Neotech Metals Corp (OTC: NTMFF) gets Exploration Permit for its TREO Project

The receipt of mineral exploration permits is generally seen as major positive by investors and hence, it would not be a surprise if the Neotech Metals Corp (OTC: NTMFF) stock gets traction this morning. The company made an announcement this morning to that effect and it may be a good idea to take a closer look.

New Permit

The company announced this morning it had received a mineral exploration permit for the Treo Project from the BC Mines Office. The project, which Neotech Metals Corp owns in its entirety, is situated not too far from Prince George in British Columbia. As per the provisions of the permit, the company would be able to conduct drilling activities in a total of 10 pad locations that had been discovered through exploration programs carried out in the past. The permit came through following programs in 2024 that had produced positive results.

Key Information

In the news release, the company further stated that there was considerable excitement at having shared the news about the new permit. Neotech Metals Corp also stated that the team was looking forward to working on the advancement of the prospective exploration targets and the focus would be on high grade mineralization.

CEO Quote

“I’m pleased to share these exciting developments for our Company,” said CEO Reagan Glazier. “We’re eager to advance these prospective exploration targets, with emphasis on high-grade, near-surface mineralization identified in earlier programs.”