Mr. Reagan Glazier reports

NEOTECH METALS CORP. CONFIRMS MULTIPLE MINERALIZED INTERVALS DURING MAIDEN DRILLING PROGRAM AT TREO PROJECT IN BC AND ANNOUNCES NEW BOARD MEMBERS FROM THE AGM

Neotech Metals Corp. has released preliminary geochemical assay results from its exploratory diamond drilling program of the rare earth element (REE) carbonatites located at the TREO project, approximately 80 kilometres northeast of Prince George, B.C., near to Wicheeda Lake, which is located in the Cariboo land district. The company is also pleased to announce the appointments of Justin Daley, PGeo, and Cameron MacDonald to the board, replacing Robert Krause, who will remain an adviser. The company thanks Mr. Krause for all of his efforts over the years as a director.

New appointments

Mr. Daley is a professional geologist and chief executive officer of Made in America Gold Corp., with over 15 years of experience and a record in disciplined capital deployment and discovery-driven value creation. He was the founding geologist and served recently as chief executive officer of VR Resources Ltd., the vendor of the Hecla-Kilmer project, and managed the drill programs that initially discovered REE mineralization. He holds a BSc in geology from Queen's University, an MSc in applied mineral exploration from Laurentian University and completed executive education focused on data analytics and AI (artificial intelligence) in business at Harvard Business School.

Mr. MacDonald brings over 20 years of capital market public company experience as a founder and chief executive officer of Macam Group of Companies specializing in capital markets, M&A (mergers and acquisitions), banking, financing management and operations to over 80 public and private companies. Mr. MacDonald is currently chairman of Aurwest Resources Corp. and a director of Copper Quest Exploration, Pacific Bay Minerals and New Energy Metals Corp. and serves as an investor and board member to several other businesses.

The company will grant stock options to both Mr. Daley and Mr. MacDonald. Each new director will receive 250,000 stock options priced at 35 cents for a 3-year term with immediate vesting.

TREO drill results

Four drill holes were completed in 2025 by Neotech to supplement the legacy Carbo project work done by Canadian International Minerals Ltd. (CIML) in 2010 on the property. The legacy drill holes done by CIML in previous exploration campaigns along with recent fieldwork undertaken by Neotech in 2023 and 2024, which included soil and rock sampling, formed the basis of the targets drilled in 2025. The 2025 drill holes were designed to test for intervals of total rare earth oxide (TREO) within the alkaline intrusive carbonatite complex known at Wicheeda Lake, looking to see if the carbonatite systems observed in the neighbouring Defense Metals property immediately to the west of the Neotech property (Defense Metals National Instrument 43-101 prefeasibility study technical report for Wicheeda, April 4, 2025) translate into the Neotech property as is indicated by the gravity and magnetic surveys.

All four drill holes intersected mixed carbonatites and dolomites interbedded within schists and phyllites, with visible rare earth mineralization having been observed. The program saw four holes drilled at three different locations for a program total of 991 metres. Core logging and sampling are now complete, with the assay results having been presented from Actlabs.

All four holes drilled showed visible mineralization in sections, which appeared to be consistent across the area drilled. Specific intervals of note in all holes include the following.

Evaluation of the property will remain continuing and any additional mineralized intervals identified during the assessment will be reported in subsequent news releases.

Methodology and quality assurance/quality control (QA/QC)

Drill holes were drilled at various inclined angles with the assay intervals as total core widths. The material produced from the diamond drill holes was sampled at two-metre intervals, with the core split in half, resulting in average sample sizes of two to four kilograms. Half of the core is sent to the analytical laboratory, and the other half is kept in storage, as required by industry standards and by British Columbia provincial regulations. The original core was logged, photographed and sampled on location by Neotech personnel.

The bagged and catalogued samples were delivered to Activation Laboratories Ltd. (Actlabs) in Kamloops, B.C., for initial preparation and final analysis. All sample preparation and analytical work referenced in this report were conducted by Actlabs, an independent geoanalytical laboratory accredited to ISO/IEC 17025:2017 and ISO 9001:2015 standards. In addition to Actlabs' internal QA/QC protocols, Neotech Metals incorporated its own control samples in each batch submitted for analysis.

Quality control samples, including blanks, duplicates and standards (certified reference materials), were inserted into the sample series at set intervals. For all analysis methods, the minimum number of QA/QC samples was a percentage of the total samples taken per hole for each CRM standard, duplicate and blank for a total of 15 per cent QA/QC samples for the entire data set per hole. The procedures were implemented during the sample collection, preparation and analytical stages to ensure the robustness and reliability of the analytical results. QA/QC data were also verified by an independent third party to ensure the validity of the data sets.

All analytical results reported herein have passed internal QA/QC review and compilation. All assay results of drill core samples were provided by Actlabs, a certified laboratory, which performed their measure of the concentration of rare earth elements (REEs) with the analytical method that uses lithium borate fusion prior to the second-stage sodium peroxide fusion and inductively coupled plasma mass spectrometry (ICP-MS). Major element oxides were done using the lithium borate analytical method and inductively coupled plasma optical emission spectroscopy (ICP-OES).

Continuing Hecla-Kilmer drill campaign

Neotech Metals is actively drilling at its Hecla-Kilmer project, with two drill rigs operating full-time. Complementary work, including relogging and assaying of historical core drilled by VR Resources, downhole televiewer and geophysical surveys, as well as baseline water and environmental studies, is also under way. To date, the company has completed over 6,000 metres of drilling in 2025, focused on defining and delineating mineralized zones with the objective of establishing a maiden resource estimate.

Further to the company's news release dated Oct. 31, 2025, the company advises that it has issued additional finders' fees, resulting in an aggregate total of $59,755 in cash and 170,728 finder warrants of the same terms as previously announced.

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 metals projects, including Hecla-Kilmer, 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 NI 43-101. Jared Galenzoski, PGeo, vice-president, exploration, and qualified person, has reviewed and approved all of the data and statements made for this news release.

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