NeoTerrex Minerals Inc. announced the expansion of its ongoing exploration program on the Mount Discovery rare earths property located in southwestern Quebec. This 100%-owned Property spans 11,187 hectares and represents a significant opportunity for rare earth element discovery and development. The Company has decided to bolster its current exploration program by targeting several additional rare earth occurrences identified at the surface of the Property.

To support these efforts effectively, NeoTerrex has deployed an excavator to establish access to new drilling locations. NeoTerrex will conduct further excavation of newly discovered mineralized zones to determine their potential surface extent while drilling activities are ongoing. This strategic approach reflects the Company's commitment to aggressive exploration methodologies while optimizing the utilization of existing on-site equipment, ultimately enhancing operational efficiency and cost-effectiveness.

The current drilling program is designed to validate both lateral and depth extensions of the mineralized zones, with a particular focus on the King showing. Notable results from this area include 3.25% Total Rare Earth Oxides (?TREO?) over 27 meters in a channel sample (the true width cannot yet be established), indicating potential extensions beneath the overburden. The Company plans to drill a minimum of nine holes within a 50-meter radius of the King showing, targeting both lateral and depth extensions of mineralization.

Additionally, investigations will concentrate on a suspected major fault south of the occurrence, believed to have served as a conduit for rare earths mineralization. Aside from the King showing, NeoTerrex will target other promising areas such as Sicilian, Blitz, and Knight, known for their favorable grab sample results ranging from 1% to 10% TREO. These locations, situated at the margins of a suspected fault and carbonatite unit, signify substantial mineralization potential similar to the King showing.

The geological composition of the Property includes a diverse range of formations, notably carbonatite, gabbro, pegmatitic syenite, pyroxenites, and occasional granites. Carbonatites, often rich in apatite and biotite phenocrysts, are typically found in valley bottoms near suspected major faults. Pyroxenites frequently occur adjacent to carbonatites, highlighting the region's geological complexity.

Notably, strong alteration zones are associated with areas of mineralization, with magnetite-bearing dykes or sills further enriching the geological context. The Mount Discovery property benefits from robust infrastructure, including road access, power sources, and a local labor force, facilitating streamlined exploration operations, reduced costs, logistical efficiency, and accelerated project timelines. Leveraging the region's established mining industry and supportive regulatory framework, NeoTerrex is well-positioned to navigate permitting processes effectively.

These advantages position the project for sustainable growth and success in rare earths exploration. Rare earth elements play a critical role in manufacturing high-tech products such as smartphones, electric vehicles, and wind turbines. Given China's dominant position in the global rare earths supply chain, the exploration and development of new deposits have become strategic imperatives for numerous countries and companies worldwide.