ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Appia Announces Drilling Updates on ULTRA HARD ROCK Target and Auger Drilling on ULTRA IAC Target in Goias, Brazil

By: Newsfile

Toronto, Ontario--(Newsfile Corp. - December 9, 2025) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce that Ultra Rare Earth Inc. ("Ultra") is continuing with the diamond drill program, announced by Appia in its press release dated October 22, 2025, on the High Grade Zone on the project formerly known as the PCH Project. Ultra acquired a 50% interest in the PCH Project on October 31, 2025 (see Press Release dated November 3, 2025). Ultra is now the Operator of the PCH project. The High-Grade Zone has been renamed the ULTRA HARD ROCK carbonatite Target. The diamond drilling program under the supervision of Ultra continues to intercept carbonatitic breccia from surface to the end of hole. Ultra is continuing with the auger drilling commenced by Appia in August on the Taygeta, Merope and Gaia targets, which have been renamed the ULTRA IAC target and comprise the Taygeta, Merope and Gaia sectors respectively, confirming expansion in the area of the Ionic Adsorption Clay (IAC) Rare Earth Elements (REE). Appia holds a 25% interest in the ULTRA Hardrock and ULTRA IAC Projects, which is 42,932.24 ha. in size and located within the state of Goiás in Brazil.

Highlights

  • ULTRA HARD ROCK - 7,000 metres drilling campaign underway with three diamond drill rigs.
  • ULTRA HARD ROCK - 7 new drillholes already completed (1,513.5 metres) intercepting the carbonatite on all their extensions.
  • ULTRA HARD ROCK - Carbonatite intrusion remains open in all directions.
  • ULTRA HARD ROCK - The drillholes of this campaign are an extension of the three drillholes PCH-DDH-002, PCH-DDH-003, PCH-DDH-004 executed in 2024 that intercepted 150m @ 1.34% TREO, 0.13% Nb2O5 from surface; 147m @ 2.00% TREO, 0.23% Nb2O5 from surface; 153m @ 1.32% TREO, 0.20% Nb2O5 from surface respectively (see Press Release dated March 10th 2025).
  • ULTRA HARD ROCK - Carbonatite was intercepted at 300 metres true vertical depth and remains open at depth.
  • ULTRA IAC - 244 auger drillholes completed.

Tom Drivas, CEO & Director of Appia, commented: "The drill core results from the first three diamond drill holes of the October 2025 drill program were visually very similar to the results from the 2024 drill campaign; prompting Ultra to mobilize two additional drill rigs to site to expedite the drilling of an additional 20 holes (6,000 m) to complete the expanded drilling program by mid-to-January 2026."

The new drillholes are planned to reach up to 300 metres with the main goal being to delineate the dimensions of the carbonatitic intrusion and confirm the continuity of the grades already identified in the previous program. All the new drillholes on the ULTRA Hard rock carbonatite Target intercepted only carbonatitic breccial similar to the ones already tested (Figure 1). Assay results are pending, and initial results are expected by the end of the year.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/5416/277431_5b314cc934a28b25_001.jpg

Figure 1- Location of all drillholes completed to date on the Carbonatite.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/277431_5b314cc934a28b25_001full.jpg

Auger drilling on the IAC zones is progressing well with results on the Gaia sector showing similar grades and desorption characteristics to those found on the Merope and Taygeta sectors (Table 1). The auger drilling is now expanding the Taygeta sector and will be followed by auger drilling on the Merope sector (Figure 2). Assay results from the latest auger drilling on the Taygeta sector are pending.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/5416/277431_5b314cc934a28b25_003.jpg

Table 1 - Average grades found on each sector of the ULTRA IAC target. Please refer to Press Release dated January 22, 2025 regarding the results for the Taygeta and the Merope Zones.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/277431_5b314cc934a28b25_003full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/5416/277431_5b314cc934a28b25_005.jpg

Figure 2 - Location of all auger drillholes over Ultra IAC Target completed to date.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/277431_5b314cc934a28b25_005full.jpg

The technical content in this news release was reviewed and approved by Mr. Don Hains, P.Geo. Independent Consulting Geologist, and a Qualified Person as defined by National Instrument 43-101.

About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company holds a 25% interest in the Ultra Hardrock and Ultra IAC Projects, which is 42,932.24 ha. in size and located within the state of Goiás in Brazil.

The Company is also focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property and 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 94,982.39 hectares (234,706.59 acres) in Saskatchewan. The Company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario.

Appia has 194.4 million common shares outstanding, 206.8 million shares fully diluted.

Cautionary note regarding forward-looking statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

For more information, visit www.appiareu.com.

As part of our ongoing effort to keep investors, interested parties and stakeholders updated, we have several communication portals. If you have any questions online (X, Facebook, LinkedIn) please feel free to send direct messages.

Contact:

Tom Drivas, CEO and Director
(c) (416) 876-3957
e) tdrivas@appiareu.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277431

Recent Quotes

View More
Symbol Price Change (%)
AMZN  226.76
+5.49 (2.48%)
AAPL  272.19
+0.35 (0.13%)
AMD  201.06
+2.95 (1.49%)
BAC  54.26
-0.29 (-0.53%)
GOOG  303.75
+5.69 (1.91%)
META  664.45
+14.95 (2.30%)
MSFT  483.98
+7.86 (1.65%)
NVDA  174.14
+3.20 (1.87%)
ORCL  180.03
+1.57 (0.88%)
TSLA  483.37
+16.11 (3.45%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.