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Rapid Critical Metals Limited (ASX:RCM)

ALERT: Price-sensitive ASX Announcement for RCM
Current share price for RCM : $0.030 -0.002 (-6.25%)+
Announcement
Release
22 Jul 2026 9:22AM
Price at Release
$0.032
Full Release
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Summary
Rapid Critical Metals Limited reported outstanding ore sorting results from their Webbs stockpile ore, processed by TOMRA Sorting Pty Ltd using X-ray transmission technology. The test work revealed significant silver recovery with grades surpassing 1000 g/t Ag and notable mass reduction from both processed and unprocessed historical ore. These results could greatly improve the economics of the Webbs project by enhancing mill feed grade and reducing operational costs. The potential processing of this material could create cash flow, as emphasized by Managing Director Byron Miles.
Key Points
  • Rapid Critical Metals Limited announced excellent ore sorting results from the Webbs stockpile ore.
  • The ore sorting was conducted by TOMRA Sorting Pty Ltd using X-ray transmission (XRT) technology.
  • High-grade silver concentrates with recoveries exceeding 1000 g/t Ag were achieved.
  • Significant mass reduction was observed, which could enhance the project's economics.
  • Two types of XRT processing were utilized: contrast-XRT and dual energy XRT (DE-XRT).
  • Both historical processed waste (WPWHS) and unprocessed ore (WSHMM) showed substantial silver recovery.
  • The results are promising for further processing of historical stockpiles to generate potential cash flow.
  • Managing Director Byron Miles highlighted the transformative potential of these results for the Webbs project.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.