,” the miner said.

    “The judicial review proceedings now commenced seek review of the MOSTI (Minister of the Ministry of Science, Technology and Innovation) minister’s decisions to dismiss both of Lynas’ appeals.”

    Lynas, the world’s biggest producer of rare earths outside China, would have to shutter the cracking and leaching part of its rare earths processing plant in Malaysia if the conditions are not removed by 2024.

    That, in turn, could interrupt the supply of neodymium and praseodymium (NdPr), used in magnets as crucial components of everything from iPhones to weapons systems.

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