Appia Energy Corp.
CNSX : API

Appia Energy Corp.

April 14, 2016 10:49 ET

Appia Appoints Director of Saskatchewan Operations

TORONTO, ONTARIO--(Marketwired - April 14, 2016) - Appia Energy Corp. (the "Company" or "Appia") (CSE:API) is pleased to announce the appointment of Mr. James Sykes to the role of "Director for Saskatchewan Operations". Mr. Sykes is an experienced and successful uranium geologist in the prolific Athabasca Basin, Saskatchewan.

Following his graduation from Earth Sciences (BSc) at Dalhousie University in 2006, Mr. Sykes joined Denison Mines as a field geologist and project manager working on the Wheeler River property. He was part of the team that prioritized the target areas that eventually became the Phoenix and Gryphon uranium deposits.

He also worked with Forum Uranium Corp. on a number of properties.

In 2008, he joined Hathor Exploration Ltd. during the early exploration stages of the Roughrider West deposit and he was part of the Roughrider East high-grade uranium discovery team, and led the exploration efforts on Hathor's Russell Lake project to discover three new zones of basement-hosted uranium mineralization.

Mr. Sykes joined Rio Tinto through the acquisition of Hathor from 2011 to 2013.

In 2013 Mr. Sykes joined NexGen Energy Ltd. for their initial exploration drill seasons in Saskatchewan, which included the Rook I property. He had a direct role in the discovery and continued advancement of the Arrow deposit.

He later joined Rojo Resources in a Technical Advisor capacity and is currently a Director for Economic Development in rural Saskatchewan.

Appia welcomes Mr. Sykes to its team. Mr. Sykes was involved in most of the recent significant uranium discoveries in the Athabasca Basin, and his experience and insight will greatly increase Appia's chances of exploration success in the Basin.

Mr. Sykes has been granted 500,000 share purchase options exercisable at $0.10 per share for a period of five years.

The Company currently has interests in 86,683 hectares (214,196 acres) of claims in the Athabasca Basin, Saskatchewan, some near the Patterson Lake South area as well as around other parts of the Basin.

Appia also controls 13,008 hectares (32,143 acres), including Rare Earth and Uranium Deposits, over five mineralized zones in the Elliot Lake Camp, Ontario, which historically produced over 300 million pounds of U3O8 and is the only Canadian camp that has had significant Rare Earth Element production. Watts, Griffis and McOuat Limited completed a NI 43-101 technical report on the Teasdale Zone (the "Technical Report") entitled, "A Technical Review of the Appia Energy Corp. Rare Earth and Uranium Property, Elliot Lake District, North-Central Ontario, Canada." dated July 18, 2011, with certificates dated November 7, 2012, written by Al Workman, P. Geo and Kurt Breede, P. Eng. Details of the Technical Report can be found on the SEDAR website, www.sedar.com.

Appia currently has 41.6 million common shares outstanding, 43.3 million shares fully diluted.

Cautionary Note Regarding Forward-Looking Statements: This News Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward -looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

Contact Information

  • Appia Energy Corp.
    Tom Drivas
    President, CEO and Director
    416-546-2707
    416-218-9772 (FAX)
    appia@appiaenergy.ca

    Appia Energy Corp.
    Frank van de Water
    Chief Financial Officer and Director
    416-546-2707
    416-218-9772 (FAX)
    fvandewater@rogers.com