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Critical Resources Limited (ASX:CRR)

ALERT: Price-sensitive ASX Announcement for CRR
Current share price for CRR : $0.007 -0.001 (-6.67%)+
Announcement
Release
17 Jul 2026 9:10AM
Price at Release
$0.008
Full Release
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Summary
Critical Resources Limited has developed an exploration target for the Mavis Lake Project Area, focusing on the Mavis Lake Main Zone and Northern Prospects, including significant lithium mineralisation from spodumene within pegmatites. The exploration incorporates 287 diamond drill holes, which include 44,179 meters of drill data generated by the company itself. The work also involves geological mapping, airborne geophysical surveys, and extensive geochemical sampling. The exploration aims to enhance the understanding of pegmatite geology and define lithium resources by integrating historical data with recent geochemical results.
Key Points
  • Mavis Lake Geochemistry prioritizes northern drill targets.
  • Exploration target derived from the Mavis Lake Main Zone and Northern Prospects.
  • 44,179m of drill data generated by Critical Resources.
  • Total of 287 diamond drill holes throughout the Mavis Lake Project Area.
  • Includes geological mapping, airborne magnetics, and radiometrics.
  • Focus on pegmatites with significant lithium mineralisation from spodumene.
  • Geological modelling and wireframing for projection purposes.
  • Incorporates historical drilling data and recent geochemical samples.
  • Sampling methodologies and results detailed for pegmatites and host lithologies.
  • Exploration aims to define lithium resources and understand pegmatite geology.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.