Critical Metals is a momentum stock, and incredibly hard to value.Critical Metals (CRML 8.60%) stock, a start-up miner of rare-earth elements, tumbled 9.8% through 1:35 p.m. ET this morning despite reporting some apparently good news for shareholders.Drilling at its exploratory Tanbreez Rare Earth Project in Greenland, Critical Metals has found evidence of minable quantities of yttrium, cerium, gallium, and hafnium, as well as zirconium, niobium, and tantalum. What this means for investorsThe company says t ...

Core Insights - Terra Clean Energy Corp. has confirmed the rare earth element potential at its Fraser Lakes B Deposit through drilling and assays, highlighting significant quantities of rare earth oxides such as La₂O₃, Ce₂O₃, Yb₂O₃, and Y₂O₃ [1][7][12] Summary by Category Rare Earth Elements (REE) Potential - The Fraser Lakes B Deposit contains substantial amounts of light rare earth elements, which are critical for various industries including automotive, batteries, and electronics [2][5] - Specific applications of the rare earth elements include: - **Lanthanum**: Used in medical treatments and industrial applications like batteries and catalytic converters [2] - **Cerium**: Functions as a polishing agent and catalyst in automotive applications [3] - **Ytterbium**: Enhances stainless steel and is utilized in advanced technologies such as lasers and quantum computing [4] - **Yttrium**: Key for phosphors in LEDs, ceramics for fuel cells, and has medical applications [5] Project Development and Collaboration - The Fraser Lakes B Deposit is part of a multiyear study on REEs in northeastern Saskatchewan, supported by a government grant to the University of Saskatchewan [6] - Terra Clean Energy is actively involved in expanding the understanding and inventory of REEs in Canada, with ongoing drilling programs expected to enhance both uranium and REE resources [8] Infrastructure and Location - The Fraser Lakes B Deposit spans approximately 12,464 hectares and is located 18 kilometers outside the Athabasca Basin, with good infrastructure including proximity to power lines and roads [11][12] - The South Falcon East Project, which includes the Fraser Lakes B Deposit, has a historic inferred mineral resource of 6.9 million pounds of U3O8 at a grade of 0.03% [10]

Core Insights - Lomiko Metals Inc. has identified a new gold anomaly and extended multi-element anomalies at the Yellow Fox property in Newfoundland, indicating promising exploration results [1][2][34] - The company plans to focus on further soil sampling in Phase 3 to explore the newly identified gold anomaly, which is nearly one kilometer long [2][5] - Newfoundland has been recognized as one of the top ten most attractive jurisdictions for mining investment by the Fraser Institute, enhancing the region's appeal for exploration [2][3] Exploration Results - The Phase II soil sampling program collected 264 additional samples, bringing the total to 815 samples, which successfully extended several high-priority multi-element anomalies [5][8] - A new gold showing was discovered with an assay result of 1.3 grams per tonne (g/t), located in an area with minimal prior exploration [9][10] - Historical work at the Yellow Fox property has returned significant samples, including up to 59.43 g/t Au and 11.10% Sb, indicating the potential for high-grade mineralization [4][26] Future Plans - The company plans to conduct further prospecting and surface trenching to evaluate the extent of the new gold showing and to collect additional rock samples [9][15] - Ground geophysics and line cutting permits have been received, with plans to run a Rare Earth Elements testing package to explore cerium anomalies [10][15] - Additional soil sampling will be conducted on 3-5 lines south of the new gold anomaly to determine its extent [15]