Group 1 - U.S. stock futures are higher, with Dow futures gaining over 100 points [1] - Concentrix Corporation reported quarterly earnings of $2.70 per share, missing the analyst consensus estimate of $2.75, while quarterly revenue was $2.42 billion, exceeding the Street estimate of $2.38 billion [1] - Concentrix shares fell 8% to $50.70 in pre-market trading [1] Group 2 - CorMedix Inc. declined 14.2% to $12.83 after announcing an $85 million public offering [4] - Critical Metals Corp. fell 14.2% to $3.14 after a previous surge of over 32% [4] - AdaptHealth Corp. decreased 8.6% to $8.61 after gaining around 5% on the previous day [4] - USA Rare Earth, Inc. declined 8.4% to $11.65 [4] - Gold Fields Limited fell 5.1% to $22.60 [4] - OMS Energy Technologies Inc. decreased 4.6% to $6.80 [4]

Core Viewpoint - Critical Metals Corp has signed a $2 million diamond drilling contract to enhance resource size at the Tanbreez Project, following a $120 million non-dilutive funding package from the US Federal Government Bank [1][2]. Group 1: Drilling Program Details - The diamond drilling program will target resources east of the existing Fjord Deposit, with depths ranging from 80m to 250m [1]. - The program aims to finalize and enhance the current pit design, contributing to the upcoming definitive feasibility study expected by the end of 2025 [2]. Group 2: Company Overview - Critical Metals Corp is focused on critical metals and minerals, with the Tanbreez Project being one of the largest rare earth deposits globally, located in Southern Greenland [4]. - The company also holds the Wolfsberg Lithium Project in Austria, which is the first fully permitted mine in Europe and is strategically positioned for lithium production [5]. Group 3: Strategic Positioning - With its asset portfolio, Critical Metals Corp aims to become a reliable supplier of critical minerals essential for defense applications and the clean energy transition [6].

Core Viewpoint - Critical Metals Corp has secured a non-dilutive funding package of $120 million from the Export-Import Bank of the United States (EXIM) to support the development of the Tanbreez Project, a significant rare earth deposit in Greenland [1][2]. Funding and Financials - The funding package is part of EXIM's Supply Chain Resiliency Initiative (SCRI) and is intended to cover project costs with a repayment term of 15 years [2]. - The total capital expenditure required for the Tanbreez Project is estimated at $290 million, with an expected annual production capacity of up to 85,000 metric tons of rare earth materials during initial commercial production [3]. Project Development and Strategic Importance - The CEO of Critical Metals Corp emphasized that the Tanbreez Project is a world-class asset that will provide critical rare earth metals, countering China's dominance in the supply chain [4]. - The company plans to complete a definitive feasibility study by the end of 2025, which will include essential data such as volumes and timelines [4]. - An investment of $10 million in exploration expenses is planned for 2025 to potentially increase ownership of the asset to 92.5% [4]. Strategic Context - The proposed funding may receive special consideration under EXIM's 2019 reauthorization, aimed at mitigating competitive impacts from China and enhancing U.S. leadership in transformational export areas [5]. - The SCRI program is part of the China and Transformational Exports Program (CTEP), designed to help U.S. exporters compete with Chinese companies [6]. Company Overview - Critical Metals Corp is focused on critical metals and minerals essential for electrification and next-generation technologies, with the Tanbreez Project being a key asset located in Southern Greenland [7]. - The company also has the Wolfsberg Lithium Project in Austria, which is the first fully permitted lithium mine in Europe and is strategically positioned for production [8].

Core Viewpoint - Critical Metals Corp has announced exceptional assay results from the Tanbreez Project in Greenland, indicating a significant opportunity to increase the current Maiden Resource Estimate (MRE) of rare earth materials from 225 million tonnes (MT) to an exploration target of 500MT [1][19][30]. Group 1: Assay Results and Resource Estimates - The weighted average grade from the newly released diamond drill hole results is 0.43% Total Rare Earth Oxides (TREO) with 28% Heavy Rare Earth Oxides (HREO) and 1.44% Zirconium Oxide (ZrO2) [9][13]. - The MRE for the Tanbreez Project is approximately 45MT of eudialyte containing 0.38% TREO, including 27% HREO, along with 180MT of industrial mineral by-products [1][30]. - The deep diamond drill holes have confirmed mineralization grades ranging from 0.33% to 0.51% TREO, with the potential for further resource upgrades [13][19][23]. Group 2: Drilling Plans and Operations - The company has applied for a Program of Works for the 2025 resource drilling program to upgrade the Inferred Resource to Indicated Resource category and extend the size of the Tanbreez Fjord and Hill Zone Deposits [2]. - The first stage of the drilling program will target the Fjord Deposit, while the second stage will focus on the Hill Zone Deposit, with planned depths of 60m to 150m [4][6][5]. - The company is currently re-assaying historical samples to confirm and reconcile assay results, with updates expected soon [3][7]. Group 3: Strategic Positioning and Future Outlook - The Tanbreez Project is strategically positioned to advance development plans, with ongoing exploration and fieldwork to deepen understanding of the asset's potential [1][19]. - The company holds a 42% interest in the Tanbreez Project, with the right to increase this to 92.5%, indicating strong control over the resource [1]. - The project is expected to play a crucial role in supplying critical minerals essential for electrification and next-generation technologies in Europe and its partners [38][39].

Core Insights - Critical Metals Corp has released assay results from eleven deep diamond drill holes at the Tanbreez Project in Greenland, indicating significant potential for increasing the current Maiden Resource Estimate (MRE) from 225 million tonnes (MT) to an exploration target of 500MT of rare earth materials [1][17][18] - The weighted average grade of the newly reported drill results is 0.43% Total Rare Earth Oxides (TREO) with 28% Heavy Rare Earth Oxides (HREO) and 1.44% Zirconium Oxide (ZrO2) [9][11] - The company is preparing for a 2025 resource drilling program aimed at upgrading the Inferred Resource to Indicated Resource category and extending the size of the Tanbreez Fjord and Hill Zone Deposits [2][4] Company Developments - The company currently holds a 42% interest in the Tanbreez Project, with the option to increase this to 92.5% [1] - The recent MRE announced includes approximately 45MT of eudialyte with a grade of 0.38% TREO and 180MT for industrial mineral by-products [1][27] - The company is re-assaying historical samples to confirm and reconcile assay results, with updates expected soon [3][7] Drilling Program Details - The first stage of the drilling program will target the Fjord Deposit, focusing on extending drilling further north and east [4][5] - The second stage will target the Hill Zone Deposit, with infill drilling planned to upgrade resources from Inferred to Indicated [6] - The average target depth for the drilling is set between 60m and 80m, with some holes extending to 150m [5][6] Economic Potential - The economic analysis shows a Net Present Value (NPV) of approximately US$2.4 billion to US$3.0 billion at discount rates of 10% and 8%, respectively, with an Internal Rate of Return (IRR) of 180% before tax [1][27] - The Tanbreez Project is positioned as one of the world's largest rare earth deposits, with significant infrastructure advantages for transportation [36] Resource Estimates - The MRE for the Tanbreez Project includes 22.56MT of eudialyte at an average grade of 0.43% TREO, with additional resources of feldspar and arfvedsonite [27][31] - The total estimated mass of the kakortokite host unit is approximately 4.7 billion tonnes, indicating substantial exploration potential [18][36]

Group 1 - MTM Critical Metals Ltd has successfully recovered high-grade antimony from U.S.-sourced electronic waste using its proprietary Flash Joule Heating technology, achieving a 98% conversion rate and yielding 3.13% antimony concentration, which exceeds typical global mine grades of 0.1% to 1.0% [1][2][3] - The recovery of antimony is aligned with the U.S. critical minerals strategy, as antimony is vital for industries such as munitions, semiconductors, and battery manufacturing, while the U.S. currently relies heavily on imports from China [2][3] - The results validate the strategic importance of recovering critical metals from e-waste and support ongoing discussions with U.S. government stakeholders for potential funding [3] Group 2 - MTM Critical Metals specializes in advanced metal recovery technologies and holds exclusive licensing rights to the Flash Joule Heating technology developed by Rice University [4] - The company has secured a pre-permitted demonstration site in Texas and is engaging with U.S. agencies to scale operations [3][4] - MTM also holds exploration assets for niobium, rare earth elements, and gold, located in Western Australia and Quebec [4]

Core Viewpoint - Allied Critical Metals Inc. has initiated a fully-funded exploration program for its Borralha Tungsten Project in northern Portugal, which includes up to 5,000 meters of core drilling aimed at expanding the resource base and enhancing project economics [1][2]. Company Overview - Allied Critical Metals Inc. is focused on its 100% owned Borralha and Vila Verde tungsten projects in northern Portugal, with the Borralha project being an advanced-stage brownfield site historically mined from 1904 to 1985, producing over 10,280 tonnes of high-grade wolframite concentrate [1][2][9]. - The company aims to become a leading Western supplier of tungsten, a critical metal for various industries including defense, electric vehicles, and semiconductors [10][13]. Exploration and Resource Estimates - The current NI 43-101 resources as of March 2024 indicate: - Indicated: 4.98 million tonnes at 0.22% WO₃, 762 g/t Cu, and 4.8 g/t Ag - Inferred: 7.01 million tonnes at 0.20% WO₃, 642 g/t Cu, and 4.4 g/t Ag [5]. - Recent drilling from 2023 to 2024 returned strong intercepts, including up to 10 meters at 1.75% WO₃ and multiple longer intervals averaging over 0.2% WO₃ [4]. Project Development - The Borralha project is undergoing environmental assessment to transition to full-scale mining, with current permitting allowing bulk sampling of up to 150,000 tonnes per annum [7]. - The project benefits from excellent infrastructure, being located near major cities like Braga and Porto, which provides access to roads, power, water, and skilled labor [8]. Strategic Importance - Borralha represents one of the few near-term, non-Chinese tungsten production opportunities globally, aligning with the West's increasing demand for critical raw materials amid supply chain vulnerabilities [9]. - The tungsten market is estimated to be valued at approximately U.S.$5 to $6 billion, with China and Russia currently representing about 90% of the total global supply and reserves [13].

Core Viewpoint - Critical Metals Corp has exercised outstanding warrants to purchase 400,000 ordinary shares at an exercise price of $5.00 per warrant, generating approximately $2 million in gross proceeds, which will be used to advance its critical mineral projects in Greenland and Europe [1][2][3]. Group 1: Financial Actions - The company exercised warrants for 400,000 shares, resulting in gross proceeds of about $2 million [1]. - The exercise of warrants led to the removal of restrictions on an additional 1,200,000 ordinary shares [1]. Group 2: Project Development - The net proceeds from the warrant exercise will primarily support the development of the Tanbreez Project in Greenland and the Wolfsberg Project in Austria [2][3]. - The Tanbreez Project is one of the largest rare earth deposits globally, located in Southern Greenland, with year-round shipping access [4]. - The Wolfsberg Lithium Project is the first fully permitted mine in Europe, strategically positioned to become a major producer of lithium products for the European market [5]. Group 3: Strategic Positioning - Critical Metals Corp aims to be a reliable supplier of critical minerals essential for defense applications and the clean energy transition [6]. - The company is focused on producing strategic products necessary for electrification and next-generation technologies for Europe and its partners [4][6].

Core Insights - Critical Metals Corp. has released assay results from historical deep diamond drill holes at the Tanbreez Project in Greenland, indicating high-grade total rare earth oxides (TREOs) and heavy rare earth oxides (HREOs), positioning the project as a world-class rare earth deposit [1][21][23] - The company aims to increase its current mineral resource estimate (MRE) of approximately 45 million tonnes (MT) through future drilling programs, with a robust economic outlook showing a net present value (NPV) of approximately US$2.4 to US$3.0 billion and an internal rate of return (IRR) of 162% before tax [1][21] - The Tanbreez Project is jointly owned, with Critical Metals Corp. holding a 42% interest and the potential to increase this to 92.5% by the fourth quarter of 2025 [1] Drilling and Resource Development - The company has applied for a Program of Works for 2025 resource drilling to upgrade the inferred resource to indicated resource category, with mobilization expected in the second quarter of 2025 [2] - The first stage of the infill drilling program will target the Fjord Deposit, which has a 23 MT MRE footprint, with an average target depth of 40-50 meters [3] - Confirmation of the 2025 drilling will follow the review of results from the 2024 program, with additional drilling targeting the Hill Zone Deposit, which contains a 22.6 MT MRE area [4][5] Assay Results and Mineralization - Recent assay results from drill holes DDH-009-13, DDH-001-13, DDH-012-13, DDH-003-13, DDH-015B-13, and DDH-015A-13 show high-grade rare earth mineralization, with TREO averages ranging from 0.39% to 0.48% [8][10][12][23] - The mineralization is consistently high across the drill holes, with significant intersections of HREO, tantalum, niobium, zirconium, hafnium, and gallium [10][24][26] - The company is re-assaying historical samples to confirm and reconcile assay results, with further results expected soon [6][20][28] Strategic Positioning - Critical Metals Corp. is positioned as a leading mining development company focused on critical metals and minerals essential for electrification and next-generation technologies [42] - The Tanbreez Project is one of the largest rare earth deposits globally, with strategic access to transportation via deep water fjords [44] - The company also holds the Wolfsberg Lithium Project, which is expected to be a major producer of lithium products for the European market [45]

Company Overview - StrikePoint Gold is a multi-asset gold exploration company based in Vancouver, BC, focusing on building precious metals resources in the Western United States and Canada [3][4] - The company is rapidly becoming one of the largest holders of mineral claims within the Walker Lane of Nevada, with approximately 145 square kilometers of prospective geology under claim [5] Leadership and Expertise - CEO Michael G. Allen has 15 years of experience in the Walker Lane, with notable transactions including the acquisition of the Sterling Gold Project and the sale of Northern Empire to Coeur Mining for approximately $120 million [4] - The management and board of StrikePoint possess strong expertise in exploration, finance, and engineering [5] Recent Developments - StrikePoint recently signed a definitive agreement to sell a BC property for C$1.1 million [9] - The company has reported drilling broad zones of near-surface oxide gold at the Hercules Gold Project in Nevada [9] Upcoming Events - CEO Michael G. Allen will present live at the Precious Metals & Critical Metals Hybrid Investor Conference on May 22nd, 2025, at 10:00 AM ET [1][2] - The event will allow investors to engage with the company in real-time, with an archived webcast available for those unable to attend live [2]