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

Executive Summary

• New Earth Resources Corp. announced the commencement of planning for a series of airborne geophysical surveys (magnetic and radiometric) at its Red Wine Rare Earth Elements project in eastern Newfoundland and Labrador.
• The surveys will use 50‑metre flight lines to collect magnetic, structural, lithological, and radioactive element (U & Th) data to support the preliminary exploration program.
• The initiative underscores management’s commitment to a data‑driven approach for advancing REE potential in the Central Mineral Belt.

Key Details

• Survey Design: 50 m spaced flight lines covering the 1,575‑hectare Red Wine property; includes both magnetic and radiometric components.
• Objectives: Identify geological structures, lithological variations, and U/Th anomalies that may correlate with REE mineralization.
• Project Context: The Red Wine area hosts historic discoveries of Nb, Be, REE, Zr, Th, and other critical minerals within peralkaline volcanic and plutonic rocks.
• Qualified Person: Technical content reviewed and approved by Babak V. Azar, P.Geo., in accordance with NI 43‑101.
• CEO Comment: Lawrence Hay stated the program “underscores our commitment to advancing the Red Wine Project through methodical, data‑driven approaches.”

Notable Quotes

“This exploration program underscores our commitment to advancing the Red Wine Project through methodical, data-driven approaches,” – Lawrence Hay, President & CEO, New Earth Resources Corp.