NeoTerrex Expands Copper-Gold-Silver Discoveries at Gravitas

The most recent news (Feb 25, 2026) reports assay results from the late fall exploration program at the 100% owned Gravitas project in Quebec. Key findings include a new vein discovery in the Maxwell Block with grab samples up to 0.65% Cu and 0.71 g/t Au. Additionally, the Curie Zone was expanded with results showing up to 1.23% Cu and 1.22% Cu in separate samples. The southern block yielded higher-grade copper grab samples, including 4.06% Cu and 2.48% Cu. Management notes that the mineralizing system appears broader than initially recognized, particularly around the Petosa Tungsten Zone.

The impact is Routine - Positive. While the copper grades (up to 4.06%) are visually impressive, they are derived from grab samples, which are selective and not representative of average grades or true widths. The news confirms the presence of a multi-element system (Cu-Au-Ag-W), but it does not yet represent a "discovery" in the sense of a defined mineral resource. - Comparison to Projections: The company successfully followed up on the June 2025 "potential copper discovery" at Gravitas. However, the "major milestone" drilling at the Monument REE project (announced Oct 2025) has not yet yielded reported assays, suggesting a potential delay or focus shift toward the base metal assets at Gravitas. - Strategic Shift: There is a noticeable pivot in news flow from Rare Earth Elements (REE) toward Copper/Tungsten. This may be a tactical move to maintain investor interest while REE markets remain difficult.

NeoTerrex is a Quebec-focused explorer. While it holds a large REE portfolio (Mount Discovery, Galactic, Revolver, Monument), the Gravitas Project has recently become the primary source of news. Gravitas is located in the Abitibi-Témiscamingue region and targets Tungsten (Petosa Zone), Copper, and Gold. The company also holds the Mount Discovery project, where maiden drilling in 2024 showed wide intervals of anomalous REE (e.g., 7,000 ppm TREO over 11m).