01:11:34 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Neotech Metals Corp
Symbol NTMC
Shares Issued 46,989,644
Close 2024-01-30 C$ 0.95
Market Cap C$ 44,640,162
Recent Sedar Documents

Neotech Metals stakes Foothills REE prospect in B.C.

2024-01-30 09:33 ET - News Release

Mr. Reagan Glazier reports

NEOTECH METALS STAKES STRATEGIC FOOTHILLS REE PROSPECT IN CENTRAL BRITISH COLUMBIA

Neotech Metals Corp. has staked the Foothills REE (rare earth element) prospect, located 95 kilometres northeast of Kelowna in central British Columbia. The region features year-round access through maintained roads and local communities, services, and other infrastructure. The nine claims total 16,517 hectares.

The focus on the mentioned area originated from a recent release by the British Columbia Geological Survey, which highlighted the region as having promising indicators based on a study that employed multielement stream sediment geochemical data. This methodology has previously led to significant discoveries (for example, Brummer et al., 1987).

The areas that have been staked exhibit concentrations of rare earth elements that surpass background levels by multiples. These heightened concentrations are deemed to be potentially indicative of the presence of mineralization, making the area a compelling prospect for further exploration. The company will carry out exploration activities to both verify the historical results and expand its knowledge and understanding of the region.

About Neotech Metals Corp.

Neotech Metals is a mineral exploration company dedicated to discovering and developing valuable mineral resources in promising regions 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 is a mineral exploration company based in Vancouver, B.C., and owns 100 per cent of its Treo REE property, comprising 37 mineral claims, located 90 kilometres northeast of Prince George, B.C. The company also holds options on the Ebb nickel-cobalt property in British Columbia, Canada, and 22 mining claims comprising the Thor REE project, an early-stage exploration property in the eastern Mojave Desert region, approximately 119 kilometres south of Las Vegas.

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