Capital Metals plc (“CMET”) has provided an update on drilling in the northern EL168 area, part of the Initial Mining Area (“IMA”) of its Taprobane Minerals Projects in Sri Lanka. Assay results show exceptional Heavy Mineral grades with low slime levels. Key intercepts include 6.3m @ 29.2% HM from 5m in hole MUAC028, 8m @ 19.9% HM from surface in hole MUAC008, and 12m @ 5.3% HM from surface in hole MUAC015. The 2016 Mineral Resource Estimate (“MRE”) outlined 17.21Mt with a Total HM grade of 17.6 ....

16 Jul 2025
Capital Metals: First Phase 1 assay results confirm high grade, low slime mineralisation with extension below 2016 MRE

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Capital Metals: First Phase 1 assay results confirm high grade, low slime mineralisation with extension below 2016 MRE
Capital Metals plc (CMET:LON) | 3.0 0 3.7% | Mkt Cap: 13.1m
- Published:
16 Jul 2025 -
Author:
Roger Bell -
Pages:
2 -
Capital Metals plc (“CMET”) has provided an update on drilling in the northern EL168 area, part of the Initial Mining Area (“IMA”) of its Taprobane Minerals Projects in Sri Lanka. Assay results show exceptional Heavy Mineral grades with low slime levels. Key intercepts include 6.3m @ 29.2% HM from 5m in hole MUAC028, 8m @ 19.9% HM from surface in hole MUAC008, and 12m @ 5.3% HM from surface in hole MUAC015. The 2016 Mineral Resource Estimate (“MRE”) outlined 17.21Mt with a Total HM grade of 17.6 ....