CRML’s Tanbreez vs. ETM and SAGA REE Projects

Critical Metals (CRML) has a market cap of $1.12 billion soon to be $1.249 billion after issuance of another 14.5 million shares for its 92.5% ownership of the Tanbreez Project in Greenland, which they claim is one of the largest REE deposits in the world, but if you look at the drill hole locations:

Most of CRML’s drill holes are focused on two deposits and very tightly spaced.

When CRML claims their resource hosts 4.7 billion tonnes they are including all of the undrilled rock in the blue box.

The actual resource area they have drilled is only about 44.87 million tonnes, which is still very large just nowhere close to Energy Transition Minerals (ASX: ETM)’s 1 billion tonnes. If President Trump solves ETM’s political/legal issues it instantly becomes a $3-$5 billion market cap company.

The Wolverine Project being acquired by Saga Metals (TSXV: SAGA) has delivered consistent intercepts across a 1.7 x 1.2 km footprint.

The 2025 drill holes at Wolverine are widely spaced but the 1.7 x 1.2 km footprint is very close to the footprint of CRML’s resource area.

If you click here to read about CRML’s Hill Deposit drill holes being reassayed they are remarkably close in interval, grade, and HREO Ratio % to the Wolverine project being acquired by SAGA!

Past performance is not an indicator of future returns. NIA is not an investment advisor. Always do your own research. NIA’s President has purchased 2,200,000 shares of ETM and can buy or sell shares at any time. NIA has received compensation from SAGA of US$100,000 cash for a twelve-month marketing contract. This message is for informational and educational purposes only.