NeoTerrex Minerals Inc (TSE:NTX) has released an update.
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NeoTerrex Minerals Inc. reports promising results from its first drilling program at the Mount Discovery project in Quebec, uncovering widespread rare earth mineralization. The company’s exploration revealed significant zones of mineralization, including a high-grade section with 7,000 ppm of Total Rare Earth Oxides over 11 meters, indicating a large underlying mineral system. The findings, marked by the presence of critical elements for permanent magnets, underscore the project’s potential for rare earth element deposits.
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