Halifax, Nova Scotia - Namibia Critical Metals Inc. today announced that the first phase of drilling will commence on the Kunene Cobalt-Copper project in northern Namibia starting the first week of October. Two drill rigs are being mobilized to site with one diamond drill to commence a 2,000 m program starting on the interpreted westward extension of the Dolomite Ore Formation which hosts the Opuwo cobalt-copper-zinc [...]
Halifax, Nova Scotia - Namibia Critical Metals Inc. today announced that the SkyTEM airborne geophysical survey has been completed over the Kunene Cobalt-Copper project in northern Namibia. Preliminary data has been provided and an initial evaluation of the electromagnetic responses shows clear conductive trends associated with favourable sedimentary horizons and structures known to be associated with cobalt-copper [...]
Halifax, Nova Scotia - Namibia Critical Metals Inc. today announced that flight operations have commenced for the combined airborne electromagnetic and magnetic survey being carried out by SkyTEM Surveys ApS over the Kunene Cobalt-Copper Project in northern Namibia . The survey area has been increased from 670 km2 to 720 km2 and now comprises 4,000 line kilometers at a flight line spacing of 200 meters. The objectives of [...]
Halifax, Nova Scotia - Namibia Rare Earths Inc. announced today that the Company has changed its corporate name to Namibia Critical Metals Inc. and its shares will commence trading on the TSX Venture Exchange under the new name and ticker symbol “NMI” upon the opening of the markets today. The Company’s updated website can be accessed at www.namibiacriticalmetals.com. The Company has changed its corporate name to Namibia [...]
Halifax, Nova Scotia - Namibia Rare Earths Inc. is pleased to announce that the shareholders voted in favour of all items of business before the Annual and Special Meeting of the Shareholders held in Halifax, Nova Scotia today. Shareholders holding 80.83% of the shares of the Company eligible to vote were present in person or by proxy at the meeting. Election of Directors The nominees for directors listed in the [...]
Halifax, Nova Scotia - Namibia Rare Earths Inc. today announced that it has contracted SkyTEM Surveys ApS to carry out a detailed airborne electromagnetic and magnetic survey covering all the previously identified cobalt targets on its Kunene Cobalt-Copper Project in northern Namibia. The survey will cover over 600 km2 and comprises 3,700 line kilometers to be flown with a helicopter-borne time domain electromagnetic [...]
HALIFAX, April 19, 2018 /CNW/ - Namibia Rare Earths Inc. today announced that, as a result of investor interest, the Company is increasing the non-brokered private placement previously announced on March 28, 2018 from a maximum of Cdn$3,000,000 to a maximum of Cdn$4,000,000. The private placement consists of common shares offered at a price of Cdn$0.185 per common share . A maximum of 21,621,621 common shares of Namibia [...]
HALIFAX, March 28, 2018 /CNW/ - Namibia Rare Earths Inc. today announced it intends to complete a non-brokered private placement in the amount of up to $3,000,000 consisting of common shares offered at a price of $0.185 per common share being the closing price of the common shares of the Company on March 27, 2018. The volume weighted added trading price of the common shares over the last 10 days was $0.197. A maximum of [...]
Cobalt anomalies from detailed analyses of 3,710 archived soil samples have been received which support kilometer-scale cobalt anomalies in all target areas at Kunene Geochemical anomalies identified over Western Targets, Okanihova lineament, Steilrand lineament and along portions of interpreted DOF Extension Targets are spread out over 670 km2 and a detailed airborne electromagnetic survey is planned to assist in drill [...]
Detailed analyses of archived soil samples have confirmed kilometer-scale cobalt anomalies in the Western Targets area at Kunene Results pending over eastern DOF Extension and Okanihova Target areas Field teams following up with geological mapping and rock sampling HALIFAX, March 5, 2018 /CNW/ - Namibia Rare Earths Inc. today announced that it has received positive results from analyses of archived soil samples over the [...]
HALIFAX, Feb. 28, 2018 /CNW/ - In accordance with National Instrument 62-103, Gerald J. McConnell, Chair of Namibia Rare Earths Inc., announced today that he had disposed of 16,052,665 common shares of Namibia Rare Earths Inc. , by way of private purchase agreements, at a price of approximately CDN$0.004 per common share for total consideration of Cdn$65,844 and 5,450,000 common shares by way of gifts. Prior to these [...]
In accordance with National Instrument 62-103, Gerald J. McConnell, Chair of Namibia Rare Earths, announced today that he acquired, by way of a private placement, a total of 5,500,000 common shares of Namibia Rare Earths at a price of CDN$0.05 per Common Share for total consideration of Cdn$275,000. These acquired Common Shares represent 3.46% of the issued and outstanding common shares of the Company. Prior to this [...]
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