Core Insights - Critical Metals Corp is advancing its drilling program at the Tanbreez Rare Earth Project in Greenland, aiming for commercial production by 2026 to meet increasing demand in the West [1][2] - The company has initiated a 2000m resource diamond drilling program to enhance the current Mineral Resource Estimate (MRE) and support the development of a Bankable Feasibility Study (BFS) [2][4] - The existing MRE for the Fjord Eudialyte Deposit is currently at 8.76 million tonnes (Mt) indicated and 13.8 Mt inferred, totaling 22.56 Mt [5] Drilling Campaign Highlights - The first drill hole, K25-01, has been completed to approximately 60m, showing a composition of 30%-40% medium-grained eudialyte [5] - The drilling program aims to extend resources approximately 700m to the east and 650m along the strike of the host rock [5] - Target depths for the drill holes will range from 80m to 250m [5] Next Steps - The exploration and DFS study teams are conducting detailed fieldwork, with data collection crucial for finalizing the BFS and preparing reports for Greenland regulators and financial partners [4] - The company is on track to deliver final reports by Q4 2025 [4] Company Overview - Critical Metals Corp focuses on critical metals and minerals essential for electrification and next-generation technologies, with its flagship project, Tanbreez, being one of the largest rare earth deposits globally [10] - The Wolfsberg Lithium Project in Austria is another key asset, expected to be a major producer of lithium products for the European market [11] - The company aims to become a reliable supplier of critical minerals for defense applications and the clean energy transition [12]

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]

Core Insights - Critical Metals Corp. has released historical deep diamond drill hole results from the Tanbreez Project in Greenland, indicating significant potential for high-grade rare earth elements (REE) and other critical minerals [1][9][40]. Drill Hole Results - Drill Hole DX-02 intersected high-grade rare earths averaging 4733ppm (0.47% TREO) with 28% heavy rare earth oxides (HREO) over a depth of 328m [6][14]. - Drill Hole D306-13 showed an average of 4211ppm (0.42% TREO) with 24% HREO over a depth of 195m [6][14]. - The average mineralization across the reported drill holes is approximately 0.45% TREO, containing an average of 26% HREO [24][15]. Resource Estimates - The current Mineral Resource Estimate (MRE) for the Tanbreez Project is approximately 45 million tonnes (MT) at 0.38% TREO, consisting of 19.5MT inferred and 25.4MT indicated resources [12][32]. - The company is planning resource drilling to extend and grow the existing MRE, targeting the Fjord and Hill Zone deposits [29][34]. Economic Potential - The Preliminary Economic Assessment for the Tanbreez Project indicates a Net Present Value (NPV) of approximately $2.8 billion to $3.6 billion and an Internal Rate of Return (IRR) of 180% before tax [9][39]. - The project is gaining significant interest from Western governments due to its strategic importance in the supply of critical minerals [9][40]. Future Plans - The company is preparing for a 2025 resource drilling program, with mobilization of crews to Greenland expected in mid-to-late June [29][36]. - The company is also re-assaying historical samples to confirm and reconcile assay results from previous drilling campaigns [36][37].