Final assay results highlight the potential for new discoveries at Nechalacho

11 March 2026

Vital Metals Limited (ASX: VML) (“VML” or “the Company”) is pleased to report final overlimit assay results from grab samples collected at Nechalacho, confirming exceptional rare earth grades of up to 292,145ppm TREO.

Highlights:

  • F009416 (target 1029A) returned the highest TREO value recorded at Nechalacho to date (based on Company data) as follows:
    • 29.2% TREO (292,145 ppm), including:
      • 7.0% Nd?O? (70,333 ppm); and
      • 1.7% Pr?O?? (17,398 ppm).
    • NdPr oxides totalled 8.7% (87,731 ppm), representing 29.8% of TREO, highly significant as NdPr is typically the highest-value payable component within the light rare earth elements.
  • F009445 (R Zone target) returned 12.5% TREO (125,920 ppm), including 1.5% Dy?O? (15,609 ppm) and 1.0% Gd?O? (10,719 ppm), representing the highest dysprosium result at the project reported to date.
  • The excellent assays from the completed regional grab sample exploration program have identified 6 targets located outside of the current resource and demonstrates the significant potential at the Nechalacho Rare Earths and Niobium Project for more discoveries.
  • A 1000m exploration drill program is now underway at R Zone, S Zone and Cressy Ridge and is expected to be completed by mid-April 2026.

The results demonstrate significant potential to support the district scale of mineralisation across its Nechalacho Rare Earths and Niobium Project (Upper Zone, top 150m RL) located 100km southeast of Yellowknife, Northwest Territories, Canada.

View Details