New Earth Resources Announces Plans for Airborne Geophysics Surveys on its Red Wine Rare Earth Elements Project

Core Viewpoint - New Earth Resources Corp. has initiated planning for airborne geophysics surveys as part of the preliminary exploration program at its Red Wine Rare Earth Elements project in Newfoundland and Labrador [1]. Group 1: Project Overview - The Red Wine Project spans approximately 1,575 hectares and is located in the Central Mineral Belt of Labrador, primarily underlain by the Red Wine Complex lithologies, which are believed to have high potential for hosting rare earth element (REE) mineralization [4][10]. - The project area has a documented history of REE-bearing minerals and has been the target of exploration programs since the 1970s, revealing multiple discoveries of REE and associated commodities [5][10]. Group 2: Survey Details - The planned airborne geophysics surveys will utilize efficient 50-meter flight lines to gather data on geological characteristics and radioactive element anomalies, specifically uranium (U) and thorium (Th) [2][3]. - The company will conduct a magnetic survey to collect information on geological features and a radiometric survey to explore correlations between radioactive elements and REE target mineralization [3]. Group 3: Company Commitment - The exploration program reflects the company's commitment to advancing the Red Wine Project through systematic, data-driven approaches, aiming to leverage historical data and modern techniques to maximize the project's REE potential [4].