Namibia Critical Metals Boosts Rare Earth Estimates

Namibia Critical Metals Inc (TSE:NMI) has released an update.

Namibia Critical Metals Inc. has announced a substantial increase in their estimated rare earth oxide resources at the Lofdal Heavy Rare Earth Project, following their 2023 infill drilling campaign. The updated figures show a significant rise in the key components Dysprosium and Terbium oxides, with an overall 37% increase in contained rare earth tonnage. These results are set to enhance the company’s forthcoming Pre-Feasibility Study for the Lofdal 2B-4 deposit.

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