NeoTerrex Minerals Inc. has provided an update on its fully funded 2026 exploration program across multiple properties in Québec, highlighting maiden field work at Strange Lake West and progress at the Reservoir project.

Exploration has commenced at the Strange Lake West rare earth elements project in Nunavik, adjacent to Torngat Metals Ltd.'s Strange Lake heavy rare earth deposit. The helicopter-assisted maiden program is targeting historical rare earth occurrences, mapping prospective pegmatites and syenitic intrusions, and evaluating areas where historical outcrop and boulder samples returned total rare earth oxide values ranging from 0.10% to 1.40%, including dysprosium.

At the Reservoir project, technical review and due diligence have been completed, with drafting of the definitive agreement underway. Applications for required exploration permits have been initiated, and field work is expected to begin upon receipt. The project hosts several mineralized zones, including the C52 Zone, which has been traced for approximately 1.6 kilometres and returned historical drill intersections including 8 metres grading 1.12 g/t gold and 0.93% copper, with tungsten values up to 0.1%.

NeoTerrex also reported summer exploration results across its portfolio, including the collection of 51 grab samples at the Gravitas project that identified a new gold occurrence returning 4.43 g/t gold from a quartz vein containing chalcopyrite. A previously contemplated drill program at Gravitas has been deferred while the company develops additional regional drill targets.

Read the full announcement: NeoTerrex Provides Exploration Update