MTM Critical Metals Limited (ASX: MTM) has unveiled highly promising assay results from its Pomme Rare Earth Elements (REE) and Niobium (Nb) Project in Québec, Canada. Among the initial findings from 13 diamond drill holes, the first three have yielded significant Total Rare Earth Oxide (TREO) assay results, peaking at 1.62% (16,200 ppm). These results affirm the presence of substantial REE and niobium mineralization across expansive intervals, alongside the identification of multiple high-grade zones boasting over 1% (10,000 ppm) TREO. For instance, Hole POM-23-03 penetrated 398 meters, revealing 0.54% TREO (5,400 ppm) and 0.05% Nb2O5 from a depth of just 16 meters. The standout interval within these findings spans 26.5 meters and contains 1.45% TREO and 0.02% Nb2O5.
Furthermore, it's noteworthy that around 20 to 25% of the TREO consists of high-value magnet REE mineralization, specifically neodymium (Nd) and praseodymium (Pr). These results underscore the project's potential for substantial rare earth element resources, particularly in the high-demand magnet metals sector.
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