GlobeNewswire News Room·2025-08-18 12:00Core Insights - Critical Metals Corp has published assay results from the Tanbreez Project in Greenland, highlighting the strategic value of the project as a source of rare earth elements and gallium [1][4][6]. Summary of Assay Results - The 2024 drilling program reported significant grades of total rare earth oxides (TREO) ranging from 0.48% to 0.55% across four drill holes, with a high proportion of heavy rare earth oxides (HREO) averaging 27% [2][5][14]. - The assay results for individual drill holes are as follows: - DDH-A1-24: 0.48% TREO, 27.1% HREO, 1.86% ZrO₂, 100 ppm Ga₂O₃ [2][11]. - DDH-A2-24: 0.52% TREO, 26.9% HREO, 1.96% ZrO₂, 95 ppm Ga₂O₃ [2][11]. - DDH-B-24: 0.50% TREO, 26.0% HREO, 1.99% ZrO₂, 100 ppm Ga₂O₃ [2][11]. - DDH-C-24: 0.55% TREO, 25.5% HREO, 1.98% ZrO₂, 90 ppm Ga₂O₃ [2][11]. - The mineralization remains open at depth in all reported holes, confirming continuity of grade and mineralogy across the Fjord Deposit [5][14][16]. Strategic Importance - The results from the Tanbreez Project are positioned as critical for Western supply chains, especially given the current global control of rare earth markets by China [6][7]. - The project is expected to enhance U.S. defense capabilities and national security by securing sources of critical minerals [6][7]. Future Prospects - The ongoing 2024-2025 drilling campaign aims to further delineate resources, with additional assay results from nine remaining drill holes expected in Q3 2025 [3][24]. - The company has already completed over 1,500 meters of drilling in 2025, indicating strong potential for resource expansion [5][7][24]. 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 [29][30]. - The company also holds the Wolfsberg Lithium Project in Austria, which is strategically positioned to support the European market for lithium products [30][31].