NeoTerrex Minerals Inc.. Stock Analysis NTX.V

NeoTerrex Minerals, Inc. is a Canadian mineral exploration corporation, which focuses on developing rare earth elements and lithium properties. The company is headquartered in Ottawa, Ontario. The company went IPO on 2022-06-22. The firm is engaged in advancing its prospective rare earths projects located in the province of Quebec. The company is focused on developing critical minerals in Canada. The company owns prospective copper, rare earths, lithium and gold projects. Its projects include Mount Discovery, Galactic, Valour, Monument, Lindsay, Roman, and Gravitas. The Mount Discovery Rare Earths project is located in the south-central part of the Grenville Province, which is composed of multiple terranes or large crustal blocks. The Galactic project consists of 11, 4223 hectares situated in the Cote-Nord region of Quebec. The Valour project consists of 29 claims spanning 1,600 hectares, located 230 kilometers (km) north of the town of Val D’Or and 165 km west of the town of Chibougamau. The Monument project consists of 34 claims totaling 1,891 hectares. The company also owns the Gravitas project, which comprises 86 claims covering 4,900 hectares.