MTM Advances Quebec REE Strategy Through Pomme Project Partnership
Metallium Limited (ASX: MTM) has entered into a binding option and staged earn-in agreement enabling the acquisition of up to 90% of the Pomme Rare Earth Element–Niobium project in Québec, a carbonatite-hosted system with established TREO mineralisation.
The transaction strengthens MTM’s strategic positioning by adding a Canadian rare earth asset within a stable western jurisdiction. MTM will act as processing and technology partner, supporting metallurgical optimisation and downstream development initiatives. Drilling completed to date has been widely spaced, leaving substantial sections of the project area untested. Historical drilling confirms broad mineralised intervals, including 398m @ 0.54% TREO and 513m @ 0.33% TREO, with multiple higher-grade zones within both holes.
The project benefits from road access, hydro-electric power and established regional mining infrastructure. Upfront consideration totals AU$100,000 in cash and AU$200,000 in shares, with further milestone-based payments to secure a majority interest. Government support and engagement with the local Cree First Nations of Waswanipi are already in place.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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MTM Advances Quebec REE Strategy Through Pomme Project Partnership
Metallium Limited (ASX: MTM) has entered into a binding option and staged earn-in agreement enabling the acquisition of up to 90% of the Pomme Rare Earth Element–Niobium project in Québec, a carbonatite-hosted system with established TREO mineralisation.
The transaction strengthens MTM’s strategic positioning by adding a Canadian rare earth asset within a stable western jurisdiction. MTM will act as processing and technology partner, supporting metallurgical optimisation and downstream development initiatives. Drilling completed to date has been widely spaced, leaving substantial sections of the project area untested. Historical drilling confirms broad mineralised intervals, including 398m @ 0.54% TREO and 513m @ 0.33% TREO, with multiple higher-grade zones within both holes.
The project benefits from road access, hydro-electric power and established regional mining infrastructure. Upfront consideration totals AU$100,000 in cash and AU$200,000 in shares, with further milestone-based payments to secure a majority interest. Government support and engagement with the local Cree First Nations of Waswanipi are already in place.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au