Northwire Canada EditionSaturday, August 29, 2026
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GOLD 4529.90 −2.9% SILVER 67.79 −3.5% COPPER 6.66 −0.5% OIL 83.40 −0.2% PALLADIUM 1428.60 +5.4% SAE 0.520 +4.0% ZEN 0.770 +0.0% WGLD 0.130 +13.0% AEM 286.76 −3.9% SAG 1.32 −4.3% GSVR 0.475 −5.0% CRI 0.050 −9.1% TMQ 5.04 −4.2% BTO 7.85 −3.0% HBM 40.78 −3.0% EFR 20.38 −6.5% SF 0.365 −4.0% SPX 0.115 +0.0% CQR 0.060 +20.0% IVS 0.310 +5.1% CNC 1.44 −2.7% GOLD 4529.90 −2.9% SILVER 67.79 −3.5% COPPER 6.66 −0.5% OIL 83.40 −0.2% PALLADIUM 1428.60 +5.4% SAE 0.520 +4.0% ZEN 0.770 +0.0% WGLD 0.130 +13.0% AEM 286.76 −3.9% SAG 1.32 −4.3% GSVR 0.475 −5.0% CRI 0.050 −9.1% TMQ 5.04 −4.2% BTO 7.85 −3.0% HBM 40.78 −3.0% EFR 20.38 −6.5% SF 0.365 −4.0% SPX 0.115 +0.0% CQR 0.060 +20.0% IVS 0.310 +5.1% CNC 1.44 −2.7%
Production / Operations Routine +

NeoTerrex Receives Permits for Petosa Tungsten Zone at Gravitas

NeoTerrex Secures Gravitas Permits Amidst Critical Metals Push; Stock Consolidates Near Support

By The Northwire Desk — AI Analysis Apr 16, 2026 · 07:01 NTX · 0.12 Neoterrex Minerals Inc.
Executive Summary
  • NeoTerrex Minerals Inc. received mechanical trenching permits for its 100%-owned Gravitas project in Abitibi-Témiscamingue, Quebec.
  • The exploration program focuses on the Petosa Tungsten ("W") zone to expose bedrock for mapping and sampling ahead of drilling.
  • Historical data indicates tungsten grades between 0.5% and 4% W over widths of 1–5m within a ~150m porphyry system.
  • Recent surface sampling returned values between 0.1% and 0.5% W, with additional permits received for Galileo (Cu-Ag), Currie (Cu-Au), and Maxwell (Au-Ag-Cu) zones.
  • Infrastructure is robust, with the Petosa zone located 50m from an all-weather road and access to power and accommodations.
Material Impact
  • The receipt of permits is a necessary operational milestone following previous exploration announcements but does not fundamentally alter the company's valuation profile at this stage.
  • This news confirms progress on the Gravitas project timeline, validating management's execution capability regarding regulatory approvals in Quebec.
  • However, trenching and sampling are early-stage activities; no resource estimate or drilling results have been released to substantiate economic viability yet.
  • The market has already priced in exploration progress through previous assay releases (e.g., Feb 2026 copper-gold discoveries), making this a follow-up event rather than a surprise catalyst.
NTX · Price
Company Overview
  • Company: NeoTerrex Minerals Inc. (TSX-V: NTX).
  • Strategy: Development of critical mineral projects in Quebec, focusing on Rare Earth Elements (REE), Tungsten, Copper, and Gold to supply green-energy and defense markets.
  • Flagship Projects:
    • Gravitas: Multi-metal project (Tungsten, Copper, Gold) with recent trenching permits and high-grade grab samples (4.06% Cu).
    • Monument: REE project adjacent to Montviel deposit; drilling commenced in late 2025/early 2026.
    • Revolver & Galactic: High-grade REE/Zirconium projects with significant surface discoveries (12.87% TREO at Revolver).
  • Management: Led by Mathieu Stephens, P.Geo., who serves as President, CEO, and Qualified Person under NI 43-101.
Read the original news release →

More from Neoterrex Minerals Inc.

Aug 19, 2026 · 07:04

Neoterrex signs an LOI to earn the polymetallic Reservoir project in Quebec.

M&A / Property Jul 22, 2026 · 07:07

Neoterrex advances permits for its Strange Lake West project, strengthening its critical metals portfolio ahead of the upcoming summer field season.

Drill Results Jun 18, 2026 · 07:02

NeoTerrex Commences Exploration at Gravitas Project in Preparation for a Drill Program

Drill Results Feb 25, 2026 · 16:45

Neoterrex Minerals samples 0.28 g/t Au at Gravitas

Drill Results Feb 25, 2026 · 07:01

NeoTerrex pivots to base metals at Gravitas as REE sentiment remains stagnant

Drill Results Dec 12, 2025 · 16:21

Neoterrex closes $500,000 private placement

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