Constrained indicated resources amounted to 1.88 million tonnes averaging 1.04 grams per tonne for 56,500 oz. of contained gold.

New results included an intercept of 691.5 g/t gold over 0.9 metre, contained within an interval of 98.84 g/t gold over 6.48 metres.

The continued exploration success bodes well for adding to and converting current resources, analyst says.

ExoSphere also awarded a Demonstrator Program contract by the Australian Space Agency to develop geophysical devices for locating water deposits on the Moon.

New Found is executing a 500,000-metre drill program at Queensway.

The new MRE contains 5.53 million tonnes of lithium carbonate equivalent in the measured and indicated category.

Assay results from drill hole EZ-23-003 returned 324.6 metres at 0.34% NiEq.

Sokli is the world’s largest carbonatite deposit and could produce 10% of the REE needed annually in Europe.