Exploration at MTM’s REE-Nb project keeps kicking on with drilling to begin imminently
Mining
Mining
A drone magnetic survey recently completed at MTM Critical Metals’ Pomme rare earths-niobium project in Canada, providing exceptionally high-quality data ahead of diamond drilling.
MTM Critical Metals (ASX:MTM) says the drone magnetic survey, which wrapped up at the end of April, was commissioned by geophysical contractor Vision 4K and designed to cover the extent of the Pomme carbonatite.
These results will allow the company to model both the geological and REE mineralisation responses and may also provide an exploration vector as the magnetics can be correlated with the underlying geology.
A program of 10 diamond drill holes is set to kick off at the end of May as a first-pass test of the Pomme carbonatite complex.
Drilling will evaluate the overall geology of the carbonatite intrusion and define the grade and continuity of the REE-Nb mineralisation that it contains.
Approval has been received from the Québec Ministère des Ressources naturelles et des Forêts and discussions are underway with the local Cree First Nation of Waswanipi regarding the timing of drill rig mobilisation.
Assembly of a field camp and associated equipment has commenced, and preparation of the drilling access tracks and sites is expected to be completed in coming weeks.
This article was developed in collaboration with MTM Critical Metals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.