NeoTerrex Commences Exploration at Gravitas Project in Preparation for a Drill Program

Executive Summary

• NeoTerrex Minerals has commenced summer exploration activities at its 100%-owned Gravitas Project in Québec, targeting high-priority tungsten, copper, gold, and silver prospects.
• The program focuses on geological mapping, channel sampling, trenching, and structural interpretation at the historic Petosa Tungsten Zone and three additional targets to prepare for a potential 2,000-metre drill campaign later this summer.
• The initiative aims to de-risk known mineralized systems and capitalize on growing domestic and global demand for critical minerals, particularly tungsten.

Key Details

• Exploration activities have officially commenced at the Gravitas Project in Abitibi-Témiscamingue, Québec.
• Field crews have mobilized to conduct geological mapping, prospecting, trench preparation, and the reopening of historical workings at the Petosa Tungsten Zone.
• The planned summer work program includes detailed geological mapping, channel sampling, structural interpretation, trenching, and target prioritization.
• Results will be incorporated into a comprehensive project review to determine the scope and design of a potential drill campaign of up to 2,000 metres later this summer.
• The primary focus is the historic Petosa zone, where past trenching, bulk sampling, and metallurgical testing confirmed scheelite-bearing quartz veins; recent work indicates a need for improved bedrock exposure to evaluate continuity, grade, and direction.
• Additional target areas under evaluation include Galileo, Curie, and Maxwell, which remain largely untested by drilling and demonstrate the project's emerging multi-metal potential.
• The project benefits from excellent infrastructure, including year-round road access, nearby power, accommodations, and skilled local contractors; Petosa is located approximately 50 to 200 metres from an all-weather road.
• The company is prioritizing responsible exploration practices, ongoing engagement with local communities and Indigenous stakeholders, and the use of local contractors and service providers.
• Technical information has been reviewed and approved by Mathieu Stephens, P.Geo., President & CEO, who serves as the Qualified Person under National Instrument 43-101.

Notable Quotes

• Mathieu Stephens, President and CEO: "We are pleased to have exploration activities underway at Gravitas. The objective of this program is to systematically advance our understanding of the Project while preparing for a potential drill campaign later this year. Petosa represents a compelling tungsten target at a time when governments and industry are increasingly focused on securing domestic supplies of critical minerals. At the same time, the copper, gold and silver potential identified elsewhere on the property provides additional opportunities for discovery and value creation."