RCM.ASX: Drilling Underway at Webbs-Expands District-Scale Footprint

Drilling Underway at Webbs-Expands District-Scale Footprint

Stock	RCM.ASX (RCM.ASX)
Release Time	22 May 2026, 8:22 a.m.
Price Sensitive	Yes

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Rapid Critical Metals Expands Webbs Silver District Footprint

Key Points

Drilling underway at Webbs to test southern extension and parallel lode
New exploration licence application lodged for southern trend
Four RC holes planned at Tangoa South pending approvals
Rapid controls entire western periphery of mineral-rich Mole Granite
Fully funded for resource growth and new target testing

Full Summary

Rapid Critical Metals Limited is expanding its district-scale exploration footprint in the Webbs Silver region of New South Wales. Drilling has commenced at the Webbs Silver Project to test the southern extension of the ore body and a newly discovered parallel lode. Rapid has also lodged an exploration licence application (ELA7053) to secure highly prospective ground along the same north-south structural trend. Additionally, a four-hole, 560m reverse circulation drilling program is planned at the Tangoa South Prospect, pending approvals. Rapid controls the entire western periphery of the Mole Granite, a key driver of regional intrusion-related mineralisation. The company is fully funded to deliver a catalyst-rich program of resource growth, step-out drilling, and new target testing.