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Appia Energy acquires 2 new properties in Saskatchewan

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Appia Energy acquires 2 new properties in Saskatchewan

Appia Energy Corp.said April 26 that it acquired two groups of contiguous mineral claims in Saskatchewan'sAthabasca Basin, the Otherside and the Loranger properties.

According to the company, the properties were staked on the basisof similar geological and geophysical signatures to known high-grade, large-tonnageuranium deposits in the Athabasca Basin — the Triple R deposit within 's projectand the Arrow deposit at NexGen EnergyLtd.'s Rook 1project.

Appia plans to carry out gravity and resistivity surveys overthe primary target areas within the Otherside property in order to elevate the propertyto a drill-ready status. The company also intends to undertake a VTEM airborne geophysicalsurvey at the Loranger property, followed by a ground gravity survey over priorityareas to bring the property to a drill-ready status.

The Otherside property spans 21,868 hectares, while the Lorangerproperty comprises 24,755 hectares of land, bringing the company's interests inthe area to a total of 83,037 hectares.