Nechalacho Project, Canada

Nechalacho Project, Canada

Project Description

Vital Metals commenced rare earths mining at Nechalacho in Canada’s Northwest Territories (NWT) in 2021.

In addition to the North T deposit, we now plan to develop the Tardiff deposit at Nechalacho to build a larger scale, longer life rare earths project. Tardiff has a Measured & Indicated Mineral Resource of 213 million tonnes at 1.17% TREO, containing 2.48 million tonnes of TREO, as announced April 2024.

Tardiff is estimated to include more than 623,000 tonnes of neodymium oxide +praseodymium oxide (NdPr).

Tardiff is one of the highest grade rare earth deposits in the world and the only rare earth project capable of beneficiation solely by ore sorting.

Nechalacho includes a 40-person camp and airstrip, with more than $120 million spent on drilling, permitting and development by previous owners.