Vital to optimise rare earths processing flowsheet in Tardiff Scoping Study

Vital Metals Limited (ASX: VML) ('Vital', 'Vital Metals' or 'the Company') is pleased to announce it has appointed Canada-based mineral processing consultancy Corem to complete processing testwork on samples from the Tardiff deposit at its Nechalacho Rare Earths Project in Northwest Territories, Canada.

The appointment comes as part of a Scoping Study underway for Tardiff and due for delivery by the end of CY2024. Vital recently announced the appointment of ERM Consultants Canada to lead the study1 . Corem's scope of work aims to establish a preliminary flowsheet in order to recover the rare earth elements (REE) from samples at Tardiff by concentrating the ore via physical separation and flotation techniques. Once the optimal flowsheet is determined, it will evaluate the leachability of a Tardiff concentrate. The work is expected to take approximately three months to complete.

Vital Managing Director Lisa Riley said: 'Appointing Corem to undertake this work to optimise our flowsheet is another important step towards delivering a Scoping Study for Tardiff by the end of 2024. Corem has more than 25 years of expertise in mineral processes and processing and is an expert in this field and we are confident this work will help us determine the best way forward for developing processing capabilities at Tardiff

The Upper Zone at Vital's Tardiff deposit has a Mineral Resource Estimate of 213Mt at 1.17% total rare earth oxides (TREO) completed in April 2024. The deposit is estimated to contain more than 623,000 tonnes of neodymium oxide + praseodymium oxide (NdPr). Having now received all results from its 2023 drill program at Tardiff, Vital expects to complete an updated MRE for Tardiff in the coming months, which will be incorporated into the Scoping Study

About Corem

Corem has more than 25 years of expertise in the innovation of mineral processes and processing in comminution, magnetic separation, flotation, pelletizing and thermal processes, extractive metallurgy, and mineralogy. Its innovation centre offers specialized research services to help its clients develop and optimize key mineral processing, to improve competitiveness and to reduce environmental impact through innovative solutions. The consultancy agreement can be terminated by Corem at any time if it deems that the pursuit of the work will not yield satisfactory results. Vital may terminate at any time by providing written notice to Corem

Contact:

Lisa Riley

Managing Director and CEO

Vital Metals Limited

Tel: [phone]

Email: [e-mail]

About Vital Metals

Vital Metals Limited (ASX: VML) is developing the large Nechalacho Rare Earth Project in Canada's Northwest Territories. Nechalacho has the potential to underpin a significant rare earths supply chain for North America with responsibly sourced critical minerals for the green economy transformation.

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