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Neotech Metals Corp
Symbol NTMC
Shares Issued 61,873,668
Close 2025-01-24 C$ 0.18
Market Cap C$ 11,137,260
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Neotech receives exploration permit for TREO project

2025-01-27 14:38 ET - News Release

Mr. Reagan Glazier reports

NEOTECH METALS CORP. RECEIVES EXPLORATION PERMIT FOR ITS TREO PROJECT

Neotech Metals Corp. has received a mineral exploration permit from the British Columbia Mines Office for its 100-per-cent-owned TREO project, located approximately 80 kilometres northeast from Prince George, B.C.

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 per cent TREO (total rare earth oxides) and 2.91 per cent Nb2O5 (niobium pentoxide).

"I'm pleased to share these exciting developments for our company," said chief executive officer 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 continuing developments will be provided in the future.

About the Neotech Metals Corp.

Neotech Metals 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 metal projects, including the Hecla-Kilmer project, located 20 kilometres from the Otter Rapids 180-megawatt 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 per cent 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, PGeo, vice-president, exploration, and a qualified person, has reviewed and approved all of the data and statements made for this news release.

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