New Earth Resources Announces Plans for Lake Bottom Sediment Sampling Survey on its SL Rare Earth Elements Project

Core Viewpoint - New Earth Resources Corp. has initiated planning for a lake bottom sediment sampling program at its SL Project in Quebec, aimed at evaluating the potential for rare earth elements (REE) and generating regional data for future exploration targeting [1][6]. Group 1: Project Overview - The SL Project consists of 23 claims covering approximately 1,102 hectares, with the company holding an option to acquire a 100% interest [8][15]. - The project is located in the Southeastern Churchill Province, characterized by alkaline to calc-alkaline rocks, which are known for their REE endowments, particularly in the nearby Strange Lake REE district [8][9]. Group 2: Sampling Program Details - Approximately 85% of the SL Project area is covered by a lake, necessitating a regional lake bottom sediment sampling program to identify potential subsurface REE mineral occurrences [2]. - The sampling will utilize a systematic grid pattern with a nominal density of 10-15 samples per square kilometer, adaptable based on specific targets or lake availability [3]. - The campaign is scheduled for late winter to early spring (February to April), leveraging ice cover for safe and cost-effective access while minimizing environmental disturbance [4]. Group 3: Objectives and Benefits - The sediment sampling program aims to provide a rapid, cost-effective, and comprehensive regional geochemical assessment, allowing the company to delineate high-potential REE targets and optimize future exploration expenditures [5]. - The initiative represents an application of advanced exploration techniques to better understand the project's geology and generate detailed regional data for future targeting [6].