Critical Metal Corp has announced the initial sample analysis results from 11 deep diamond drill holes at its Tanbreez rare earth project in Greenland, spanning from 2007 to 2013. In April, Critical Metal Corp released a technical report in compliance with US S-K1300 regulatory standards, confirming the resources at Tanbreez. Additionally, the company issued a preliminary economic assessment report, estimating the project's net present value (NPV) at $3.04 billion (with NPVs of $2.8 billion and $3.6 billion at discount rates of 15% and 12.5%, respectively) and an internal rate of return (IRR) of 180%. The reported sample analysis results confirmed deep, high-grade mineralization in each hole. The TREO grade of the Fjord deposit ranges from 0.33% to 0.51%, with a weighted average of 0.43%, and heavy rare earth oxides (HREO) accounting for 28%. The resource estimate for the eudialyte component in the Fjord deposit stands at 22.6 million mt of TREO, with HREO accounting for 26%.