Rapid Critical Metals Secures Drilling Approval for New South Wales Project; Shares Up 12%

MT Newswires Live

2025/08/06

Rapid Critical Metals (ASX:RCM) received approval for a diamond drilling program at its Webbs project in New South Wales, according to a Wednesday filing with the Australian bourse.

The 2,000-meter program is designed to enhance resource classification and grow inventory, focusing on southern strike and recently identified western lodes, the filing said.

The program is expected to start in about two weeks, according to the filing.

Shares rose 12% in afternoon trade on Wednesday.

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