Namibia Critical Metals Inc. Project Development
Lofdal Heavy Rare Earths Deposit: Resource Statement May 2021 ✓.
TSX-V:NMI
Area 4 Measured and Indicated Resources
Cut-off TREO % TREO % LREO %
HREO % Dy2O3 ppm
Compared to 2014 PEA
731% increase in total resources from
0.05
0.14
0.07
0.07
72
TONNES
63,678,527
0.10
0.17
0.08
0.09
90
42,566,210
0.15
0.24
0.09
0.15
141
17,501,771
6.18 Mt to 53.44 Mt at 0.1% TREO cut-off
0.20
0.33
0.10
0.23
216
7,626,007
0.25
0.43
0.10
0.33
305
4,049,523
Drill strategy was proven
correct:
Drill spacing of
0.30
0.51
0.10
0.40
371
2,666,531
Area 2B Indicated Resources
Cut-off TREO% TREO %
0.35
0.58
0.11
0.47
428
1,930,922
LREO %
HREO %
Dy203 ppm TONNES
0.40
0.64
0.11
0.53
484
1,458,436
0.05
0.15
0.07
0.08
84 3,302,919
0.45
0.71
0.11
0.60
548
1,117,359
0.10
0.19
0.09
0.10
25 m x 25 m resulted in
Measured Resources,
50 m x 50 m resulted in
Indicated Resources, and
100 m x 100 m in Inferred
Resources
104
2,203,006
0.50
0.78
0.09
0.69
622
864,486
0.15
0.25
0.13
0.12
125
1,243,342
0.55
0.84
0.09
0.75
682
690,664
0.20
0.30
0.16
0.14
143
760,876
0.60
0.90
0.08
0.81
735
576,789
0.25
0.35
0.20
0.15
158
466,153
0.65
0.95
0.08
0.87
785
485,156
0.30
0.39
0.23
0.16
172
289,149
0.70
0.99
0.08
0.92
825
421,248
0.35
0.43
0.26
0.18
189
176,184
0.75
1.02
0.08
0.95
853
377,438
0.40
0.47
0.28
0.19
205
109,846
0.80
1.06
0.08
0.99
891
325,181
0.45
0.51
0.31
0.21
227
59,393
0.85
1.09
0.07
1.02
915
293,545
0.50
0.57
0.34
0.23
258
23,579
0.90
1.14
0.08
1.06
957
241,390
0.55
0.60
0.34
0.26
300
14,153
0.95
1.19
0.08
1.12
1010
190,147
0.60
0.63
0.28
0.35
397
6,276
1.00
1.23
0.07
1.16
1042
162,715
Area 2B Inferred Resources
Area 4 Inferred Resources
Total Area 2B and Area 4
Cut-off TREO% TREO %
LREO
HREO
Dy203 ppm TONNES
Cut-off TREO % TREO %
LREO %
HREO % Dy203 ppm TONNES
Cut-off TREO%
Tonnes
0.05
0.14
0.07
0.07
71
4,210,894
0.05
0.15
0.08
0.07
64
7,879,971
0.10
0.19
0.10 53,439,798
0.09
0.09
92
2,578,631
0.10
0.17
0.09
0.07
72
6,091,951
0.15
0.24
0.11
0.13
123
1,370,176
0.15
0.21
0.12
0.10
94
2,966,845
0.15 23,082,134
0.20
0.31
0.14
0.17
168
672,879
0.20
0.26
0.13
0.13
123
1,352,925
0.25
0.36
0.16
0.20
196
450,412
0.25
0.31
0.10
0.21
198
590,657
0.30
0.39
0.16
0.23
226
314,315
0.30
0.36
0.09
0.27
252
221,031
0.35
0.43
0.14
0.29
274
204,770
0.35
0.42
0.09
0.33
305
94,705
0.40
0.47
0.13
0.34
324
108,779
0.40
0.45
0.08
0.37
345
50,323
0.45
0.52
0.12
0.40
376
NAMIBIA
55,550
0.45
0.49
0.08
0.41
379
18,722
CRITICAL METALS INC.
0.50
0.56
0.12
0.44
409
30,686
0.50
0.53
0.08
0.45
423
6,310View entire presentation