Namibia Critical Metals Inc.: Mineral Resource Update: More than 650 Percent Increase in Measured and Indicated TREO Mineral Resources for the Lofdal Heavy Rare Earths Project
Cut-off TREO %
Cut-off TREO %
Mineral Resources, which are not Mineral Reserves, have no demonstrated economic viability. TREO = Total Rare Earth Oxides and includes Y2O3 HREO = Total Heavy Rare Earth Oxides and includes Y2O3 LREO = Total Light Rare Earth Oxides
Table 6: Area 2B Grade and Tonnages in Inferred category
Cut-off TREO %
0.5
Table 7: Area 4 Mineral Resources estimate by individual REO - Grades at a cut-off of 0.1% TREO
Class
470
Table 8: Area 4 Mineral Resources estimate by individual REO - Tonnes at a cut-off of 0.1% TREO
Namibia Critical Metals Airborne EM Schedule Confirmed and First Drill Targets Generated at Grootfontein Gold and Nickel-Copper Project
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Press Release - MINING COM
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Japan Oil, Gas and Metals National Corporation (JOGMEC) elects to move to Term 2 of Lofdal JV Agreement with option to earn 40% interest in Lofdal Project
JOGMEC approves initial provision for an additional $2,063,000 budget for further development and metallurgical work through to July 31, 2021
An updated 43-101 resource report expected in late April 2021
HALIFAX, NOVA SCOTIA / ACCESSWIRE / April 1, 2021 / Namibia Critical Metals Inc. ( Namibia Critical Metals or the Company or NMI ) (TSXV:NMI) today announced that its JV Partner, Japan Oil, Gas and Metals National Corporation( JOGMEC ) has officially elected to move to Term 2 of the JV Agreement and provide additional funding of $2,063,000 for further exploration and development programs at Lofdal through to July 31, 2021.
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