New Earth Resources Taps Veteran Geologist for Critical Minerals Push

VANCOUVER, BC – January 15, 2026 – New Earth Resources Corp. (CSE: EATH) has made a significant strategic move to bolster its technical leadership, appointing highly respected Professional Geoscientist Tim Henneberry to its advisory board. The appointment brings 45 years of extensive international experience in mineral exploration and production directly to a company advancing a portfolio of high-demand uranium and rare earth element (REE) projects across North America.

This decision comes at a pivotal moment for the critical minerals sector. Both uranium and REE markets are experiencing unprecedented upward pressure, driven by a global energy transition, technological demand, and increasing geopolitical focus on securing stable supply chains. By adding a seasoned expert with deep knowledge in these specific commodities, New Earth is signaling a clear intent to accelerate its exploration efforts and de-risk its assets for investors.

“We are honoured to welcome Tim Henneberry to our advisory board,” stated Lawrence Hay, CEO of New Earth, in the official announcement. “With over 45 years of experience in uranium, precious and base metals, and industrial metals, he brings invaluable knowledge, insight, wisdom and expertise to our team.”

A Strategic Play in a Hot Market

The timing of Henneberry's appointment is anything but coincidental. The uranium market, after years of dormancy, is undergoing a major resurgence. Analysts project spot prices could climb significantly from current levels, with some forecasts suggesting a potential peak of $135 per pound of U3O8 in 2026. This surge is fueled by a confluence of factors: a growing number of new nuclear reactors being built worldwide, life extensions for existing plants, and a broader recognition of nuclear power as a reliable, low-carbon energy source. Global uranium requirements are expected to more than double by 2040, creating a substantial supply-demand gap that junior explorers like New Earth are rushing to fill.

Simultaneously, the market for rare earth elements is expanding rapidly, with a projected compound annual growth rate (CAGR) of 7.6% through 2034. These elements are indispensable for modern technology, forming the backbone of high-performance magnets used in electric vehicle motors, wind turbines, consumer electronics, and advanced defense systems. Western governments, including Canada's, are actively promoting the development of domestic REE supply chains to reduce reliance on a few dominant global producers.

New Earth’s portfolio is squarely positioned at the intersection of these trends, and Henneberry’s specific expertise provides a powerful strategic advantage. His long career includes significant work in uranium exploration, providing the company with a guiding hand as it re-evaluates its past-producing Lucky Boy Uranium Property in Arizona.

The Henneberry Factor: A Legacy of Junior Mining Expertise

Tim Henneberry is a well-known figure in the Canadian junior mining circuit, recognized for his ability to identify and advance early-stage projects. His career path, which transitioned from hands-on production geology to consulting and management, gives him a holistic understanding of the entire mining lifecycle. He has been a key player in the formation and leadership of numerous public companies, serving as a founding Director and CEO for several TSX.V and CSE-listed explorers.

His influence is widespread, as evidenced by his current and past roles. He co-founded and serves as a Director for companies such as Silver Sands Resources Corp., Tana Resources Corp., and Grit Metals Corp. He also holds directorships at iMetal Resources Inc. and Kirkstone Metals Corp., among others. Furthermore, he acts as a technical advisor for companies including Atomic Minerals Corporation and Max Resource Corp., and, crucially, serves as a Qualified Person (QP) under National Instrument 43-101 for Bronco Resources Corp.

This vast network of affiliations underscores his reputation as a trusted advisor and technical authority. In the high-risk, high-reward world of junior exploration, such a track record is a currency of its own, lending immediate credibility to any company he joins.

De-Risking Exploration and Bolstering Confidence

For investors, the appointment of an expert like Henneberry to an advisory board serves as a powerful risk mitigation tool. Mineral exploration is inherently speculative, and the success of a junior company often hinges on the quality of its technical team. An advisory board member with deep industry knowledge provides an essential layer of oversight and strategic guidance that can help a company avoid costly mistakes and focus its limited capital on the most promising targets.

His role as a Professional Geoscientist and his experience as a Qualified Person are particularly significant. A QP is responsible for verifying and signing off on a company's technical disclosures, including geological reports and resource estimates. This provides stakeholders with a level of assurance that the scientific information being presented has been vetted by an independent and accredited professional. While his role is advisory, his perspective and standards will invariably influence the company's technical programs and reporting.

By bringing Henneberry into the fold, New Earth is not only gaining access to his technical acumen but also to his extensive network of contacts within the financial and mining communities. This can be instrumental in attracting further investment, forging strategic partnerships, and navigating the complex regulatory landscape, all of which are critical for advancing projects from discovery to development.

A Closer Look at New Earth's Portfolio

Henneberry's expertise will be applied across a diverse and promising set of assets. The company's flagship is the 100% owned Lucky Boy Uranium Property in Arizona. Located in the Dripping Spring Quartzite formation, which hosts the majority of the state's uranium deposits, the project includes a small open pit and underground workings that produced ore in the 1950s and again in the 1970s. Historical reports from 1956-57 show the mine yielded over 2,300 tonnes of ore at a respectable average grade of 0.17% U3O8. New Earth is set to begin a modern exploration program there, including geological mapping and scintillometer surveys, to better define the mineralization for potential future development.

In Canada, the company's focus broadens to include both uranium and rare earths. It holds three uranium claims in Saskatchewan, home to the world's highest-grade uranium deposits in the Athabasca Basin. More prominent are its REE projects, which include an option to acquire the SL Project in Quebec. This property is strategically located near the renowned Strange Lake REE district, a geological setting known for significant endowments of these critical metals. The company has also optioned the Red Wine Rare Earth Project in Labrador, situated in the province's Central Mineral Belt, another region gaining attention for its rare earth potential.

With this portfolio, New Earth is targeting commodities essential for the future of energy and technology. The addition of Tim Henneberry provides the seasoned leadership necessary to systematically evaluate and advance these projects, transforming geological potential into tangible value for the company and its shareholders.