Appia Rare Earths & Uranium (API.CN) started mobilization for its about 3,300-metre, 9-hole diamond drill program at its 100%-owned Alces Lake Rare Earth Elements (REE) Property in northern Saskatchewan on May 29, it said on Thursday.
Geologists, drilling crews and support personnel are expected to mobilize following completion of camp setup and site preparations, which are anticipated to be finalized within about one week.
"This drill program is designed to test high-priority REE targets at depth that exhibit strong geophysical similarities to the known WRCB and Magnet Ridge mineralized zones," said Appia Chief Executive Tom Drivas. "With camp mobilization now underway, we look forward to advancing the project and commencing drilling on these compelling targets."
Shares of the company were last seen unchanged at $0.19 on the Canadian Securities Exchange.