Critical Metals Corp (Nasdaq: CRML) announced three new assay results from their 2024 diamond drill hole programme at the Fjord Deposit at the Tanbreez Rare Earth Project in Greenland.
The 2024/25 drill campaign has targeted both confirmatory and step-out holes to validate historic drilling data, refine the geological model for resource estimation, and provide material for metallurgical and environmental test work. Key highlights from the results include:
- All four reported drill holes intersected consistent, high-grade rare earth mineralization, with total rare earth oxide (TREO) grades ranging from 0.40% to 0.42%
- A high proportion of heavy rare earth oxides (HREO)—approximately 26% of TREO—underscores the deposit’s potential strategic importance
- Zirconium oxide (ZrO₂) grades were consistently strong across all holes, ranging from 1.57% to 1.58%
- Gallium oxide (Ga₂O₃) assays returned values between 93 and 99 ppm, offering potential for additional economic upside
- All holes were drilled vertically (-90°) through sub-horizontal, stratiform kakortokite layers, intersecting mineralization at or near true thickness
- Mineralization remains open at depth in all reported holes, indicating further exploration potential
- Drilling confirms continuity of grade and mineralogy across multiple sections of the Fjord Deposit, aligning with historical data
- All drill holes were collared within the Fjord Deposit, which hosts a Maiden Mineral Resource of 23.6 Mt @ 0.42% TREO
These results form part of the ongoing 2024–2025 Fjord Resource Upgrade program, with over 1,900 metres drilled to date in 2025 and additional assay results pending.
Tony Sage, Executive Chairman of Critical Metals Corp commented, “These additional 2024 diamond drill hole results indicate the consistent grades of rare earth and gallium, with a high proportion of critical heavy rare earths. Our rare earth grades and gallium concentration, position Tanbreez as a strategically important asset for Western supply chains. With China’s control over the rare earth market and gallium, securing sources of these critical minerals has become paramount for U.S. defense capabilities and national security. The progress we’ve made, with 1,316 meters of diamond core drilling completed in 2024, and over 1,850 meters of drilling as part of our 2025 Fjord Resource Upgrade resource extension program, significantly strengthens our ability to build on our substantial resource base. With further assays pending and more drilling underway, we see strong potential to grow the scale and nature of the project’s mineral inventory.”
To read more about this, please visit https://www.criticalmetalscorp.com/
For more articles like this, please visit https://www.theassay.com/
To meet with Critical Metals Corp. at 121 Mining Investment London and Dubai this coming November, register here: https://121mininginvestment.com/
