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NeoTerrex Begins Exploration Program at Gravitas Project in Quebec

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NeoTerrex Minerals (NTX.V) Thursday said it has begun exploration activities at its 100%-owned Gravitas Project in Abitibi-Temiscamingue, Quebec.

The program is expected to help the company to "advance" several "high-priority" tungsten, copper, gold and silver targets and support planning for a potential drill program, said NeoTerrex.

Field crews have begun geological mapping, prospecting, trench preparation, and the reopening of historical workings at the Petosa Tungsten Zone, stated the company.

Exploration activities will also evaluate the Galileo, Curie and Maxwell target areas, along with Petosa, added the company.

"The objective of this program is to systematically advance our understanding of the Project while preparing for a potential drill campaign later this year," said CEO Mathieu Stephens. "Petosa represents a compelling tungsten target at a time when governments and industry are increasingly focused on securing domestic supplies of critical minerals. At the same time, the copper, gold and silver potential identified elsewhere on the property provides additional opportunities for discovery and value creation."

The company's shares were last seen up $0.005 at $0.10 on the TSX Venture Exchange.

Price: $0.10, Change: $+0.01, Percent Change: +5.26%

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