Neotech Metals talks mineralized intervals at TREO

Executive Summary

• Neotech Metals Corp. released preliminary geochemical assay results from its maiden drilling program at the TREO Project in British Columbia, confirming multiple mineralized intervals of rare earth elements (REE) within carbonatite complexes.
• The company announced the appointment of two new board members, Justin Daley and Cameron MacDonald, replacing Robert Krause, and granted stock options to the new directors.
• The company also reported on its ongoing drilling campaign at the Hecla-Kilmer project, having completed over 6,000 metres of drilling in 2025, and disclosed additional finder's fees and warrants issued.

Key Details

• TREO Project Drilling Results:
  • Four drill holes completed in 2025 for a total of 991 metres.
  • Holes intersected mixed carbonatites and dolomites interbedded within schists and phyllites.
  • Visible rare earth mineralization observed in all four holes, consistent across the drilled area.
  • Targets were designed to test for total rare earth oxide (TREO) intervals within the alkaline intrusive carbonatite complex at Wicheeda Lake.
• Board Appointments:
  • Justin Daley, PGeo: Appointed as Director. Former CEO of Made in America Gold Corp. and VR Resources Ltd. (vendor of Hecla-Kilmer). Holds BSc Geology (Queen's), MSc Applied Mineral Exploration (Laurentian), and executive education from Harvard Business School.
  • Cameron MacDonald: Appointed as Director. Over 20 years in capital markets, founder/CEO of Macam Group. Currently Chairman of Aurwest Resources Corp. and Director of Copper Quest Exploration, Pacific Bay Minerals, and New Energy Metals Corp.
  • Robert Krause: Replaced as Director but remains as an adviser.
• Director Compensation:
  • Stock options granted to both new directors: 250,000 options each.
  • Exercise price: $0.35 per option.
  • Term: 3 years.
  • Vesting: Immediate.
• Hecla-Kilmer Project Update:
  • Two drill rigs operating full-time.
  • Over 6,000 metres of drilling completed in 2025.
  • Objective: Defining and delineating mineralized zones to establish a maiden resource estimate.
  • Complementary work includes relogging/assaying historical core, downhole televiewer, geophysical surveys, and environmental studies.
• Finder's Fees and Warrants:
  • Additional finders' fees issued, bringing the aggregate total to $59,755 in cash.
  • 170,728 finder warrants issued with terms consistent with previously announced warrants.

Notable Quotes

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