Appia  Rare Earths & Uranium stock surges on massive monazite discovery as Alces Lake

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“Multiple results exceeding one percent total rare earth oxides from new targets, not explored before 2022, tells us we are just scratching the surface at Alces Lake,” Vice President Exploration Irvine Annesley said a news release. “With so much area left to explore we are excited about what remains to be discovered and new targets to be drilled.”

Following up on the success of Appia’s 2021 geological field work, a team of two field geologists conducted reconnaissance prospecting of previously unexplored or underexplored radiometric Th (and U) anomalies during the 2022 field season.

The team documented 13 new occurrences of visible monazite across the central portion of the Alces Lake property. Grab samples of anomalously radioactive bedrock were collected whenever possible. Of 34 outcrop grab samples, four returned grades exceeding 2 weight percent TREO and greater than half exceeded 0.1 wt.% TREO.

Appia said it has…

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