NeoTech Metals Corp.
Company Data
| Introduction
| Projects in Hand
| Management
News Update
| Chinese
| Address ： |
220 – 333 Terminal Avenue Vancouver, B.C. Canada V6A 4C1 |
| Tel No.： | 403-875-6663 |
| Web Site： | www.neotechmetals.com |
| E-mail： | info@neotechmetals.com |
| Contact Person： | Reagan Glazier |
| Position： | CEO & Director |
| Traded Market： | CSE | OTCQB | FSE |
| Traded Symbol： | NTMC | NTMFF | V69O |
| Outstanding Shares： | ~61.87 Million |
| 52 Week High： | $ 1.22 |
| 52 Week Low： | $ 0.09 |
| Present Price： | Click Here |
NeoTech Metals is a mineral exploration company dedicated to discovering and developing valuable mineral resources within promising jurisdictions around the world. With a strong commitment to environmental stewardship and sustainable practices, NeoTech is positioned to make a positive impact while maximizing the potential of its exploration properties.
The Company has a diversified portfolio, including its new flagship, Hecla-Kilmer Rare Earth Element (REE) Project in northern Ontario, located 20 kilometres from the Otter Rapids 180-megawatt hydroelectric power generation station and active Ontario Northway railway, along with its TREO and Foothills projects located in British Columbia. All three projects are 100 per cent wholly owned.
Hecla-Kilmer REE-Nb-Ta Project, Northern Ontario
- Just 25km from the Otter Rapids hydroelectric power station (180MW), active rail, and paved-highways. World-class carbon free energy and infrastructure paired with overwhelming support from both local communities and first nations groups.
- Notable results include 361m of 1.02% TREO, 0.13% Nb, and 23.4 ppm Ta that includes 20% PMREOs
- Significant high-grade volcanic Phosphate (7%+ intercepts) component that can be blended with lower-grade sedimentary-derived phosphates to upgrade product for export.
- Permits and fully-funded, NeoTech completed its maiden drill program at the Hecla-Kilmer project. The program conducted nearly 5,000 meters of drilling.
- The fully financed drill program aimed to extend out laterally from holes such as HK24-013, which intersected 361 metres of 1.0 per cent TREO (total rare earth oxides) (20 per cent was PMREOs (permanent-magnet rare earth oxides)) from bedrock surface, and hole HK24-008, which intersected 120 metres of 0.5 per cent TREO and 0.20 per cent Nb2O5 (niobium pentoxide) in the Pike zone. Additional drill testing in the South Rim zone and more peripheral targets was also undertaken. The company also reports that the program was completed without any safety incidents.
(See news release dated November 19, 2024)
TREO Project, British Columbia
- The TREO Property, covering 39 mineral claims, is contiguous to the Wicheeda Carbonatite Rare Earth deposit approximately 85 km northeast of Prince George, British Columbia.
- The TREO project is approximately 50 kilometres due east of Bear Lake, which touts an active railway, powerlines driven by hydroelectric projects and year-round maintained roads.
- The Wicheeda district features a development-stage rare-earth project with a positive economic assessment study, making nearby areas highly prospective for additional discoveries.
- The road-accessible property enables low-cost exploration programs with simple logistics. All sides of the mineral tenure feature forest-service roads with bridges in place, reducing the overall footprint required to conduct the Company's programs. Upcoming programs will aim to strategically target extensions in key locations in preparation of a more detailed study.
On November 25, 2024, Neotech Metals Corp. has released the assay results from the 2024 field reconnaissance program at the TREO project.
Out of the 113 rock samples collected, the assay results saw a peak value of 28.97 per cent TREO (total rare-earth oxides) with 17 samples that assayed above 1.0 per cent TREO. Additionally, numerous assays from the same sample set exhibited anomalous niobium values, with a peak of 2.91 per cent Nb2O5 (niobium pentoxide) (and 20 samples exceeding 0.15 per cent Nb2O5). All samples were sourced from bedrock/outcrop exposures within mapped carbonatites featuring iron-oxide alteration, altered phyllites and syenites. The grades of TREO and niobium were found to correlate with varying degrees of alteration.
Plans to expand on the results include off-season modelling, including 3-D projections to project and define drill targets, as well as planning additional reconnaissance work programs for the next season to both broaden and define targets.
“The consistent high-grade, at-surface results extending over four kilometres from Wicheeda Lake provide excellent definition and strong encouragement for the potential of broad zones of mineralization,” commented chief executive officer Reagan Glazier. “Our team is working diligently to advance the TREO project, enhancing our understanding of the region and ensuring the best possible outcomes for the upcoming drill program.”
Management, Directors and Advisors
Reagan Glazier, Chief Executive Officer & Director
Mr. Glazier is a mineral exploration executive with over 15 years of gold, copper, base metal, and rare-earth exploration experience in North and South America. Born and raised in Northern British Columbia, he brings a strong technical background and hands-on experience in grassroots and discovery-stage exploration projects. He currently sits on the boards of Freegold Ventures Ltd., Starr Peak Mining Ltd. and is the CEO and President of Pacific Bay Minerals Ltd. He holds a Bachelors of Science in Geology from the University of Calgary.
Philip Ellard, CPA, Chief Financial Officer
Mr. Ellard is a designated CPA with a Bachelor of Commerce Honours from the University of British Columbia. His expertise includes providing financial reporting, go-public, taxation and regulatory support services. He also sits as a CFO for MiMedia Holdings (TSX-V: MIM), and Newpath Resources Inc. (CSE: PATH).
Jared Galenzoski, P.Geo., Vice President of Exploration
Mr. Galenzoski has an extensive background in mining and exploration, including project management and operations in both regional and international settings, including VP roles at Buffalo Potash Corp., Continental Potash Corp., and is the President of Fides Strategic Resource Management Ltd. His experience in both private and publicly traded companies makes him an invaluable leader in managing both small and large-scale developments of mining projects with the best possible standards.
João Alexandre Vieira, Director
Mr. Vieira has been involved in mining exploration for over 15 years and has experience in prospecting, property evaluation, exploration and development.
Bob Krause, Director
Mr. Krause has over 30 years of industry experience as a geologist having worked extensively in North, Central and South America.
Brian Thurston, P.Geo., Director
Mr. Thurston has over 29 years’ experience working as a geologist around the globe including North and South America, Africa and India.
Dr. David James Turner, PhD, P.Geo., Special Advisor
Ikram Osmani, P.Geo., Special Advisor
Justin Daley, P.Geo., Technical Advisor
On March 04, 2025, Neotech Metals Corp. has released additional geochemical assay results from its exploratory diamond drilling program of the niobium and rare earth element (REE) carbonatites, located at the Hecla-Kilmer (H/K) project, near to Otter Rapids in the James Bay Lowlands of Northern Ontario.
Neotech is reporting assay results from two holes, HK24-033 and HK24-031, at the Hecla-Kilmer project. This drill hole is part of a 12-hole program totalling 5,047 metres, completed as part of the exploration program during the fall of 2024. This specific drill hole intersected a mineralized interval on a gravity and magnetic anomaly within proximity to the Pike zone prospect.
The company reported that 342 meters of 0.5% TREO including 58 meters of 1.06% TREO from bedrock surface on the pike zone extension at Hecla-Kilmer.
"The additional broad zones of mineralization starting from bedrock surface represent a significant economic opportunity for the Hecla-Kilmer project," stated chief executive officer Reagan Glazier. "These consistent mineralized zones at surface provide clear targets to guide future drill programs. Furthermore, the system remains wide open in several directions, including at depth, warranting further exploration and deeper drill testing to fully assess its scale."
On February 24, 2025, Neotech Metals Corp. announced the preliminary geochemical assay results from its exploratory diamond drilling program of the Niobium and Rare Earth Element ("REE") carbonatites located at the Hecla-Kilmer ("H/K") Project near Otter Rapids in the James Bay Lowlands of Northern, Ontario.
A total of 12 new drill holes (of which 11 are still to be reported) were completed in 2024 by Neotech to supplement the 24 legacy drill holes completed by VR Resources ("VR") in previous exploration campaigns.
It drilled 86 Meters of 1.06% TREO from Bedrock surface. Approximately 300 meters from the Pike Zone Mineralized Corridor in its inaugural drill program at Hecla-Kilmer.
"The discovery of bedrock-surface mineralization near the Pike Zone presents significant opportunities for the Hecla-Kilmer Project," stated CEO Reagan Glazier. "The strong PMREO values in HK24-034 are consistent with previous intercepts and highlight a clear path to enhancing the project's overall value."
On February 10, 2025, Neotech Metals Corp. announced that on Feb. 4, 2025, the company entered into an agreement with Dahrouge Geological Consulting Ltd. for geological modelling, targeting and database review at Neotech's Hecla-Kilmer (H/K) niobium and rare earth element (REE) project. Dahrouge is a renowned firm in the mineral exploration industry, specializing in REEs with additional experience in resource estimation and economic assessments. The projected cost of the project is $51,000.
"I'm pleased to be working with the experienced and talented team at Dahrouge," said Reagan Glazier, chief executive officer of Neotech. "We're eager to further develop and understand H/K and believe Dahrouge's insight as well as perspective will be invaluable."
Additional work is expected to be conducted in the summer 2025 exploration season. Further updates with continuing developments will be provided in the future.
On January 27, 2025, Neotech Metals Corp. has received a mineral exploration permit from the British Columbia Mines Office for its 100-per-cent-owned TREO project, located approximately 80 kilometres northeast from Prince George, B.C.
The permit authorizes Neotech to conduct drilling on 10 pad locations, identified through previous exploration programs. This work follows the 2024 field season, which yielded significant results, including bedrock samples with grades of up to 28.97 per cent TREO (total rare earth oxides) and 2.91 per cent Nb2O5 (niobium pentoxide).
"I'm pleased to share these exciting developments for our company," said chief executive officer Reagan Glazier. "We're eager to advance these prospective exploration targets, with emphasis on high-grade, near-surface mineralization identified in earlier programs."
Work is expected to be conducted in the summer 2025 exploration season. Further updates with continuing developments will be provided in the future.
November 25, 2024, Neotech Metals Corp. has released the assay results from the 2024 field reconnaissance program at its 100-per-cent-owned TREO project, located 85 kilometres northeast from Prince George, B.C.
Out of the 113 rock samples collected, the assay results saw a peak value of 28.97 per cent TREO (total rare-earth oxides) with 17 samples that assayed above 1.0 per cent TREO. Additionally, numerous assays from the same sample set exhibited anomalous niobium values, with a peak of 2.91 per cent Nb2O5 (niobium pentoxide) (and 20 samples exceeding 0.15 per cent Nb2O5). All samples were sourced from bedrock/outcrop exposures within mapped carbonatites featuring iron-oxide alteration, altered phyllites and syenites. The grades of TREO and niobium were found to correlate with varying degrees of alteration.
Plans to expand on the results include off-season modelling, including 3-D projections to project and define drill targets, as well as planning additional reconnaissance work programs for the next season to both broaden and define targets.
“The consistent high-grade, at-surface results extending over four kilometres from Wicheeda Lake provide excellent definition and strong encouragement for the potential of broad zones of mineralization,” commented chief executive officer Reagan Glazier. “Our team is working diligently to advance the TREO project, enhancing our understanding of the region and ensuring the best possible outcomes for the upcoming drill program.”
https://neotechmetals.com/neotech-metals-corp-samples-28-97-treo-and-2-91-nb2o5-at-the-treo-project/
November 19, 2024, Neotech Metals Corp. has completed its maiden drill program at its flagship project, Hecla-Kilmer (H/K). The program conducted nearly 5,000 metres of drilling, where all core is to be assessed, sampled, split and sent to laboratories for assays. A small crew remains at Hecla-Kilmer to conduct the remaining project activities related to the acquired cores and data.
The fully financed drill program aimed to extend out laterally from holes such as HK24-013, which intersected 361 metres of 1.0 per cent TREO (total rare earth oxides) (20 per cent was PMREOs (permanent-magnet rare earth oxides)) from bedrock surface, and hole HK24-008, which intersected 120 metres of 0.5 per cent TREO and 0.20 per cent Nb2O5 (niobium pentoxide) in the Pike zone. Additional drill testing in the South Rim zone and more peripheral targets was also undertaken. The company also reports that the program was completed without any safety incidents.
“I’m pleased with how much progress was made at H/K and want to thank all contractors, local suppliers, communities and first nations partners for their contributions in ensuring a successful drill program,” commented chief executive officer Reagan Glazier. “We remain optimistic about the future of H/K and look forward to the assays and upcoming work season next year.”
https://neotechmetals.com/neotech-metals-corp-completes-inaugural-drill-program-at-hecla-kilmer/
November 06, 2024, Neotech Metals Corp. has received approval to uplist onto the OTCQB market, closed its LIFE (listed issuer financing exemption) financing for $1,351,450 and completed over 3,600 metres of drilling in its maiden campaign at its 100-per-cent-owned flagship property, Hecla-Kilmer.
The OTCQB is a U.S. trading platform operated by OTC Markets Group Inc., designed for developing and entrepreneurial-stage companies. The OTCQB is recognized by the U.S. Securities and Exchange Commission as an established public market for determining the public market price when registering securities for resale.
The completed LIFE financing will finance the company as it advances its portfolio of rare earth element exploration projects in the stable jurisdiction of Canada.
October 25, 2024, Further to the news release of Sept. 26, 2024, Neotech Metals Corp. has closed its listed issuer financing exemption financing.
Under the offering, the company issued 9,009,665 units of the company, at a price of 15 cents per unit, for gross proceeds of $1,351,450, with each unit composed of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one common share at a price of 25 cents for a period of three years.
The net proceeds from the sale of the units will be used for exploration expenditures and corporate and general operating expenses.
https://neotechmetals.com/neotech-metals-announces-closing-of-its-life-financing/
October 04, 2024, Neotech Metals Corp. has received its exploration permit and has commenced drilling operations at its 100-per-cent wholly owned Hecla-Kilmer property. The company is also pleased to welcome Justin Daley as an advisor to the board.
The 5,000-metre drilling campaign will target peripheral zones to the northeast and southeast, in addition to extensional drilling around the Pike zone, with the goal of establishing a maiden resource estimate.
Justin Daley, chief executive officer and president of VR Resources, has managed multiple drill programs at Neotech’s Hecla-Kilmer rare-earth element project in Northern Ontario and brings extensive experience in the geology, geophysics and geochemistry of rare-earth element and niobium systems.
"We’re fortunate to have Mr. Daley join our team as his knowledge and experience will provide invaluable insight as we explore and advance this project,” Reagan Glazier, chief executive officer, commented: “We’re also thrilled to be exploring at Hecla-Kilmer, which is located within the traditional territory of the Moose Cree First Nations, Taykwa Tagamou Nation and Metis Nation of Ontario.”
September 26, 2024, in partnership with SGS Laboratories, metallurgical testing has commenced on Neotech Metals Corp.’s flagship Hecla-Kilmer (H/K) property. The testing aims to assess the economics of an expanded drill campaign that integrates the apatite-hosted rare earth mineralization, niobium-related mineralization and overall phosphate recoveries to help advance the project.
This first-phase trial will focus on evaluating the project's metallurgical response to a variety of flowsheets, including gravity, flotation and magnetic separation methods. The analysis will consider potential recoveries, liberation, beneficiation components and other variables, progressing the project to its next milestone.
September 23, 2024, Neotech Metals Corp. has been approved by the Ontario Junior Exploration Program (OJEP) to receive $200,000 to help fund exploration activities within the province of Ontario.
The OJEP grant, a provincial program aimed at incentivizing exploration in the critical-minerals sector, supports the discovery and development of mineral resources vital to the global green transition. These funds will be allocated to Neotech’s next drilling campaign, targeting geophysical anomalies in proximity to the Pike and South Rim zones at Hecla-Kilmer.
“We greatly appreciate the support from the Province of Ontario as this investment not only helps position us as a key strategy in the critical minerals sector, but also unlocks new opportunities for the province as a whole,” Reagan Glazier, chief executive officer, said. “By advancing our exploration and development efforts, we have the potential to contribute to building a new industry within Ontario, one that supports the green transition and strengthens the province's economic future. The government's backing demonstrates the high quality of Ontario as a mining jurisdiction, providing a stable and supportive environment for innovation and growth.”
August 13, 2024, Neotech Metals Corp. has amended the terms of its non-brokered private placement listed issuer financing exemption financing previously announced on June 24, 2024. The total proceeds will include a minimum of $1.35-million and up to a maximum of $2.5-million, consisting of a minimum of nine million units of the company and up to a maximum of 16,666,667 units at a price of 15 cents per unit. Each unit will be composed of one common share in the authorized share structure of the company and one common share purchase warrant of the company. Each warrant entitles the holder to purchase one additional common share of the company at a price of 25 cents per warrant share for a period of 36 months from the date of issuance.
https://neotechmetals.com/neotech-metals-announces-amended-life-financing/
July 23, 2024, Neotech Metals Corp., further to its news release dated March 11, 2024, has completed the acquisition of the Hecla-Kilmer (H/K) rare earth elements (REE) and niobium project in Northwestern Ontario from VR Resources Ltd.
Reagan Glazier, chief executive officer and director of the company, stated: “The acquisition of Hecla-Kilmer is highly strategic to Neotech, as it solidifies the company’s position in the REE and critical metals sector, adding both a significant, high-quality REE project with demonstrated potential and a large, prospective land package with significant upside potential. Neotech is advancing a multitrack agenda of aggressive exploration and strategic REE district consolidation, with this transaction representing our commitment to our shareholders in becoming the leading diversified, REE exploration and development company.”
https://neotechmetals.com/neotech-metals-corp-completes-hecla-kilmer-ree-project-acquisition/