Neotech Metals Corp. Drills 86 Meters of 1.06% TREO from Bedrock Surface Approximately 300 Meters from the Pike Zone Mineralized Corridor in Its Inaugural Drill Program at Hecla-Kilmer
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) ha annunciato i risultati preliminari delle analisi geochimiche provenienti dal suo programma di perforazione esplorativa con diamante presso il progetto Hecla-Kilmer nel Nord dell'Ontario. L'azienda ha completato 12 nuovi fori di perforazione nel 2024, concentrandosi su tre aree principali: Pike Zone (7 fori), Northeast Zone (3 fori) e South Rim Zone (2 fori).
Il primo foro di perforazione riportato, HK24-034, situato a circa 300 metri a sud della Pike Zone, ha confermato molteplici intervalli mineralizzati contenenti livelli elevati di niobio e terre rare. Il foro ha rivelato una mineralizzazione significativa di 1.06% TREO (Ossido Totale di Terre Rare) su 86 metri dalla superficie della roccia madre.
L'azienda sta attualmente sviluppando piani per un programma di perforazione di espansione/definizione delle risorse e lavori preliminari di test mineralogico-metalurgico. L'analisi dei campioni e la compilazione dei dati per i restanti 11 fori di perforazione sono in corso, con risultati che saranno riportati in successivi comunicati.
Neotech Metals Corp. (NTMFF) ha anunciado los resultados preliminares de los ensayos geoquímicos de su programa de perforación de diamante exploratorio en el Proyecto Hecla-Kilmer en el norte de Ontario. La compañía completó 12 nuevos agujeros de perforación en 2024, enfocándose en tres áreas principales: Pike Zone (7 agujeros), Northeast Zone (3 agujeros) y South Rim Zone (2 agujeros).
El primer agujero de perforación informado, HK24-034, ubicado aproximadamente a 300 m al sur de la Pike Zone, ha confirmado múltiples intervalos mineralizados que contienen niveles elevados de niobio y elementos de tierras raras. El agujero reveló una mineralización significativa de 1.06% TREO (Óxido Total de Tierras Raras) sobre 86 metros desde la superficie de la roca madre.
La compañía está desarrollando actualmente planes para un programa de perforación de expansión/definición de recursos y trabajos preliminares de pruebas mineralógicas-metalúrgicas. El análisis de muestras y la compilación de datos para los 11 agujeros de perforación restantes están en curso, con resultados que se informarán en comunicados posteriores.
Neotech Metals Corp. (NTMFF)는 온타리오 북부의 Hecla-Kilmer 프로젝트에서의 탐사 다이아몬드 드릴링 프로그램에 대한 초기 지구화학 분석 결과를 발표했습니다. 회사는 2024년에 12개의 새로운 드릴 홀을 완료했으며, 세 가지 주요 지역인 Pike Zone(7홀), Northeast Zone(3홀), South Rim Zone(2홀)을 목표로 했습니다.
첫 번째로 보고된 드릴 홀 HK24-034는 Pike Zone에서 약 300m 남쪽에 위치하고 있으며, 니오븀과 희토류 원소의 농도가 높은 여러 광물화 구간을 확인했습니다. 이 홀은 암석 표면에서 86미터에 걸쳐 1.06% TREO (총 희토류 산화물)의 중요한 광물화를 나타냈습니다.
회사는 현재 확장/자원 정의 드릴링 프로그램 및 초기 광물학-금속학 테스트 작업을 위한 계획을 개발하고 있습니다. 나머지 11개의 드릴 홀에 대한 샘플 분석 및 데이터 수집이 진행 중이며, 결과는 후속 발표에서 보고될 예정입니다.
Neotech Metals Corp. (NTMFF) a annoncé les résultats préliminaires des analyses géochimiques de son programme de forage diamant exploratoire au projet Hecla-Kilmer dans le nord de l'Ontario. L'entreprise a complété 12 nouveaux trous de forage en 2024, ciblant trois zones principales : Pike Zone (7 trous), Northeast Zone (3 trous) et South Rim Zone (2 trous).
Le premier trou de forage rapporté, HK24-034, situé à environ 300 m au sud de la Pike Zone, a confirmé plusieurs intervalles minéralisés contenant des niveaux élevés de niobium et d'éléments de terres rares. Le trou a révélé une minéralisation significative de 1.06% TREO (Oxyde Total de Terres Rares) sur 86 mètres à partir de la surface du substratum.
L'entreprise élabore actuellement des plans pour un programme de forage d'expansion/définition des ressources et des travaux préliminaires de tests minéralogiques-métallurgiques. L'analyse des échantillons et la compilation des données pour les 11 autres trous de forage sont en cours, avec des résultats qui seront rapportés dans des communiqués ultérieurs.
Neotech Metals Corp. (NTMFF) hat vorläufige geochemische Analyseergebnisse aus seinem explorativen Diamantbohrprogramm im Hecla-Kilmer-Projekt im Norden Ontarios bekannt gegeben. Das Unternehmen hat im Jahr 2024 12 neue Bohrlöcher abgeschlossen, die sich auf drei Hauptbereiche konzentrierten: Pike Zone (7 Löcher), Northeast Zone (3 Löcher) und South Rim Zone (2 Löcher).
Das erste berichtete Bohrloch, HK24-034, das sich etwa 300 m südlich der Pike Zone befindet, hat mehrere mineralisierte Intervalle mit erhöhten Gehalten an Niob und Seltenen Erden bestätigt. Das Loch zeigte eine signifikante Mineralisierung von 1.06% TREO (Gesamtgehalt an Seltenen Erden) über 86 Meter von der Gesteinsoberfläche.
Das Unternehmen entwickelt derzeit Pläne für ein Erweiterungs-/Ressourcendefinitionsbohrprogramm sowie vorläufige mineralogisch-metallurgische Tests. Die Analyse der Proben und die Datensammlung für die verbleibenden 11 Bohrlöcher sind im Gange, und die Ergebnisse werden in zukünftigen Veröffentlichungen bekannt gegeben.
- Discovery of significant mineralization with 1.06% TREO over 86 meters from bedrock surface
- Strategic location of mineralization approximately 300m from Pike Zone
- Successful completion of 12 new drill holes across three target zones
- None.
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2025) - Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) (FSE: V690) ("Neotech" or "the Company") is pleased to announce preliminary geochemical assay results from its exploratory diamond drilling program of the Niobium and Rare Earth Element ("REE") carbonatites located at the Hecla-Kilmer ("H/K") Project near Otter Rapids in the James Bay Lowlands of Northern, Ontario.
A total of 12 new drill holes (of which 11 are still to be reported) were completed in 2024 by Neotech to supplement the 24 legacy drillholes completed by VR Resources ("VR") in previous exploration campaigns. The 2024 drillholes (see Map Figure 1) were designed to test for intervals of Total Rare Earth Oxide ("TREO") and Niobium Oxide ("Nb2O5") within the alkaline intrusive carbonatite complex, targeting 3 primary areas identified through historical magnetic and gravity surveys. Target areas include the Pike Zone (7 drill holes, 3061 meters), Northeast Zone (3 holes, 1281 meters), and South Rim Zone (2 holes, 698 meters). Drill hole locations and assays reported in the press release are shown on Map 1.
Hole HK24-034, located approximately 300m south of the Pike Zone region, have confirmed the presence of multiple mineralized intervals that contain elevated levels of niobium and/or rare earth elements. These intervals are coincident with altered and/or mineralized intervals that were identified visually by Neotech core loggers in the field. The results for this hole include:
Highlights from HK24-034
| From (m) | To (m) | Interval (m) | TREO* (%) | PMREO** (%) |
| 44 | 130 | 86 | 1.06 | 0.18 |
| 184 | 208 | 24 | 0.64 | 0.12 |
Sample analysis and data compilation remains ongoing, and any additional mineralized intervals identified in the remaining drill holes will be reported in subsequent news releases.
"The discovery of bedrock-surface mineralization near the Pike Zone presents significant opportunities for the Hecla-Kilmer Project," stated CEO Reagan Glazier. "The strong PMREO values in HK24-034 are consistent with previous intercepts and highlight a clear path to enhancing the project's overall value."
Map Figure 1 - Drill Map of Hecla-Kilmer's Pike Zone from 2024 Drill Season
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9768/241860_c65e6edd04fb7960_001full.jpg
Methodology and Quality Assurance/Quality Control ("QA/QC")
Drillholes were drilled at various inclined angles with the assay intervals as total core widths. The material produced from the diamond drillholes was sampled at two metre intervals with the core split in half, resulting in average sample sizes of 2-4 kg. Half of the core is sent to the analytical laboratory, and the other half is kept in storage as required by industry standards and by Ontario provincial regulations. The original core was logged, photographed, and sampled on location by Neotech personnel.
The bagged and catalogued samples were delivered to Activation Laboratories Ltd. ("Actlabs") in Timmins, Ontario, for initial preparation and final analysis. All sample preparation and analytical work referenced in this report were conducted by Actlabs, an independent geoanalytical laboratory accredited to ISO-IEC 17025:2017 and ISO 9001:2015 standards. In addition to Actlabs' internal QA/QC protocols, Neotech Metals incorporated its own control samples in each batch submitted for analysis.
Quality control samples, including blanks, duplicates, and standards (Certified Reference Materials) were inserted into the sample series at set intervals. For all analysis methods, the minimum number of QA/QC samples was two CRM standards per hole, one duplicate and/or one blank for every 10 samples taken, for a total of
All analytical results reported herein have passed internal QA/QC review and compilation. All assay results of drill core samples were provided by Actlabs, a Certified Laboratory, which performed their measure of the concentration of rare earth elements (REE) with the analytical method that uses lithium borate fusion prior to the second stage sodium peroxide fusion and Inductively Coupled Plasma Mass Spectrometry (ICP-MS). Major Element Oxides were done using the lithium borate analytical method and Inductively Coupled Plasma Optical Emission Spectroscopy (ICP-OES).
Upcoming 2025 Exploration Season
Neotech is currently developing plans for an expansion/resource-definition drilling program and preliminary mineralogical-metallurgical test work on the diamond drill core from this program. Ongoing geological modelling and targeting will continue as the Company receives additional assays.
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 of Rare-Earth Element and Rare Metals projects, including the 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
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
*TREO (Total Rare-Earth Oxides) has been used to express the results in the press release. TREO is calculated by converting the elemental ppm to Rare-Earth Oxides using a conversion factor and is the summation of CeO2 + La2O3 + Pr6O11 + Nd2O3 + Sm2O3 + Eu2O3 + Gd2O3 + Tb4O7 + Dy2O3 + Ho2O3 + Er2O3 + Tm2O3 + Yb2O3 + Lu2O3 + Y2O3.
**PMREO (Permanent Magnet Rare-Earth Oxides) has been used to express the results in the press release. TREO is calculated by converting the elemental ppm to Rare-Earth Oxides using a conversion factor and is the summation of Pr6O11 + Nd2O3 + Tb4O7 + Dy2O3
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/241860
FAQ
What TREO mineralization did Neotech Metals (NTMFF) discover in their February 2024 drilling at Hecla-Kilmer?
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What are the three primary target areas in Neotech Metals' (NTMFF) Hecla-Kilmer project?
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