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Neotech Metals Corp is a mineral exploration company based in Vancouver, B.C., dedicated to discovering and developing valuable mineral resources worldwide. With a strong commitment to environmental stewardship, Neotech is focused on maximizing the potential of its exploration properties. The company owns 100% of its TREO Rare Earth Element Property in British Columbia, along with the Foothills Rare Earth Element Property. Neotech also holds options on the EBB nickel-cobalt property in Canada.
Neotech Metals Corp. (NTMFF) has announced preliminary geochemical assay results from its exploratory diamond drilling program at the Hecla-Kilmer Project in Northern Ontario. The company completed 12 new drill holes in 2024, targeting three primary areas: Pike Zone (7 holes), Northeast Zone (3 holes), and South Rim Zone (2 holes).
The first reported drill hole, HK24-034, located approximately 300m south of the Pike Zone, has confirmed multiple mineralized intervals containing elevated levels of niobium and rare earth elements. The hole revealed significant mineralization of 1.06% TREO (Total Rare Earth Oxide) over 86 meters from the bedrock surface.
The company is currently developing plans for an expansion/resource-definition drilling program and preliminary mineralogical-metallurgical test work. Sample analysis and data compilation for the remaining 11 drill holes is ongoing, with results to be reported in subsequent releases.
Neotech Metals Corp. (NTMFF) has engaged Dahrouge Geological Consulting for geological modelling, targeting, and database review at its Hecla-Kilmer (H/K) Niobium and Rare Earth Element project. The agreement, signed on February 4, 2025, comes with a projected cost of $51,000.
Dahrouge will evaluate geochemical, structural, and lithological boundaries for Niobium and REE mineralization at H/K, and assist in planning future drill campaigns to extend and delineate the REE mineralized zone. The firm specializes in REEs and has experience in resource estimation and economic assessments.
Preliminary findings from the 2024 exploration program are currently under assessment and will be confirmed with Dahrouge in Q1 2025. Additional work is planned for the summer 2025 exploration season.
Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) has secured a mineral exploration permit from the BC Mines Office for its wholly-owned TREO Project, situated 80 kilometers northeast of Prince George, British Columbia. The permit allows for drilling operations at 10 pad locations, which were identified through previous exploration activities.
The company's 2024 field season yielded notable results, with bedrock samples showing grades of up to 28.97% TREO and 2.91% Nb₂O₅. The exploration work is scheduled to commence in summer 2025, focusing on high-grade, near-surface mineralization targets previously identified.
Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) has announced significant assay results from its 2024 field reconnaissance program at the TREO Project in British Columbia. The program yielded impressive findings from 113 rock samples, with a peak value of 28.97% TREO and 17 samples exceeding 1.0% TREO. Notable niobium values were also discovered, reaching 2.91% Nb2O5 with 20 samples above 0.15% Nb2O5. All samples were collected from bedrock/outcrop exposures within mapped carbonatites. The company plans to conduct off-season modeling and additional reconnaissance work to define drill targets.
Neotech Metals Corp (CSE: NTMC, OTCQB: NTMFF) has completed its maiden drill program at the Hecla-Kilmer project, executing nearly 5,000 meters of drilling. The fully-funded program aimed to extend from previous significant intercepts, including hole HK24-013 with 361m of 1.0% TREO (20% PMREOs) from bedrock surface and hole HK24-008 with 120m of 0.5% TREO and 0.20% Nb2O5 in the Pike Zone. Additional testing was conducted in the South Rim zone. Core samples will be assessed and sent for assays, with a small crew remaining on-site to complete related activities.
Neotech Metals Corp (CSE: NTMC, OTC: NTMFF) announces three significant developments: approval for uplisting to the OTCQB market, completion of a CAD$1,351,450 LIFE financing, and the successful execution of over 3,600 meters of drilling at its flagship Hecla-Kilmer property. The OTCQB uplisting enhances U.S. investor access and market visibility. The completed LIFE financing will support the company's rare earth element exploration projects in Canada. The maiden drilling campaign at Hecla-Kilmer is expected to conclude this month, with core samples already sent for assay analysis.
Neotech Metals Corp. (CSE: NTMC, OTC Pink: NTMFF, FSE: V690) has commenced drilling operations at its 100% owned Hecla-Kilmer property after receiving an exploration permit. The company plans a 5,000-meter drilling campaign targeting peripheral zones to the northeast and southeast, as well as extensional drilling around the Pike Zone, with the aim of establishing a maiden resource estimate.
Additionally, Neotech has appointed Justin Daley, MSc, P.Geo as a technical advisor to the board. Daley, who is the CEO and President of VR Resources, brings extensive experience in managing drill programs at the Hecla-Kilmer Rare Earth Element project in Northern Ontario. As part of his compensation, Neotech will grant Daley 50,000 stock options, exercisable at $0.30 for a three-year term.
CEO Reagan Glazier expressed enthusiasm for exploring Hecla-Kilmer, which is located within the traditional territory of the Moose Cree First Nations, Taykwa Tagamou Nation, and Metis Nation of Ontario.
Neotech Metals Corp. (CSE: NTMC) (OTC Pink: NTMFF) has initiated metallurgical testing on its Hecla-Kilmer (H/K) property in partnership with SGS Laboratories. The testing aims to assess the economics of an expanded drill campaign, focusing on apatite-hosted rare earth mineralization, niobium-related mineralization, and phosphate recoveries. The first-phase trial will evaluate various flowsheets, including gravity, flotation, and magnetic separation methods.
Additionally, Neotech has filed a new non-brokered private placement LIFE financing offering, replacing the previously announced one. The offering aims to raise between $1,350,000 and $2,500,000, with units priced at $0.15 each. Each unit comprises one common share and one warrant, exercisable at $0.25 for 36 months. The proceeds will be used for exploration expenditures and general operating expenses.
Neotech Metals Corp. (CSE: NTMC) (OTC Pink: NTMFF) (FSE: V690) has been approved for a $200,000 grant from the Ontario Junior Exploration Program (OJEP). This grant will fund exploration activities in Ontario, specifically targeting the company's upcoming drilling campaign near the Pike and South Rim zones at Hecla-Kilmer.
The OJEP grant is part of a Provincial program aimed at incentivizing critical minerals exploration, which are essential for the global green transition. CEO Reagan Glazier expressed appreciation for the support, stating that it positions Neotech as a key player in the critical minerals sector and creates new opportunities for Ontario.
Glazier emphasized that advancing their exploration efforts could contribute to building a new industry within Ontario, supporting the green transition and strengthening the province's economic future. He also noted that the government's backing demonstrates Ontario's quality as a stable and supportive mining jurisdiction.
Neotech Metals Corp. (CSE: NTMC) (OTC Pink: NTMFF) (FSE: V690) has filed an amended management's discussion and analysis (Amended MD&A) for the periods ended March 31, 2024 and 2023. This action was taken following a continuous disclosure review by the British Columbia Securities Commission. The Amended MD&A, which should be read alongside the company's condensed interim financial statements for the same periods, is now available on SEDAR+ under Neotech Metals Corp.'s profile. Investors and interested parties can access these documents at sedarplus.ca for a more comprehensive understanding of the company's financial position and performance during the specified periods.