Rapid Critical Metals Limited (‘Rapid’ or ‘Company’) is pleased to announce that is increasing its land holding adjacent to the high-grade Webbs Silver Project 1 ,2 (Webbs Project or Project) with Exploration Licence Application 6911, an exciting land package to complement its new silver acquisitions.
HIGHLIGHTS
- Increase in Rapid’s land holdings by 26 x adjacent to the high grade Webbs Project, when granted;
- Secures the silver corridor between Rapid and ASX-listed Lode Resources;
- Maximising Rapid’s opportunity to find blind parallel lodes to increase the Webbs resource;2,3
- ELA 6911 covers over 20km of the highly prospective4 Mole River Granite and its immediate periphery; and
- Micro Gravity commencing in mid-June 2025 on the southern end of the Webbs’ deposit to define the ore body signature to help interpret further blind parallel structures and identify further targets for new discoveries.
Commenting on the acquisition of this large new land holding, Rapid Critical Metals’ Managing Director, Martin Holland, said:
“It’s exciting to see the new proposed managing director, Byron Miles, adding value to Rapid even before the transaction has completed. This new land holding fits perfectly with our priorities of expanding the JORC resources of Webbs and finding new discoveries in the district”.
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