Toronto, Ontario--(Newsfile Corp. - March 1, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce that it will be exhibiting at the annual 2024 Prospectors & Development Association of Canada Convention (PDAC), the world's premier mineral exploration & mining event. We invite all our shareholders and conference delegates to visit us at booth #2715 in the Investors Exchange, South Building. The in-person event will be held at the Metro Toronto Convention Centre (MTCC) from Sunday, March 3^rd to Wednesday, March 6^th, 2024 (Click here for floor map).

Stephen Burega will also be presenting the Appia Corporate Update on March 6^th at 10:50 am during the Electric Materials 2 session located in room 801B.

Drop by and speak to the team with regards to our latest highlights (For recent news — Click Here).

Recent Highlights:

• The maiden MRE for the PCH Project is estimated at 52.8 million tonnes (Mt) comprising:
  • 6.6 Mt Indicated resource with a grade of 2,513 parts per million (ppm) total rare earth oxide (TREO).
  • 46.2 Mt Inferred resource with a grade of 2,888 ppm TREO.
• The deposit contains significant concentrations of Neodymium (Nd), Praseodymium (Pr), Dysprosium (Dy), and Terbium (Tb) which are the rare earth elements used in the production of permanent magnets and currently under high demand.
• The Company is currently undertaking a significant evaluation of the potential desorbed rare earth oxide (DREO), and results are pending.
• Significant anomalies of Scandium and Cobalt have been identified in the Buriti Zone, adding additional potential resource value to the project. (For the full press release, Click Here)

About Appia Rare Earths & Uranium Corp. (Appia)

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as 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. Lastly, the Company holds the right to acquire up to a 70% interest in the PCH Project (See June 9^th, 2023 Press Release - Click HERE) which is 40,963.18 ha. in size and located within the Goiás State of Brazil. (See January 11^th, 2024 Press Release - Click HERE)

Appia has 136.3 million common shares outstanding, 144.5 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.

To book a one-on-one 30-minute Zoom video call, please click here.

Contact:

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

Stephen Burega, President 
(c) (647) 515-3734 
(e) sburega@appiareu.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/200179