New Earth Resources Moves to Semi-Annual Reporting Under CBO 51-933

New Earth flags projects in uranium and rare earths. Its main asset is the Lucky Boy uranium property in Gila County, Arizona, a past-producing mine that last ran in the 1970s. The site covers roughly 541 acres, including 14 lode claims and contiguous state lease land.

The company also holds options on two Canadian rare earth projects: the SL Project in Quebec's Strange Lake area, covering about 1,102 hectares, and the Red Wine Rare Earth Project in Labrador, around 1,575 hectares. Both are at an early stage.

The decision to adopt semi-annual reporting does not affect the company's project timelines or exploration plans, according to the release. President and CEO Lawrence Hay signed the announcement.