Critical Metals Corp Reports New Drilling Results from Tanbreez Project

Critical Metals Corp, a company focused on mining critical minerals, has released further drilling assay results from its Tanbreez rare earth element (REE) project in Greenland. The results are from historical deep diamond drill holes completed in 2013, which have now been analyzed and reported.

The company reported that drill holes DDH 009-13 through DDH 015-13 intersected average grades of 0.48% Total Rare Earth Oxide (TREO) and 27% Heavy Rare Earth Oxide (HREO). Specifically, drill hole DDH 009-13 returned an average of 0.48% TREO and 26% HREO from surface to a depth of 64 meters. Mineralization was reported as open at the bottom of several holes.

Critical Metals Corp currently holds a 42% interest in the Tanbreez project and has the right to increase its stake to 92.5% by the fourth quarter of 2025. The company has applied for a program of works for 2025 drilling, aiming to upgrade the existing maiden mineral resource estimate of approximately 45 million tonnes.

Future drilling in 2025 will target the Fjord and Hill Zone deposits to upgrade inferred resources to indicated resources. Drilling and exploration teams are expected to mobilize in the second quarter of 2025. The company is also re-assaying historical pulp samples to verify previous findings and expects further assay results shortly.