04:27:48 EDT Sun 19 May 2024
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Neotech Metals Corp
Symbol NTMC
Shares Issued 47,081,808
Close 2024-02-27 C$ 0.55
Market Cap C$ 25,894,994
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Neotech Metals completes surface exploration at Thor

2024-02-28 09:54 ET - News Release

Mr. Reagan Glazier reports

NEOTECH METALS FINISHES SURFACE EXPLORATION PROGRAM AT THOR, TO COMMENCE FIELD PROGRAM AT FOOTHILLS PROSPECT

Neotech Metals Corp. has completed a comprehensive field program at its Thor rare earth element project, situated in Nevada's eastern Mojave Desert region, and is planning a coming grassroots field program at its newly staked Foothills project, situated northeast of Kelowna, B.C.

Over the course of several weeks, Neotech personnel visited the site at its 100-per-cent-owned Thor project in Nevada, United States, taking over 800 soil samples and 50 rock and chip samples. This rigorous program aimed to establish a robust soil database to not only guide the company's future exploration, but also to validate historical findings, with all samples now en route to the lab for detailed analysis.

Reagan Glazier, chief executive officer, stated: "The culmination of our surface exploration program at Thor marks a significant milestone for Neotech Metals and paves the way for future exploration endeavours. We are excited to be advancing the prospective Thor project and pleased to be working in Nevada, which has been recognized as the world's top mining jurisdiction, according to the Fraser Institute's annual survey of mining companies."

The company is also pleased to announce that due to the reduced snowpack and access and logistics at the newly staked Foothills project, it will have an early start to the field season and initiate a grassroots field program. Crews will be following up on the anomalous stream-sediment data with additional stream sample collection, along with regional geological mapping and sampling programs with the intent to find enriched zones of REE mineralization.

The Foothills project features nine mineral claims spanning over 16,500 hectares with ample road access to all corners of the project. Situated 90 kilometres northeast of Kelowna, the project has nearby infrastructure access along with local services and labour available.

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 rare earth element 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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