Appia Rare Earths outlines drill targets at Alces Lake

Executive Summary

• Appia Rare Earths & Uranium Corp. has identified several high-priority rare-earth-element (REE) drill targets at its Alces Lake project in Northern Saskatchewan, based on a 2025 ground gravity survey.
• The survey provided a detailed surface-to-600-metre 3-D view, refining anomalies from the 2024 airborne gravity gradiometer (AGG) survey and allowing the company to rank initial targets with greater confidence.
• Targets 1, 5, 6, and 7 are designated as first-order priorities for the planned 2026 diamond drill program, exhibiting geophysical similarities to the known high-grade WRCB zone and the large low-grade Magnet Ridge zone.

Key Details

• Survey Methodology: 2025 ground gravity survey providing a detailed surface-to-600-metre 3-D view.
• Data Refinement: High-resolution ground gravity data refined the shape and strength of multiple gravity features first recognized in the 2024 AGG survey, improving drill-planning confidence.
• Primary Drill Targets: Targets 1, 5, 6, and 7 are identified as first-order priorities for the 2026 diamond drill program.
• Geological Context: The priority targets share geophysical responses closely resembling those associated with the high-grade, near-surface WRCB zone and the large low-grade Magnet Ridge zone.
• Secondary Targets: Other identified zones from the ground gravity survey are considered favourable, second-priority drill targets to be sequenced into the 2026 and future programs.
• Structural Location: New priority targets occur along strike of WRCB and Magnet Ridge within the western margin of a northwest-southeast-trending regional structural corridor, supporting the hypothesis of intersecting mineralized rock packages at depth.
• Geophysical Interpretation: Targets 1, 5, 6, and 7 exhibit a similar gravity expression to WRCB and Magnet Ridge, characterized by a pronounced gravity gradient transition from low-density to high-density rocks. This transition is interpreted to host interlayered, folded pelitic-to-granitic gneiss with amphibolite, the mineralized lithologic package hosting REE-bearing abyssal pegmatites.
• Project Ownership: The Alces Lake project area is 35,682 hectares (88,173 acres) and is 100% owned by Appia.
• Technical Review: Technical content reviewed and approved by Dr. Irvine R. Annesley, PGeo, senior exploration consultant and a qualified person as defined by National Instrument 43-101.

Notable Quotes

• "Building on the AGG survey, the recent ground gravity program tightened our targeting and outlined several REE-prospective areas. With this added resolution, we can advance our upcoming 2026 drill program with greater confidence; the new targets share similarities with the high-grade WRCB and large Magnet Ridge along the same trend, supporting the potential for discovering new REE mineralization from surface to 600-metre depths." — Tom Drivas, Chief Executive Officer