Business
AEF Expands High-Grade Manganese Footprint at Pearana Across 3.5km Strike, Advancing Battery Materials Strategy
Multiple targets identified within world-class Woodie Woodie manganese district. Rock chip s...

About this update from Ae Fuels Corporation
[{"type":"text","content":"AEF Expands High-Grade Manganese Footprint at Pearana Across 3.5km Strike, Advancing Battery Materials StrategyMultiple targets identified within world-class Woodie Woodie manganese district.Rock chip sampling at Pearana confirmed high-grade manganese over 3.5 km strike with multiple assays above 30% Mn and a peak assay of 51.8% Mn.Additional sampling at other priority targets also returned strong results, with a top assay of 57% Mn at Pothole and 32.6% at Sharks Fin.3,249-station high-resolution gravity survey has been commissioned to identify shallow, high-grade manganese bodies to add to the existing AEF resource base.Vancouver, British Columbia--(Newsfile Corp. - April 14, 2026) - AE Fuels Corporation (TSXV: AEF) (OTCQB: NRGFF) (\"AEF\" or the \"Company\") is pleased to provide an exploration update from the Pearana area at its South Woodie Woodie Manganese Project in the Pilbara District of Western Australia. Recent field work identified high-grade manganese mineralization from 302 surface rock-chip samples, across multiple prospects, highlighting the district-scale discovery potential and establishing Pearana as a priority drill target. The Company is now moving to the next phase of work, with a high-resolution gravity survey to commence over the most prospective areas.Pearana lies approximately 30 km north of the Contact resource deposit area and within the world-class Woodie Woodie manganese district, see Figure 1 overleaf. The prospect is hosted by Pinjian Chert Breccia, the principal host unit for manganese mineralization in the district, and surface results indicate that high-grade mineralization may extend beneath shallow cover along strike. The Company considers Pearana and the Pothole-Sharks Fin trend to be priority drill targets pending completion of geophysical targeting and access preparations.Gary Lewis, CEO of AE Fuels, commented: \"Pearana is shaping up as a significant manganese target. The surface results are strong, the strike is substantial, and importantly, we are identifying multiple targets across a highly prospective district. We are now moving quickly to the next phase with a high-resolution gravity survey designed to identify shallow high-grade manganese bodies. Our objective here is clear, to find additional near-surface high-grade manganese that can supplement the existing resource base and suppor...