Precision Drilling's 15min chart sees KDJ Golden Cross, Bullish Marubozu signal.

Precision Drilling's 15-minute chart has exhibited a KDJ Golden Cross, coupled with a Bullish Marubozu at 06/24/2025 15:00. This phenomenon suggests a shift in momentum towards a positive trajectory, with potential for further upward movement. As the buyers maintain control of the market, a continuation of bullish momentum is likely.

Critical Metals Corp. (CRML) has announced the signing of a $2 million diamond drilling contract with 60 Degree North Greenland for its Tanbreez Project, aiming to enhance the project's resource size. The contract, which follows a $120 million non-dilutive funding package from the U.S. EXIM Bank, marks a significant step in the development of this world-class rare earth deposit.

The drilling program, set to commence next month, will focus on infill and extension drilling to the east of the existing Fjord Deposit. The program will target additional resources and refine the current pit design, contributing to a more robust resource estimation and supporting the definitive feasibility study expected by the end of 2025.

The strategic location of the Tanbreez Project, with year-round shipping access, underscores its potential to supply critical minerals essential for global electrification efforts. The company's CEO, Tony Sage, noted that this drilling contract follows the recent $120 million non-dilutive funding package, which strengthens the financial stability of the project.

While the drilling program holds promise for increasing the resource size and improving the economics of the project, it also highlights the need for future investment. Forward-looking statements, as noted in the company's press release, emphasize potential risks and uncertainties that could impact actual results.

References:
[1] https://www.nasdaq.com/articles/critical-metals-corp-secures-2-million-drilling-contract-expand-resource-tanbreez-project