02:29:41 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Neotech Metals Corp
Symbol NTMC
Shares Issued 47,301,137
Close 2024-04-03 C$ 0.435
Market Cap C$ 20,575,995
Recent Sedar Documents

Neotech Metals files updated NI 43-101 report for TREO

2024-04-03 21:00 ET - News Release

Mr. Reagan Glazier reports

NEOTECH METALS CORP. ANNOUNCES FILING OF UPDATED AND AMENDED NI 43-101 TECHNICAL REPORT FOR TREO RARE EARTH PROPERTY

Neotech Metals Corp. has filed an updated and amended National Instrument 43-101 technical report for the TREO rare-earth property located near Prince George, B.C.

Key highlights of the TREO property:

  • Strategic location and access: The TREO property, situated 80 kilometres northeast of Prince George, encompasses approximately 16,342 hectares within 38 unpatented mining claims, wholly owned by Neotech. The property is strategically located and benefits from excellent access and proximity to crucial infrastructure, including highways, railways and power supplies.
  • Geological setting and mineralization: Positioned in the mineral-rich Foreland belt near the Omineca belt, which primarily comprises Neoproterozoic to Ordovician period rocks, including significant limestone, argillites and phyllites formations.
  • Extensive historical exploration: The TREO property has been the focus of exploration activities since the 1960s, with a peak in exploration between 2006 to 2011. During this period, several companies conducted extensive prospecting, mapping, rock sampling, soil geochemical and geophysical surveys, as well as diamond drilling.
  • Future exploration plans: Neotech has outlined a robust two-phase exploration program to advance the economic potential of the TREO property. The initial phase will focus on high-resolution aerial and ground surveys, mapping, and geochemical sampling. including additional regional geochemistry, prospecting, mapping and drill testing on its priority targets.

The technical report, prepared by Faarnad Geological Consulting Inc., is available on the company's website and under its profile on SEDAR+.

The technical information in this news release has been reviewed and approved by Ike Osmani, PGeo, a consultant to the company, and a qualified person as defined in NI 43-101.

About Neotech Metals Corp.

Neotech 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, located 90 kilometres northeast of Prince George, B.C., and 100 per cent of its Foothills rare earth element property located in central British Columbia. The company also holds options on the EBB nickel-cobalt property in British Columbia, Canada.

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