Appia Energy Corp. (the "Company or "Appia") is pleased to announce i) the receipt of necessary work permits from the Saskatchewan Ministry of Environment and Saskatchewan Water Security Agency to complete ground gravity surveys and a diamond drill hole program, and ii) the commencement of ground gravity surveys on its Loranger property (the "Property"). The gravity surveys are being carried out by MWH Geo-Surveys Ltd. of Vernon, BC. The purpose of the surveys is to identify clay alteration halos that are commonly associated with Athabasca Basin high-grade uranium deposits. The Property is located 28 km southeast of Cameco's Rabbit Lake mill, Athabasca Basin, northern Saskatchewan.
The gravity surveys will cover approximately 13.8 km of the 94.0 km of primary structural corridors that were identified on the Property from the recently completed airborne VTEM™ Max EM and magnetic survey (see Appia News Release dated December 13, 2016). The first survey will cover the historic Royal Canadian Ventures Grid No. 2 area ("RCV area") where surface sampling and diamond drilling programs from 1977 to 1979 have identified uranium mineralization at surface and down to a vertical depth of approximately 100 m. The first survey will also cover a highly conductive structural corridor that continues for 2.5 km southwest of the last drill hole fence from the historic drill programs.
The second gravity survey will cover a conductive structural corridor on the west side of the Major Tabbernor Fault. This conductive structural corridor is interpreted to be the continuation of the same corridor as that identified in the RCV area. The Major Tabbernor Fault has been interpreted to have offset the conductive structural corridors over approximately 8 km. Figure 1 of this News Release outlines the locations of the proposed gravity surveys.
A diamond drill hole program is planned following the completion of the gravity surveys. The diamond drill hole program will consist of approximately 15 drill holes totalling 2,000 metres, and will be directed by James Sykes, who has had direct and indirect involvement with over 350 M lbs. U3O8 being discovered in five deposits in the Athabasca Basin. Drill holes will target the most prospective anomalies identified from both the recently completed airborne VTEM™ Max EM and magnetic surveys, and the current ground gravity surveys.