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NeoTerrex Minerals Inc ( (TSE:NTX) ) has issued an announcement.
NeoTerrex Minerals Inc. has announced its exploration plans for 2025, focusing on its rare earth elements projects. The company has allocated an initial budget of $2 million for activities including surface prospecting, geological mapping, and drilling. The exploration will target several projects, including the Mount Discovery, Galactic, Strange Lake West, Gravitas, Monument, and Revolver projects, each with specific objectives to assess mineralization and potential resource expansion. This initiative aims to capitalize on previous discoveries and explore new areas, potentially enhancing NeoTerrex’s position in the rare earths market.
More about NeoTerrex Minerals Inc
NeoTerrex Minerals Inc. operates in the mining industry, focusing on the exploration and development of critical mineral assets, particularly rare earth elements. The company is involved in various projects aimed at discovering and evaluating mineral deposits, with a market focus on rare earths and strategic metals.
Average Trading Volume: 80,485
Technical Sentiment Signal: Buy
Learn more about NTX stock on TipRanks’ Stock Analysis page.