Rapid Critical Metals MD Byron Miles: $10m raise backs silver, BC critical minerals projects

Rapid Critical Metals Limited (ASX:RCM) managing director Byron Miles talked with Proactive's Stephen Gunnion about the company’s recent activities following a A$10 million capital raise, supporting the acquisition of two silver assets in northern New South Wales. Miles highlighted the high-grade nature of the discoveries, including a standout intersection of 11,000 grams per tonne over one metre and a total JORC-compliant resource of 35 million ounces at around 200 grams per tonne silver equivalent. “It’s a super compelling investment,” he said, noting the backing from high-net-worth individuals, institutions, and family offices. In addition to the Australian silver projects, the company is advancing its Prophet River project in British Columbia, which contains high-grade germanium—up to 1,500ppm. Miles said this positions the company strongly amid growing geopolitical tensions affecting critical mineral supply chains. Miles also discussed the recent divestment of the Tin Mountain project in the US, with Rapid Critical becoming a shareholder in IRIS Metals Ltd, the asset’s acquirer. This move, he explained, sharpens the company’s focus on its silver and critical mineral strategy. The company is currently preparing a 2,000m drill program and has recently submitted a drilling application. Miles emphasised that modern techniques like microgravity and LiDAR are being employed to better understand and extend the orebody. For more interviews like this, visit Proactive's YouTube channel. Don’t forget to like this video, subscribe, and enable notifications for the latest updates. #SilverMining #CriticalMinerals #Germanium #ByronMiles #RapidCriticalMetals #NSWMining #BritishColumbiaMining #JuniorMining #ResourceStocks #ProactiveInvestors