About OBY Critical Minerals
Who We Are
OBY Critical Minerals is an Australian-based developer securing the future of sustainable abundance through the advancement of the district-scale Man of War Rare Earth Project in Minas Gerais, Brazil.
OBY Critical Minerals is advancing the Man of War Project in Minas Gerais, Brazil, based on the recommendations of the NI 43-101 Technical Report. The current focus includes further drilling, metallurgical testwork, resource updates, environmental assessment work, and future economic studies, including a Preliminary Economic Assessment (PEA).
Development Strategy
One small phase to prove it, one big phase to value it
CURRENT WORK PROGRAM
The current focus is on advancing the technical work recommended in the NI 43-101 Technical Report to support future project evaluation.
- Infill drilling across current resource targets
- Metallurgical testwork and flowsheet development
- Mineral Resource estimate updates
- Environmental impact assessment work
NEXT STEPS
Future project advancement will be supported by the results of the recommended technical work and subsequent economic studies.
- Evaluation of newly identified exploration targets
- Additional metallurgical studies
- Future Preliminary Economic Assessment (PEA)
- Continued technical evaluation based on NI 43-101 recommendations
RECOMMENDED TECHNICAL WORK
Advancing the Man of War Project Through Recommended Technical Studies
Current Technical Activities
Current work includes additional drilling, metallurgical testwork, and ongoing evaluation of the Man of War Project in accordance with the recommendations of the NI 43-101 Technical Report.
Metallurgical Testwork
Additional metallurgical testwork is recommended to better understand the project's mineralization and support future technical evaluations.
Exploration Program
Additional drilling is recommended across the current resource targets and newly identified exploration areas to improve the geological understanding of the project.
Mineral Resource Updates
Future Mineral Resource updates may be completed following additional drilling and technical evaluation.
Environmental Assessment
Environmental assessment work is recommended to support future stages of project evaluation.
Future Economic Studies
Following completion of the recommended technical work, future economic studies, including a Preliminary Economic Assessment (PEA), may be undertaken to evaluate the project's economic potential.
Invest
Why OBY Critical Minerals Ltd.
Inferred Mineral Resource
An Inferred Mineral Resource of 1,350 Mt at 3,437.41 ppm TREO and 793.39 ppm MREO (1,000 ppm TREO cutoff), as reported in the NI 43-101 Technical Report.
Exploration Potential
The Man of War Project includes three current resource targets (Nau de Guerra, Alto da Serra and Balsamo) and two newly identified exploration targets (Fragata and Caravela), which require additional exploration and technical evaluation.
Regional Infrastructure
The Project is located in Minas Gerais, Brazil, with access to existing regional roads, power infrastructure, and water resources as described in the NI 43-101 Technical Report.
Preliminary Metallurgical Testwork
Preliminary metallurgical testwork on a composite sample from the Nau de Guerra target indicates ionic adsorption characteristics. Additional metallurgical testwork is recommended.
Technical Evaluation
The NI 43-101 Technical Report recommends additional drilling, metallurgical testwork, resource updates, environmental assessment work, and future economic studies to support continued project evaluation.
Project Overview
The Man of War Project comprises four mineral rights covering approximately 4,708.67 hectares in Minas Gerais, Brazil, with ongoing technical work focused on advancing the understanding of the Project.
TECHNICAL OVERVIEW
Recommended Next Steps
The NI 43-101 Technical Report recommends continued technical work to advance the Man of War Project, including additional drilling, metallurgical testwork, Mineral Resource updates, environmental assessment work, and future economic studies. These activities are intended to support the ongoing technical evaluation of the Project.
Execution Credibility: Funded near-term work, exploration of current and newly identified targets, SGS-led studies, and recommended future economic studies
This is a critical minerals project supported by ongoing technical work, including drilling, metallurgical studies, and continued project evaluation.
Scale + Basket
One of the largest magnetic-weighted ionic clay rare earth stories.
1,350Mt @ 3,437 ppm TREO, w/ 23% MREO (Inferred, 43-101/JORC)
Preliminary Metallurgical Testwork
Early desorption work supports continued metallurgical evaluation of the Project.
Future Technical Studies
Ongoing technical work is intended to support future project evaluation following the recommendations of the NI 43-101 Technical Report.
Execution Progress
Funded near-term work, SGS-led study program and ongoing auger drilling.