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NeoTerrex Reports Commencement of Drilling at the Monument Project and the Discovery of 44 New Occurrences at the Galactic Project Including Assays of 17.15% Zirconium and 2.44% Neodymium
Ottawa, Ontario--(Newsfile Corp. - October 30, 2025) - NeoTerrex Minerals Inc. (TSXV: NTX) ("NeoT...
About this update from Neoterrex Minerals Inc
[{"type":"text","content":"NeoTerrex Reports Commencement of Drilling at the Monument Project and the Discovery of 44 New Occurrences at the Galactic Project Including Assays of 17.15% Zirconium and 2.44% NeodymiumOttawa, Ontario--(Newsfile Corp. - October 30, 2025) - NeoTerrex Minerals Inc. (TSXV: NTX) (\"NeoTerrex\" or the \"Company\") is pleased to announce the commencement of its 2,000-metre maiden drill program at the 100% owned Monument project, near Waswanipi, Quebec and provides assay results from its surface exploration program at its Galactic project.Highlights:2,000 metre drill program underway at the Monument projectDrilling targets geophysical anomalies prospective for rare earths and sulphide mineralization (Monument project)44 new occurrences discovered at Galactic project (82 since 2024) (Galactic project)Galactic Zirconium (\"Zr\") assay results among highest recorded in the province in grab samples (17.15% Zr) (Galactic project)Numerous Tantalum (\"Ta\"), Dysprosium (\"Dy\"), Neodymium (\"Nd\") and Niobium (\"Nb\") occurrences discovered at Galactic, including 2.44% Nd (Galactic project)Monument Project DrillingNeoTerrex has initiated a 2,000-metre drill program at its Monument project, situated in the Waswanipi/Montviel region of Québec. The program is testing high-priority geophysical targets identified during recent surveys that outlined strong electromagnetic anomalies coincident with highly magnetic bedrock. These signatures are comparable to those associated with the nearby Montviel light rare earth deposit, which hosts a National Instrument 43-101 compliant indicated resource of 183.9 million tonnes grading 1.45% TREO and an inferred resource of 66.7 million tonnes grading 1.46% TREO (SGS Canada, 2011).The current phase will include approximately 14 holes, with the potential for expansion based on early results. Only two historical holes, drilled in the 1990s in search of kimberlites, are known within the project boundaries; both intersected carbonatites, a key host rock for rare earth mineralization, but were never assayed for rare earths.Galactic Project DiscoveriesAt the Galactic project, NeoTerrex completed a spring exploration program consisting of prospecting, mapping, and channel sampling. A total of 44 new mineralized occurrences were discovered, extending known mineralized zones and confirming the district-scale crit...