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Neotech Metals hires DRA Global for first resource estimate and economic assessment of Hecla-Kilmer rare earth project.

Company Fundamentals
13 Oct 2026
Newsfile Corp
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Bullish
Neotech Metals hires DRA Global for first resource estimate and economic assessment of Hecla-Kilmer rare earth project.

Neotech Metals has engaged DRA Global to conduct the Maiden Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) for its 100% owned Hecla-Kilmer Rare Earth project in Ontario, Canada. This marks the first NI 43-101 compliant resource estimate for the project, which is unique for its apatite-hosted rare earth system and potential coproducts like magnetite and niobium. The PEA will integrate ongoing metallurgical results and evaluate mine planning, processing, infrastructure, and economic viability. This step advances Hecla-Kilmer from exploration toward a project with defined economic potential, addressing processing challenges in rare earth development in North America.

Neotech Metals' Hecla-Kilmer project advances with a Maiden Resource Estimate and Preliminary Economic Assessment underway. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 13, 2026 14:11 WIB: out of 62 priced US stocks, 34 rose and 25 fell. Notable movers include FSM at USD 10.78 with a 1-day change of -1.33% and a typical hold time of 4 days, ICL at USD 4.96 with 0% sell and 100% buy order activity, and SBSW at USD 9.88 with 98% sell and 2% buy order activity and a 1-day change of -1.25%.

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