Neotech Metals Corp. Concludes 2023 Regional Sampling Program at Its Flagship TREO Property
Neotech Metals Corp. Concludes 2023
Regional Sampling Program at Its Flagship
TREO Property
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2023) -
Neotech Metals Corp.
(CSE:
NTMC) (OTCQB: NTMFF) (FSE: V690) announced today the successful conclusion of its
comprehensive regional sampling program within its TREO property claim boundaries. The extensive
initiative involved the collection of over 1,700 soil samples, 75 stream sediment samples, and 30 rock
samples from high-priority targets, laying the foundation for the strategic planning of Neotech's scaled-up
exploration program slated for 2024.
The regional sampling program is a crucial step in Neotech's ongoing commitment to advancing the
understanding of its rare earth element ("
REE
") deposits, is designed to refine the Company's
exploration strategy. By employing cutting-edge sampling techniques and leveraging the latest
technology, Neotech aims to gain valuable insights into the geological potential of its claim boundaries.
The collected samples are undergoing analysis, with assay results expected in the coming weeks. The
pending assay results will be pivotal in shaping Neotech's exploration roadmap, providing critical data to
guide the Company's future initiatives.
The comprehensive sampling program targeted high-priority areas based on historical drilling data, with
a specific focus on expanding Neotech's known mineralized zones. The Company's strategic vision is to
capitalize on what is interpreted to be a 25 km-long REE trend, unlocking new opportunities for resource
expansion and discovery.
"This regional sampling program marks a significant milestone in our ongoing efforts to unlock the full
potential of our rare earth resources," said Reagan Glazier, CEO at Neotech Metals Corp. "The strategic
collection of these soil, stream sediment and rock samples underscores our commitment to employing
advanced exploration techniques. We eagerly await the assay results, which will guide our next steps as
we work towards further developing our known mineralized zones and exploring new targets along the
REE trend, along with completing additional airborne geophysics in the new year."
The information gained from the regional sampling program will be instrumental in shaping Neotech's
exploration strategy for the upcoming year, enhancing the company's ability to identify and prioritize high-
potential areas for further investigation.
Neotech Metals Corp. remains dedicated to maintaining transparent communication with its
shareholders and the broader market. The Company will promptly update the market upon the receipt
and analysis of the assay results.
The technical information in this news release has been reviewed and approved by Mr. Ike Osmani,
P.Geo., a consultant to the Company who is a "Qualified Person" as defined in National Instrument 43-
101 - Standards of Disclosure for Mineral Projects.
About Neotech Metals Corp.
The Company is a mineral exploration company based in Vancouver, B.C., which owns 38 rare earth
mineral claims (the "TREO Property") and holds an option over the EBB nickel-cobalt property, all of
which are located in British Columbia, Canada.
Contact information
For more information please contact:
Reagan Glazier, Chief Executive Officer
E-mail:
Telephone: (403 )815-6663
Forward-Looking Statements
Certain information contained herein constitutes "forward-looking information" under Canadian
securities legislation. Forward-looking information in this news release include statements relating to the
TREO property and the REE trend. Generally, forward-looking information can be identified by the use of
forward-looking terminology such as "will", "will be" or variations of such words and phrases or
statements that certain actions, events or results "will" occur. Forward-looking statements are based on
the opinions and estimates of management as of the date such statements are made and they are from
those expressed or implied by such forward-looking statements or forward-looking information subject to
known and unknown risks, uncertainties and other factors that may cause the actual results to be
materially different, including receipt of all necessary regulatory approvals. Although management of the
Company have attempted to identify important factors that could cause actual results to differ materially
from those contained in forward-looking statements or forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or intended. There can be no assurance
that such statements will prove to be accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should not place undue reliance on
forward-looking statements and forward-looking information. The Company will not update any forward-
looking statements or forward-looking information that are incorporated by reference herein, except as
required by applicable securities laws.
The CSE has not reviewed, approved, or disapproved the contents of this press release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/187550