Critical Metals Corp (Nasdaq: CRML) has announced the start of a 2000m resource diamond drilling program at the Tanbreez Rare Earth Project in Greenland, marking a significant step towards commercial production anticipated in 2026. This initiative is part of the company’s strategy to address the increasing demand for rare earth materials in the United States and the broader Western market. The drilling campaign aims to substantially increase the current Mineral Resource Estimate (MRE) and support the development of a Bankable Feasibility Study (BFS), crucial for the final mining decision.

Tony Sage, CEO and Executive Chairman of Critical Metals Corp, emphasized the importance of the drilling campaign in accelerating the Tanbreez project’s development. The installation of a new drilling rig is expected to facilitate a significant expansion of the resource estimate, with the first drill hole, K25-01, already showing promising results. The core samples from the initial 60m reveal medium-grained eudialyte with a composition of 30%-40%, indicating the potential for substantial rare earth element extraction.

The drilling program focuses on extending the resource to the east of the existing Fjord Deposit, targeting depths between 80m and 250m. This effort is supported by Critical Metals Corp’s experienced drilling contractor and renowned rare earth geologists, ensuring the project’s advancement towards its Q4 2025 milestones. The collected data will be instrumental in finalizing the BFS and preparing necessary reports for Greenland regulators and financial partners, including the Export-Import Bank of the United States (EXIM).

The Tanbreez Rare Earth Project is poised to become a key supplier of rare earth materials, essential for defense, clean energy transition, and next-generation technologies in the Western world. With its strategic location and access to transportation infrastructure, the project underscores Critical Metals Corp’s commitment to sustainable and reliable critical mineral supply.

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