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Neotech Metals Corp. Samples 28.97% TREO and 2.91% Nb2O5 at the TREO Project

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Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) has announced significant assay results from its 2024 field reconnaissance program at the TREO Project in British Columbia. The program yielded impressive findings from 113 rock samples, with a peak value of 28.97% TREO and 17 samples exceeding 1.0% TREO. Notable niobium values were also discovered, reaching 2.91% Nb2O5 with 20 samples above 0.15% Nb2O5. All samples were collected from bedrock/outcrop exposures within mapped carbonatites. The company plans to conduct off-season modeling and additional reconnaissance work to define drill targets.

Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) ha annunciato risultati di analisi significativi dal suo programma di ricognizione di campo del 2024 nel progetto TREO in British Columbia. Il programma ha fornito risultati impressionanti da 113 campioni di roccia, con un valore massimo di 28,97% TREO e 17 campioni che superano l'1,0% TREO. Sono stati scoperti anche valori notevoli di niobio, raggiungendo 2,91% Nb2O5 con 20 campioni oltre lo 0,15% Nb2O5. Tutti i campioni sono stati raccolti da affioramenti di roccia madre/mappati carbonatiti. L'azienda prevede di eseguire modellazione fuori stagione e ulteriori lavori di ricognizione per definire gli obiettivi di perforazione.

Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) ha anunciado resultados significativos de análisis de su programa de reconocimiento de campo 2024 en el proyecto TREO en Columbia Británica. El programa arrojó hallazgos impresionantes de 113 muestras de roca, con un valor máximo de 28.97% TREO y 17 muestras que superan el 1.0% TREO. También se descubrieron valores notables de niobio, alcanzando 2.91% Nb2O5 con 20 muestras por encima del 0.15% Nb2O5. Todas las muestras fueron recolectadas de exposiciones de roca madre/carbonatitas mapeadas. La compañía planea realizar modelado en temporada baja y trabajos de reconocimiento adicionales para definir los objetivos de perforación.

Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF)는 브리티시컬럼비아의 TREO 프로젝트에 대한 2024년 필드 정찰 프로그램의 중요한 분석 결과를 발표했습니다. 이 프로그램은 113개의 암석 샘플에서 인상적인 결과를 도출했으며, 최고 값이 28.97% TREO이고 1.0% TREO를 초과하는 샘플이 17개 발견되었습니다. 또한, 2.91% Nb2O5에 도달하는 주목할 만한 니오븀 값이 발견되었으며, 0.15% Nb2O5를 초과하는 샘플이 20개 있었습니다. 모든 샘플은 매핑된 탄산염암 내의 노출된 암반에서 수집되었습니다. 회사는 비수기 동안 모델링과 추가 정찰 작업을 수행하여 드릴 타겟을 정의할 계획입니다.

Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) a annoncé des résultats d'analyse significatifs de son programme de reconnaissance sur le terrain de 2024 au projet TREO en Colombie-Britannique. Le programme a donné des résultats impressionnants à partir de 113 échantillons de roche, avec une valeur maximale de 28,97 % TREO et 17 échantillons dépassant 1,0 % TREO. Des valeurs notables de niobium ont également été découvertes, atteignant 2,91 % Nb2O5 avec 20 échantillons supérieurs à 0,15 % Nb2O5. Tous les échantillons ont été collectés à partir d'affleurements de roche mère/carbnonatites cartographiés. La société prévoit de réaliser des modélisations hors saison et des travaux de reconnaissance supplémentaires pour définir les cibles de forage.

Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) hat bedeutende Analyseergebnisse aus seinem Geländeerkennungsprogramm 2024 im TREO-Projekt in British Columbia bekannt gegeben. Das Programm lieferte beeindruckende Ergebnisse aus 113 Gesteinsproben mit einem Spitzenwert von 28,97% TREO und 17 Proben, die 1,0% TREO überschreiten. Auch bemerkenswerte Niobwerte wurden entdeckt, die 2,91% Nb2O5 erreichten, wobei 20 Proben über 0,15% Nb2O5 lagen. Alle Proben wurden aus Aufschluss-/Felsoberflächen innerhalb kartierter Carbonatite entnommen. Das Unternehmen plant, außerhalb der Saison Modellierungen und zusätzliche Erkundungsarbeiten durchzuführen, um Bohrziele zu definieren.

Positive
  • Peak sample value of 28.97% TREO from reconnaissance program
  • 17 samples showed over 1.0% TREO content
  • High niobium values with peak of 2.91% Nb2O5
  • Strategic location with access to railway, powerlines, and year-round maintained roads
  • 100% ownership of the TREO Project
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - November 25, 2024) - Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) (FSE: V690) ("Neotech" or "the Company") is pleased to announce the assay results from the 2024 field reconnaissance program at its 100% owned TREO Project, ("the Property") located 85 km Northeast from Prince George, British Columbia.

Out of the 113 rock samples collected, the assay results saw a peak value of 28.97% TREO* with 17 samples that assayed above 1.0% TREO* as shown in the Results Table below. Additionally, numerous assays from the same sample set exhibited anomalous niobium values, with a peak of 2.91% Nb₂O₅ and 20 samples exceeding 0.15% Nb₂O₅ as shown in the Results Table below. All samples were sourced from bedrock/outcrop exposures within mapped carbonatites featuring iron-oxide alteration, altered phyllites, and syenites. The grades of TREO and niobium were found to correlate with varying degrees of alteration.

Plans to expand on the results include off-season modelling, including 3D projections to project and define drill targets, as well as planning additional reconnaissance work programs for the next season to both broaden and define targets.

"The consistent high-grade, at-surface results extending over 4 kilometers from Wicheeda Lake provide excellent definition and strong encouragement for the potential of broad zones of mineralization," commented CEO Reagan Glazier. "Our team is working diligently to advance the TREO project, enhancing our understanding of the region and ensuring the best possible outcomes for the upcoming drill program."

TREO Project

The TREO project is situated ~50 kilometers due East of Bear Lake, British Columbia, which touts an active railway, powerlines driven by hydroelectric projects, and year-round maintained roads. The Wicheeda district features a development-stage Rare-Earth project with a positive economic assessment study**, making nearby areas highly prospective for additional discoveries.

The road-accessible property enables low-cost exploration programs with simple logistics. All sides of the mineral tenure feature Forest-Service Roads with bridges in place, reducing the overall footprint required to conduct our programs. Upcoming programs will aim to strategically target extensions in key locations in preparation of a more detailed study.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/9768/231139_7bb2a1bbd4846af7_001.jpg

Map Figure 1 - Detailed rock sample results map showing sample locations across the Neotech TREO Project claims.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9768/231139_7bb2a1bbd4846af7_001full.jpg

Sample

Sample
IDNb2O5 IDTREO

(%)

(%)
744910.17
744761.80
795130.24
744783.47
795270.21
7447914.85
795410.19
744813.98
795450.15
795033.60
795460.52
7950411.20
795480.35
7951228.97
795530.71
795134.47
795541.50
7951413.77
795550.62
795331.15
795561.19
7953511.10
795571.08
795364.11
795581.50
795771.76
795590.20
795792.65
795610.18
795935.14
795630.23
795981.74
795760.18
795994.01
795770.19


795922.91


795930.37


 

Results Table 1 - Sample Assays with Results Over 0.15% for Nb2O5 and Over 1% TREO

Methodology and Quality Assurance/Quality Control

The analytical work reported herein (sample preparation and analysis) was performed by Activation Laboratories Ltd. ("Actlabs") at their Kamloops, B.C. facilities. Actlabs is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory independent of Neotech Metals and the QP. Samples were dried to 60 degrees Celsius, sieved to keep particles smaller than -177 μm, and analyzed using multi-element Fusion ICP-MS via lithium-borate fusion to determine individual REE content (Actlabs' 4LITHO analysis code). Neotech follows industry-standard procedures for the work carried out on the TREO Project, with a quality assurance/quality control ("QA/QC") program. Samples, including blanks, duplicates, and certified reference material, were systematically inserted both by the Company and Actlabs for analysis. Neotech detected no significant QA/QC issues during the data review.

About Neotech Metals Corp.

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.

*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.

**Direct reference to Defense Metals Preliminary Economic Assessment Report done by SRK Consulting named "Independent Preliminary Economic Assessment for the Wicheeda Rare Earth Element Project, British Columbia, Canada - Dated January 2022" - link to study https://minedocs.com/22/Wicheeda-PEA-01062022.pdf

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

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/231139

FAQ

What are the peak TREO values reported by Neotech Metals (NTMFF) in their 2024 reconnaissance program?

Neotech Metals reported a peak value of 28.97% TREO, with 17 samples assaying above 1.0% TREO from their 2024 reconnaissance program at the TREO Project.

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

The TREO Project is located 85 km Northeast from Prince George, British Columbia, approximately 50 kilometers east of Bear Lake.

What were the niobium (Nb2O5) values found in Neotech Metals' (NTMFF) 2024 sampling program?

The sampling program revealed a peak niobium value of 2.91% Nb2O5, with 20 samples exceeding 0.15% Nb2O5.

NEOTECH METALS CORP

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