Critical Metals (CRML) reports assay results from recent as well as historical diamond drilling programs in southern Greenland. Commenting on the assay results, Tony Sage, CEO and Executive Chairman of the Company, said: “These exceptional results underscore the strategic value of Tanbreez as a rare earth and gallium project with scale, grade, and a high proportion of critical heavy rare earths. With China’s ban on gallium exports to the United States, securing domestic sources of these critical minerals has become paramount for U.S. defense capabilities and national security. Our gallium results, combined with our rare earth grades, position Tanbreez as a strategically important asset for Western supply chains. The progress we’ve made, processing all 2024 drill cores, submitting 50% of samples for assay, and already completing over 1,200 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. With further assays pending and more drilling underway, we see strong potential to grow the scale and world class nature of the project’s mineral inventory.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRML:
- Critical Metals announces the creation of an Advisory Board
- Critical Metals announces 2000m resource program commenced at Tanbreez Project
- Critical Metals Corp. Appoints New Auditor Following Marcum LLP Termination
- Six new option listings on July 10th
- Critical Metals signs infill diamond drilling contract