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NeoTerrex Provides Update on Its Tungsten and Rare Earth Assets as They Relate to Bill C-5
Ottawa, Ontario--(Newsfile Corp. - June 26, 2025) - NeoTerrex Minerals Inc. (TSXV: NTX) ("NeoTerr...
About this update from Neoterrex Minerals Inc
[{"type":"text","content":"NeoTerrex Provides Update on Its Tungsten and Rare Earth Assets as They Relate to Bill C-5Ottawa, Ontario--(Newsfile Corp. - June 26, 2025) - NeoTerrex Minerals Inc. (TSXV: NTX) (\"NeoTerrex\" or the \"Company\") is pleased to share a comprehensive update on its ongoing fully-funded exploration activities for its Quebec-based projects. The Company is well-positioned with $3.5 million in working capital.Gravitas ProjectExploration at the copper-gold-tungsten Gravitas project in Abitibi-Témiscamingue is progressing, with a primary focus on the Petosa Tungsten zone. Tungsten, a critical metal, was first identified in the area in the 1930s, where scheelite-bearing quartz veins, up to 5 metres wide and extending 150 metres in length, were exposed (Macveigh, 1954).The exploration team has successfully located the historical zone and extracted samples from the exposed veins. Notably, visual inspection under ultraviolet light revealed scheelite crystals glowing bright blue, a promising indication of mineralization. Photos of these samples are available on the Company's website.Additionally, a potential copper discovery was made in a different area of the project, where a quartz vein containing copper-bearing minerals, including bornite and chalcopyrite, was identified. The typical green oxidation associated with copper mineralization was visible. The vein, which varies in width, is estimated to extend at least 25 metres in length, although further overburden removal is needed to confirm its full extent.Fifty samples have been submitted for assaying, testing for copper, gold, and tungsten content.Galactic ProjectIn late May 2025, surface exploration was expanded at the Galactic project, where significant critical minerals were discovered last year. A total of 38 distinct critical metal occurrences, including Dysprosium (0.54% Dy2O3), Neodymium (1.6% Nd2O3), Tantalum, Niobium, and Zirconium, were identified (as previously reported in NeoTerrex's August 22, 2024 news release).The latest exploration program aimed to assess the potential widths of mineralization, identify new areas of mineralization, and collect additional samples for petrographic analysis to identify the minerals containing these metals. A total of 158 grab and channel samples have been sent to the laboratory for assaying.Based on new field observations, the Galactic p...