Discovery of New Parallel Silver Lode at Webbs
| Stock | RCM.ASX (RCM.ASX) |
|---|---|
| Release Time | 17 Dec 2025, 9:57 a.m. |
| Price Sensitive | Yes |
Discovery of New Parallel Silver Lode at Webbs
- Strong early drilling results confirm silver-bearing sulphide mineralisation
- New parallel silver lode identified, representing a previously unrecognised mineralised structure
- Mineralisation remains open along strike and at depth, supporting potential to expand existing resource footprint
Rapid Critical Metals Limited (ASX: RCM, RCMO) is pleased to announce the discovery of a new parallel silver lode at its wholly owned Webbs Silver Project in northern New South Wales, following completion of a 2,000 metre diamond drilling program. The newly identified lode is interpreted to sit approximately 120 metres west of the existing Main Lode system and represents a previously unrecognised mineralised structure. Early drilling results confirm silver-bearing sulphide mineralisation and suggest the potential for additional parallel lodes within the broader Webbs structural corridor. The geophysical trend appears to confirm the lode's strike as NNE-SSW and parallel to the known main lodes. This discovery is considered early stage, with further drilling required to determine the scale, continuity and resource potential of the newly identified lode. Completion of the remaining assays, ongoing refinement of the geological and structural model, and planning of step-out drilling to test strike extensions and continuity of the new lode are the next steps.