Namibia Critical Metals Successfully Completes Infill and Resource Expansion Drilling for the PFS Phase of its "Lofdal 2B-4" Heavy Rare Earth Project

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[{"type":"text","content":"Namibia Critical Metals Successfully Completes Infill and Resource Expansion Drilling for the PFS Phase of its “Lofdal 2B-4” Heavy Rare Earth ProjectHALIFAX, NS / ACCESSWIRE / December 6, 2023 / Namibia Critical Metals Inc. (\"Namibia Critical Metals\" or the \"Company\" or \"NCMI\") (TSXV:NMI)(OTCQB:NMREF) is pleased to announce the completion of the final phase of drilling for its Pre-Feasibility Study (PFS) on the \"Lofdal 2B-4\" heavy rare earth project.In total, infill and resource expansion drilling for the PFS phase amounts to 10,823 m in 56 boreholes drilled over the last months. The final drill phase entailed seven very deep reverse circulation (RC) boreholes for 2,597 m in the Area 4 main deposit. While five boreholes represent infill boreholes in the deeper part of the central Area 4 deposit, two of the boreholes aimed at resource expansion at the newly established mineralized zone in the western part of the Area 4 deposit (see press release of 8 September 2023).Darrin Campbell, President of Namibia Critical Metals, stated:\"The finalization of all planned drilling is another major step forward for our \"Lofdal 2B-4\" heavy rare earth project. The main aim of the drilling campaign was to significantly increase the measured and indicated resource categories to comply with the requirements of a PFS. Beyond this, field logging supports our concept of an extension of the orebody in the southwestern part of Area 4 which demonstrates the potential to unlock further mineralization in future. We expect to receive the assays in January 2024 and an updated resource statement in February 2024. Our Namibian in-country team managing the project has done a fantastic job in executing a very successful and cost-effective drill campaign.\"Figure 1: RC drill rig of Prinsloo Drilling at the final drill position in the western part of Area 4 PFS Infill and Expansion Drilling Campaign 2023Drilling was conducted at both, Area 2B and Area 4, in two phases between February and November 2023. In total, 10,823 m were drilled by reverse circulation (RC drilling) in 56 boreholes (see table 1).The last 7 boreholes, completed in November 2023, were drilled into the deeper western part of the mineralization at Area 4 (figure 1) with end-of-hole (EOH) depths between 325 and 401 m. These deep holes aimed at both, infill drilling for the...

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