NeoTerrex Minerals Reports Copper Assays from Gravitas Project, Quebec
NeoTerrex Minerals Reports Copper Assays
from Gravitas Project, Quebec
Ottawa, Ontario--(Newsfile Corp. - July 17, 2025) - NeoTerrex Minerals Inc. (TSXV: NTX) ("NeoTerrex"
or the "Company") is pleased to announce the receipt of initial assay results from its ongoing exploration
program at the 100%-owned Gravitas project (the "Project"), located in the Abitibi-Témiscamingue
region of Quebec.
Copper Mineralization
In the southern block of the Project, NeoTerrex geologists located a north-south trending quartz vein
hosting copper-bearing sulphides, including chalcopyrite, malachite, and covellite. The vein, discovered
at surface in an area with excellent access via recently constructed logging roads, was partially exposed
over a 25-metre strike length. Four grab samples were collected across the exposed section, all of which
returned copper grades exceeding 1%, with anomalous silver values, including a grab sample of 15 g/t
Ag.
Grab samples are selective by nature and may not represent average grades on the Project.
Sample Number
Copper (%)
M524630
1.75
M524631
1.98
M524633
2.48
M524640
1.84
The quartz vein is believed to be associated with a nearby major structural feature—
a north-south
trending fault zone located just west of the mineralized zone in a valley with no surface outcrop. This
structure has not been systematically explored except for two historical drill holes located further east
which targeted gold mineralization.
A map showing the location of the copper mineralization is provided below. Follow-up exploration,
including potential drill testing, is being considered to determine the continuity and depth extent of the
copper-bearing vein, as well as to assess mineralization within the fault zone itself.
Location Map
To view an enhanced version of this graphic, please visit:
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Tungsten Potential
In parallel, exploration is now advancing at the Curie Block, with particular attention on the Petosa
Tungsten Zone, where visible scheelite (a tungsten-bearing mineral) has been observed in multiple
locations. Assay results for these areas are pending.
Strong Financial Position
NeoTerrex remains well-capitalized with $3 million in working capital and no debt, enabling the Company
to aggressively pursue its exploration initiatives. In addition to the Gravitas copper discovery, the
Company has identified numerous rare earth element occurrences across its project portfolio, all of
which are slated for follow-up exploration.
Investors and stakeholders are encouraged to visit
www.neoterrex.com
for more information and project
updates.
QAQC
A total of 50 grab samples including QAQC samples were submitted for assaying. Analyses were
performed by ALS Canada Ltd in Val d'Or (QC) and Vancouver (BC). All samples were analyzed for
multiple elements using the methods ME-MS41, ME-MS85 and ME-OG46. A total of 5 blanks and 2
duplicates were inserted in the sequence. The assay laboratory also included its own certified reference
materials (CRMs) with known grades (OREAS 232b and OREAS 752b) within the assay procedures.
Qualified Person
The technical and scientific content of this news release has been reviewed and approved by Mathieu
Stephens, P.Geo., President & CEO of NeoTerrex Minerals Inc., and a Qualified Person under National
Instrument 43-101 -
Standards of Disclosure for Mineral Projects
.
About NeoTerrex Minerals Inc.
NeoTerrex Minerals is advancing a portfolio of prospective critical minerals projects in the Province of
Quebec, many of which benefit from proximity to established infrastructure. The Company is focused on
unlocking new deposits of copper, tungsten, and rare earth elements, positioning itself to contribute to
North America's growing demand for responsibly sourced critical minerals.
For further information, please contact:
NeoTerrex Minerals Inc.
Mathieu Stephens, President & Chief Executive Officer
343-308-2648
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this news release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This news release may contain certain forward-looking information and statements, including without
limitation, statements pertaining to NeoTerrex's future plans, objectives or goals, and the anticipated
release date of assay results. All statements included herein, other than statements of historical fact, are
forward-looking information and such information involves various risks and uncertainties.
The Company
does not undertake to update any forward-looking information except in accordance with applicable
securities laws. There can be no assurance that such information will prove to be accurate, and actual
results and future events could differ materially from those anticipated in such information. A description
of assumptions used to develop such forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information can be found in the
Company's disclosure documents on the SEDAR+ website at
www.sedarplus.ca
.
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