Appia Provides 2022 Drilling Update for WRCB and Augier and Confirms Continuity of Very Significant Augier Discovery at Alces Lake Rare Earth Property, Northern Saskatchewan

Toronto - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I0) (FSE: A0I.F) (FSE: A0I.MU) (FSE: A0I.BE) (the 'Company' or 'Appia') is pleased to provide an update on 2022 drilling, particularly related to the new discovery zone at Augier, on the 100%-owned Alces Lake high-grade rare earth elements ('REE') and gallium property, Athabasca Basin area, northern Saskatchewan.

Highlights

Program total of 54 holes drilled so far in 2022 with a total of 10,047 metres drilled in less than 10 weeks - congratulations to the Alces Lake team!

Expansion of WRCB area along strike to the southeast with no boundary found to date.

Total of 24 holes drilled in 2022 on the Augier discovery confirm a thick zone of anomalous radioactivity in REE-bearing pegmatite. Delineation drilling is continuing.

Augier discovery is a potential AMP zone look-alike - waiting on assay results to assess.

Frederick Kozak, President of Appia said: 'The Augier discovery is a significant rare earth-bearing zone within what appears to be a continuous km-scale geological structure. It is massive - the radiometric anomaly is 300 metres in strike length and 175 metres wide. The mineralized interval is up to 70 metres in drilled width and has been intersected over 100 metres down dip. So far, the zone is open to the NNW, SSE and down-dip, it has no boundaries and it outcrops at surface. We eagerly await the assay results to determine just how big a REE discovery we have made.'

Augier Discovery -positive drilling results

As previously reported, the Augier discovery was prospected in 2018 and was channel sampled in 2021. The 2021 assay results returned 7 metres of 0.57wt% TREO with intervals of 1.35 wt% TREO (0.59 metres) and 1.57 wt% TREO (0.40 metres). The discovery is located approximately 1,500 metres directly southeast of the WRCB area, along a well-defined kilometres-scale structural corridor.

About the Alces Lake Project

The Alces Lake project encompasses some of the highest-grade total and critical REEs and gallium mineralization in the world, hosted within several surface and near-surface monazite occurrences that remain open at depth and along strike.

Critical rare earth elements are defined here as those that are in short-supply and high-demand for use in permanent magnets and modern electronic applications such as electric vehicles and wind turbines (i.e: neodymium (Nd), praseodymium (Pr), dysprosium (Dy) and terbium (Tb)).

Appia commenced drilling at Alces Lake in mid-March 2022 and plans to drill significantly deeper holes compared to the 100 holes (approximately 8,076 metres) drilled in 2021. This is designed to allow Appia to determine continuity at depth and along the identified REE mineralization trends as the company works towards a maiden resource estimate in accordance with NI 43-101 for the area. With high-grade REE mineralization now identified in many locations within an area covering approximately 27 km2 of the Alces Lake block. the Company believes the project has the potential to be a world-class source of high-grade critical rare earth bearing monazite.

The Alces Lake project is located in northern Saskatchewan, the same provincial jurisdiction that is developing a 'first-of-its-kind' rare earth processing facility in Canada (currently under construction by the Saskatchewan Research Council and scheduled to become operational in early 2023). The Alces Lake project area is 35,682 hectares (88,173 acres) in size and is 100% owned by Appia.

To ensure safe work conditions are met for the workforce, the Company has developed exploration guidelines that comply with the Saskatchewan Public Health Orders and the Public Health Order Respecting the Northern Saskatchewan Administration District in order to maintain social distancing and help prevent the transmission of COVID-19.

All lithogeochemical assay results were provided by Saskatchewan Research Council's Geoanalytical Laboratory, an ISO/IEC 17025:2005 (CAN-P-4E) certified laboratory in Saskatoon, SK. All analytical results reported herein have passed internal QA/QC review and compilation.

About Appia

Appia is a Canadian publicly-listed company in the rare earth element and uranium sectors. The Company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 105,026 hectares (259,525 acres) in Saskatchewan. The Company also has a 100% interest in 12,545 hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario.

Cautionary Note Regarding Forward-Looking Statements

This News Release contains forward-looking statements which are typically preceded by, followed by or including the words 'believes', 'expects', 'anticipates', 'estimates', 'intends', 'plans' or similar expressions. Forward-looking statements are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward- looking statements and shareholders are cautioned not to put undue reliance on such statements.

Contact:

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