Announcement Date: 2023-05-30
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Vital Metals Ltd.
Project name: Nechalacho
Location: Canada
Commodities: Rare Earth
Highlight: Drilling results incl. 38.25m at 1.7% RE from 21.35m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vital Metals Limited (ASX: VML l OTCQB: VTMXF) (“Vital”, “Vital Metals” or “the Company”) is pleased to announce positive initial results for the first 17 drill holes from its 2023 resource definition drilling program completed at the Tardiff deposit at its Nechalacho Rare Earth Project in NWT, Canada. The Tardiiff Deposit boasts an impressive light rare earth oxides (LREO) resource of 119 million tonnes at 1.4% TREO1 in the measured, indicated and inferred JORC 2012 categories and the 2023 drilling program is a major step towards future economic studies in the development of this world class light rare earth deposit.
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