Vital Metals Ltd (VTMXF)

[douginil]

VITAL METALS TO ACCELERATE HREO STRATEGY

Aims to be world’s first Heavy and Light REO Producer

HIGHLIGHTS

- Vital aims to be the world’s first rare earths producer with capabilities to produce commercial quantities of both heavy and light rare earths
- Vital’s three-stage development strategy includes adding heavy rare earths to its existing light rare earths operation at Nechalacho with first production ~ mid 2022
- The heavy rare earth strategy will investigate developing a zone of xenotime mineralisation, a heavy rare earth mineral, at Nechalacho’s North T pit near the base of the current mining envelope
- Vital will re-assay historical core and investigate further drilling to update North T’s resource estimate in 2022
- Vital also plans to complete a metallurgical testwork program to confirm a potential process flowsheet for the xenotime zone
- Vital will target a 10 year operation from the North T Xenotime Zone
- Vital is also completing due diligence on Kipawa and Zeus heavy rare earths projects in Quebec which would further add to its heavy rare earth production profile.


Canada’s first rare earths producer Vital Metals Limited (ASX: VML) (“Vital” or “the Company”) is pleased to announce it will focus 2022 work programs on becoming the first rare earths producer capable of producing commercial quantities of both heavy and light rare earths.


Read more at:
https://mailchi.mp/aa7a1410c980/vital-metals-december-2021-activities-report-11412537?e=080567558f