Following the acquisition of the highly prospective brownfields Pomme and Montveil South Projects in Quebec, Canada, and discovery of rare earth mineralisation at the East Laverton project in Western Australia, MTM Critical Metals (“MTM” or “the Company”) is focussing activities on the energy metals sector, particularly REEs. Although showing some weakness at the moment, we expect that the sector should pick up, driven by the ongoing developments in the decarbonising economy.
Having acquired the Quebec projects from Geomega Resources Inc (TSX-V: GMA, “Geomega”), the Company has a head start on activities at the projects, in that it has access to Geomega’s IP and personnel, with significant experience on the adjacent Montveil deposit. Geomega has worked on Montveil for over 10 years, and for which critically, significant metallurgy has been undertaken, which has resulted in the development of a patented process.
