- Neotech Metals (CSE:NTMC) expanded near-surface mineralization at its Hecla-Kilmer rare earth elements project near Timmins, Ontario, with new assay results yielding a highlight of 17.4 metres of 0.95 per cent total rare earth oxides.
- The junior mining company is advancing a diversified portfolio of rare earth element and rare metals projects in Ontario and British Columbia.
- Neotech Metals stock has added 128.57 per cent year-over-year.
Neotech Metals (CSE:NTMC) expanded near-surface mineralization at its Hecla-Kilmer rare earth elements project near Timmins, Ontario, with new assay results yielding a highlight of 17.4 metres of 0.95 per cent total rare earth oxides.
The results, the last from Neotech’s 10,000-metre drilling and sampling program in 2025, reinforce the project’s potential to host a district-scale deposit, with multiple broad zones of mineralization beginning at or near surface discovered to date.
The junior mining company intends to release Hecla-Kilmer’s maiden resource estimate in 2026, solidifying the economics of its main 3.5 x 3 km magnetic anomaly, high metallurgical recovery rates and vast, multi-zone potential, all of which point to the project’s strengthening case for delivering Canada’s first instance of domestic rare earths production.
The news follows a 600-metre northern mineralized extension announced on Monday based on results from the same program, demonstrating Hecla-Kilmer’s vastly untapped scale.
Leadership commentary
“These final drill results from the 2025 program continue to demonstrate the scale potential of the Hecla-Kilmer carbonatite system, highlighted by broad zones of mineralization and consistent intervals of higher-grade rare earth and niobium mineralization beginning at or near surface,” Reagan Glazier, Director and Chief Executive Officer of Neotech Metals, said in Wednesday’s news release. “As we continue connecting mineralized zones across the project, we believe Hecla-Kilmer is increasingly demonstrating the characteristics of a significant critical minerals deposit in North America. On behalf of the company, I would also like to thank our contractors, technical teams and local communities for their support throughout a successful field season completed with zero safety incidents or infractions.”
About Neotech Metals
Neotech Metals is a junior mining company advancing a diversified portfolio of rare earth element and rare metals projects in Ontario and British Columbia.
Neotech Metals stock (CSE:NTMC) is unchanged trading at C$0.32 as of 9:58 am ET. The stock has added 128.57 per cent year-over-year.
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