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Neotech Metals Corp. Commences Drilling at Hecla-Kilmer, Appoints Justin Daley, MSc, P.Geo as Technical Advisor

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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, FSE: V690) ha avviato le operazioni di perforazione presso la sua proprietà Hecla-Kilmer, di cui detiene il 100%, dopo aver ottenuto un permesso di esplorazione. L'azienda prevede una campagna di perforazione di 5.000 metri che mirerà alle zone periferiche a nord-est e sud-est, così come alla perforazione estensiva attorno alla Zona Pike, con l'obiettivo di stabilire una prima stima delle risorse.

Inoltre, Neotech ha nominato Justin Daley, MSc, P.Geo come consulente tecnico per il consiglio di amministrazione. Daley, CEO e Presidente di VR Resources, porta con sé un'ampia esperienza nella gestione di programmi di perforazione presso il progetto di Elementi delle Terre Rare Hecla-Kilmer nel Northern Ontario. Come parte della sua compensazione, Neotech concederà a Daley 50.000 opzioni sulle azioni, esercitabili a $0,30 per un periodo di tre anni.

Il CEO Reagan Glazier ha espresso entusiasmo per l'esplorazione di Hecla-Kilmer, situata all'interno del territorio tradizionale delle First Nations Moose Cree, della Taykwa Tagamou Nation e della Metis Nation dell'Ontario.

Neotech Metals Corp. (CSE: NTMC, OTC Pink: NTMFF, FSE: V690) ha comenzado las operaciones de perforación en su propiedad Hecla-Kilmer, de la que posee el 100%, tras recibir un permiso de exploración. La compañía planea una campaña de perforación de 5,000 metros que se enfocará en las zonas periféricas al noreste y sureste, así como en perforaciones expansivas alrededor de la Zona Pike, con el objetivo de establecer una primera estimación de recursos.

Adicionalmente, Neotech ha nombrado a Justin Daley, MSc, P.Geo como asesor técnico de la junta. Daley, quien es el CEO y Presidente de VR Resources, aporta una amplia experiencia en la gestión de programas de perforación en el proyecto de Elementos de Tierras Raras Hecla-Kilmer en el Norte de Ontario. Como parte de su compensación, Neotech otorgará a Daley 50,000 opciones sobre acciones, ejercitables a $0.30 durante un período de tres años.

El CEO Reagan Glazier expresó entusiasmo por la exploración de Hecla-Kilmer, que se encuentra dentro del territorio tradicional de las First Nations Moose Cree, la Taykwa Tagamou Nation y la Metis Nation de Ontario.

네오텍 메탈스 Corp. (CSE: NTMC, OTC Pink: NTMFF, FSE: V690)는 탐사 허가를 받은 후 100% 소유의 헤클라-킬머 자산에서 드릴링 작업을 시작했습니다. 회사는 북동쪽 및 남동쪽의 주변 지역과 파이크 존 주변에서의 확장 드릴링을 목표로 하는 5,000 미터 드릴링 캠페인을 계획하고 있으며, 이를 통해 첫 자원 추정치를 확립할 목표를 가지고 있습니다.

또한 네오텍은 저스틴 데일, MSc, P.Geo를 이사회 기술 고문으로 임명했습니다. VR 자원의 CEO이자 사장인 데일은 온타리오 북부의 헤클라-킬머 희토류 프로젝트에서 드릴 프로그램 관리에 대한 광범위한 경험을 가지고 있습니다. 그의 보상의 일환으로 Neotech은 데일에게 50,000 주식 옵션을 부여하며, 이는 3년간 $0.30에 행사할 수 있습니다.

CEO 레이건 글레지어는 무스 크리 퍼스트 네이션, 타이콰 타가무 네이션 및 온타리오 메티스 네이션의 전통적인 영토에 위치한 헤클라-킬머 탐사에 대한 열정을 표명했습니다.

Neotech Metals Corp. (CSE: NTMC, OTC Pink: NTMFF, FSE: V690) a lancé des opérations de forage sur sa propriété Hecla-Kilmer dont elle est propriétaire à 100%, après avoir reçu un permis d'exploration. La société prévoit une campagne de forage de 5 000 mètres visant les zones périphériques au nord-est et au sud-est, ainsi que des forages d'extension autour de la Zone Pike, dans le but d'établir une première estimation des ressources.

De plus, Neotech a nommé Justin Daley, MSc, P.Geo en tant que conseiller technique auprès du conseil d'administration. Daley, qui est le PDG et président de VR Resources, apporte une vaste expérience dans la gestion de programmes de forage au projet des éléments de terres rares Hecla-Kilmer dans le Nord de l'Ontario. Dans le cadre de sa rémunération, Neotech attribuera à Daley 50 000 options d'achat d'actions, exerçables à 0,30 $ sur une période de trois ans.

Le PDG Reagan Glazier a exprimé son enthousiasme pour l'exploration de Hecla-Kilmer, qui se situe sur le territoire traditionnel des Moose Cree First Nations, de la Taykwa Tagamou Nation et de la Métis Nation de l'Ontario.

Neotech Metals Corp. (CSE: NTMC, OTC Pink: NTMFF, FSE: V690) hat nach Erhalt einer Erkundungsgenehmigung mit den Bohrarbeiten auf seiner 100% im Besitz befindlichen Hecla-Kilmer-Liegenschaft begonnen. Das Unternehmen plant eine 5.000 Meter umfassende Bohrkampagne, die auf die Randzonen im Nordosten und Südosten sowie auf Erweiterungsbohrungen rund um die Pike-Zone abzielt, mit dem Ziel, eine erste Ressourcenschätzung zu erstellen.

Zusätzlich hat Neotech Justin Daley, MSc, P.Geo als technischen Berater im Vorstand ernannt. Daley, der CEO und Präsident von VR Resources ist, bringt umfangreiche Erfahrungen in der Verwaltung von Bohrprogrammen beim Hecla-Kilmer-Projekt für seltene Erden im Norden Ontarios mit. Im Rahmen seiner Vergütung wird Neotech Daley 50.000 Aktienoptionen gewähren, die für einen Zeitraum von drei Jahren zu einem Preis von $0,30 ausgeübt werden können.

CEO Reagan Glazier äußerte seine Begeisterung für die Erkundung von Hecla-Kilmer, das sich im traditionellen Territorium der Moose Cree First Nations, der Taykwa Tagamou Nation und der Metis Nation von Ontario befindet.

Positive
  • Commencement of 5,000-meter drilling campaign at Hecla-Kilmer property
  • Appointment of experienced technical advisor Justin Daley
  • Goal to establish a maiden resource estimate
  • 100% ownership of the Hecla-Kilmer property
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - October 4, 2024) - Neotech Metals Corp. (CSE: NTMC) (OTC Pink: NTMFF) (FSE: V690) ("Neotech" or the "Company") is pleased to announce that it has received its exploration permit and has commenced drilling operations at its 100% wholly-owned Hecla-Kilmer property. The Company is also pleased to welcome Mr. Justin Daley as an advisor to the board.

The 5,000-meter drilling campaign will target peripheral zones to the northeast and southeast, in addition to extensional drilling around the Pike Zone, with the goal of establishing a maiden resource estimate.

Justin Daley, CEO and President of VR Resources, has managed multiple drill programs at Neotech's Hecla-Kilmer Rare Earth Element project in Northern Ontario and brings extensive experience in the geology, geophysics, and geochemistry of Rare Earth Element and Niobium systems.

"We're fortunate to have Mr. Daley join our team as his knowledge and experience will provide invaluable insight as we explore and advance this project." Reagan Glazier, CEO, commented: "We're also thrilled to be exploring at Hecla-Kilmer, which is located within the traditional territory of the Moose Cree First Nations, Taykwa Tagamou Nation and Metis Nation of Ontario."

As part of his compensation, Neotech will grant Mr. Daley 50,000 stock options, exercisable at a price of $0.30 for a three-year term.

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.

The Company has a diversified portfolio including its new flagship project, Hecla-Kilmer, located 20 km from the Otter Rapids 180MW hydroelectric power generation station and active Ontario Northway railway. Hecla-Kilmer was recently acquired in July 2024. The Company also wholly owns its TREO and Foothills projects located in British Columbia.

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/225710

FAQ

What is the size of Neotech Metals Corp.'s (NTMFF) planned drilling campaign at Hecla-Kilmer?

Neotech Metals Corp. (NTMFF) has planned a 5,000-meter drilling campaign at its Hecla-Kilmer property.

Who has Neotech Metals Corp. (NTMFF) appointed as a technical advisor?

Neotech Metals Corp. (NTMFF) has appointed Justin Daley, MSc, P.Geo, as a technical advisor to the board.

What is the main goal of Neotech Metals Corp.'s (NTMFF) drilling campaign at Hecla-Kilmer?

The main goal of Neotech Metals Corp.'s (NTMFF) drilling campaign at Hecla-Kilmer is to establish a maiden resource estimate.

What compensation will Justin Daley receive from Neotech Metals Corp. (NTMFF)?

As part of his compensation, Neotech Metals Corp. (NTMFF) will grant Justin Daley 50,000 stock options, exercisable at $0.30 for a three-year term.

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