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Armada Metals Ltd. ( (AU:RCM) ) has shared an update.
Rapid Critical Metals has confirmed high-grade gallium and germanium mineralisation at surface at its Prophet River project in British Columbia, with recent rock chip sampling returning grades consistent with historical work and reinforcing the project’s exploration potential. Complementary IP and AMT geophysical surveys have defined five drill-ready anomalies, including several untested zones at depth near historic high-grade drilling, and the company is now progressing drilling approvals, contractor engagement and detailed drill planning to begin a multi-year drilling campaign as soon as seasonal conditions permit, potentially enhancing its position in the critical metals exploration space.
More about Armada Metals Ltd.
Rapid Critical Metals Ltd is an Australian-listed exploration company focused on critical metals, with a particular emphasis on gallium and germanium. The company is advancing its Prophet River Gallium–Germanium Project in British Columbia, Canada, targeting high-value critical mineral deposits through systematic surface sampling, geophysics and follow-up drilling to supply emerging technology and strategic metals markets.
Average Trading Volume: 6,392,053
Technical Sentiment Signal: Hold
Current Market Cap: A$101M
Learn more about RCM stock on TipRanks’ Stock Analysis page.