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Armada Metals Ltd. ( (AU:RCM) ) just unveiled an announcement.
Rapid Critical Metals has reported additional bonanza-grade silver intercepts from the final six diamond drill holes at its 100%-owned Webbs Silver Project in northern New South Wales, confirming strong continuity of high-grade mineralisation. Standout results, including intervals grading over 4,000 g/t silver equivalent, demonstrate both narrow ultra-high-grade zones and broader mineralised envelopes, and support the interpretation of stacked or sub‑parallel lodes beyond the known Main Lode system. With mineralisation remaining open along strike and at depth, the results reinforce Webbs as a high-potential asset within Rapid’s NSW silver portfolio and underpin an expanded 2026 exploration program, including follow-up drilling, resource growth work across the Webbs–Webbs Consol corridor and updated geological and resource models, supported by the company’s solid funding position.
More about Armada Metals Ltd.
Rapid Critical Metals Limited is an ASX-listed exploration company focused on discovering and developing high‑grade silver and critical mineral assets. Following a strategic pivot in 2025, it has built a portfolio centred on the Webbs and Conrads silver projects in New South Wales and the Prophet River gallium–germanium project in British Columbia, targeting geologically rich, infrastructure-ready regions with strong near-term exploration potential. Headquartered in Sydney and fully funded, Rapid is pursuing aggressive exploration, including resource upgrades and step-out drilling, to drive growth and shareholder value.
Average Trading Volume: 6,997,292
Technical Sentiment Signal: Sell
Current Market Cap: A$87.92M
For a thorough assessment of RCM stock, go to TipRanks’ Stock Analysis page.