Neotech Metals completes drill program at TREO

Executive Summary

• Neotech Metals Corp. completed its inaugural drill program at the TREO project in British Columbia, totaling 991 meters of core across four holes.
• All four holes intersected mixed carbonatites and dolomites with visible rare-earth mineralization; core logging and sampling are ongoing with assay results pending.
• The company increased its European marketing budget with Munich Mining Partners and extended the expiry date of over 6.5 million warrants by one year.

Key Details

• Drilling Program Scope:
  • Total drilled: 991 meters of core.
  • Number of holes: 4.
  • Locations: Three separate pad locations.
  • Project: TREO project, 100% owned, located in central British Columbia.
• Geological Findings:
  • Targets defined by geological outcrop discoveries, geophysical trends, and anomalous prospects from two years of regional sampling.
  • All four holes intersected mixed carbonatites and dolomites interbedded within schists and phyllites.
  • Visible rare-earth mineralization observed throughout the core.
  • Core logging and sampling are continuing and expected to conclude next week.
  • Assay results are currently pending.
• Marketing/Investor Relations:
  • Expanded European marketing initiatives with Munich Mining Partners GmbH.
  • Investor relations budget increased from $28,000 to $38,500 per month.
• Warrant Extension:
  • Approved extension for 6,510,263 warrants.
  • Original expiry: October 6, 2025.
  • New expiry: October 6, 2026.
  • Exercise price remains unchanged at $0.60 per share.
• Qualified Person:
  • Jared Galenzoski, PGeo, Vice-President of Exploration, reviewed and approved the technical data in accordance with National Instrument 43-101.

Notable Quotes

• No direct quotes from the CEO or President were included in the provided text.