Announcement Date: 2022-04-05
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Critical Resources Ltd.
Project name: Halls Peak
Location: Australia
Commodities: Gold,Silver,Copper,Lead,Zinc
Highlight: Drilling results incl. 7.63m @ 1.15% Cu, 0.23% Zn, 0.01% Pb, 73.15g/t Ag, 0.01g/t Au from 42.04m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Critical Resources Limited (ASX:CRR) (“Critical Resources” or the “Company”), is pleased to advise assays have confirmed Copper and Deep Disseminated Sulphide mineralisation in its seventh diamond drill hole CRR21DD_11A (Hole 11A) of its drilling campaign at the Gibsons prospect, part of the broader Halls Peak project in New South Wales. Assays received from Hole 11A confirm copper mineralisation intersected in Hole 11A across 7.63 metres (42.04-49.67m) downhole @ 1.15% Cu, 0.23% Zn, 0.01% Pb, 73.15g/t Ag, 0.01g/t Au 1,200m of additional drilling aims to test the extent of the copper mineralisation seen in Hole 11A. Holes are also designed to test the depth and extent of geophysical anomalies consistent with the current exploration strategy at Halls Peak. Critical Resources Managing Director Alex Biggs said: “Extension of the drilling campaign at Gibsons is confirmation that we see huge potential in the Halls Peak project as a whole. These additional holes will allow us to further delineate the chalcopyrite mineralisation we intersected in Hole 11A and test geophysical anomalies at depth. We are excited to test the potential of the Gibsons prospect further and look forward to adding to the already impressive results we have seen so far”.
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