Appia Intersects 72.9 Metres of Uranium Mineralization on the Loranger Property, Athabasca Basin

TORONTO, ONTARIO--(Marketwired - May 24, 2017) - Appia Energy Corp. (the "Company or "Appia") (CSE:API)(CSE:API.CN)(CNSX:API)(OTC:APAAF)(FRANKFURT:A0I.F)(MUNICH:A0I.MU)(BERLIN:A0I.BE) is pleased to announce geochemical assay results from all seven drill holes of its winter diamond drilling program (the "Program", see News Release dated April 04, 2017) on its Loranger property (the "Property"), located 28 km southeast of Cameco's Rabbit Lake mill, Athabasca Basin, northern Saskatchewan. Six of seven drill holes returned assay results with greater than or equal to 0.01 wt% U₃O₈ ("uranium mineralization", see Table 1 below for results).

Geochemical assay results from drill hole LOR-17-004 returned a total composite down hole thickness of 72.9 m grading 0.012 wt% U₃O₈. Drill hole LOR-17-005 was drilled 150 m down-dip of LOR-17-004 and returned 26.4 m composite down hole thickness grading 0.014 wt% U₃O₈. Drill holes LOR-17-006 and LOR-17-007 were drilled 600 m and 1025 m SW along strike of LOR-17-004, respectively. LOR-17-006 intersected 56.85 m composite down hole thickness grading 0.012 wt% U₃O₈ and LOR-17-007 intersected 10.3 m composite down hole thickness grading 0.016 wt% U₃O₈.

Drill holes LOR-17-004 to LOR-17-007 were drilled in the historical Royal Canadian Ventures Grid No. 2 drilling area ("RCV area"). The RCV area has multiple lenses of uranium-bearing pegmatites extending from surface down to current vertical depth limit of 260 m and extending over 2,200 m along strike. The RCV area pegmatites remain open in all directions. See Figure 1 for drill hole locations and Figure 2 for cross-section interpretation of drill holes LOR-17-004 and LOR-17-005.

The first three drill holes of the Program (LOR-17-001 to LOR-17-003) were drilled in a gravity low target area represented by intense brittle faulting and associated hydrothermal alteration. Drill hole LOR-17-001 intersected 0.011 wt% U₃O₈ over 0.25 m at 211.0 m drill hole depth in unaltered pegmatite and LOR-17-003 intersected 0.010 wt% U₃O₈ over 1.3 m at 98.6 m drill hole depth in clay altered semipelitic gneiss. In addition to U₃O₈, all gravity low target drill holes contain elevated boron (up to 404 ppm in LOR-17-002) throughout the faulted and altered zones. Elevated levels of boron (>100 ppm) are associated with some high-grade uranium Athabasca deposits and can be considered a critical element for Athabasca uranium exploration.

Mr. James Sykes, VP Exploration and Development for Appia comments; "We are pleased with the results from the first drill hole program on the Loranger property. Both drill targeted areas successfully identified unique uranium-bearing systems on the property. We are planning a follow-up drill program to concentrate on geophysical targets that share similarities with the previously drilled areas. The Company remains well-funded to continue exploration on the Property. The drill is onsite and will be ready for a quick re-start as soon as lake ice is removed and ground conditions are favourable".

Split core samples were taken arbitrarily over 0.1 to 1.4 m core lengths to correlate, as-best-as-possible, with scintillometer readings. Scintillometer ranges were not defined for sampling purposes. Field duplicates were taken systematically from every 20^th split sample. All drill core samples were shipped from the project site and hand-delivered to the Saskatchewan Research Council's ("SRC") Geoanalytical Laboratory in Saskatoon, SK.

Geochemical assay results were provided by SRC's Geoanalytical Laboratory, an ISO/IEC 17025:2005 (CAN-P- 4E) certified laboratory in Saskatoon, SK, for multi-element and U₃O₈ analysis using the ICPMS, U₃O₈ Assay and Boron Lab Packages (see SRC's Geoanalytical Laboratory's 2017 Services Schedule for information regarding laboratory sample preparation, quality assurance and quality control protocols; http://www.src.sk.ca/resource%20files/geoanalytical%20services%20schedule.pdf ). SRC's "Determination of U₃O₈ wt% in Solid Samples" is accredited by the Standards Council of Canada (Scope of Accreditation #537).

All geochemical results reported herein have passed rigorous internal QAQC review and compilation.

About Appia

Appia is a Canadian publicly-traded company in the uranium and rare earth sectors. The Company is currently focused on discovering high-grade uranium deposits in the prolific Athabasca Basin on its Loranger and Otherside properties, as well as high-grade REO and uranium surface showings on its Alces Lake joint venture. The company currently holds the surface rights to exploration for about 63,607 hectares (157,177 acres) in Saskatchewan.

The company also has NI 43-101 compliant resources of 8.0 M lbs U₃O₈ and 47.7 M lbs TREE Indicated and 20.1 M lbs U₃O₈ and 133.2 M lbs TREE Inferred in the Teasdale Zone plus 27.6 M lbs U₃O₈ Inferred in the Banana Lake Zone in the historic mining camp of Elliot Lake in Ontario (previously reported in the Company's news release dated August 14, 2013). The resources are largely unconstrained along strike and down dip

Appia currently has 52.3 million common shares outstanding, 65.3 million shares fully diluted.

The technical content concerning the Property and geochemical assay results in this news release was reviewed and approved by Thomas Skimming, P.Eng, a Director of Appia, and a Qualified Person as defined by National Instrument 43-101.

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 guarantees 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.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

TABLE 1: LORANGER PROJECT - WINTER 2017 DRILL HOLE U3O8 ASSAY RESULTS
DDH		Target Area		Az.		Dip		EOH (m)		From (m)		To (m)		Interval (m)		Vertical Depth (m)		U3O8 (wt%)
LOR-17-001		Gravity Low		135		-60		234.0		211.00		211.25		0.25		182.73		0.011*
								Composite Total						0.25				0.011*
LOR-17-002		Gravity Low		135		-60		146.8				No significant results
LOR-17-003		Gravity Low		135		-60		129.0		98.60		99.90		1.30		85.39		0.010*
								Composite Total						1.30				0.010*
LOR-17-004		RCV Trend		150		-60		240.0		21.85		23.00		1.15		18.92		0.016*
										29.30		30.00		0.70		25.37		0.014
										40.95		44.10		3.15		35.46		0.011*
										49.05		49.45		0.40		42.48		0.010*
										51.00		51.30		0.30		44.17		0.015
										63.80		67.50		3.70		55.25		0.016*
										81.00		109.10		28.10		70.15		0.013*
										118.30		134.90		16.60		102.45		0.011*
										155.30		173.60		18.30		134.49		0.012*
										187.10		187.60		0.50		162.03		0.016
								Composite Total						72.90				0.012*
LOR-17-005		RCV Trend		155		-60		303.0		83.50		83.60		0.10		72.31		0.016
										94.70		95.05		0.35		82.01		0.019
										100.10		100.70		0.60		86.69		0.014
										102.00		102.40		0.40		88.33		0.020
										105.40		105.80		0.40		91.28		0.019
										141.70		142.40		0.70		122.71		0.015
										143.20		143.60		0.40		124.01		0.013
										145.40		146.20		0.80		125.92		0.016
										158.80		159.50		0.70		137.52		0.012
										175.40		178.15		2.75		151.90		0.019*
										205.85		207.80		1.95		178.27		0.012*
										218.00		218.30		0.30		188.79		0.019
										226.60		226.80		0.20		196.24		0.011
										235.35		235.80		0.45		203.81		0.025
										243.90		246.00		2.10		211.22		0.012*
										267.25		269.40		2.15		231.44		0.010*
										274.15		276.45		2.30		237.41		0.010*
										278.05		278.90		0.85		240.79		0.012
										282.95		290.60		7.65		245.03		0.013*
										297.10		297.60		0.50		257.29		0.012
										300.00		300.45		0.45		259.80		0.011
										302.20		302.50		0.30		261.71		0.012
								Composite Total						26.40				0.014
DDH		Target Area		Az.		Dip		EOH (m)		From (m)		To (m)		Interval (m)		Vertical Depth (m)		U3O8 (wt%)
LOR-17-006		RCV Trend		150		-60		240.0		18.90		19.50		0.60		16.37		0.010
										33.15		33.90		0.75		28.71		0.017
										36.35		36.70		0.35		31.48		0.011
										38.70		39.50		0.80		33.51		0.011*
										41.35		41.85		0.50		35.81		0.010
										44.05		47.00		2.95		38.15		0.010*
										50.60		62.40		11.80		43.82		0.010*
										65.25		67.50		2.25		56.51		0.012*
										73.30		76.55		3.25		63.48		0.010*
										82.45		83.40		0.95		71.40		0.020
										88.80		94.70		5.90		76.90		0.010*
										98.40		99.00		0.60		85.21		0.019
										99.90		100.85		0.95		86.51		0.010*
										103.80		107.20		3.40		89.89		0.013*
										109.75		110.20		0.45		95.04		0.028
										128.80		129.00		0.20		111.54		0.010
										136.50		143.50		7.00		118.21		0.013*
										149.85		150.70		0.85		129.77		0.010
										155.55		156.70		1.15		134.71		0.010
										159.00		160.40		1.40		137.69		0.014
										168.00		176.60		8.60		145.49		0.013*
										183.40		184.95		1.55		158.82		0.032
										188.05		188.50		0.45		162.85		0.011
										201.10		201.25		0.15		174.15		0.020
								Composite Total						56.85				0.012
LOR-17-007		RCV Trend		150		-60		168.0		22.60		24.00		1.40		19.57		0.015
										27.40		27.80		0.40		23.73		0.035
										34.55		35.80		1.25		29.92		0.019
										40.40		40.65		0.25		34.99		0.014
										56.20		56.40		0.20		48.67		0.014
										64.20		65.60		1.40		55.60		0.017
										68.00		68.20		0.20		58.89		0.020
										69.00		71.20		2.20		59.75		0.010*
										81.00		81.30		0.30		70.15		0.012
										87.95		88.10		0.15		76.16		0.016
										93.50		93.75		0.25		80.97		0.014
										96.40		97.10		0.70		83.48		0.019
										103.30		104.90		1.60		89.46		0.018
								Composite Total						10.30				0.016

Cut-off grade = 0.01% U3O8

Maximum consecutive internal dilution = 3.0 m down hole

All true widths estimated to be ~50% of down hole intervals

*Grade composite calculations include Uranium (ppm) results by ICP-MS Total Digestion converted to U 3O8 (wt%) using a factor of 1.1792