Issue link: http://resourceworld.uberflip.com/i/990287
J U N E / J U L Y 2 0 1 8 www.resourceworld.com 21 Exploring and developing high-grade uranium and critical rare earth element deposits in Canada's Athabasca Basin area of northern Saskatchewan and the historic mining camp of Elliot Lake, Ontario. Appia Energy Corp. : Suite 500, 2 Toronto St., Toronto, ON M5C 2B6 Tel: 416-546-2707 Email: appia@appiaenergy.ca www.appiaenergy.ca CSE:API OTCQB:APAAF.US Frankfurt:A0I.F Munich:A0I.MU Berlin:A0I.BE A clean energy company Appia v2 AD.indd 1 2018-05-11 11:41 AM China; the Makuutu Project in Uganda. The project has a poten- tial mine life of 30 years and is close to infrastructure. Production is planned to start in 2021. The company says the basket price for Makuutu ore once mined and the REEs separated will be worth US $28,500. Scandium International Mining Corp. [SCY-TSX; SCYYF- OTC] is focused on developing its Nyngan scandium project in New South Wales, Australia into the world's first scandium-only producing mine. The company has completed a feasibility study that delivered an expanded scandium resource, a first reserve figure, and an estimated 33.1% IRR on the project that was sup - ported by extensive metallurgical test work and an independent, 10-year global marketing outlook for scandium demand. The project has received all key approvals, including a mining lease, necessary to proceed with project construction. The company has signed a Letter of Intent with Grainger & Worrall Ltd. in Shropshire, UK, a manufacturer of precision sand cast parts, and engineering services, using both aluminum and steel alloys. The LOI calls for the company to contribute alumin - ium-scandium master alloy 2%, for mixing and trial-testing of proprietary alloys by GW. Search Minerals Inc. [SMY-TSXV] controls properties in three areas of Labrador – the Port Hope Simpson Critical Rare Earth Element District in SE Labrador; the Henley Harbour Area in Southern Labrador; and the Red Wine Complex located in Central Labrador. The Foxtrot deposit in the Port Hope Simpson area has a favourable PEA. At the Henley Harbour property: • Bad Bay and Iceberg Prospects – Dysprosium values from 195- 506 ppm; HREE+yttrium/Total REE+Y ranges up to 25.54%; niobium values range from 352 to 3,852 ppm and yttrium values range from 971 to 2,156 ppm; • St. Peter's Bay Prospect – Dysprosium values from 228-1,290 ppm; HREE+Y/Total REE+Y ranges up to 84.87%; niobium val - ues range from 1339 to 14862 ppm, and yttrium values range from 1,199 to 7,056 ppm; • Pleasure Pond – Dysprosium values up to 3,400 ppm (Dy 2 O 3 up to 4,500 ppm); HREE+Y/Total REE+Y ranges up to 65.07%; nio- bium values range up to 14,407 ppm, and yttrium values range up to 14,700 ppm. Torngat Metals (private) recently acquired Quest Rare Minerals and is developing the Strange Lake Project. Located 250 km northeast of Schefferville, Québec near the Labrador border, the advanced-stage exploration prospect hosts REEs and yttrium. It is one of the largest REE resources globally, with 100+ year supply at the projected production rate. The company is focused on pro - viding a sustainably produced supply of REEs used in permanent magnets (Dy and NdPr). It has plans to build an open pit mine and be the first in the world to deploy Lockheed Martin airships for transporting the mining equipment north to the site, and to trans- port a rare earth concentrate to southern Québec for processing and separation. n RARE EARTHS