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Critical Resources Discovers High-Grade Lithium at Gullwing and Tot Prospects — ASX:CRR| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$CRR
Critical Resources Discovers High-Grade Lithium at Gullwing and Tot Prospects
Critical Resources Limited is pleased to announce highly encouraging litho-geochemical results from the spring field program conducted at the Mavis Lake Lithium Project in Ontario, Canada. The program focused on the Gullwing and Tot prospects, located within the Company's 100%-owned project.
During the program, spodumene mineralization with surface samples containing up to 3.2% Li2O was confirmed. A total of 281 rock-chip grab samples were taken over an area of 10km, centered on the known Gullwing and Tot Lithium-Cesium-Tantalum (LCT) outcrops. Standout assay results include sample 3347562 with 3.2% Li2O from spodumene, sample 347565 with 2.6% Li2O from spodumene, sample 347604 with 2.4% Li2O from spodumene, and sample 347561 with 2.2% Li2O from spodumene.
The field work program also identified near-term exploration drilling targets at the Gullwing and Tot prospects. In addition, mapping and sampling results highlighted additional drill targets around the newly discovered Little Wing LCT pegmatite outcrop.
Critical Resources has applied for
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drill pad permits for the Gullwing and Tot targets and expects to commence drilling as soon as practically possible. Furthermore, resource extension drilling is ongoing at the Mavis Lake Main Zone, with assay results pending.
The Gullwing and Tot prospects, along with their associated claims, are contiguous with the claims surrounding the Mavis Lake Main Zone. The Mavis Lake Main Zone already boasts the Company's 8 million tonne (Mt) Inferred Resource.
These encouraging litho-geochemical results further solidify Critical Resources' position in the lithium market. The Company is making significant progress in exploring and developing their lithium assets, with a focus on identifying high-confidence drilling targets for future drill programs.
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L
Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
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Lykeshares
133d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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L
Lykeshares
164d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
320 Views
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L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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L
Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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