Neotech Metals Commences Surface Exploration Program on Thor Property in Nevada
Neotech Metals Commences Surface
Exploration Program on Thor Property in
Nevada
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2024) -
Neotech Metals Corp.
(
CSE:
NTMC)
(
OTC Pink: NTMFF)
(
FSE: V690
) ("
Neotech
" or the "
Company
"), a mineral exploration
company, is pleased to announce the commencement of an extensive surface exploration program at its
Thor Rare Earth Elements Project (the "
Thor Project
"), situated in Nevada's eastern Mojave Desert
Region (a top-tier jurisdiction) known for its promising potential in heavy rare-earth mineralization,
essential for high-tech and green energy industries.
Historical exploration of the Thor Project identified strong evidence of heavy rare-earth mineralization
along the primary REE mineralized zone, known as the Lopez Trend
1
. This zone extends over 2,500
meters and has been a focal point of past explorations.
Neotech contracted Anomalous Exploration Corp. to conduct a comprehensive exploration program and
on January 31
st
, commenced phase 1. The program begins with a preliminary sampling and mapping
initiative to confirm the historical mineralization documented on the property and to define the primary
targets of the upcoming shallow drill program.
The exploration activities will encompass:
In-depth rock outcrop sampling and mapping;
Verification of past mineralized zones; and
Regional soil-based sampling to uncover additional prospective areas.
Moreover, plans include the implementation of airborne geophysical surveys later in the program to
enhance the identification and selection of drilling targets.
Reagan Glazier, CEO of Neotech Metals Corp., expressed his enthusiasm, stating, "We are thrilled to
take the next steps in advancing the highly promising Thor project and are pleased to be operating within
the favorable jurisdiction of Nevada. Our dedicated exploration team is diligently assembling and
analyzing all pertinent data, with the aim of devising an effective program to test and uncover new
exploration targets."
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved
by Mr. Ike Osmani, P.Geo., a consultant of the Company, who is a "Qualified Person" as defined in NI
43-101. Mr. Osmani relies on the historical mineralization and other technical information stated in the
news release contained within the technical report by Hogge et al. (2010) on the Thor Property.
For more Information please contact:
Reagan Glazier, Chief Executive Officer
E-mail:
Telephone:+1 403-815-6663
About Neotech Metals Corp.
Neotech Metals Corp. 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%of it's TREO
Rare Earth Element Property, comprising 37 mineral claims, located 90km northeast of Prince George,
British Columbia. The Company also holds options on the EBB nickel-cobalt property in British
Columbia, Canada and 22 mining claims comprising the Thor REE Project, an early-stage exploration
property in the eastern Mojave Desert Region, approximately 119 kilometers south of Las Vegas.
Forward-Looking Statements
Certain information contained herein constitutes "forward-looking information" under Canadian
securities legislation. Forward-looking information in this news release includes statements relating to its
properties, including in relation to future exploration plans in respect thereof. 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, but not limited to, having
obtained all necessary regulatory approvals and access to key consultants and personnel in order to
conduct the planned work initiatives. 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.
1
Technical Report entitled “Thor Ree Project Update” in Clark County, Nevada dated October 8, 2010
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/196929