Northwire Canada EditionMonday, August 3, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Appia to Initiate Magnetotelluric (MT) Survey at the Otherside Uranium Property, Targeting Uranium-Prospective EM Conductor

API · Price

Executive Summary

  • Appia Rare Earths & Uranium Corp. has engaged Quantec Geoscience Ltd. to conduct a Spartan Magnetotelluric (MT) survey on its 100%-owned Otherside Uranium Property in Saskatchewan during Q1 2026.
  • The 49 km faulted EM conductor trend identified on the property is considered prospective for Athabasca‑style high‑grade uranium mineralization, comparable to NexGen Energy’s Arrow deposit.
  • Survey will consist of 84 MT stations spaced 200 m apart over ~17 days, with daily progress reports and preliminary 2D inversion sections to define drill‑ready targets.

Key Details

  • Survey Contractor: Quantec Geoscience Ltd. (Spartan MT survey).
  • Property: Otherside Uranium Property – 10,422 ha (≈10,442 ha), 100% owned, located ~28 km south of Fond‑du‑Lac, Saskatchewan, within the Athabasca Basin.
  • Geophysical Target: 49 km long faulted EM conductor trend analogous to NexGen Energy’s Arrow deposit.
  • Survey Scope:
  • 84 MT stations, each spaced 200 m apart.
  • Fieldwork duration ~17 days.
  • Daily progress reports; preliminary 2D inversion sections provided during the campaign.
  • Objectives of MT Survey:
  • Map subsurface resistivity to pinpoint key faults and conductive zones.
  • Highlight density contrasts indicative of alteration and structural features.
  • Outline lithological variations and basement trends.
  • Integration with Existing Data: Results will be combined with 2024 airborne gravity, magnetic data, and other datasets to confirm drill‑ready targets.
  • Management Comment: Tom Drivas, President, stated the MT survey is the final major dataset needed to define high‑confidence drill targets along the extensive conductor, advancing planning for the next drilling phase.
  • Qualified Person Review: Technical content reviewed and approved by Dr. Irvine R. Annesley, P.Geo., Senior Exploration Consultant (NI 43‑101 QP).

Notable Quotes

“The MT survey will provide the final major dataset needed to define high‑confidence drill targets along this extensive 49 km long conductor, advancing our planning toward the next phase of drilling.” – Tom Drivas, President, Appia Rare Earths & Uranium Corp.

Read the original news release →

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