Neoterrex Minerals begins drilling at Monument

Mr. Mathieu Stephens reports NEOTERREX REPORTS COMMENCEMENT OF DRILLING AT THE MONUMENT PROJECT AND THE DISCOVERY OF 44 NEW OCCURRENCES AT THE GALACTIC PROJECT INCLUDING ASSAYS OF 17.15% ZIRCONIUM AND 2.44% NEODYMIUM Neoterrex Minerals Inc. has commenced its 2,000-metre maiden drill program at the 100-per-cent-owned Monument project, near Waswanipi, Que., and provided assay results from its surface exploration program at its Galactic project. Highlights: 2,000-metre drill program under way at the Monument project; Drilling targets geophysical anomalies prospective for rare earths and sulphide mineralization (Monument project); 44 new occurrences discovered at Galactic project (82 since 2024) (Galactic project); Galactic zirconium assay results among highest recorded in the province in grab samples (17.15 per cent Zr) (Galactic project); Numerous tantalum, dysprosium, neodymium and niobium occurrences discovered at Galactic, including 2.44 per cent Nd (Galactic project). Monument project drilling Neoterrex has initiated a 2,000-metre drill program at its Monument project, situated in the Waswanipi/Montviel region of Quebec. The program is testing high-priority geophysical targets identified during recent surveys that outlined strong electromagnetic anomalies coincident with highly magnetic bedrock. These signatures are comparable with those associated with the nearby Montviel light rare earth deposit, which hosts a National Instrument 43-101-compliant indicated resource of 183.9 million tonnes grading 1.45 per cent TREO (total rare earth oxides) and an inferred resource of 66.7 million tonnes grading 1.46 per cent TREO (SGS Canada, 2011). The current phase will include approximately 14 holes, with the potential for expansion based on early results. Only two historical holes, drilled in the 1990s in search of kimberlites, are known within the project boundaries; both intersected carbonatites, a key host rock for rare earth mineralization, but were never assayed for rare earths. Galactic project discoveries At the Galactic project, Neoterrex completed a spring exploration program consisting of prospecting, mapping and channel sampling. A total of 44 new mineralized occurrences were discovered, extending known mineralized zones and confirming the district-scale critical metal potential of the project. The program also included channel sampling in locations where bedrock exposure was more prevalent. A table of the 2025 results and their co-ordinates is provided further below, adding to the 38 occurrences located last year (see Neoterrex's Dec. 6, 2024, news release). Among the new discoveries, the Supernova showing, located 650 metres north of the 2024 Hubble occurrence, returned grab samples grading 17.15 per cent and 5.61 per cent Zr, along with elevated Nd, Nb and Ta values. Channel sampling, including at Supernova has been completed. These assays are pending. Additional high-grade zirconium results include 12.95 per cent Zr from the Nebula area (1.2 kilometres northeast of 2024 discoveries) and 10.05 per cent Zr from the newly discovered Aries showing. Sampling near the Ceres showing yielded 2.44 per cent Nd, 0.77 per cent Nb, 0.10 per cent Dy and 8.18 per cent Zr, while a nearby outcrop returned 1.31 per cent Nb, 4.55 per cent Zr and 0.13 per cent Dy. Zirconium is considered a critical metal due to its importance in a wide range of technologies, including aerospace, defence and nuclear energy. Results also indicate that some mineralized areas have a larger footprint than previously thought. In the Andromeda sector, additional mineralized outcrops were located to the west and north, indicating that mineralization is present over an area of approximately 200 metres by 100 metres. Additional discoveries were also made 100 metres south in an area measuring 70 metres by 80 metres. Several new occurrences were also discovered in an area not explored in 2024. These include the Phoenix occurrence yielding 0.36 per cent Dy and 936 ppm Ta. Quality assurance/quality control Grab samples are selective by nature and may not represent average grades on this project. Analyses were performed by ALS Canada Ltd. with the analytical procedure performed in Vancouver, B.C. Samples were analyzed using the methods ME-OGREE, ME-XRF15c, ME-MS71L and ME-MS81h. Blanks and certified reference materials (CRMs) with known grades were inserted among the samples (OREAS 463). Mathieu Stephens, Neoterrex's president and chief executive officer, commented: "The 2025 results have exceeded our expectations for a two-week exploration program. Neoterrex is fortunate to advance a project hosting such a wide spectrum of critical metals, all within an accessible and geologically diverse setting. We are now integrating these results into an updated geological model in preparation for the next phase of work, which will include mechanical trenching and drilling. "The Galactic project continues to deliver discoveries across multiple critical metals while the commencement of drilling at Monument represents a major milestone for the company. Few projects combine this level of geological diversity, metal potential and ease of access, and we're eager to advance both projects to the next stage of exploration." Qualified person The technical and scientific content of this news release has been reviewed, verified and approved by Mathieu Stephens, PGeo, president and chief executive officer of Neoterrex and a qualified person as defined under NI 43-101, Standards of Disclosure for Mineral Projects. About Neoterrex Minerals Inc. Neoterrex's projects are located in Quebec, a province recognized for its exceptional infrastructure, supportive regulatory framework and growing importance within the North American critical minerals supply chain. With a portfolio of well-positioned assets, Neoterrex is strategically aligned to capitalize on the accelerating demand for rare earth elements and other key materials essential to the defence industry and clean energy transition. We seek Safe Harbor.