Commodities

Appia Energy's High-Grade Rare Earth Findings at Brazil Project

Published January 16, 2024

Exciting news has emerged from Appia Energy Corp.'s latest reanalysis of high-grade rare earth elements (REE) at its prosperous mining project, PCH Ionic Adsorption Clay Project in Goias, Brazil. The extensive reanalysis has revealed significant concentrations of total rare earth oxides (TREO), medium rare earth oxides (MREO), and heavy rare earth oxides (HREO). The highlight includes an impressive concentration of 92,758 parts per million (ppm) TREO, comprising 13,798 ppm MREO and 2,241 ppm HREO measured over a two-meter section. These results are part of a broader weighted average encompassing a twenty-four-meter span that demonstrated a concentration of 38,655 ppm TREO, 6,869 ppm MREO, and 1,380 ppm HREO.

Detailed Analysis of REE Concentrations

The high-grade findings from drill hole PCH-RC-063 pivotally influence the potential economic value of Appia Energy's Brazilian project. Concentrations of REEs such as these suggest the presence of a rich deposit, with TREO levels being a critical metric for gauging project viability. Moreover, the breakdown of TREO into MREO and HREO categories provides an insight into the diversity and quality of rare earth elements within the deposit, as MREO and HREO are particularly sought after for advanced technological applications.

Implications for Market and Investors

The announcement has potentially far-reaching implications for the rare earth market and investors interested in Appia Energy's endeavors. The robust concentrations of REEs underscore the project's potential to contribute significantly to the supply chain of these critical minerals. Investors following the company can align their strategies with the positive outlook presented by the reanalysis results.

Appia, TREO, MREO, HREO, Investment, RareEarth, Brazil, Mining, Analysis