Namibia Critical Metals Inc. ("Namibia Critical Metals" or the "Company" or "NMI") (TSXV:NMI)(OTC:NMREF) is pleased to announce that it has signed a Letter of Intent with SGS Canada to begin pilot plant testing on a 5-tonne sample from the Lofdal HREE Deposit in Q3 2023.
Namibia Critical Metals Inc. ("Namibia Critical Metals" or the "Company" or "NMI") (TSXV:NMI)(OTC PINK:NMREF) is pleased to announce that it has commenced resource in-fill drilling as part of the Pre-Feasibility Study (PFS) at the significantly expanded "Lofdal 2B-4" Heavy Rare Earth Project.
Namibia Critical Metals Inc. ("Namibia Critical Metals" or the "Company" or "NMI") (TSXV:NMI)(OTC PINK:NMREF) continues to advance the Lofdal Heavy Rare Earth project in Namibia with its JOGMEC joint venture partner. The Company filed a robust updated PEA on November 14, 2022 with a pre-tax NPV of USD$632.7 million and an annual IRR of 34% pre-tax with a capital expenditure of USD$207 million.