Mr. Reagan Glazier reports
NEOTECH METALS CORP COMPLETES HECLA-KILMER RESOURCE DEFINITION DRILL CAMPAIGN
Neotech Metals Corp. has successfully completed its 2025 resource definition and delineation drill campaign at the company's 100-per-cent-owned Hecla-Kilmer rare earth project in Ontario, Canada, in addition to the ongoing environmental, indigenous and community relations programs.
2025 drill campaign
The program totalled approximately 8,000 metres of new drilling, with core currently being logged, sampled and processed on site. Samples are regularly shipped to the laboratory, and assay results are expected in the coming weeks.
In parallel, Neotech has also submitted nearly 2,000 metres of historical drill core from earlier campaigns for comprehensive rare earth element (REE) analysis -- either as first-time assays or reassays using the full REE suite. These results will further enhance the geological data set and will be incorporated into the maiden mineral resource estimate planned for 2026.
The 2025 drill campaign was designed to infill, expand and refine the boundaries of REE mineralization at Hecla-Kilmer, guided by updated 3-D geological and geophysical models. The objective was to test and confirm continuity of mineralization across key zones and to advance the project toward resource definition.
Indigenous engagement and ESG (environmental, social and governance) integration
In addition to the drill campaign, Neotech has commenced its baseline environmental water sampling program, which will establish the foundational data required to support continuing environmental understanding and future permitting activities.
Neotech continues to advance its engagement with indigenous nations through regular dialogue, on-site participation and collaborative planning. The company's ESG approach prioritizes responsible project design, the incorporation of indigenous knowledge and early alignment with the Ontario environmental assessment process. This work is being integrated into coming exploration programs to ensure that engineering, land-use planning and future permitting pathways proceed in a co-ordinated and transparent manner.
"The rapid advancement of Hecla-Kilmer continues to validate the company's confidence in the uniqueness and scalability of this geological system," said Reagan Glazier, chief executive officer of Neotech Metals. "The steady stream of assays and technical updates expected over the coming months will support a disciplined path toward our maiden resource estimate while meaningfully reducing technical risk and enhancing the long-term strategic value of the project.
About 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 National Instrument 43-101. Jared Galenzoski, vice-president, exploration, PGeo, and qualified person, has reviewed and approved all of the data and statements made for this news release.
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