How Rapid Critical Metals Plans to Unlock NSW’s Silver Potential
Rapid Critical Metals has launched a comprehensive scoping study for its NSW silver projects, backed by promising drilling results and advanced ore-sorting technology.
- Appointment of METS Engineering Group for scoping study and metallurgical testwork
- Encouraging preliminary TOMRA ore-sorting results leading to 700kg bulk sample program
- Pending assay results from recent drilling at Webbs Silver Project
- Planning for a 15,000-metre drilling campaign in Q2 2026, subject to approvals
- Scoping study to include process design, cost estimates, and project sensitivity analysis
Rapid Critical Metals Advances NSW Silver Projects
Rapid Critical Metals Limited (ASX – RCM, RCMO) has taken a significant step forward in developing its New South Wales silver assets by appointing METS Engineering Group to conduct a detailed scoping study. This study will cover the company’s wholly owned Conrads, Webbs, and Webbs Consol projects, aiming to establish the technical and economic viability of producing high-grade silver from these sites.
The scope of the study is comprehensive, encompassing metallurgical testwork, process design, capital and operating cost estimates, and sensitivity analyses. METS, a Perth-based consultancy with over 30 years of global mining expertise, brings a strong technical foundation to the project, ensuring that the study meets rigorous industry standards.
Promising Metallurgical and Drilling Developments
Rapid’s metallurgical efforts have already yielded encouraging results. Early testing of TOMRA ore-sorting technology, which separates valuable ore from waste rock at a particle level, has demonstrated potential to significantly upgrade ore quality and reduce processing costs. The company is now advancing to a 700-kilogram bulk sample program to validate these findings at scale, a move that could materially improve project economics.
On the exploration front, recent drilling at the Webbs Silver Project has revealed high-grade silver intersections within a multi-lode system, including standout results such as 2.24 metres at 1,115 grams per tonne silver equivalent. The discovery of a new western lode approximately 120 metres from the main lode adds further confidence in the project's scale and continuity. Assay results from six remaining drill holes are expected imminently, promising a steady flow of news that could further define the resource potential.
Looking Ahead – Drilling and Development Plans
Rapid is preparing for a substantial 15,000-metre drilling campaign across all three NSW projects, targeted for the second quarter of 2026, pending regulatory approvals and logistical arrangements. This aggressive exploration program underscores the company’s commitment to accelerating resource definition and value creation.
Managing Director Byron Miles emphasised the company’s strong technical momentum and strategic clarity, highlighting multiple upcoming catalysts that could drive shareholder value. The combination of advanced metallurgical testing, promising drilling results, and a robust scoping study positions Rapid Critical Metals well to unlock the potential of its NSW silver portfolio.
Bottom Line?
With key assay results and a major drilling program on the horizon, Rapid Critical Metals is poised for a pivotal phase in its NSW silver project development.
Questions in the middle?
- What will the final assay results from the remaining drill holes reveal about resource size and grade?
- How will the 700kg bulk sample ore-sorting program impact processing costs and project economics?
- When will regulatory approvals be secured to commence the planned 15,000-metre drilling campaign?
