Critical Metals Corp. (Nasdaq: CRML) has announced exceptional drilling results from its 2024 program at the Tanbreez Project in Greenland. The recent assays show total rare earth oxide (TREO) grades between 0.48% and 0.55%, with a significant 27.0% heavy rare earth oxides (HREO) content. Additionally, zirconium oxide (ZrO₂) levels ranged from 1.86% to 1.99%, and gallium oxide (Ga₂O₃) assays were between 90 and 100ppm.
The drilling, part of the ongoing 2024–2025 Fjord Resource Upgrade program, has confirmed the continuity of high-grade mineralization across multiple sections of the Fjord Deposit. All drill holes were vertical, intersecting mineralization at true thicknesses, and mineralization remains open at depth.
With further assays pending for nine additional drill holes, the company aims to refine its geological model and support future resource estimation. The results underscore the strategic value of the deposit and its potential for economic viability as part of the broader Tanbreez mineral inventory.
Tony Sage, CEO and Executive Chairman of Critical Metals Corp. commented on the results, “These incredible results underscore the strategic value of Tanbreez as a rare earth elements and gallium project with scale, grade, and a high proportion of critical heavy rare earths.
With China’s total control over the rare earth market globally, securing sources of these critical minerals has become paramount for U.S. defence capabilities and national security.
Our project grades are exceptional and fully position Tanbreez as a strategically important asset for critical Western supply chains. These results further prove and progress our geological model vastly. The processing of the 2024 drill cores, and already completing over 1,500 meters of drilling as part of our 2025 Fjord Resource Upgrade program, puts us in a strong position to build on our significant resource base. All drill holes stopped in resource grade material and with further assays pending and more drilling underway, we see strong potential to grow the scale and nature of the project’s mineral inventory.”
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