Neotech Metals Stakes Strategic Foothills REE Prospect in Central British Columbia
Neotech Metals Stakes Strategic Foothills REE
Prospect in Central British Columbia
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2024) -
Neotech Metals Corp.
(
CSE:
NTMC
) (
OTCQB: NTMFF
) (
FSE: V690
) ("
Neotech
" or the "
Company
"), a mineral exploration
company, is pleased to announce the staking of the Foothills REE prospect located 95 km northeast of
Kelowna, in Central British Columbia. The region features year-round access via maintained roads and
local communities, services, and other infrastructure. The nine claims total 16,517 hectares.
The focus on the mentioned area originated from a recent release by the British Columbia Geological
Survey, which highlighted the region as having promising indicators based on a study that employed
multi-element stream-sediment geochemical data. This methodology has previously led to significant
discoveries (e.g., Brummer et al. 1987).
The areas that have been staked exhibit concentrations of rare-earth elements that surpass background
levels by multiples. These heightened concentrations are deemed to be potentially indicative of the
presence of mineralization, making the area a compelling prospect for further exploration. The Company
will carry out exploration activities to both verify the historical results and expand its knowledge and
understanding of the region.
The recent BCGS (January, 2024) publication can be found
here
.
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 its TREO
Rare Earth Element Property, comprising 37 mineral claims, located 90 km 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 km south of Las Vegas.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of applicable securities
laws. Forward-looking statements are based on certain expectations and assumptions, including future
plans and objectives of Neotech Metals Corp. Forward-looking statements are subject to various risks
and uncertainties that could cause actual results to differ materially from those anticipated in such
statements. The Company undertakes no obligation to update or revise forward-looking information,
whether as a result of new information, future events, or otherwise, except as required by law.
Figure 1 – Lanthanum-INAA stream sediment geochemistry map plotted on the Foothills claims showing
top 98
th
-percentile results from entire BCGS survey (n=10,107) (Rukhlov et al., 2024)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9768/196079_picture1.jpg
Figure 2 – Cerium-INAA stream sediment geochemistry map plotted on the Foothills claims showing
values up to 1,500ppm.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9768/196079_picture2.jpg
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/196079