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MTM Critical Metals Limited (ASX:MTM) (MTM or the Company) has recently completed a detailed drone magnetic survey at the Pomme REE-Nb project in Québec, Canada (Pomme or the Project). The survey has provided exceptionally high-quality magnetic data, which was achieved by flying tight line spacings (25 metres) at tree-top altitude (~22 metres above ground).
Highlights:
- High-resolution drone magnetic survey flown over Pomme carbonatite target area
- Detailed data now available for modelling of carbonatite intrusion and mineralisation
- Diamond drilling program set to commence in late May 2023
Figure 1: Drone magnetic survey operations at the Pomme REE-Nb project in early April 2023 (courtesy Vision 4K).
POMME REE-Nb PROJECT
The Project is a known carbonatite intrusion with exceptional results from limited historical drilling, showing enrichment in rare earth elements (REE) and niobium (Nb) and is considered to be an extremely prospective exploration target. Pomme is located adjacent to the world- class Montviel REE-Nb deposit (owned by Geomega Resources Inc), that has a defined total indicated and inferred resource of 266 Mt @ 1.45% TREO & 0.14% Nb2O5.
MTM has entered into a binding option agreement with Geomega Resources to acquire a 100% interest in the Pomme claims and is now advancing exploration at Pomme to discover a REE-Nb resource (see MTM ASX announcement dated 23 February 2023).
Figure 2: Overview of the Pomme REE-Nb project area taken during April 2023. Note the extensive logging operations and existing access in the area that will facilitate access for further work in the Project area.
MAGNETIC SURVEY
The high-resolution drone magnetic survey of the interpreted Pomme carbonatite was commissioned from geophysical contractor Vision 4K. The survey was completed in late March 2023 and comprised approximately 220 line kilometres, flown on 25 metre line spacing at a sensor height of approximately 22 metres (tree-top height).
The full survey report and finalised magnetic data has now been received by the Company from Vision 4K. Initial images (see Figure 3) indicate that the survey has provided detailed and high-quality information which improves on the available airborne magnetic survey data.
The drone survey was designed to cover the extent of the carbonatite and will allow the Company to model both the geological and the REE mineralisation magnetic responses.
Click here for the full ASX Release
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