New Earth Resources Reports Ongoing Grid Sampling and Mapping at Lucky Boy Uranium Project
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New Earth Resources Reports
Ongoing Grid Sampling and
Mapping at Lucky Boy Uranium
Project
February 24, 2026 | Source: New Earth Resources Corp.
Vancouver, British Columbia / February 24, 2026 – NEW EARTH RESOURCES CORP. (CSE:
EATH) (“New Earth” or the “Company”) is pleased to provide an update on its ongoing
exploration activities at its past-producing Lucky Boy uranium property (the “Project”).
General exploration preparation followed by geologic fieldwork commenced toward the end of
January 2026 and includes grid soil sampling on 100-metre line spacing with 50-metre sample
intervals, in conjunction with detailed geological mapping. To date, approximately 40% of the core
area of known mineralization has been systematically grid sampled.
The Company is particularly encouraged from data suggesting that a relatively shallow reverse
circulation (RC) drilling program conducted in 2006 tested only the upper portions of the quartzite
formation hosting the uranium mineralization. Project site mapping and regional study of the
quartzite host unit has established that intrusion of a low-angle, 50 to 100-metre-thick dark
intrusive dike rock did serve to obscure much of the lithology hosting mineralization.
Historic surface anomalies identified by both Mobile Metallic Ion (“MMI”) surveys in 2006 and
radon gas surveys conducted on the Project in 2023, may indicate a potential response to
mineralization beneath the intrusive unit. Elevated radon values are suggestive that the trend of
the uranium mineralization could extend to the south and west under cover.
Field efforts in progress will remain focused on completing grid soil sampling, detailed geologic
mapping and include efforts to identify structural pathways guiding the migration of radon gas.
Preliminary geochemical sampling has been completed and will be shipped to Paragon
Geochemical followed by further rock and soil samples.
Qualified Person
The scientific and technical information in this news release has been reviewed and approved by
Mr. Warren Robb, P.Geo., a consulting geologist for the Company and an independent qualified
person as defined by National Instrument 43-101.Historical reports respecting the Property were
reviewed by the qualified person. The information provided has not been verified and is being
treated as historic.
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About the Company
New Earth Resources Corp. is a Canadian -based mineral exploration company acquiring and
developing advanced and early-stage exploration projects. Its flagship project is its 100% owned,
past-producing Lucky Boy Uranium Property located in Gila County, Ariz ona, USA. Consisting of
14 Lode Claims, and spanning approximately 273 acres, the Lucky Boy Project covers a small
open pit and underground workings that produced uranium in the 1950's, and again in the 1970's.
In addition to Lucky Boy, included in the Com pany's uranium portfolio are three claims located in
Saskatchewan, Canada covering 365 hectares.
The Company also has the option to acquire a 100% interest in 23 claims covering approximately
1,102 hectares in the Strange Lake area of Quebec, Canada, known as the "SL Project", which is
prospective for rare earth elements. In addition, the Company has the option to acquire a 100%
interest in the Red Wine Rare Earth Project, comprising 2 non -contiguous mineral claims located
in Labrador, Canada covering approximately 1,575 hectares.
For further information, please refer to the Company’s website at
www.newearthresourcescorp.com or the Company's disclosure record on SEDAR+
(www.sedarplus.ca), or contact the Company by email at [email protected].
On Behalf of the Board of Directors "Lawrence Hay" President and CEO Tel: 778.317.8754
Email: [email protected].
Forward-Looking Information
Certain statements in this news release are forward -looking statements, including with respect to
future plans, and other matters. Forward -looking statements consist of statements that are not
purely historical, including any statements regarding beliefs, plans, expectations or intentions
regarding the future. Such information can generally be identified by the use of forwarding-looking
wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the
negative thereof or s imilar variations. The reader is cautioned that assumptions used in the
preparation of any forward-looking information may prove to be incorrect. Events or circumstances
may cause actual results to differ materially from those predicted, as a result of num erous known
and unknown risks, uncertainties, and other factors, many of which are beyond the control of the
Company, including but not limited to, business, economic and capital market conditions, the ability
to manage operating expenses, and dependence on key personnel. Such statements and
information are based on numerous assumptions regarding present and future business strategies
and the environment in which the Company will operate in the future, anticipated costs, and the
ability to achieve goals. Factors that could cause the actual results to differ materially from those
in forward-looking statements include, the continued availability of capital and financing, litigation,
failure of counterparties to perform their contractual obligations, loss of k ey employees and
consultants, and general economic, market or business conditions. Forward -looking statements
contained in this news release are expressly qualified by this cautionary statement. The reader is
cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news
release. Except as required by law, the Company disclaims any intention and assumes no
obligation to update or revise any forward -looking statements, whether as a result of new
information, future events or otherwise.
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