Brazil
Brazil: The PCH Rare Earths Ionic Clay Project
The PCH Project is located within the Tocantins Structural Province in the Brasília Fold Belt, more specifically, the Arenópolis Magmatic Arc. The PCH Project is 17,551.07 ha. in size and located within the Goiás State of Brazil. It is classified as an alkaline intrusive rock occurrence with highly anomalous REE and Niobium mineralization. This mineralization is related to alkaline lithologies of the Fazenda Buriti Plutonic Complex and the hydrothermal and surface alteration products of this complex by supergene enrichment in a tropical climate. The positive results of the recent geochemical exploration work carried out to date indicates the potential for REEs and Niobium within lateritic ionic adsorption clays.
Appia believes the PCH Project represents an exceptional opportunity in the increasingly important critical minerals sector that combines ionic clay development and primary rare earth mineralization. The Company’s due diligence review revealed remarkable geological prospects, outstanding assay values, and further expansion potential, providing an opportunity for growth and increase in share value for Appia shareholders.