Tom Drivas Explores the Initial Rare Earth Mineral Resource Estimate from Appia’s PCH Ionic Adsorption Clay Project in Brazil
In this interview with Tracy Weslosky during PDAC 2024, Tom Drivas, CEO and Director of Appia Rare Earths & Uranium Corp. (CSE: API | OTCQX: APAAF) discussed the results from the maiden Mineral Resource Estimate for Appia’s PCH Ionic Adsorption Clay Project in Brazil. Announcing a significant 52.8 million tonnes of resource, Tom highlighted the presence of extremely high-grades of rare earths within this resource, showcasing some of the highest TREO (total rare earth oxide) grades globally.
Tom emphasized the project’s potential, stating, “We have only explored 1% of the total area… We have 40,000 hectares.” Tom also highlighted the project’s richness in magnet rare earths like neodymium and praseodymium, essential for producing permanent magnets in high demand. The addition of industry experts like Constantine Karayannopoulos, Jack Lifton and Don Hains, P. Geo to Appia’s Advisory Board underscores the project’s significance and potential.
Besides the project in Brazil, Appia is also advancing uranium exploration properties around the Athabasca Basin in Saskatchewan and has a significant uranium resource in Ontario at Elliot Lake. Notably, the company is also advancing its Alces Lake project in Saskatchewan, renowned for its high-grade critical rare earths in monazite.
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