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NeoTerrex Completes Phase I Exploration at Monument REE Project, Plans Drilling

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The latest update is out from NeoTerrex Minerals Inc ( (TSE:NTX) ).

NeoTerrex Minerals Inc. has successfully completed the first phase of its exploration program at the Monument Rare Earth Element project in Quebec. The company has identified promising electromagnetic and magnetic anomalies, and is planning a drill program with permits already applied for. NeoTerrex is well-financed with $3 million in working capital and no debt, allowing it to advance multiple projects simultaneously. The company is committed to contributing to long-term supply security for Western markets and collaborates with Indigenous communities in its project development efforts.

More about NeoTerrex Minerals Inc

NeoTerrex Minerals Inc. is a company focused on advancing critical minerals projects in Quebec, Canada. The company aims to capitalize on the growing critical minerals sector in North America by identifying new deposits in favorable locations, with a particular emphasis on rare earth elements and other critical metals.

Average Trading Volume: 35,133

Technical Sentiment Signal: Buy

For detailed information about NTX stock, go to TipRanks’ Stock Analysis page.

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