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Rapid Critical Metals Limited (ASX:RCM)

ALERT: Price-sensitive ASX Announcement for RCM
Current share price for RCM : $0.028 -0.003 (-9.68%)+
Announcement
Release
26 Aug 2026 9:26AM
Price at Release
$0.031
Full Release
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Summary
Rapid Critical Metals Limited (ASX: RCM, RCMO) announced significant findings from its ongoing drilling program at the Webbs Silver Project in New South Wales, revealing exceptional silver assay results. The mineralisation has been extended over 300 meters south from the existing resource, with standout intercepts including WSRC0019 boasting 4 meters at 1,230 g/t AgEQ. These results confirm both grade and width over multiple drill sections and suggest that the mineralised system remains open in all tested directions, indicating further potential for resource expansion. The company plans to expand its exploration activities, with a third drilling rig scheduled to join the program to continue exploring the Webbs–Webbs Consol corridor.
Key Points
  • Rapid Critical Metals Limited announced exceptional silver assay results from the Webbs Silver Project.
  • The mineralised system has been extended more than 300m south of the current resource.
  • Exceptional grades were confirmed through standout intercepts, such as WSRC0019: 4m at 1,230 g/t AgEQ from 136m.
  • Mineralisation remains open along strike and at depth, indicating potential for further expansion.
  • The drilling program results support an expanded exploration initiative with additional rigs joining the program soon.
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.