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AEF Assembles District-Scale Fluorspar Position at Fluorite Ridge in New Mexico, Expands Footprint
81 lode mining claims spanning ~7km strike length across historic fluorspar district. Histori...
About this update from Ae Fuels Corporation
[{"type":"text","content":"AEF Assembles District-Scale Fluorspar Position at Fluorite Ridge in New Mexico, Expands Footprint81 lode mining claims spanning ~7km strike length across historic fluorspar district. Historic production grades reported up to 92% CaF21. Early work highlights potential for bulk-tonnage beyond historic high-grade veins. Positioned to support US-aligned hydrofluoric acid (HF) and critical mineral supply chains. Exploration and metallurgical program to commence to define drill targets and processing pathways.Vancouver, British Columbia--(Newsfile Corp. - May 12, 2026) - AE Fuels Corporation (TSXV: AEF) (OTCQB: NRGFF) (\"AEF\" or the \"Company\") is pleased to provide an update on its 100% owned Fluorite Ridge Project (the \"Project\"), in New Mexico, USA, including expansion of the Company's land position through additional staking and advancement of exploration activities.Figure 1: Fluorspar (CaF2) enabling strategic US growth marketsTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/11811/297034_f0ee5e2134892b9b_004full.jpgFluorite Ridge gives AEF exposure to one of the most strategically important supply chains in advanced manufacturing. Fluorspar is the primary feedstock for hydrofluoric acid (HF), a critical material used in semiconductor fabrication, battery materials, nuclear technologies and defense applications (Figure 1). Why is this important? With the United States heavily reliant on imported fluorspar, AEF believes Fluorite Ridge represents a compelling opportunity to help strengthen domestic supply chains for critical fluorine-based materials.Gary Lewis, CEO of AEF, commented: \"Fluorite Ridge is a rare opportunity to consolidate a historic fluorspar district at a time when domestic supply chains are becoming increasingly important. We believe the Project has the potential to become a strategically important source of US-aligned fluorspar feedstock supporting hydrofluoric acid and advanced manufacturing supply chains.\"Fluorite Ridge: historic fluorspar producer with district-scale potentialFluorite Ridge consists of 81 mining lode claims covering approximately 1,673 acres on lands administered by the U.S. Bureau of Land Management. (Figure 2). The Project contains multiple prospects and at least eight abandoned mines over a strike length of roughly seven kilometers.The Fluo...