Neotech Metals completes drill program at Hecla-Kilmer

Executive Summary

• Neotech Metals Corp. has completed its 2025 resource definition and delineation drill campaign at the 100%-owned Hecla-Kilmer rare earth project in Ontario, Canada.
• The campaign involved approximately 8,000 meters of new drilling, with core logging, sampling, and processing currently underway on-site.
• The company is also submitting nearly 2,000 meters of historical drill core for comprehensive rare earth element (REE) analysis to enhance the geological dataset for the maiden mineral resource estimate planned for 2026.

Key Details

• Drilling Volume: Approximately 8,000 meters of new drilling completed in the 2025 campaign.
• Current Status: Core is being logged, sampled, and processed on-site; samples are regularly shipped to the laboratory.
• Assay Timeline: Assay results are expected in the coming weeks.
• Historical Data: Nearly 2,000 meters of historical drill core submitted for comprehensive REE analysis (first-time assays or reassays using the full REE suite).
• Strategic Objective: The campaign was designed to infill, expand, and refine the boundaries of REE mineralization at Hecla-Kilmer, guided by updated 3-D geological and geophysical models to confirm continuity of mineralization across key zones.
• Future Milestone: Data from both new and historical drilling will be incorporated into the maiden mineral resource estimate planned for 2026.
• Environmental & ESG: Baseline environmental water sampling program has commenced to support future permitting activities.
• Indigenous Engagement: Ongoing dialogue, on-site participation, and collaborative planning with indigenous nations are continuing, with ESG approaches integrated into exploration programs.
• Project Location: Hecla-Kilmer is located 20 kilometers from the Otter Rapids 180-megawatt hydroelectric power generation station and the active Ontario Northway railway.

Notable Quotes

• "The rapid advancement of Hecla-Kilmer continues to validate the company's confidence in the uniqueness and scalability of this geological system," said Reagan Glazier, chief executive officer of Neotech Metals. "The steady stream of assays and technical updates expected over the coming months will support a disciplined path toward our maiden resource estimate while meaningfully reducing technical risk and enhancing the long-term strategic value of the project."