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Neotech Metals Corp. Completes Inaugural Drill Program at Hecla-Kilmer

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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, OTCQB: NTMFF) ha completato il suo primo programma di perforazione presso il progetto Hecla-Kilmer, eseguendo quasi 5.000 metri di perforazione. Il programma completamente finanziato mirava ad estendersi da precedenti intercettazioni significative, inclusi il foro HK24-013 con 361m di 1,0% TREO (20% PMREOs) dalla superficie della roccia e il foro HK24-008 con 120m di 0,5% TREO e 0,20% Nb2O5 nella Zona Pike. Ulteriori test sono stati condotti nella zona South Rim. I campioni di carota saranno valutati e inviati per analisi, con una piccola squadra che rimane sul posto per completare le attività correlate.

Neotech Metals Corp (CSE: NTMC, OTCQB: NTMFF) ha completado su primer programa de perforación en el proyecto Hecla-Kilmer, realizando casi 5.000 metros de perforación. El programa, completamente financiado, tenía como objetivo extenderse a partir de intersecciones significativas anteriores, incluidas el pozo HK24-013 con 361 m de 1,0% TREO (20% PMREOs) desde la superficie del lecho de roca y el pozo HK24-008 con 120 m de 0,5% TREO y 0,20% Nb2O5 en la Zona Pike. Se llevaron a cabo pruebas adicionales en la zona South Rim. Se evaluarán los muestras del núcleo y se enviarán para ensayos, con un pequeño equipo que permanece en el lugar para completar las actividades relacionadas.

Neotech Metals Corp (CSE: NTMC, OTCQB: NTMFF)는 Hecla-Kilmer 프로젝트에서 첫 번째 드릴링 프로그램을 완료하고 거의 5,000미터의 드릴링을 수행했습니다. 완전히 자금 지원된 이 프로그램은 이전의 중요한 절단에서 확장하는 것을 목표로 하였으며, HK24-013 구멍은 암석 표면에서 361m의 1.0% TREO (20% PMREOs)를 포함하고, HK24-008 구멍은 Pike Zone에서 120m의 0.5% TREO 및 0.20% Nb2O5를 포함하고 있습니다. 추가 테스트가 South Rim 구역에서 수행되었습니다. 코어 샘플은 평가되고 분석을 위해 발송될 것이며, 소규모 팀이 현장에 남아 관련 활동을 완수할 것입니다.

Neotech Metals Corp (CSE: NTMC, OTCQB: NTMFF) a terminé son premier programme de forage sur le projet Hecla-Kilmer, réalisant près de 5 000 mètres de forage. Le programme entièrement financé visait à s'étendre à partir d'interceptions significatives précédentes, y compris le trou HK24-013 avec 361 m de 1,0 % TREO (20 % PMREOs) depuis la surface du substratum et le trou HK24-008 avec 120 m de 0,5 % TREO et 0,20 % Nb2O5 dans la Zone Pike. Des tests supplémentaires ont été réalisés dans la zone South Rim. Les échantillons de carottes seront évalués et envoyés pour analyses, avec une petite équipe restant sur place pour terminer les activités connexes.

Neotech Metals Corp (CSE: NTMC, OTCQB: NTMFF) hat sein erstes Bohrprogramm im Hecla-Kilmer Projekt abgeschlossen und fast 5.000 Meter gebohrt. Das vollständig finanzierte Programm zielte darauf ab, von früheren signifikanten Interzepten auszuweiten, darunter das Loch HK24-013 mit 361 m von 1,0% TREO (20% PMREOs) von der Gesteinsoberfläche und das Loch HK24-008 mit 120 m von 0,5% TREO und 0,20% Nb2O5 in der Pike Zone. Zusätzliche Tests wurden in der South Rim Zone durchgeführt. Kernproben werden bewertet und zur Analyse geschickt, während ein kleines Team vor Ort bleibt, um damit verbundene Aktivitäten abzuschließen.

Positive
  • Successful completion of 5,000-meter maiden drill program
  • Previous significant intercepts include 361m of 1.0% TREO with 20% PMREOs
  • Program completed without safety incidents
  • Fully funded drilling program
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - November 19, 2024) - Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) (FSE: V690) ("Neotech" or "the Company") is pleased to announce the completion of its maiden drill program at its flagship project, Hecla-Kilmer ("H/K"). The program conducted nearly 5,000 meters of drilling, where all core is to be assessed, sampled, split, and sent to laboratories for assays. A small crew remains at Hecla-Kilmer to conduct the remaining project activities related to the acquired cores and data.

The fully-funded drill program aimed to extend out laterally from holes such as HK24-013 that intercepted 361m of 1.0% TREO (20% was PMREOs) from bedrock surface and hole HK24-008 with 120m of 0.5% TREO and 0.20% Nb2O5" in the Pike Zone. Additional drill testing in the "South Rim" zone and more peripheral targets was also undertaken. Please see attached drill map for additional information. The Company is also reports that the program was completed without any safety incidents.

"I'm pleased with how much progress was made at H/K, and want to thank all contractors, local suppliers, communities, and First-Nations partners for their contributions in ensuring a successful drill program," commented CEO Reagan Glazier, "We remain optimistic about the future of H/K and look forward to the assays and upcoming work season next year."

Cannot view this image? Visit: https://images.newsfilecorp.com/files/9768/230478_bc48c38364c39a11_001.jpg

Map Figure 1 - Detailed magnetics map showing drilling performed by VR Resources, and Neotech's continuation along/around the syenite intrusive complex, along with the historic winter road that remains cleared to this day.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9768/230478_bc48c38364c39a11_001full.jpg

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, Hecla-Kilmer, located 20 km from the Otter Rapids 180MW hydroelectric power generation station and active Ontario Northway railway, 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. 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/230478

FAQ

What were the key drilling results from Neotech Metals' (NTMFF) Hecla-Kilmer program?

The program extended from previous intercepts including hole HK24-013 with 361m of 1.0% TREO (20% PMREOs) and hole HK24-008 with 120m of 0.5% TREO and 0.20% Nb2O5 in the Pike Zone.

How many meters were drilled in Neotech Metals' (NTMFF) maiden drill program at Hecla-Kilmer?

Neotech Metals completed nearly 5,000 meters of drilling in their maiden drill program at Hecla-Kilmer.

What zones were targeted in Neotech Metals' (NTMFF) Hecla-Kilmer drilling program?

The drilling program targeted the Pike Zone and the South Rim zone, along with other peripheral targets.

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