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An update from NeoTerrex Minerals Inc ( (TSE:NTX) ) is now available.
NeoTerrex Minerals Inc. has acquired the Gravitas project in the Belleterre area of Abitibi-Temiscamingue, Quebec, which includes the historic Petosa tungsten zone. This acquisition is part of a strategic move to capitalize on the recent surge in exploration activity in the region, led by Vior Inc. The Gravitas project encompasses 86 claims over 4,900 hectares and holds potential for significant tungsten resources, as evidenced by historical reports. The project remains at an exploratory stage, with no historical drilling found, and aims to enhance NeoTerrex’s position in the mining sector by leveraging the tungsten zone’s potential.
More about NeoTerrex Minerals Inc
NeoTerrex Minerals Inc. operates in the mining industry, focusing on mineral exploration and development. The company is involved in acquiring and exploring mineral properties, with a particular interest in projects located in established mining regions.
Average Trading Volume: 55,063
Technical Sentiment Consensus Rating: Buy
See more insights into NTX stock on TipRanks’ Stock Analysis page.