Announcement • Jun 15
Rare Earths Americas Reports Drilling and Surface Sampling Results for Shiloh Project
Rare Earths Americas reported the drilling results for Shiloh through the first quarter of 2026. The exploration drilling program has continued on the subject properties comprising multiple drilling methods across several target areas. The recent drilling and surface sampling at the Shiloh Project have identified zones of monazite-bearing sands and localized high-grade rare earth element (REE) mineralization. The Company received assay results for all 13 of the rock chip surface samples taken across the Newbill and Pipeline properties at Shiloh, showing grades up to 44.5% total rare earths oxide (TREO). Selected samples returned high TREO concentrations relative to commonly reported rare earths exploration results; however, these results are from selective samples and may not be representative of broader mineralization. Laterally extensive monazite-bearing sands systems typically offer several advantages, including the ability to extract near-surface, free-dig material and utilize conventional mineral beneficiation processes; however, the applicability of these characteristics to the Shiloh Project has not yet been established and will require further technical evaluation. In 2026, Rare Earths Americas plans to complete more than 20,000 meters of drilling using sonic, direct push, and diamond methods to further define and expand the monazite sands potential at Shiloh. The 2026 exploration program will focus on establishing the continuity, scale, and grade distribution of REE mineralization across the district to support ongoing evaluation of the project and assess the potential for future mineral resource delineation. Assay highlights from the drill program include: Lazer Creek: Assays for the holes drilled through the first quarter of 2026 have been received. The initial results show that mineralization was encountered across multiple drilling locations, indicating lateral continuity that remains open to further evaluation. Highlights include: 25-DPLC-015 with 10.84% TREO from 6.1-6.77m and 3.52% TREO from 7.35-8.63m deep; 25-DPLC-013 with 1.88% TREO from 5.88-11.16m deep; 25-DPLC-022 and 25-DPLC-023 with 2.15% and 1.35% TREO respectively, from surface to at least 11m deep. Additional drilling is required to determine the extent, geometry, and consistency of this mineralization. A drone-based radiometric survey of the Lazer Creek property also revealed additional targets along-strike. Pig Trail: Assays for the holes drilled through the first quarter of 2026 have been received. The initial results show rare earth enrichment disseminated across the district. Highlights Include: 26-DPPT-013 with 6.38% TREO from 6.89m to end of hole 7.01m; 26-DPPTN-001 and 26-DPPTN-007 with 0.83% and 0.53% TREO respectively, from at least 1m deep to over 3m deep. Newbill & Pipeline: Assays for the holes drilled through the first quarter of 2026 have been received across both properties. Initial results indicate rare earth enrichment likewise distributed across the target area. Additionally, high grade range TREO samples are reported across the properties, with grades above laboratory detection limits. A total of 13 rock chip surface samples taken across Newbill and Pipeline showed grades ranging from 17% to 44.5% TREO. Highlights include: 26-DPPLE-021 and 26-DPPLE-043 with 1.96% and 1.89% TREO respectively, from at least 1.5m to 7.3m deep; 25-DPPL-003 and 25-DPNB-123 with 1.74% and 0.79% TREO from surface to end of hole (1.52m and 1.98m respectively); 25-DPNB-128 with 1.02% TREO from 1.77m to 3.96m deep. The Shiloh Project is at an exploration stage. No mineral resource or mineral reserve has been estimated for the Shiloh Project, and there is no guarantee that further exploration will result in the delineation of a mineral resource. The results presented herein represent exploration data and are insufficient to define a mineral resource. Additional drilling, sampling, and technical studies are required to evaluate the potential for mineral resource estimation. Rare Earths Americas will continue its comprehensive drilling campaign at the Shiloh District aimed at exploring both the scale and continuity of the monazite-hosted rare earth mineralization. The Company plans to complete more than 9,000m of diamond, sonic, and direct push drilling over the next three months, targeting both the expansion of known mineralized zones and step-out areas to test district-scale potential. For all of 2026, the Company expects to drill over 20,000m at Shiloh. This exploration work is designed to better constrain the geometry, thickness, and lateral continuity of monazite-bearing horizons, and is intended to generate data to support evaluation of a future initial mineral resource estimate. Concurrently, Rare Earths Americas will undertake regional geophysical surveys and systematic soil sampling to refine its geological model and generate new high-priority drill targets across the broader district. These exploration programs are intended to identify additional zones of mineralization. Quality assurance/quality control measures consist of regular insertion of certified reference materials, duplicate samples, and blanks into the sample stream. Samples are submitted to the ALS Geochemistry sample preparation facility in Reno, Nevada, where they are logged, dried, crushed, split, and pulverized. Rare earth element and multi-element analyses are performed at the ALS Geochemistry laboratory in North Vancouver, British Columbia, including determination of lanthanum (La), cerium (Ce), praseodymium (Pr), neodymium (Nd), and samarium (Sm) by the OGREE method, multi-element analysis by inductively coupled plasma mass spectrometry and optical emission spectroscopy (ICP-MS and ICP-AES), and loss on ignition by gravimetry.
