🚨StockOnHighAlert🚀

$IMC Rare Earths Advances Deep Drilling and WSP-Led ISR Trials at Expanded Brazil Rare Earths Project New drilling program will investigate the depth of rare earth mineralization, while field trials will evaluate potentially lower-cost recovery methods ahead of key 2027 milestones Highlights: •Diamond drilling at 29 Block D plateau locations to test beyond auger depth limits and extend approximately 5-10 meters into bedrock, subject to geology. •Global engineering consultancy WSP is conducting and overseeing the Block A in-situ recovery (ISR) field program; injection testing targeted for Q1 2027, with 37 groundwater monitoring wells being installed across the project. •University of Brighton is testing 16 Block D samples to gain further insight into mineralogy, particle size and leaching performance. •Nine auger teams, over 100 Brazilian workers and four leased warehouses are supporting expanded operations. •Community investment is underway in schools, nurseries, roads and drainage, alongside planned Christmas support for local families and childcare centers serving 483 children. SÃO PAULO, Brazil, Nov. 5, 2026 /PRNewswire/ -- IMC Rare Earths Ltd (NYSE American: IMC) ("IMC" or the "Company") announced the planned launch of a deeper drilling program and progress on field trials led by global engineering consultancy WSP at its Itarantim project in Brazil, as it works to better understand the project's rare earth resources and evaluate potential recovery methods ahead of key milestones in 2027. "Our deeper drilling program marks an important step toward understanding the full scale of the rare earth mineralization at Itarantim and its potential implications for a future resource estimate," said Frank Scolaro, CEO and Chair of IMC Rare Earths. "At the same time, WSP's leadership of our ISR field program brings world-class engineering expertise as we evaluate potentially lower-cost recovery methods for strategically important rare earths, including dysprosium, terbium and yttrium. These programs will help inform our next steps as we advance the project in 2027." Diamond Drilling Targets Deeper Block D Plateau Potential Diamond drilling is commencing in mid-November at 29 widely spaced Block D plateau locations, where the weathered rock and soil layer is interpreted to be thickest. The program is designed to investigate mineralization beyond the 30-meter depth limit of existing mechanical auger drilling and extend approximately 5-10 meters into bedrock, subject to geological conditions. Access work and drill pad construction are underway, with additional drilling planned. As announced on October 29, 2026, hole AD-00403 returned 13 meters at 1,287 ppm Y2O3 from 14 meters depth and ended in mineralization at 27 meters. Diamond drilling will investigate its deeper continuation and the thickness, continuity and grade distribution of mineralization beneath the plateau, while providing additional material for density testing. Positive results could have a significant impact on the scale and grade profile of a future resource assessment in 2027, subject to drilling outcomes and appropriate resource estimation work. Read full release: finance.yahoo.com/energy/art… Communicated-Disclaimer docs.google.com/document/d/1…