Neoterrex Minerals: Advancing Multiple Rare Earth Elements Projects in Quebec
Rare Earths: Abundant Elements, Scarce Economic Deposits
While rare earth elements (REEs) are relatively common in the Earth’s crust, economically viable deposits are rare. Neoterrex Minerals (TSXV: NTX) is a Canadian exploration company with a portfolio of six REE projects in Quebec, Canada’s premier mining jurisdiction. Our focus is on supplying the essential metals that power electric vehicles, renewable energy, and advanced defense systems.
Near-Term Exploration on Three High-Impact Projects
Strange Lake West
Located just 6 km west of the world-class Strange Lake deposit (278 Mt @ 0.93% TREO), Neoterrex’s Strange Lake West shares similar geology and geophysical signatures. Historical samples have returned up to 1.4% TREO, with notable dysprosium concentrations. With Strange Lake advancing towards production, Neoterrex’s 2025 drilling program aims to explore these promising anomalies.
Galactic
Acquired through strategic staking, the Galactic project in eastern Quebec has unveiled 38 critical mineral occurrences, including rare earth elements, niobium, and tantalum. Grab samples have yielded up to 12.23% TREO (with 4.56% HREO), and 12 samples exceeding 1% TREO. The project’s heavy rare earth ratios, reminiscent of Strange Lake, combined with proximity to infrastructure—highway, power, and a deep-sea port are within 80 km.
Mount Discovery
Situated in southern Quebec, Mount Discovery boasts 24 identified rare earth occurrences. Channel sampling has revealed 27 meters at 3.2% TREO, and grab samples have reached up to 12.86% TREO. The project is located with highway and electricity within 3 km.
Proven Leadership with a Track Record of Strategic Exits
President & CEO Mathieu Stephens, P.Geo., brings over 15 years of experience in the mining industry. He previously led UrbanGold Minerals, which was acquired by Troilus Gold in 2021, and served as VP Exploration at Beaufield Resources, acquired by Osisko Mining in 2018 . Under his leadership, Neoterrex maintains a disciplined approach to capital deployment, with approximately $4 million in working capital and no debt.
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