New Earth Resources has secured approval for an additional 268 acres of state mineral lease land contiguous to its Lucky Boy Uranium Project in Gila County, Arizona, US.
This approval follows the company’s application submitted to the Arizona State Land Department in February 2026.
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The new acreage almost doubles the company’s land holdings in the Lucky Boy area.
The Lucky Boy project comprises 14 lode claims over roughly 273 acres, alongside approximately 268 acres of contiguous state lease mineral land, totalling around 541 acres.
This area includes a small open pit and underground workings that produced uranium in the 1950s and 1970s.
The approved land lies directly next to the company’s current project area, marking a strategic expansion within the broader Lucky Boy region.
New Earth Resources views this additional state lease as a way to strengthen its property position and aid in long-term project planning.
The extra 268 acres enhance the company’s existing land portfolio, offering increased strategic flexibility for future exploration.
Combining adjacent land can aid in potential development planning as the company continues to assess and progress the project area.
New Earth Resources CEO Lawrence Hay said: “We are very pleased to receive approval for the additional state mineral lease land.
“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.”
Aside from Lucky Boy, the company’s uranium portfolio also includes three claims in Saskatchewan, Canada, spanning 365 hectares.
In January this year, New Earth Resources outlined plans for an exploration initiative at the Strange Lake Project, a property with rare earth element potential in Quebec, Canada.
The exploration programme for this project encompasses regional prospecting, airborne geophysical studies and regional geochemical surveys designed to generate data layers for future targeting and area reduction.
