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CRITICAL METALS CORP. NASDAQ–CRML Announces Another Series of Outstanding Drilling Results Achieving Additional High-Grade Results Across Its Tanbreez Asset from the 2025 Drilling Campaign
Globenewswire· 2026-01-14 13:30
Core Viewpoint - Critical Metals Corp has announced the first assay results from its 2025 drilling program at the Tanbreez Rare Earths Project in Greenland, confirming consistent rare earth grades and the presence of strategic metals, which reinforces the project's global significance in the rare earth sector [1][3][11]. Drilling Program Overview - The 2025 drilling campaign aimed to extend known mineralization and refine the geological model, with results expected to support a revised Mineral Resource Estimate and advance mine planning studies [2][17]. - A total of 20 diamond drill holes were completed in 2025, totaling 3,430 meters, which included both vertical and angled holes designed to intersect mineralized layers [19][20]. Assay Results Highlights - The assay results indicate Total Rare Earth Oxide (TREO+Y) grades ranging from 0.35% to 0.77%, with heavy rare earth oxides (HREO) comprising approximately 25–29% of TREO+Y [25][30]. - Key results from specific drill holes include: - 25-D01: 24m @ 0.48% TREO+Y (25.9% HREO) from 0m [4] - 25-D02: 187m @ 0.48% TREO+Y (25.0% HREO) from 0m [4] - 25-D05: 158m @ 0.42% TREO+Y (25.0% HREO) from 7m [5] - 25-D09: 71m @ 0.37% TREO+Y (23.3% HREO) from 34m [9] Strategic Metals Presence - The drilling results highlight the presence of strategic metals such as gallium, hafnium, cerium, and yttrium, which support the project's multi-commodity potential [3][15]. - Gallium oxide levels were reported at approximately 100 ppm, hafnium oxide at around 350 ppm, and cerium oxide at about 1,630 ppm [15][30]. Resource Growth Potential - The results indicate potential for further resource growth, with mineralization confirmed to occur consistently close to the surface and demonstrating strong lateral and vertical continuity [15][30]. - The mineralized area extends from drill hole K-24 northeast for at least 1.0 km, with a depth of more than 200 meters above the Fjord Deposit [15][11]. Next Steps - The company is awaiting additional assay results from the 2025 drilling season and plans to incorporate this data into the planning stage for the 2026 field season [28].
Terra Clean's Fraser Lakes B Deposit Contains Significant Rare Earth Element Potential and is Listed as an Active Government of Canada Rare Earth Deposit
Globenewswire· 2025-10-15 11:30
Core Insights - Terra Clean Energy Corp. has confirmed significant rare earth element (REE) potential at its Fraser Lakes B Deposit through drilling and assays, highlighting the presence of key rare earth oxides such as La₂O₃, Ce₂O₃, Yb₂O₃, and Y₂O₃ [1][7][12] REE Applications - Light rare earth elements are crucial in various industries, including automotive, batteries, and magnets. Lanthanum is used in medical applications and industrial processes, while cerium serves as a polishing agent and catalyst [2][3] - Ytterbium finds applications in improving stainless steel, dental alloys, and advanced technologies like quantum computing [4] - Yttrium is essential in phosphors for LEDs, lasers, and medical applications, as well as in ceramics and electronics [5] Project Development - The Fraser Lakes B Deposit is part of a broader study on REEs in northeastern Saskatchewan, supported by a government grant to the University of Saskatchewan [6] - The deposit is located in a well-infrastructured area, approximately 18 kilometers outside the Athabasca Basin, with good access to power and water [11] - The South Falcon East Project, which includes the Fraser Lakes B Deposit, has a historic inferred resource of 6.9 million pounds of U3O8 at a grade of 0.03% [10][12] Management Statements - The CEO of Terra emphasizes the strategic importance of the REE deposit, indicating a commitment to unlocking its value alongside ongoing uranium development [7][8]