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Neotech Metals Corp. Approved for $200,000 Ontario Junior Exploration Program Grant

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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) è stata approvata per un contributo di 200.000 dollari dal Programma di Esplorazione Giovanile dell'Ontario (OJEP). Questo contributo finanzierà attività di esplorazione nell'Ontario, focalizzandosi specificamente sulla prossima campagna di perforazione della società vicino alle zone Pike e South Rim a Hecla-Kilmer.

Il contributo OJEP fa parte di un programma provinciale volto a incentivare l'esplorazione di minerali critici, essenziali per la transizione verde globale. Il CEO Reagan Glazier ha espresso gratitudine per il supporto, affermando che questo posiziona Neotech come un attore chiave nel settore dei minerali critici e crea nuove opportunità per l'Ontario.

Glazier ha sottolineato che il progresso degli sforzi di esplorazione potrebbe contribuire alla creazione di una nuova industria nell'Ontario, sostenendo la transizione verde e rafforzando il futuro economico della provincia. Ha anche osservato che il sostegno del governo dimostra la qualità dell'Ontario come giurisdizione mineraria stabile e favorevole.

Neotech Metals Corp. (CSE: NTMC) (OTC Pink: NTMFF) (FSE: V690) ha sido aprobada para una subvención de 200,000 dólares del Programa de Exploración Juvenil de Ontario (OJEP). Esta subvención financiará actividades de exploración en Ontario, con un enfoque específico en la próxima campaña de perforación de la empresa cerca de las zonas Pike y South Rim en Hecla-Kilmer.

La subvención OJEP es parte de un programa provincial diseñado para incentivar la exploración de minerales críticos, que son esenciales para la transición verde global. El CEO Reagan Glazier expresó su aprecio por el apoyo, afirmando que posiciona a Neotech como un jugador clave en el sector de minerales críticos y crea nuevas oportunidades para Ontario.

Glazier enfatizó que avanzar en sus esfuerzos de exploración podría contribuir a la construcción de una nueva industria dentro de Ontario, apoyando la transición verde y fortaleciendo el futuro económico de la provincia. También señaló que el respaldo del gobierno demuestra la calidad de Ontario como una jurisdicción minera estable y favorable.

Neotech Metals Corp. (CSE: NTMC) (OTC Pink: NTMFF) (FSE: V690)는 온타리오 주니어 탐사 프로그램(OJEP)으로부터 20만 달러의 보조금 승인을 받았습니다. 이 보조금은 온타리오에서의 탐사 활동에 자금을 지원하며, 특히 Hecla-Kilmer의 Pike와 South Rim 구역 근처에서 예정된 회사의 드릴링 캠페인에 초점을 맞춥니다.

OJEP 보조금은 중요 미네랄 탐사를 장려하기 위한 주정부 프로그램의 일환으로, 이는 글로벌 녹색 전환에 필수적입니다. CEO Reagan Glazier는 지원에 대한 감사를 표하며, 이는 Neotech를 중요한 미네랄 부문 플레이어로 위치시키고 온타리오에 새로운 기회를 창출한다고 말했습니다.

Glazier는 탐사 노력을 발전시키는 것이 온타리오 내에서 새로운 산업을 구축하는 데 기여할 수 있으며, 녹색 전환을 지원하고 주의 경제적 미래를 강화한다고 강조했습니다. 그는 또한 정부의 지원이 온타리오를 안정적이고 지원적인 광업 관할구역으로 만드는 품질을 보여준다고 언급했습니다.

Neotech Metals Corp. (CSE: NTMC) (OTC Pink: NTMFF) (FSE: V690) a été approuvée pour une subvention de 200 000 dollars du Programme d'exploration junior de l'Ontario (OJEP). Cette subvention financera des activités d'exploration en Ontario, ciblant spécifiquement la prochaine campagne de forage de l'entreprise près des zones Pike et South Rim à Hecla-Kilmer.

La subvention OJEP fait partie d'un programme provincial visant à inciter à l'exploration des minéraux critiques, qui sont essentiels à la transition verte mondiale. Le PDG Reagan Glazier a exprimé sa gratitude pour le soutien, affirmant que cela positionne Neotech comme un acteur clé dans le secteur des minéraux critiques et crée de nouvelles opportunités pour l'Ontario.

Glazier a souligné que faire avancer leurs efforts d'exploration pourrait contribuer à la création d'une nouvelle industrie en Ontario, soutenant la transition verte et renforçant l'avenir économique de la province. Il a également noté que le soutien du gouvernement démontre la qualité de l'Ontario en tant que juridiction minière stable et soutenante.

Neotech Metals Corp. (CSE: NTMC) (OTC Pink: NTMFF) (FSE: V690) wurde für einen Zuschuss von 200.000 Dollar genehmigt vom Ontario Junior Exploration Program (OJEP). Dieser Zuschuss wird Explorationsaktivitäten in Ontario finanzieren, insbesondere die bevorstehende Bohrkampagne des Unternehmens in der Nähe der Pike- und South Rim-Zonen in Hecla-Kilmer.

Der OJEP-Zuschuss ist Teil eines Provinzprogramms, das die Erkundung kritischer Mineralien anregen soll, die für den globalen grünen Übergang unerlässlich sind. CEO Reagan Glazier äußerte Dank für die Unterstützung und erklärte, dass dies Neotech als wichtigen Akteur im Bereich der kritischen Mineralien positioniert und neue Chancen für Ontario schafft.

Glazier betonte, dass die Fortschritte in ihren Erkundungsbemühungen zur Schaffung einer neuen Industrie in Ontario beitragen könnten, die den grünen Übergang unterstützt und die wirtschaftliche Zukunft der Provinz stärkt. Er bemerkte auch, dass die Unterstützung der Regierung die Qualität Ontarios als stabile und unterstützende Bergbauregion unter Beweis stellt.

Positive
  • Received $200,000 grant from Ontario Junior Exploration Program
  • Grant to fund upcoming drilling campaign at Hecla-Kilmer project
  • Government support positions Neotech as key player in critical minerals sector
  • Potential to contribute to new industry development in Ontario
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - September 23, 2024) - Neotech Metals Corp. (CSE: NTMC) (OTC Pink: NTMFF) (FSE: V690) ("Neotech" or "the Company") is pleased to announce that it has been approved by the Ontario Junior Exploration Program ("OJEP") to receive $200,000 to help fund exploration activities within the province of Ontario.

The OJEP grant, a Provincial program aimed at incentivizing exploration in the critical-minerals sector, supports the discovery and development of mineral resources vital to the global green transition. These funds will be allocated to Neotech's upcoming drilling campaign, targeting geophysical anomalies in proximity to the Pike and South Rim zones at Hecla-Kilmer.

"We greatly appreciate the support from the Province of Ontario as this investment not only helps position us as a key strategy in the critical minerals sector, but also unlocks new opportunities for the Province as a whole," Reagan Glazier, CEO said in comment. "By advancing our exploration and development efforts, we have the potential to contribute to building a new industry within Ontario, one that supports the green transition and strengthens the province's economic future. The government's backing demonstrates the high quality of Ontario as a mining jurisdiction, providing a stable and supportive environment for innovation and growth."

ON BEHALF OF THE BOARD
Reagan Glazier, Chief Executive Officer and Director
Neotech Metals Corp.

About the Neotech Metals

Neotech Metals Corp. is a mineral exploration company dedicated to discovering and developing valuable mineral resources within promising jurisdictions around the world. With a strong commitment to environmental stewardship and sustainable practices, Neotech is positioned to make a positive impact while maximizing the potential of its exploration properties.

Its new flagship, Hecla-Kilmer located 20 km from the Otter Rapids 180MW hydroelectric power generation station and active Ontario Northway railway, was recently acquired in July 2024, along with its TREO and Foothills projects located in British Columbia. All three projects are 100% wholly-owned.

Qualified Person

Technical Information for this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101. Jared Galenzoski VP Exploration, P.Geo., and Qualified Person, has reviewed and approved all of the data and statements made for this news release.

Contact Information

Reagan Glazier, CEO and Director
reagan@neotechmetals.com
+1 403-815-6663

Forward-Looking Statements

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward looking information in this news release include statements relating to FSN. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will", "will be" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

The CSE has not reviewed, approved, or disapproved the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/224100

FAQ

What grant did Neotech Metals Corp. (NTMFF) receive on September 23, 2024?

Neotech Metals Corp. (NTMFF) was approved for a $200,000 grant from the Ontario Junior Exploration Program (OJEP) to fund exploration activities in Ontario.

How will Neotech Metals Corp. (NTMFF) use the OJEP grant?

Neotech Metals Corp. (NTMFF) will allocate the $200,000 OJEP grant to its upcoming drilling campaign, targeting geophysical anomalies near the Pike and South Rim zones at Hecla-Kilmer.

What is the purpose of the Ontario Junior Exploration Program (OJEP) grant?

The OJEP grant is a Provincial program aimed at incentivizing exploration in the critical-minerals sector, supporting the discovery and development of mineral resources vital to the global green transition.

How does the OJEP grant benefit Neotech Metals Corp. (NTMFF) according to CEO Reagan Glazier?

According to CEO Reagan Glazier, the OJEP grant positions Neotech Metals Corp. (NTMFF) as a key player in the critical minerals sector and creates new opportunities for Ontario, potentially contributing to building a new industry supporting the green transition.

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