Appia Rare Earths and Uranium (Appia) is an exploration-stage resource company located in the Abitibi Greenstone Belt of Northern Ontario, Canada. Appia is focused on developing its portfolio of strategic, high-grade uranium and rare earths projects to become a major supplier of these raw materials to global markets.
Appia’s uranium and rare earths projects cover a total area of 8,847 hectares of prospective ground in the Abitibi Greenstone Belt. This is one of the world’s largest belts of greenstone with potential for economic discovery. This belt hosts numerous producing gold and base metal mines, as well as a number of large development stage projects.
The company’s flagship project is the Radio Hill uranium and rare earths deposit. This project has potential for a truck-rampable deposit that would be attractively situated for local processing. At Radio Hill, Appia has recently conducted a number of evaluation programs focused on increasing the mineral resources of the project. The company expects to complete a detailed resource estimate for the project in 2016.
Appia is also developing other adjacent projects with resource potential, as well as actively exploring new uranium and rare earths projects throughout the Abitibi Greenstone Belt. The company is currently exploring for both known deposits, and looking for both new discoveries and extensions of known mineralization.
Uranium has become an increasingly important resource in the face of a growing global demand due to its use in nuclear power production. Rare earths, which are used in a wide range of industrial applications, have also seen an increase in demand over the last few years.
By developing its portfolio of uranium and rare earths projects in Northern Ontario, Appia aims to become a major supplier of these key resources to global markets. The company’s experienced management team is poised to capitalize on this opportunity by advancing the projects to economic production.