Announcement Date: 2022-08-01
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Critical Resources Ltd.
Project name: Halls Peak
Location: Australia
Commodities: Gold,Silver,Lead,Zinc
Highlight: Drilling results incl. 40.08m @ 74.42gr Ag, 0.08g/t Au, 0.46% Pb, 0.92% Zn from 14.8m
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 announce the latest assay results from its drilling campaign at the Gibsons Prospect (“Gibsons”) within the 100 per cent-owned Halls Peak Project (“the Project”) in New South Wales, Australia. Assay results from diamond drill holes CRR21DD_17 (“Hole 17”), CRR21DD_18 (“Hole 18”) and CRR21DD_11B (“Hole 11B”) show that all intersected further zinc, lead, copper and silver-bearing zones of sulphide mineralisation, building on earlier successes reported in recent months. Detailed assay results are attached as Appendix 1. Hole 18 was in an emerging zone of newly discovered mineralisation, which lies outside the previously known mineralisation within the Gibsons prospect of the Project, while Hole 17 also tested a new area outside the known mineralisation. The strong mineralisation at depth continues to expand the potential of the Halls Peak System – a large mineralised system with numerous widespread high-grade zinc-lead-copper-silver deposits. It also builds on recent drilling by the Company, which has confirmed base metal sulphide mineralisation extending vertically over 300m in the deepest holes drilled.
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