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Neotech Metals Corp. Receives Exploration Permit for its TREO Project

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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) ha ottenuto un permesso di esplorazione mineraria dall'Ufficio Miniere della Columbia Britannica per il suo progetto TREO interamente posseduto, situato a 80 chilometri a nord-est di Prince George, in Columbia Britannica. Il permesso consente operazioni di perforazione in 10 siti identificati attraverso attività di esplorazione precedenti.

La stagione di campo 2024 dell'azienda ha prodotto risultati notevoli, con campioni di substrato che mostrano gradi di fino a 28.97% TREO e 2.91% Nb₂O₅. I lavori di esplorazione sono programmati per iniziare nell'estate del 2025, concentrandosi su obiettivi di mineralizzazione di alta qualità e prossimi alla superficie precedentemente identificati.

Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) ha obtenido un permiso de exploración mineral de la Oficina de Minas de Columbia Británica para su proyecto TREO de propiedad total, ubicado a 80 kilómetros al noreste de Prince George, Columbia Británica. El permiso permite operaciones de perforación en 10 ubicaciones que fueron identificadas a través de actividades de exploración anteriores.

La temporada de campo 2024 de la empresa produjo resultados notables, con muestras de lecho que muestran grados de hasta 28.97% TREO y 2.91% Nb₂O₅. El trabajo de exploración está programado para comenzar en el verano de 2025, enfocándose en objetivos de mineralización de alta calidad y cercanos a la superficie que fueron identificados previamente.

Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF)는 브리티시컬럼비아주 프린스 조지에서 북동쪽으로 80킬로미터 떨어진 위치에 있는 자사의 전액 소유 TREO 프로젝트에 대해 BC 광산 사무소로부터 광물 탐사 허가를 확보했습니다. 이 허가는 이전 탐사 활동을 통해 식별된 10개 패드 위치에서의 시추 작업을 허용합니다.

회사의 2024년 현장 시즌은 주목할 만한 결과를 얻었으며, 암석 샘플에서 최대 28.97% TREO2.91% Nb₂O₅의 등급이 나타났습니다. 탐사 작업은 2025년 여름에 시작될 예정이며, 이전에 식별된 고품질의 표면 근처의 광물화 목표에 집중할 것입니다.

Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) a obtenu un permis d'exploration minière du Bureau des Mines de la Colombie-Britannique pour son projet TREO entièrement détenu, situé à 80 kilomètres au nord-est de Prince George, en Colombie-Britannique. Le permis autorise des opérations de forage à 10 emplacements de plateforme, qui ont été identifiés grâce à des activités d'exploration antérieures.

La saison de terrain 2024 de l'entreprise a produit des résultats remarquables, avec des échantillons de roche montrant des grades allant jusqu'à 28,97 % TREO et 2,91 % Nb₂O₅. Les travaux d'exploration devraient commencer à l'été 2025, en se concentrant sur des cibles de minéralisation de haute qualité et proches de la surface précédemment identifiées.

Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) hat eine Genehmigung zur Mineralexploration vom BC Mines Office für sein zu 100 % im Besitz befindliches TREO-Projekt erhalten, das 80 Kilometer nordöstlich von Prince George in British Columbia liegt. Die Genehmigung erlaubt Bohrarbeiten an 10 Standorten, die durch frühere Explorationsaktivitäten identifiziert wurden.

Die Feldsaison 2024 des Unternehmens brachte bemerkenswerte Ergebnisse, mit Gesteinsproben, die Gehalte von bis zu 28,97% TREO und 2,91% Nb₂O₅ aufweisen. Die Explorationsarbeiten sind für den Sommer 2025 geplant und konzentrieren sich auf hochwertige, nah an der Oberfläche liegende Mineralisationsziele, die zuvor identifiziert wurden.

Positive
  • Obtained mineral exploration permit for 10 drilling pad locations
  • 2024 field season yielded high-grade bedrock samples of 28.97% TREO
  • 100% ownership of TREO Project
Negative
  • Drilling operations delayed until summer 2025

Vancouver, British Columbia--(Newsfile Corp. - January 27, 2025) - Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) (FSE: V690) ("Neotech" or the "Company") is pleased to announce that it has received a mineral exploration permit (the "Permit") from the BC Mines Office for its 100%-owned TREO Project, located approximately 80 kilometers northeast from Prince George, British Columbia.

The Permit authorizes Neotech to conduct drilling on 10 pad locations, identified through previous exploration programs. This work follows the 2024 field season, which yielded significant results, including bedrock samples with grades of up to 28.97% TREO* and 2.91% Nb₂O₅.

"I'm pleased to share these exciting developments for our Company," said CEO Reagan Glazier. "We're eager to advance these prospective exploration targets, with emphasis on high-grade, near-surface mineralization identified in earlier programs."

Work is expected to be conducted in the summer 2025 exploration season. Further updates with ongoing developments will be provided in the future.

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 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

*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.

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/238403

FAQ

What are the key findings from Neotech Metals' (NTMFF) 2024 field season at the TREO Project?

The 2024 field season yielded significant results, with bedrock samples showing grades of up to 28.97% TREO and 2.91% Nb₂O₅.

When will Neotech Metals (NTMFF) begin drilling operations at the TREO Project?

Drilling operations are scheduled to commence in the summer 2025 exploration season.

How many drilling pad locations were approved in Neotech Metals' (NTMFF) new exploration permit?

The mineral exploration permit authorizes Neotech to conduct drilling on 10 pad locations.

Where is Neotech Metals' (NTMFF) TREO Project located?

The TREO Project is located approximately 80 kilometers northeast from Prince George, British Columbia.

NEOTECH METALS CORP

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