Namibia Critical Metals Inc.

Namibia Critical Metals Inc. today announced it intends to complete a non-brokered private placement in the amount of up to $500,000 consisting of units offered at a price of $0.20 per unit representing an 11% discount to the closing price of the common shares of the Company on February 22, 2022. Each unit will consist of one common share and one warrant. Each whole warrant will be exercisable for one common share at a [...]

First Gold Drill Targets Identified by Ground Geophysics over Gold and Arsenic Soil Anomalies at Erongo Project Namibia Critical Metals Inc. is pleased to provide an update on exploration activities on its 95% owned Erongo and Grootfontein Projects. The company has completed a multiple tool geophysical survey over the Kanona Target on the Erongo Project for drill target generation over previously defined coinciding gold [...]

Namibia Critical Metals Inc. 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 [...]

Namibia Critical Metals Inc. today announced that it has joined the Rare Earth Industry Association based in Brussels. The Rare Earth Industry Association is an international non-profit organization representing the global REE industry. Founded in June 2019, under the auspices of EIT Raw Materials Internationalization project GloREIA. The network continues to grow today. REIA has active members worldwide representing all [...]

Namibia Critical Metals Inc. today announced that, it has received proceeds of Cdn. $525,000 as a result of the exercise of approximately 2.9 million previously issued common share purchase warrants. The Company intends to use the proceeds of the warrant exercises for general working capital purposes. The warrants were issued in connection with the Company's non-brokered private placement offering of units completed in [...]

Namibia Critical Metals Inc. is pleased to provide an update on the development of the Lofdal Heavy Rare Earth project since granting of the Mining Licence in July this year. 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 heavy rare earth elements used [...]

Namibia Critical Metals Inc. is pleased to provide an update on the development of the Lofdal Heavy Rare Earth project since granting of a Mining Licence in July. The Company has commenced earth works to develop a starter pit to a depth of about 15 metres at the Area 4 deposit. Mining activities are contracted to Gecko Mining Ltd. and blasting to Bulk Mining Explosives A total of 32,100 tons of mineralized material will [...]

Namibia Critical Metals Inc. is pleased to provide an update on exploration activities on its 95% owned Grootfontein and Erongo projects. The Grootfontein Project consists of two large Exclusive Prospecting Licences with a total area of 163,784 ha and covers ground prospective for orogenic gold, magmatic copper-nickel-PGE and sediment-hosted lead-zinc-silver-copper-vanadium mineralisation. As previously announced a number [...]

Namibia Critical Metals Inc. is pleased to announce that the Mining Licence has been issued for the Lofdal Heavy Rare Earth Dysprosium-Terbium Project by the Republic of Namibia Ministry of Mines and Energy. The Mining Licence is valid for a 25-year period through to May 10, 2046 and is issued to the Company's 100% owned subsidiary, Namibia Rare Earths Ltd. Lofdal is a joint venture between the Company and Japan Oil, Gas [...]

Namibia Critical Metals Inc. is pleased to announce that the updated NI 43-101 Mineral Resource Estimate on the Lofdal Heavy Rare Earth Project in northern Namibia has been filed on SEDAR. Lofdal is a joint venture between the Company and Japan Oil, Gas and Metals National Corporation . The Company also announces that it has received a renewal of the Environmental Clearance Certificate for Mining Activities in Mining [...]