10:22:15 EDT Wed 21 Oct 2026
Enter Symbol
or Name
USA
CA



Automata Rare Earth Corp.
Symbol AREE
Shares Issued 10,379,811
Close 2026-10-20 C$ 0.14
Market Cap C$ 1,453,174
Recent Sedar+ Documents

ORIGINAL: Automata Rare Earth Receives Exploration Approval For Burnt Pond Rare Earth Project

2026-10-21 07:04 ET - News Release

(via TheNewswire)

Automata Rare Earth Corp.

Vancouver, BC – TheNewswire - October 19, 2026 - Automata Rare Earth Corp. is pleased to announce that it has received formal exploration approval from the Government of Newfoundland and Labrador for an extensive exploration program at its Burnt Pond Rare Earth Project , located in central Newfoundland.

The approval authorizes a comprehensive exploration campaign consisting of 103 diamond drill holes , airborne geophysical surveys utilizing both helicopter and drone platforms, and the use of new and existing exploration access trails across the property.

The exploration approval remains in effect until October 8, 2028 , providing the Company with a clear regulatory pathway to advance one of Newfoundland's emerging rare earth element projects.

"We are extremely pleased to have received approval for this important exploration program," said Christopher Huggins, CEO of Automata Rare Earth . "This authorization represents a major milestone for the company and demonstrates our commitment to working collaboratively. With growing global demand for critical minerals and rare earth elements, we are excited to begin the next phase of exploration aimed at defining and expanding the project's resource potential."

The approved program includes geophysical surveys designed to refine exploration targets, followed by a significant diamond drilling campaign intended to evaluate the property's rare earth mineralization and support future resource delineation efforts.

Rare earth elements are critical components in numerous strategic industries, including electric vehicles, renewable energy technologies, advanced electronics, defense applications, and permanent magnet manufacturing. As North America seeks to strengthen domestic critical mineral supply chains, Automata believes the Burnt Pond Project is well positioned to contribute to the development of a secure and reliable source of rare earth materials.

Field activities are expected to commence following the completion of additional operational planning, contractor mobilization, and the acquisition of any supplementary permits required for specific activities.

The technical information contained in this news release has been reviewed and approved by Derrick Strickland, an Independent Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

 

About Automata Rare Earth

Automata Rare Earth is a Canadian mineral exploration company focused on discovering and developing rare earth and critical mineral assets that support the global transition toward clean energy, advanced technology, and secure domestic supply chains. The Company's flagship Burnt Pond Project in Newfoundland represents a strategic exploration opportunity in one of Canada's premier mining jurisdictions.

For further information, please contact:

Christopher Huggins
Chief Executive Officer
Automata Rare Earth
Email: chris@greenwood.capital

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include, but are not limited to, statements regarding management plans, and future operations. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied by such forward-looking statements.

Readers are cautioned not to place undue reliance on forward-looking statements. Actual results and future events may differ materially from those anticipated due to various risks and uncertainties, including those disclosed in the Company’s management’s discussion and analysis and other disclosure documents available under the Company’s profile on SEDAR+ at  www.sedarplus.ca  and on the Canadian Securities Exchange website at  www.thecse.com . The Company undertakes no obligation to update or revise any forward-looking statements, except as required by applicable securities laws.

 

Copyright (c) 2026 TheNewswire - All rights reserved.

© 2026 Canjex Publishing Ltd. All rights reserved.