Critical Metals Corp.NASDAQ: CRML

Critical Metals Corp Confirms High-Grade Rare Earth Material at Its Tanbreez Project

Dec 9, 2024 · Issued by Critical Metals Corp. via GlobeNewswire

NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Critical Metals Corp (Nasdaq: CRML) (“Critical Metals Corp” or “the Company”), a leading mining development company focused on critical metals and minerals and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners, today provided a project update for the Tanbreez Greenland Rare Earth Mine (the “Tanbreez Project”), one of the world’s largest rare earth assets located in Southern Greenland.

Critical Metals Corp has received the results for the first drill hole from its previously announced drilling program, which confirms that the Tanbreez Project contains high-grade rare earth elements. This first drill hole was strategically positioned to both confirm the existing mineralization and enhance the overall quality control process for the mineral body at the Tanbreez Project.

“The Tanbreez Project continues to demonstrate its immense upside potential, as the Critical Metals Corp team advances our pre-production plans for this foundational rare earth asset,” said Tony Sage, CEO and Executive Chairman of Critical Metals Corp. “On the heels of China’s recent decision to restrict the exports of certain rare earth materials, Critical Metals Corp is poised to support western countries with materials essential for producing clean energy applications and supporting their defense industries. Earlier this year, we discovered that the Tanbreez Project contains one of the world’s highest concentration of Gallium, and these new results continue to showcase how the asset possesses high-grade rare earth material.”

The drill hole commenced at an elevation of 19 meters above sea level and entered a unit of the Tanbreez Project at a depth of 40 meters. The 40-meter section of the drill hole averaged 1.82% ZrO2, 4,722.51 ppm TREO (of which 26.96% is the average heavy rare earth content), 130.92 ppm Ta2O5, 1,852.22 ppm Nb2O5, 393.68 ppm HfO2, and 101.67 ppm Ga2O3.

SAMPLE	Y	La	Ce	Pr	Nd	Sm	Eu	Gd	Tb	Dy	Ho	Er	Tm	Yb	Lu	TOTAL REO	HEAVY REO	HEAVY
	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	PPM	PPM	REO %
A1-24 01- 411251	1010	1215	2180	218.00	766.00	146.50	14.60	146.00	28.30	187.00	41.20	127.00	18.75	126.50	17.15	7514	2075	27.62	%
A1-24 02- 411252	618	839	1540	154.50	534.00	98.70	9.50	94.80	17.70	116.00	24.60	76.50	11.10	73.50	10.20	5076	1271	25.04	%
A1-24 03- 411253	497	584	1095	111.50	399.00	76.40	7.60	75.60	14.65	97.10	21.10	65.40	9.49	64.30	8.85	3763	1040	27.63	%
A1-24 04- 411254	627	751	1405	144.50	514.00	96.50	9.80	96.60	18.10	121.00	26.00	80.40	11.80	79.50	10.45	4803	1305	27.17	%
A1-24 05- 411255	744	920	1695	174.50	615.00	118.00	11.60	114.50	22.00	148.00	31.50	97.50	14.30	93.90	12.60	5790	1557	26.89	%
A1-24 06- 411256	544	674	1225	123.50	431.00	82.10	8.20	80.10	15.40	104.00	22.30	68.70	10.05	66.90	9.18	4170	1122	26.92	%
A1-24 07- 411257	745	882	1565	169.00	599.00	108.50	12.40	121.50	21.70	141.50	30.70	98.10	14.55	96.30	13.15	5556	1562	28.12	%
A1-24 08- 411258	800	953	1755	180.00	637.00	121.50	12.60	120.00	23.30	155.00	33.90	104.00	15.30	101.00	13.90	6048	1665	27.53	%
A1-24 09- 411259	720	840	1550	159.00	562.00	108.00	11.10	107.50	21.00	140.50	30.50	96.70	14.05	92.70	13.00	5374	1506	28.01	%
A1-24 10- 411260	1380	1525	2850	296.00	1,040.00	207.00	21.30	204.00	40.30	268.00	58.00	179.50	26.30	173.50	23.50	9981	2868	28.73	%
A1-24 11- 411261	1225	1385	2540	267.00	947.00	183.50	18.30	178.00	35.20	235.00	50.60	159.00	23.50	152.50	21.40	8931	2536	28.39	%
A1-24 12- 411262	615	712	1350	137.50	489.00	95.10	9.30	93.40	17.85	116.50	25.40	79.80	11.90	76.70	10.85	4622	1277	27.62	%
A1-24 13- 411263	288	367	716	72.10	257.00	48.00	4.50	44.30	8.38	54.20	11.50	36.30	5.37	36.60	5.23	2352	597	25.39	%
A1-24 14- 411264	568	720	1340	137.00	490.00	91.60	9.00	87.70	16.25	109.50	23.30	71.00	10.25	69.00	9.50	4515	1176	26.04	%
A1-24 15- 411265	384	446	864	89.00	325.00	62.50	5.60	55.50	10.45	66.40	15.00	46.10	6.96	44.00	6.53	2922	775	26.53	%
A1-24 16- 411266	574	660	1215	128.00	477.00	95.00	8.60	85.40	15.90	102.50	22.20	70.40	10.50	65.80	9.68	4260	1167	27.40	%
A1-24 17- 411267	609	736	1340	141.50	513.00	98.80	9.70	93.20	17.70	112.50	24.60	76.40	11.50	70.80	10.65	4651	1252	26.91	%
A1-24 18- 411268	522	595	1095	115.50	420.00	81.50	7.70	77.20	14.10	91.90	20.40	65.50	9.92	61.20	8.77	3834	1063	27.72	%
A1-24 19- 411269	424	477	912	94.90	346.00	67.80	6.20	63.00	11.75	76.40	16.70	53.60	7.95	50.30	7.33	3148	867	27.56	%
A1-24 20- 411270	1225	1375	2490	269.00	982.00	191.00	17.70	175.50	32.80	216.00	48.10	151.00	22.90	140.50	19.80	8853	2480	28.01	%
A1-24 21- 411271	775	870	1560	167.00	613.00	125.00	11.60	114.00	21.80	141.50	31.50	99.70	14.95	93.30	13.55	5597	1592	28.44	%
A1-24 22- 411272	844	937	1705	181.00	665.00	132.50	12.90	124.50	23.80	152.50	33.70	110.50	16.15	101.00	14.55	6082	1733	28.49	%
A1-24 23- 411273	553	651	1180	127.00	460.00	89.40	8.20	79.20	15.00	98.60	21.60	69.30	10.40	64.70	9.43	4136	1124	27.18	%
A1-24 24- 411274	509	607	1090	115.00	412.00	80.40	8.00	75.70	14.10	92.50	20.30	65.70	9.76	62.80	9.61	3816	1048	27.46	%
A1-24 25- 411275	789	912	1685	182.50	667.00	130.00	12.00	118.50	22.00	143.50	30.70	99.70	14.80	92.40	13.65	5911	1615	27.33	%
A1-24 26- 411276	409	486	905	95.70	350.00	66.70	6.10	61.10	11.30	72.60	16.15	51.40	7.72	48.70	7.10	3122	836	26.77	%
A1-24 27- 411277	427	514	987	103.50	377.00	72.40	6.40	64.30	11.60	75.10	16.25	52.40	7.85	49.40	7.30	3335	868	26.02	%
A1-24 28- 411278	430	636	1145	118.50	429.00	78.20	7.10	66.90	11.95	74.70	16.35	52.20	7.89	51.50	7.56	3768	877	23.29	%
A1-24 29- 411279	698	787	1430	151.50	554.00	109.00	10.20	103.00	19.30	124.00	27.30	88.40	13.05	81.70	11.80	5065	1423	28.10	%
A1-24 30- 411280	1105	1260	2310	249.00	907.00	177.50	17.00	166.00	31.10	201.00	44.70	142.00	21.30	130.00	18.85	8159	2268	27.80	%
A1-24 31- 411281	559	670	1210	127.50	463.00	90.20	8.30	83.20	15.55	99.40	21.90	70.80	10.60	65.60	9.50	4217	1141	27.07	%
A1-24 32- 411282	386	494	929	95.70	345.00	64.90	6.00	59.10	11.00	70.50	15.00	47.80	7.27	46.50	6.97	3110	793	25.49	%
A1-24 33- 411283	425	513	978	102.00	379.00	74.20	6.70	65.80	12.00	76.00	16.55	52.80	7.88	50.50	7.35	3329	871	26.16	%
A1-24 34- 411284	555	637	1150	122.00	450.00	87.80	8.00	81.20	15.20	97.80	21.30	69.10	10.30	64.70	9.46	4066	1128	27.73	%
A1-24 35- 411285	681	774	1430	151.50	562.00	108.50	10.20	100.50	18.65	117.00	26.10	81.60	12.55	78.30	11.10	5011	1376	27.46	%
A1-24 36- 411286	555	639	1155	121.50	449.00	86.50	8.30	81.80	14.85	96.90	21.80	68.80	10.25	64.60	9.37	4071	1127	27.68	%
A1-24 37- 411287	382	419	803	83.90	309.00	60.90	5.70	57.20	10.75	70.20	15.20	48.80	7.26	47.10	6.69	2800	787	28.09	%
A1-24 38- 411288	212	249	484	50.50	183.00	35.80	3.20	30.60	5.64	36.50	7.95	25.50	3.88	24.50	3.64	1632	428	26.20	%
A1-24 39- 411289	392	439	839	87.70	322.00	62.40	5.90	58.70	11.15	71.50	15.65	48.80	7.49	46.90	6.78	2907	804	27.65	%
A1-24 40- 411290	1005	1095	2010	217.00	805.00	155.50	15.30	148.00	27.50	179.00	39.60	125.50	18.65	116.00	16.80	7190	2045	28.45	%
A1-24-41 411291	11	25	45	4.60	17.50	2.20	0.70	2.50	0.34	2.10	0.48	1.30	0.17	1.20	0.21	137	23	17.11	%

	ME-MS81h	ME-MS81h	ME-MS81h	ME-MS81h	ME-MS81h	ME-MS81h	ME-ICP06h	ME-ICP06h
SAMPLE	Ga2O3	HfO2	Nb2O5	Rb	Ta2O5	ZrO2	Al2O3	Fe2O3
DESCRIPTION	ppm	ppm	ppm	ppm	ppm	%	%	%
A1-24 01- 411251	108.88	653.332	2,889.61	218	228.96	3.07	13.25	12.85
A1-24 02- 411252	114.26	369.121	1,802.43	343	117.84	1.70	14.75	11.8
A1-24 03- 411253	92.75	331.383	1,417.63	420	100.74	1.51	13.7	12.55
A1-24 04- 411254	100.82	404.500	1,795.28	314	124.55	1.84	13.05	14.3
A1-24 05- 411255	114.26	481.154	2,124.29	438	150.20	2.19	15.9	10.7
A1-24 06- 411256	133.08	347.894	1,609.31	449	112.34	1.60	17.7	11.5
A1-24 07- 411257	107.54	504.740	2,217.28	347	159.96	2.26	14.3	12.4
A1-24 08- 411258	100.82	528.326	2,281.65	478	171.56	2.39	14.65	10.65
A1-24 09- 411259	90.06	487.051	2,067.07	394	153.25	2.20	12.9	13.3
A1-24 10- 411260	76.62	916.316	3,705.00	313	308.94	4.20	11.25	11.65
A1-24 11- 411261	91.41	811.358	3,290.15	345	264.98	3.73	13.15	11.3
A1-24 12- 411262	103.50	418.652	1,773.82	410	128.22	1.88	13.75	12.6
A1-24 13- 411263	102.16	187.509	868.31	402	52.39	0.90	13.5	14.6
A1-24 14- 411264	112.91	347.894	1,609.31	415	102.82	1.61	15.4	11.15
A1-24 15- 411265	107.54	216.991	1,135.82	384	70.34	1.05	14.7	12.15
A1-24 16- 411266	108.88	334.921	1,687.99	395	111.00	1.59	15.65	10.8
A1-24 17- 411267	115.60	365.583	1,823.89	464	120.77	1.69	16.3	10.2
A1-24 18- 411268	111.57	316.052	1,552.09	479	105.87	1.51	15.55	10.4
A1-24 19- 411269	108.88	260.625	1,291.74	346	85.48	1.20	15	12.8
A1-24 20- 411270	100.82	725.270	3,519.03	352	267.42	3.38	12.9	10.35
A1-24 21- 411271	96.78	492.947	2,317.41	376	171.56	2.22	14.15	11.2
A1-24 22- 411272	107.54	523.609	2,467.61	403	175.23	2.42	14.65	10.9
A1-24 23- 411273	120.98	333.742	1,666.53	452	118.94	1.54	15.95	9.99
A1-24 24- 411274	98.13	324.308	1,602.16	364	107.09	1.50	11.9	16.35
A1-24 25- 411275	94.09	472.899	2,324.56	311	155.69	2.23	11	16.2
A1-24 26- 411276	106.19	245.294	1,245.97	398	78.76	1.15	14.1	13.8
A1-24 27- 411277	108.88	253.550	1,328.93	382	83.28	1.19	14	14.2
A1-24 28- 411278	111.57	245.294	1,623.62	444	84.99	1.18	11.3	16.4
A1-24 29- 411279	108.88	421.010	2,102.84	389	149.58	1.95	14.15	11.35
A1-24 30- 411280	92.75	688.711	3,261.54	293	260.09	3.12	12.45	13.3
A1-24 31- 411281	112.91	336.101	1,702.30	409	109.53	1.59	13.8	13.05
A1-24 32- 411282	108.88	233.501	1,254.55	395	71.92	1.10	13.35	14.6
A1-24 33- 411283	107.54	254.729	1,320.35	404	79.49	1.20	14.35	13.55
A1-24 34- 411284	102.16	334.921	1,616.47	393	108.68	1.59	14.3	12.25
A1-24 35- 411285	98.13	390.348	1,981.24	348	125.77	1.85	14	11.95
A1-24 36- 411286	102.16	337.280	1,659.38	341	113.68	1.55	13.8	12.4
A1-24 37- 411287	88.72	247.653	1,177.30	434	87.19	1.12	13.5	11.3
A1-24 38- 411288	92.75	133.261	673.77	518	44.45	0.65	14.95	9.5
A1-24 39- 411289	94.09	255.908	1,254.55	481	89.02	1.16	13.9	9
A1-24 40- 411290	82.00	601.443	2,875.31	287	213.08	2.73	12.4	9.08
A1-24-41 411291	30.92	5.897	22.89	71	1.95	0.03	15.4	2.61

	ME-ICP06h	ME-ICP06h	ME-ICP06h	ME-ICP06h
SAMPLE	SiO2	CaO	Na2O	K2O
DESCRIPTION	%	%	%	%
A1-24 01- 411251	46.2	3.48	13.65	1.45
A1-24 02- 411252	47.3	3.73	11.75	2.74
A1-24 03- 411253	51.5	3.48	9.37	4.04
A1-24 04- 411254	47.9	3.69	11.15	2.75
A1-24 05- 411255	50.5	2.64	11.65	3.54
A1-24 06- 411256	48.6	2.02	12.2	3.38
A1-24 07- 411257	47.7	3.3	11.75	2.73
A1-24 08- 411258	51.6	3.42	10.65	4.05
A1-24 09- 411259	51.6	3.17	10.2	3.6
A1-24 10- 411260	49.4	5.23	11.5	2.72
A1-24 11- 411261	48.6	4.64	12.05	2.79
A1-24 12- 411262	50.8	3.24	10.6	3.78
A1-24 13- 411263	51.3	2.57	9.74	3.86
A1-24 14- 411264	48.7	3.79	10.9	3.51
A1-24 15- 411265	49	4.14	10.15	3.69
A1-24 16- 411266	48.5	4.64	10.95	3.51
A1-24 17- 411267	51.3	2.76	10.65	4.2
A1-24 18- 411268	52.3	2.57	9.73	4.51
A1-24 19- 411269	48.3	4.15	10.8	3.25
A1-24 20- 411270	49	5.6	11.65	2.67
A1-24 21- 411271	49	4.92	10.75	3.34
A1-24 22- 411272	51.6	3.07	10.95	3.69
A1-24 23- 411273	51.3	2.97	10.1	4.11
A1-24 24- 411274	51.2	2.81	9.25	3.59
A1-24 25- 411275	50	3.48	9.97	3.02
A1-24 26- 411276	51.5	2.87	9.82	3.97
A1-24 27- 411277	50.2	3.07	10.15	3.61
A1-24 28- 411278	51.8	2.64	9.47	3.58
A1-24 29- 411279	49.6	4.57	10.5	3.43
A1-24 30- 411280	47.9	4.85	11.65	2.44
A1-24 31- 411281	51.7	2.99	9.97	3.83
A1-24 32- 411282	52	2.75	9.4	3.83
A1-24 33- 411283	50.9	3.16	9.76	3.94
A1-24 34- 411284	50.9	3.61	9.84	3.92
A1-24 35- 411285	48.6	5.93	10.15	3.29
A1-24 36- 411286	48.7	5.32	9.45	3.44
A1-24 37- 411287	55.7	3.24	7.72	5.16
A1-24 38- 411288	58.7	1.49	7.19	6.1
A1-24 39- 411289	57.9	2.05	7.29	5.79
A1-24 40- 411290	46	10	10.3	2.85
A1-24-41 411291	69.3	2.87	4.75	2.25

PUL-QC

CRU-QC

ME-MS81h

ME-ICP06h

TOT-ICP06h

OA-GRA05

ME-4ACD81

SAMPLE

Pass75um

Pass2mm

MgO

Cr2O3

TiO2

MnO

P2O5

SrO

BaO

Total

LOI

LiO2

DESCRIPTION

ppm

A1-24 01- 411251

90.4

120

0.14