Appia Energy (TSE:API) has released an update.
Appia Energy has announced promising results from its first diamond drill hole at the PCH IAC rare earth project in Brazil, with significant findings including a high-grade total rare earth oxide (TREO) concentration of up to 2.23%. The drilling revealed a substantial mineralized zone with a true thickness of 217 meters, indicating the potential for a large-scale deposit. These results are particularly noteworthy for the upper levels and could signal a strong future for Appia Energy in the rare earths market.
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