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Rare Earths Americas (TSX-V:REA) is formalizing the Foothills Rare Earths District in Georgia, uniting its Shiloh flagship, the adjacent Liberty Peak property and three large target areas. The district covers about 408,000 acres, roughly 18.5x the original 22,000-acre Shiloh target footprint.
Liberty Peak drilling has intercepted monazite-bearing sands similar to Shiloh more than 50 km away, with initial highlights including intervals above 0.2–0.3% TREO. Recent Shiloh holes returned up to 0.95% TREO over short widths. REA’s active land position under agreements reached 4,254 acres at 2Q26, up 53% quarter-over-quarter, with a further 11,500+ acres under short-term access and exploration agreements.
For 2026, the company plans over 8,000 m of drilling at Liberty Peak in addition to a 20,000 m program at Shiloh, plus airborne surveys and surface work over Targets 1–3. According to Rare Earths Americas, approximately $15 million will be invested in 2026 to advance the district and move toward a maiden resource at Shiloh.
Rare Earths Americas (REA) reported exploration results from its 100%-owned Homer-A rare earth-niobium target in Goiás, Brazil. Multiple datasets outline a >35km² ring-shaped alkaline-carbonatite magnetic anomaly over 6.5km, with shallow drilling intersecting rare earth and niobium mineralization that commonly increases with depth and remains open.
Auger holes returned intervals above 2,000ppm TREO and 400ppm Nb₂O₅, while RC drilling indicates over 120m of continuous weathering. A 15,000m RC and diamond drill program, budgeted at about US$5 million, began June 17, 2026. Homer remains an early-stage project with no SK 1300-compliant resources.
Rare Earths Americas (REA) reported Q1 2026 drilling and surface sampling results from the Shiloh rare earths project in Georgia.
Thirteen rock chip samples at Newbill and Pipeline graded 17%–44.5% TREO, and multiple drill holes at Lazer Creek, Pig Trail, Newbill and Pipeline intersected monazite-bearing rare earth mineralization.
The project remains at an early exploration stage with no mineral resource estimate; over 20,000m of drilling is planned in 2026 to assess continuity, scale, and potential for future resource delineation.
Rare Earths Americas (REA) awarded the Alpha Initial Assessment (IA) contract under S-K 1300 to Hatch, a global engineering consultancy with rare earth and Brazilian IAC experience. The IA covers mine planning, metallurgy, infrastructure, permitting overview, and project economics.
The first phase should finish in 6–8 weeks, with the full IA targeted for early 2027. REA also plans 13,400 meters of in-fill drilling at Alpha in 2026 to upgrade resources and accelerate work toward a potential Pre-Feasibility Study.
Rare Earths Americas (NYSE: REA) closed an upsized initial public offering of 3,333,331 shares, raising approximately $63.3 million in gross proceeds on May 6, 2026. Shares began trading on the NYSE American under the ticker REA.
Net proceeds will fund land acquisition, drilling, metallurgical test work, permitting and SK-1300 technical report summary preparation at Shiloh; exploration and studies at Alpha and Constellation; evaluation of non-material projects; and general corporate purposes. Cantor and Stifel led the offering.