en.Wedoany.com Reported - Critical Metals (CRML) has initiated a 10,000-meter diamond drilling program at its wholly owned Tanbreez rare earth project in southern Greenland to support resource growth, geological modeling, mine planning, and future development of the project.
Over the past few weeks, the construction site has completed the necessary living and operational support infrastructure to sustain the current drilling activities and the ongoing development of the Tanbreez project. Contractors and support personnel have arrived on site, and following equipment inspections and readiness assessments, the drill rig has been deployed to the target area.
The field team will verify ground conditions over the next two to three weeks and mark blasting points for planned access roads and development work. This phase aims to finalize drill hole locations, improve site access, and ensure the safe execution of drilling operations. Other ongoing activities include geological mapping, surface verification, final selection of drill platforms and access routes, borehole surveying, and environmental, health, and safety monitoring.
Initial drilling targets key mineralized zones identified during early exploration and technical reviews. The results of these activities are expected to support resource expansion, mine planning, and infrastructure decisions.
Critical Metals (CRML) describes Tanbreez as one of the world's largest undeveloped rare earth projects, rich in heavy rare earth elements used in permanent magnets, electric vehicles, defense systems, and advanced manufacturing. Data generated from the 2026 drilling campaign is intended to support future resource updates, feasibility studies, and other development efforts, while enhancing the company's geological understanding of the project area.
Tony Sage, Chairman of Critical Metals (CRML), stated that the launch of the 10,000-meter drilling program marks another significant step forward for the world-class Tanbreez rare earth project. Following successful mobilization, drilling is now underway in priority target areas. The information generated from this program is expected to support resource expansion, geological modeling, mine planning, and other activities aimed at bringing Tanbreez into production.
In April of this year, the company signed a letter of intent to acquire all outstanding shares of European Lithium in a transaction valued at approximately $835 million (A$1.19 billion).
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