Mr. Reagan Glazier reports

NEOTECH METALS COMMENCES SURFACE EXPLORATION PROGRAM ON THOR PROPERTY IN NEVADA

Neotech Metals Corp. has commenced an extensive surface exploration program at its Thor rare earth element (REE) project, situated in Nevada's eastern Mojave Desert region (a top-tier jurisdiction), known for its promising potential in heavy rare earth mineralization, essential for high-technology and green energy industries.

Historical exploration of the Thor project identified strong evidence of heavy rare earth mineralization along the primary REE mineralized zone, known as the Lopez trend. This zone extends over 2,500 metres and has been a focal point of past explorations.

Neotech contracted Anomalous Exploration Corp. to conduct a comprehensive exploration program and, on Jan. 31, 2024, commenced phase 1. The program begins with a preliminary sampling and mapping initiative to confirm the historical mineralization documented on the property and to define the primary targets of the coming shallow drill program.

The exploration activities will encompass:

• In-depth rock outcrop sampling and mapping;
• Verification of past mineralized zones;
• Regional soil-based sampling to uncover additional prospective areas.

Moreover, plans include the implementation of airborne geophysical surveys later in the program to enhance the identification and selection of drilling targets.

Reagan Glazier, chief executive officer of Neotech Metals, expressed his enthusiasm, stating: "We are thrilled to take the next steps in advancing the highly promising Thor project and are pleased to be operating within the favourable jurisdiction of Nevada. Our dedicated exploration team is diligently assembling and analyzing all pertinent data with the aim of devising an effective program to test and uncover new exploration targets."

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Ike Osmani, PGeo, a consultant of the company, who is a qualified person as defined in National Instrument 43-101. Mr. Osmani relies on the historical mineralization and other technical information stated in the news release contained within the technical report by Hogge et al. (2010) on the Thor property.

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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