New Earth Resources Announces Comprehensive Exploration Program for its SL Rare Earth Elements Project
Globenewswire·2026-01-08 08:01

Core Viewpoint - New Earth Resources Corp. is initiating a strategic exploration program for the SL Project, which is prospective for rare earth elements in Quebec, Canada, aiming to systematically evaluate the project's potential and generate data for future targeting efforts [1][2]. Exploration Program Overview - The exploration program includes regional prospecting, airborne geophysics, and geochemical surveys to identify geological features and potential REE mineralization indicators [2][5]. - The SL Project consists of 23 claims covering approximately 1,102 hectares, with the company holding an option to acquire a 100% interest [2][11]. Geological Context - The property is located in the Southeastern Churchill Province, characterized by alkaline to calc-alkaline rocks, which are known for their REE endowments, similar to the nearby Strange Lake REE district [2][3]. - The lithological composition of the property includes granite, mangerite, and quartz monzonite, indicating a promising host for REE mineralization [3]. CEO Statement - The CEO of New Earth emphasized the importance of this exploration phase in unlocking the value of the SL Project and highlighted the company's commitment to responsible exploration practices [4]. Specific Exploration Activities - Regional prospecting will involve field teams systematically locating outcrops and collecting samples to assess REE potential [5]. - An airborne magnetic survey will be conducted to map geological features relevant to REE mineralization [5]. - Geochemical surveys will include lake bottom sampling and soil sampling to detect REE anomalies across the property [5].