Mr. Reagan Glazier reports

NEOTECH METALS ENGAGES DRA TO DELIVER MAIDEN RESOURCE ESTIMATE AND PRELIMINARY ECONOMIC ASSESSMENT AT HECLA-KILMER

Neotech Metals Corp. has entered into an agreement with DRA Global Ltd. to conduct both the maiden resource estimate (MRE) and preliminary economic assessment (PEA) on the company's 100-per-cent-owned Hecla-Kilmer rare earth project located in Ontario, Canada.

Highlights:

• DRA engaged to deliver the project's first National Instrument 43-101-compliant mineral resource estimate, followed by a preliminary economic assessment;
• Single firm mandate provides continuity from geological model through mine plan, processing design and economic analysis;
• The PEA is expected to integrate continuing metallurgical results from Dorfner Anzaplan GmbH, further supported by the Ontario Critical Minerals Innovation Fund (CMIF);
• Hecla-Kilmer, which the company believes is the only apatite-hosted rare earth project being developed in North America, with potential co-products including magnetite, niobium, gallium, tantalum and purified phosphoric acid (PPA) under evaluation.

Scope of work

DRA will begin with a gap analysis of existing geological, metallurgical and infrastructure data to define the work required to support the PEA. The MRE will incorporate results from the company's 2024 and 2025 drill programs as well as historical data, including geological and structural modelling, quality assurance/quality control review, and resource classification in accordance with National Instrument 43-101 and the CIM (Canadian Institute of Mining, Metallurgy and Petroleum) definition standards.

The PEA is expected to build on the MRE to evaluate a conceptual mine plan, a processing flow sheet informed by the Dorfner Anzaplan metallurgical program, site infrastructure, power and logistics, capital and operating cost estimates, and an economic analysis of the project including its potential co-product streams.

"Hecla-Kilmer's unique apatite-hosted rare earth system is the foundation that is bringing together experienced, technologically advanced organizations like DRA and Dorfner Anzaplan to advance the project," said Reagan Glazier, chief executive officer of Neotech Metals. "Bringing DRA on for both the resource and the PEA means one team carries the project from the drill core to the economics, with no hand-offs in between. The West's rare earth challenge is in processing, not discovery, and an apatite host gives us a different metallurgical pathway than conventional deposits. This engagement moves Hecla-Kilmer from an exploration story to a project with numbers attached."

About Neotech Metals Corp.

Neotech Metals is a mineral exploration company dedicated to discovering and developing critical mineral resources, with a strong commitment to environmental stewardship and sustainable practices. The company holds a diversified portfolio of rare earth element and critical minerals projects, including the Hecla-Kilmer rare earth, niobium and phosphate project, located 20 kilometres from the Otter Rapids 180-megawatt hydroelectric power generation station and active Ontario Northland Railway; the Torrance project, located 70 kilometres northeast of Hecla-Kilmer; and the TREO project in British Columbia, all of which 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, vice-president, exploration, PGeo, and qualified person, has reviewed and approved the scientific and technical information contained in this news release.

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