MTM Critical Metals Reports Strong First Assay Results from Pomme Drilling

THE DRILL SERGEANT: MTM Critical Metals (ASX: MTM) reported high-grade total rare earth oxide (TREO) assay results from diamond drilling at the company’s Pomme REE-niobium project in Québec, Canada.

MTM Critical Metals said the first three of 13 diamond drill holes drilled have returned TREO assay results up to 1.62 per cent (16,200ppm) at the Pomme project.

Rare earth element (REE) and niobium (Nb) mineralisation has been confirmed over broad intervals, and importantly numerous higher-grade zones of greater than 1% (10,000ppm) TREO were also intersected.

Results include:

POM-23-03
398 metres at 0.54 per cent TREO (5,400ppm) and 0.05 per cent Nb2O5 from 16m.

This included a best interval of 26.5m at 1.45 per cent TREO and 0.02 per cent Nb2O5.

“Assay results from the recent drilling show the Pomme carbonatite complex contains abundant rare earth and niobium mineralisation that extends throughout the full length of the diamond drill cores and verify the historical REE-Nb mineralisation intersected in drill hole MVX-12-01,” MTM Critical Metals managing director Lachlan Reynolds said in the company’s ASX announcement.

“Furthermore, there are a number of significant higher-grade zones within the mineralised carbonatite indicating significant potential for an economic resource of some scale.

“The consistent high percentage of NdPr and the presence of niobium are particularly pleasing and increase the mineralisation basket price for the prospect.

“Our exploration team will be looking to undertake a thorough assessment and interpretation of the geological logging and the assay results in order to define high priority areas for follow-up exploration works, including drilling.”

 

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