Appia Energy moves drill to Loranger property

Feb 27, 2019

2019-02-27 10:41 ET – News Release

Mr. Tom Drivas reports

APPIA MOBILIZES DIAMOND DRILL TO THE LORANGER URANIUM PROPERTY

Appia Energy Corp. has provided details regarding the company’s forthcoming diamond drilling program for high-grade uranium on the Loranger property. The property is located 28 kilometres southeast of Cameco’s Rabbit Lake mill, Athabasca basin area, northern Saskatchewan.

The planned diamond drill hole program will consist of approximately five to 10 drill holes totalling a minimum of 1,000 metres, and will be guided by the company’s vice-president, exploration and development, James Sykes, who has had direct and indirect involvement with five major discoveries in the Athabasca basin in the past decade, most notably leading the discovery of NexGen Energy’s Arrow high-grade uranium deposit.

The program will be targeting two or three areas which display coincidental geophysical features commonly exhibited with other Athabasca high-grade uranium deposits, such as i) broad gravity lows, ii) diminished and/or broken electromagnetic conductors, and iii) apparent magnetic lineation offsets.

Mr. Sykes comments: “We are very excited to start the winter drill program on the Loranger property. The 2017 drill program successfully intersected uranium mineralization over broad intervals in six out of seven drill holes carried out in two target areas. In addition, the 2017 summer prospecting program identified numerous radioactive occurrences, including bedrock outcrops that were not previously discovered. These details demonstrate that the Loranger property is fertile with uranium. Based on the coincidental geophysical features and geological interpretations from the 2017 programs, we feel confident the proposed winter target areas are highly prospective for uranium mineralization.”

Diamond drilling will be conducted by Revolution Diamond Drilling Ltd. of Smithers, B.C. All necessary exploration permits are in hand.

About Appia

Appia is a Canadian publicly traded company in the uranium and rare earth element sectors. The company is currently focusing on delineating high-grade critical rare earth elements and uranium on the Alces Lake property as well as prospecting for high-grade uranium in the prolific Athabasca basin on its Loranger, North Wollaston and Eastside properties. The company holds the surface rights to exploration for 64,045 hectares (158,259 acres) in Saskatchewan.

The technical content in this news release was reviewed and approved by Dr. Irvine R. Annesley, PGeo, adviser to the board of directors of Appia, and a qualified person as defined by National Instrument 43-101.

We seek Safe Harbor.

http://www.appiaenergy.ca/news/

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