Mr. Lawrence Hay reports
NEW EARTH RESOURCES ANNOUNCES APPROVAL OF APPLICATION FOR ADDITIONAL STATE LEASE LANDS ADJACENT TO PAST-PRODUCING LUCKY BOY URANIUM PROJECT
As per New Earth Resources Corp.'s Feb. 12, 2026, news release, the application to the Arizona State Land Department for approximately 268 acres of additional state mineral lease land contiguous to the company's Lucky Boy uranium project has been approved. The additional acreage nearly doubles the company's land position within the Lucky Boy area.
The approved acreage is located directly adjacent to the company's existing project area and represents a strategic expansion of New Earth's land position within the broader Lucky Boy area. The company believes that securing additional state lease ground strengthens its overall property position and supports long-term planning for the project.
The additional 268 acres complement the company's current land package and provide greater strategic flexibility for future exploration activities. Consolidating adjacent ground can assist in potential development planning as the company continues to evaluate and advance the project area.
"We are very pleased to receive approval for the additional state mineral lease land," said Lawrence Hay, chief executive officer of New Earth Resources. "The additional land significantly increases our footprint in the area, providing an opportunity to expand upon our existing exploration efforts and continue evaluating the broader project area."
About
New Earth Resources Corp.
New Earth Resources is a Canadian-based mineral exploration company acquiring and developing advanced and early stage exploration projects. Its flagship project is its 100-per-cent-owned, past-producing Lucky Boy uranium property located in Gila county, Arizona, United States. Consisting of 14 lode claims spanning approximately 273 acres and contiguous state lease mineral land of approximately 268 acres, the Lucky Boy project totals approximately 541 acres, and covers a small open pit and underground workings that produced uranium in the 1950s, and again in the 1970s. In addition to Lucky Boy, included in the company's uranium portfolio are three claims located in Saskatchewan, Canada, covering 365 hectares.
The company also has the option to acquire a 100-per-cent 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-per-cent interest in the Red Wine rare-earth project, comprising two non-contiguous mineral claims located in Labrador, Canada, covering approximately 1,575 hectares.
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