Rare Earth Element (REE) carbonatites
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Neotech Metals Corp. Confirms Multiple Mineralized Intervals During Maiden Drilling Program at TREO Project in BC and Announces New Board Members from the AGM
Newsfileยท 2025-11-18 09:00
Core Insights - Neotech Metals Corp. has confirmed multiple mineralized intervals during its maiden drilling program at the TREO Project in British Columbia, with preliminary geochemical assay results indicating visible rare earth mineralization [1][5][6] - The company has appointed two new board members, Mr. Justin Daley and Mr. Cameron McDonald, to enhance its leadership team [1][2][3] Drilling Program Details - The 2025 drilling program included four drill holes totaling 991 meters, designed to test for Total Rare Earth Oxide (TREO) intervals within the carbonatite complex at Wicheeda Lake [5][6][7] - All four drill holes intersected mixed carbonatites and dolomites, with visible rare earth mineralization observed [6][7] - Specific intervals of interest from the drilling program include various thicknesses and TREO percentages across different holes, with notable results such as 3.39% TREO over 2 meters in hole TR25-003 [7] New Board Members - Mr. Justin Daley, a professional geologist with over 15 years of experience, has been appointed to the board, bringing expertise in capital deployment and discovery-driven value creation [2] - Mr. Cameron McDonald, with over 20 years of capital market experience, has also joined the board, contributing his background in M&A and financing management [3] Stock Options - The company will grant stock options to the new directors, with each receiving 250,000 options priced at $0.35 for a three-year term with immediate vesting [4] Ongoing Exploration Efforts - Neotech Metals is actively drilling at its Hecla-Kilmer project, with over 6,000 meters completed in 2025, focusing on defining mineralized zones for a maiden resource estimate [14]