Namibia Critical Metals Inc. is pleased to provide an update on exploration activities on its 95% owned Grootfontein and Erongo projects. The Grootfontein Project consists of two large Exclusive Prospecting Licences with a total area of 163,784 ha and covers ground prospective for orogenic gold, magmatic copper-nickel-PGE and sediment-hosted lead-zinc-silver-copper-vanadium mineralisation. As previously announced a number [...]
Namibia Critical Metals Inc. is pleased to announce that the Mining Licence has been issued for the Lofdal Heavy Rare Earth Dysprosium-Terbium Project by the Republic of Namibia Ministry of Mines and Energy. The Mining Licence is valid for a 25-year period through to May 10, 2046 and is issued to the Company's 100% owned subsidiary, Namibia Rare Earths Ltd. Lofdal is a joint venture between the Company and Japan Oil, Gas [...]
Namibia Critical Metals Inc. is pleased to announce that the updated NI 43-101 Mineral Resource Estimate on the Lofdal Heavy Rare Earth Project in northern Namibia has been filed on SEDAR. Lofdal is a joint venture between the Company and Japan Oil, Gas and Metals National Corporation . The Company also announces that it has received a renewal of the Environmental Clearance Certificate for Mining Activities in Mining [...]
HALIFAX, NS / ACCESWIRE / May 20, 2021 / Namibia Critical Metals Inc. is pleased to announce an updated NI 43-101 mineral resource estimate for the Lofdal Heavy Rare Earths Project in northwestern Namibia. Highlights of the mineral resource update include: 1454% increase in total Measured and Indicated Mineral Resource tonnage from 2.88 Mt at 0.32% TREO to 44.76 million tonnes at 0.17% TREO for combined Area 4 and Area 2B [...]
Namibia Critical Metals Inc. is pleased to provide an update on exploration activities on its 95% owned Grootfontein Project. The Grootfontein Project consists of two large Exclusive Prospecting Licences with a total area of 163,784 ha and covers ground prospective for orogenic gold, magmatic copper-nickel-PGE and sediment-hosted lead-zinc-silver-copper-vanadium mineralisation. As previously announced a number of [...]
Namibia Critical Metals Inc. announced today, pursuant to the requirements of the TSX Venture Exchange, that its board of directors approved the granting of incentive stock options under its stock option plan as part of the overall remuneration and incentive program for its employees, officers and directors. A total of 1,825,000 Options were granted to newly appointed officers of the Company. As previously announced [...]
Japan Oil, Gas and Metals National Corporation 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 Namibia Critical Metals Inc. today announced that its JV Partner, Japan [...]
Namibia Critical Metals Inc. is pleased to provide an update on exploration activities on its 95% owned Grootfontein Project. The Grootfontein Project consists of two large Exclusive Prospecting Licences with a total area of 163,784 ha and covers ground prospective for orogenic gold, magmatic copper-nickel and carbonate-hosted lead-zinc-silver-copper-vanadium mineralisation. The company has launched multiple geophysical [...]
Namibia Critical Metals Inc. today announced it has closed the non-brokered private placement announced on March 5, 2021 and March 8, 2021 . A total of 2,650,000 units were issued at a price of $0.25 per unit. Each unit consists of one common share and one warrant. Each whole warrant is exercisable for one common share at a price of $0.35 until March 12, 2022. A maximum of 5,300,000 common shares of Namibia Critical [...]
Namibia Critical Metals Inc. announced that, as a result of investor interest, the Company is increasing the non-brokered private placement previously announced on March 3, 2021 from a maximum of Cdn$500,000 to a maximum of Cdn$662,500. The private placement is for units with each unit consisting of one common share and one warrant. Each whole warrant will be exercisable for one common share at a price of $0.35 for a [...]
Namibia Critical Metals Inc. today announced it intends to complete a non-brokered private placement in the amount of up to $500,000 consisting of units offered at a price of $0.25 per unit representing a 11% discount to the closing price of the common shares of the Company on March 1, 2021. Each unit will consist of one common share and one warrant. Each whole warrant will be exercisable for one common share at a price [...]
Namibia Critical Metals Inc. is pleased to provide an update with final drill results from the Area 2B satellite deposit on the Lofdal Heavy Rare Earth Project in northern Namibia . Lofdal is a joint venture between the Company and Japan Oil, Gas and Metals National Corporation which is operating under a Term 1 budget of CD$4,100,000 . Area 2B is the first satellite deposit at Lofdal which underwent resource drilling. It [...]
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