Rapid Critical Metals drilling approved

Rapid Critical Metals (ASX: RCM) has been granted for a diamond drilling program at the company’s flagship Webbs silver project in northern NSW.

The project was recently acquired as part of Rapid’s strategic consolidation of silver assets in the prolific New England Fold Belt.

The initial drill campaign will comprise diamond holes for approximately 2000m, designed to upgrade the existing resource to 2025 JORC compliance, improve geological confidence in current resource categories, test highly prospective southern extensions and investigate a potential parallel lode to the west.

These targets were refined following the completion of a microgravity survey in June 2025, which identified multiple gravity highs west of the main mineralised trend.

This work, combined with recent lidar imaging and structural interpretation, confirms and expands the modelled, extensive fault-hosted system with significant prospective potential both along the structures strike and for multiple, parallel targets.

Lidar imaging and field mapping confirm that the surface expression of reefs, coincident with mineralisation at the deposit, repeat to the north and south along the strike of the mineralised structure.

Rapid managing director Byron Miles comments on the approval for the diamond drilling program and upside exploration potential at Webbs South.

“With drilling now approved and high-priority targets in hand, we’re moving quickly to unlock the upside potential of the Webbs silver project,” he said.

“Our immediate focus is on upgrading and expanding the resource, but we’re equally excited by the potential for new discoveries in this underexplored silver corridor.

“This is an important step in building a robust silver inventory and delivering near-term exploration catalysts for shareholders.”

Historical workings clearly map onto the trend of the identified reef and can be seen, on the structural trend extending both north and south of the deposit.

Interpretation of the Complete Bouguer Anomaly (CBA) gravity data indicate at least two distinct density domains separated by the north–south trending structure coincident with mineralisation, further validating the potential for along-strike and parallel-lode expansion, particularly on the western, poorly tested part of the mineralised structure.