Namibia CM Update
Namibia Critical Metals Inc. Completes Bulk Sampling from Starter Pit at Lofdal HREE Dysprosium-Terbium Project
HALIFAX, NS / ACCESSWIRE / November 29, 2021 / Namibia Critical Metals Inc. ("Namibia Critical Metals" or the "Company" or "NMI") (TSXV:NMI) (OTCQ:NMREF) is pleased to provide an update on the development of the Lofdal Heavy Rare Earth Dysprosium-Terbium Project.
The Company has completed the work on a starter pit for bulk sampling at Lofdal initially reported on September 20, 2021. A blast was conducted at the Area 4 deposit on October 6th and mining of the earmarked mineralized blocks completed on October 30th. A total of 34,500 tonnes was mined from the mineralized zone to 15 metres depth of which 500 tonnes from a depth between 12 and 15 metres was systematically blended and stockpiled to provide a representative homogenized sample of the Area 4 deposit. From this material 300 tonnes were selected for crushing and screening by Gecko Namibia.
The first two bulk samples of 2.7 tonnes and 1.5 tonnes were shipped to Rados Johannesburg and Tomra Hamburg for XRF and XRT sorting test work, respectively. Final results from the sorting test work are expected by early January 2022.
The Lofdal heavy rare earth deposit is one of only two primary xenotime projects under development in the world. The deposit has the potential for significant production of dysprosium and terbium, the two most valuable rare earth elements used in high powered magnets and other high-tech applications.
The Lofdal Project is being developed in joint venture with Japan Oil, Gas and Metals National Corporation ("JOGMEC") targeting a long term, sustainable supply of heavy rare earths to Japan.
Rainer Ellmies, Vice-President of Namibia Critical Metals stated "For the first time, we have the opportunity to produce very large bulk samples from mineralized blocks below the zone of intense weathering for pilot-scale test work. Being not limited to small amounts of drill core or material from surface trenches, these bulk samples allow us to conduct several pilot-scale sorting tests as well as geotechnical test work which aim at further optimization of the final processing flow sheet."
GLTA - https://twitter.com/EarthsRare