Appia’s Tom Drivas on Progress in Brazil and “One of the Highest Grade Rare Earth Projects in NA”

Appia Rare Earths & Uranium Corp. (CSE: API | OTCQB: APAAF) delivered compelling developments at PDAC 2025, with CEO Tom Drivas highlighting significant progress in both Brazil and Canada. Drivas emphasized the company's Brazilian project in Goiás State, stating, "We've discovered rare earths in a carbonate environment...150 meters each, all mineralized from top to bottom with high-grade results." Appia's recent announcement of four new ionic clay zones at the PCH project reinforces this optimism, with exceptional grades and robust desorption results. Drivas shared, “We have four new zones of ionic clays with excellent grades…very good desorption results,” underscoring strong recovery rates for key magnet rare earth oxides such as neodymium (Nd) and dysprosium (Dy). The recent announcement revealing extensive ionic clay mineralization at targets like Taygeta and Merope, where desorption results reached up to 60% for NdPr (Praseodymium), further cements Appia’s promising outlook in Brazil.Turning to Canada, Drivas drew attention to the Alces Lake project in Saskatchewan, describing it as "one of the highest grade rare earth projects in North America and maybe even the world," with up to 85% monazite content. Recent exploration at Alces Lake included identifying multiple new zones, propelling the project "to another level," as Appia prepares for an ambitious 2025 exploration campaign. Drivas confidently asserted, "We've got one of the highest-grade rare earth potential deposits in North America and maybe the world," emphasizing its strategic value, especially given current geopolitical attention to critical materials.Finally, Drivas discussed Appia’s Elliot Lake property in Ontario, underscoring its substantial resource inventory, including approximately 55 million pounds of uranium and roughly "180 million pounds of rare earths" within the inferred and indicated categories. Reinforcing investor optimism, Drivas concluded, "It’s going to be very interesting and shareholders...it's going to be a really good time for them," suggesting an active forthcoming period marked by significant exploration milestones across Appia's expansive North American and Brazilian portfolios.