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NTMC.CN ·

Neotech Metals Corp. Begins Data Compilation Program at Thor Property

Exploration Programs

Neotech Metals Corp. Begins Data Compilation

Program at Thor Property

Vancouver, British Columbia--(Newsfile Corp. - January 12, 2024) -

Neotech Metals Corp.

(CSE:

NTMC) (OTCQB: NTMFF) (FSE: V690) is pleased to announce it is undertaking a detailed data

compilation and review of its Thor property in preparation for fieldwork to begin at the end of the month.

The Thor property consists of 22 mining claims and is a mid-stage exploration property located in the

eastern Mojave Desert Region, approximately 119 kilometers south of Las Vegas. The Thor prospect

features historical mapping and prospecting work with anomalous rare-earth mineralization.

Neotech is pleased to strategically work with Anomalous Exploration Corp. to assist in the data

compilation, review, and planning of fieldwork. The Company intends to begin a preliminary sampling

and mapping program to confirm the historical mineralization identified on the Property. Work will include

detailed mapping of rock outcrops, confirming historical mineralized zones, prospecting, and regional

soil-based sampling to identify additional targets. Furthermore, airborne geophysical surveys will

be

conducted later to assist in the discovery and selection of drill targets.

Reagan Glazier, CEO stated, "We are excited to be advancing the prospective Thor project and pleased

to be working in the excellent jurisdiction of Nevada. Our exploration team is working diligently to compile

all relatable data to design an effective program to test and identify new 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 has not visited the Thor Property nor verified the historical mineralization stated

herein; instead, he 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.

About Neotech Metals Corp.

The Company is a mineral exploration company based in Vancouver, B.C., which owns 40 rare earth

mineral claims comprising the TREO Property, located in Northern British Columbia. Canada. The

Company also holds options on the EBB nickel-cobalt property in British Columbia, Canada and 22

mining claims comprising the​ Thor REE Project, a mid-stage exploration property in the eastern Mojave

Desert Region, approximately 119 kilometers south of Las Vegas​.​

Contact information

For More Information please contact:

Reagan Glazier, Chief Executive Officer

E-mail:

[email protected]

Telephone: ​604-832-5609

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 its

properties. 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/194028