EPISODE · Jan 29, 2025 · 8 MIN
Tom Drivas Discusses High Grade Rare Earths in Appia's PCH Ionic Adsorption Clay Project in Brazil
from Investor.News · host Investor.News
Appia Rare Earths & Uranium Corp. (CSE: API | OTCQB: APAAF) CEO and Director Tom Drivas recently joined Investor.News host Tracy Hughes to discuss the company’s latest advancements, particularly in Brazil, where Appia is focused on its PCH Ionic Adsorption Clay Project in Goiás State. Drivas highlighted the company's significant discovery in the region, stating, "This initial drill program exceeded our expectations… It’s highly unusual to drill three holes and have them all mineralized from top to bottom with high-grade rare earths, niobium, and phosphate." The company recently announced outstanding geochemical assay results from its diamond drilling program, which confirmed high-grade Total Rare Earth Oxide (TREO) mineralization in a carbonatitic breccia zone at the PCH project. These findings suggest substantial potential beyond the previously identified ionic adsorption clays, further strengthening Appia’s position in the critical minerals sector. Drivas also addressed the broader implications of these discoveries, emphasizing Brazil's mining-friendly jurisdiction and the growing support for critical minerals development. He noted that "the Brazilian Development Bank and the industry are putting together a fund of about $800 million to invest in critical materials like rare earths." This strategic environment, coupled with Appia’s promising assay results—including intercepts of up to 2.54% TREO over 12 meters—positions the company for significant growth. Beyond Brazil, Drivas discussed Appia’s ongoing work at the Alces Lake project in Saskatchewan, where the company has identified some of the highest-grade monazite-hosted rare earth deposits globally. With the Saskatchewan Research Council building a processing plant in Saskatoon, Drivas emphasized the synergy between Appia’s assets and emerging domestic processing capacity.
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Tom Drivas Discusses High Grade Rare Earths in Appia's PCH Ionic Adsorption Clay Project in Brazil
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