New Risk • Mar 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.4m (US$9.80m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (22% average weekly change). Shareholders have been substantially diluted in the past year (143% increase in shares outstanding). Market cap is less than US$10m (CA$13.4m market cap, or US$9.80m). Announcement • Feb 24
New Earth Resources Corp. Reports Ongoing Grid Sampling and Mapping At Lucky Boy Uranium Project New Earth Resources Corp. provided 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 automatically 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. Announcement • Feb 18
New Earth Resources Corp. Discusses Integrated High-Resolution Airborne Geophysical Techniques for Targeted Rare Earth Element Exploration on Its Red Wine Rare Earth Elements Project New Earth Resources Corp. announced how integrated high-resolution airborne geophysical Magnetic+Radiometric data reveals priority zones for targeted rare earth element exploration at its Red Wine Rare Earth Elements (REE) project (the "Project" or the "Property"), located in northwest Newfoundland and Labrador in central Labrador region. New Earth intends to utilize integrated magnetic (mag) and radiometric (rad) datasets to refine its exploration strategy. This approach focuses on identifying structural controls and mineral signatures typical of REE deposits. Structural Targeting: The combined datasets identify multiple high-priority targets that align with REE-bearing intrusive complexes. Radiometric Precision: Thorium Correlation: High equivalent Thorium (eTh) anomalies show a strong spatial link to structural trends and lithological contacts. Th/K Ratios: Surveying Pot potassium (K), Thorium (Th), and Uranium (U) channels helps identify elevated Thorium-to-Pot potassium (Th/K) ratios, a key indicator of Total Rare Earth Element enrichment. Magnetic Mapping: Lithological Contacts: Magnetic data is used to map faults, shears, and intrusions that host alkaline complex or carbonatites. These formations have a high potential to host REE mineralization and have been the target for REE, zirconium, niobium, and yttrium exploration programs carried out over past decades dating back to the 1970s. The Property sits within the broader Red Wine Intrusive Suite, including peralkaline granites and syenites as a part of the North and South Red Wine Plutons, with a documented history of REE-bearing minerals. Historic programs have revealed multiple discoveries for REE and associated commodities in the district--including Two Tom (Nb, Be, REE), North Red Wine (U, Zr), Partridge River (Th), and Mann (Nb, Zr, Th)-- that are geologically related with Playfair discoveries within the Red Wine Property. The technical content of this news release has been reviewed and approved by Mr. Babak V. Azar, P.Geo., 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.