Core Insights - New Earth Resources Corp. is actively exploring its Lucky Boy uranium property, with recent geological fieldwork and sampling indicating potential for further mineralization [1][2][3] Exploration Activities - General exploration preparation began in late January 2026, involving grid soil sampling on 100-metre line spacing with 50-metre sample intervals, covering approximately 40% of the core area of known mineralization [2] - The company is encouraged by data suggesting that previous drilling in 2006 only tested the upper portions of the quartzite formation, indicating that deeper mineralization may exist [3] - Historic surface anomalies from Mobile Metallic Ion surveys in 2006 and radon gas surveys in 2023 suggest potential mineralization beneath an intrusive unit, with elevated radon values indicating a possible extension of uranium mineralization to the south and west [4] Ongoing Efforts - Current field efforts focus on completing grid soil sampling, detailed geological mapping, and identifying structural pathways for radon gas migration, with preliminary geochemical samples being sent for analysis [5] Company Overview - New Earth Resources Corp. is a Canadian mineral exploration company with a focus on acquiring and developing both advanced and early-stage projects, including the 100% owned Lucky Boy Uranium Property in Arizona, which spans approximately 273 acres and has historical production from the 1950s and 1970s [7] - The company also holds options for additional claims in Quebec and Labrador, expanding its portfolio into rare earth elements [8]
New Earth Resources Reports Ongoing Grid Sampling and Mapping at Lucky Boy Uranium Project
Globenewswire·2026-02-24 08:05