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Appia expands mining claims in Brazil

Published by , Editorial Assistant
Global Mining Review,

Appia Rare Earths & Uranium Corp. has announced the extension of its existing mining claims at the PCH project in Goias, Brazil from 17 551.07 ha. to an expansive 40 963.18 ha. across a total of 22 claim blocks.

This substantial 133% increase in the current land package includes 12 new claims independently staked by the company, but included as part of the project acquisition, incurring minimal costs. This strategic expansion provides Appia with an opportunity to explore this promising geological corridor to the north of its current claim zones, unveiling new avenues for potential critical mineral resource discoveries.

“The expansion of our exploration rights to 40 963.18 ha. marks a pivotal moment for Appia in Brazil as we build on the momentum achieved through our initial drilling programme at the Target IV and Buriti zones,” commented Stephen Burega, President, “Our dedicated Brazilian team is eager to explore the untapped potential of the northern corridor, where similar geological and geophysical features have been identified.”

Burega added, “There is huge potential in these new claim blocks as we can draw clear parallels to the favourable geology that hosts the critical rare earth minerals that initially convinced us to enter into our agreement on the PCH project. Doubling the size of our overall land package within the prolific alkali province not only reflects our commitment but also strengthens the company’s strategic plans. We aim to develop a series of potential target zones, extending the project focus for the benefit of our valued shareholders. This expansion underscores our dedication to unlocking the full spectrum of opportunities in Brazil’s mineral-rich landscape.”

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Precious metals mining news Brazilian mining news