Neoterrex Resources Inc. (TSXV: NTX) has commenced a 1,500-meter maiden drill program at its Valour project, located in the highly prospective Abitibi geological subprovince of Quebec, Canada. The project is situated 60 kilometers northwest of Waswanipi and adjacent to Kenorland Minerals’ Chebistuan property, which is currently under an exploration agreement with Newmont Corp.
The drill program will target magnetic bodies that exhibit strong electromagnetic responses and anomalous copper mineralization. The project area is characterized by favorable geological attributes, including volcanic and sedimentary rock units, a major unconformity, and a significant fold axis.
Mathieu Stephens, President and CEO of Neoterrex, expressed optimism about the project’s potential. “We are excited about the potential for new discoveries at Valour, particularly given the region’s rich mining history. Our team has meticulously analyzed exploration data to refine our target delineation, and we are confident in the project’s prospects,” he said.
Neoterrex is committed to responsible mining practices and community engagement. The company is actively collaborating with local communities to ensure transparency and minimize environmental impact.
As the demand for critical minerals continues to grow, Neoterrex is well-positioned to capitalize on the opportunities presented by its portfolio of projects in Quebec. The company’s focus on exploration and development in this highly mineralized region positions it as a key player in the North American mining industry.