Neoterrex Minerals samples 0.28 g/t Au at Gravitas

Executive Summary

• Neoterrex Minerals Inc. released additional assay results from its late fall exploration program at its 100%-owned Gravitas project in Quebec, expanding its exploration footprint to previously underexplored areas.
• The company identified a new mineralized vein on the Maxwell Block, a broader silver-bearing system near the historical Petosa tungsten zone, and an expanding gold-copper-silver system at the Curie zone.
• Management plans to return early next season for geophysics and trenching to define the extent of these discoveries, with no prior drilling having occurred on these specific targets.

Key Details

• Maxwell Block Discovery:
  • A previously unknown mineralized vein hosting base and precious metals was uncovered.
  • The vein was exposed manually over a 13-metre strike length with widths ranging from 1 metre to 30 centimetres.
  • Three grab samples were taken; specific assay values are referenced in the text but not explicitly listed in the provided snippet (text says "returned the following values" but the table/list is missing from the input).
  • No historical samples or drilling exist for this area.
  • Follow-up was delayed by snow cover; plans include geophysics and trenching in the coming season.
• Petosa Tungsten Zone Area:
  • Exploration revealed a broader mineralizing system than previously recognized.
  • New outcrops within 30 metres of the tungsten zone returned silver values ranging from 1 to 6 grams per tonne Ag.
  • Anomalous silver suggests a robust, multiphase hydrothermal system.
• Curie Zone:
  • Located approximately 300 metres west of previous discoveries.
  • Best grab sample returned: 0.28 g/t Au, 0.42% Cu, and 8.15 g/t Ag.
  • The zone now defines an area approximately 600 metres by 200 metres with numerous anomalous gold, copper, and silver values.
  • Consistent multielement enrichment indicates a favourable geological environment for a larger mineralized system.
• Southern Block:
  • A 35-metre north-south-trending quartz vein hosting copper-bearing sulphides was discovered early last summer.
  • Trenching is planned to determine true width and continuity.
• Future Plans:
  • Management intends to conduct surface prospecting, geological mapping, and mechanical trenching.
  • Preparation is underway for an initial drill program, as none of these specific discoveries have been previously drilled.
• Technical Details:
  • Samples analyzed by ALS Canada Ltd. using methods ME-OG46, Cu-OG46, ME-MS85, and ME-MS41.
  • Blanks and CRMs (OREAS 622 and CDN-W-2) were inserted among samples.

Notable Quotes

• "With multiple mineralized zones now identified across several blocks, Gravitas is demonstrating that the historical mining region still has much potential for new discoveries. What began as a tungsten-focused project is now clearly evolving into a diversified gold-copper-silver-tungsten project with numerous discoveries to develop." — Mathieu Stephens, President and CEO