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Neotech Metals Corp is a mineral exploration company based in Vancouver, B.C., dedicated to discovering and developing valuable mineral resources worldwide. With a strong commitment to environmental stewardship, Neotech is focused on maximizing the potential of its exploration properties. The company owns 100% of its TREO Rare Earth Element Property in British Columbia, along with the Foothills Rare Earth Element Property. Neotech also holds options on the EBB nickel-cobalt property in Canada.
Neotech Metals Corp. (CSE: NTMC) (OTC Pink: NTMFF) has completed the acquisition of the Hecla-Kilmer (H/K) Rare-Earth Elements (REE) and Niobium project in northwestern Ontario from VR Resources The company paid $1,000,000 in cash and issued 4,000,000 common shares with staggered resale restrictions until January 19, 2027. This strategic move strengthens Neotech's position in the REE and Critical Metals sector, adding a significant project with demonstrated potential and a large, prospective land package. CEO Reagan Glazier emphasized the company's commitment to becoming a leading diversified REE exploration and development company through aggressive exploration and strategic district consolidation.
On June 27, 2024, Neotech Metals Corp. (CSE: NTMC, OTC Pink: NTMFF, FSE: V690) announced the appointment of Jared Galenzoski as Vice President Exploration. Jared brings extensive leadership experience in mining and exploration, holding previous VP roles at Buffalo Potash Corp. and Continental Potash Corp. Currently, he is President of FIDES Strategic Resource Management Jared holds a B.Sc. in Geology from the University of Regina. He will also serve as the Company's Qualified Person under National Instrument 43-101. This strategic move aims to leverage his expertise to advance Neotech's projects in the Rare-Earth industry. As part of his compensation, Jared will receive 300,000 stock options at $0.40 per share, expiring June 27, 2029.
Neotech Metals Corp. (CSE: NTMC, OTC Pink: NTMFF, FSE: V690) has announced the results from its TREO project in British Columbia, Canada. A grab sample (69233) revealed 3.26% TREO, confirming significant mineralization in the region. The company completed its regional program at the Foothills project, collecting over 695 samples, including biogeochemical, soil, stream, and rock composites. Summer exploration aims to expand known mineralized zones, with ongoing soil sampling and outcrop mapping. The analytical work was performed by Actlabs, an accredited geoanalytical laboratory. Neotech follows industry-standard QA/QC procedures, ensuring data integrity.
Neotech Metals appoints Joao Alexandre Almeida Vieira as director, effective immediately, with Charn Deol stepping down. Vieira has over 15 years of mining exploration experience and operates an aviation business across Brazil, Africa, and the US. CEO Reagan Glazier highlighted Vieira's extensive experience and thanked Deol for his contributions. The company has granted 2,200,000 options at $0.38 to various stakeholders, exercisable over five years. Neotech Metals focuses on discovering and developing valuable mineral resources globally, with properties in British Columbia, including the TREO Rare Earth Element Property and the Foothills project, plus options on the EBB nickel-cobalt property.
Neotech Metals has announced the start of its summer field program on its 100% wholly-owned Foothills project in British Columbia, Canada. The exploration will include ground-based geophysics, rock and stream sediment sampling, and geochemical and biogeochemical sampling, targeting potential discoveries. This effort is in collaboration with Anomalous Exploration. The region, identified as highly prospective by the British Columbia Geological Survey (BCGS), has elevated rare-earth element concentrations. Neotech's CEO, Reagan Glazier, expressed excitement about the early access to the property due to diminished snowpack, allowing for extensive exploration within the year.
Neotech Metals Corp. (CSE: NTMC) (OTC Pink: NTMFF) (FSE: V690) has amended its definitive agreement with VR Resources regarding the purchase of a 100% interest in the Hecla-Kilmer REE mineral property located in Ontario. The Closing Date of the Transaction has been extended to June 30, 2024, to allow for a vote by VR Resources' shareholders at a Special Meeting on May 31, 2024.
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