LykeShares
ASX Mining News
Sign up
Login
Sign Up
(current)
Watchlist
Feedback
Advertise With Us
Profile
Home
Search
Watchlist
Advertise
Feedback
Profile
Why are Critical Resources Limited's Assay Results at Mavis Lake Significant? — ASX:CRR| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$CRR
Why are Critical Resources Limited's Assay Results at Mavis Lake Significant?
Critical Resources Limited, a company focused on lithium exploration and project development, has reported promising assay results from their Mavis Lake Lithium Project in Ontario, Canada. The latest assays have confirmed and extended the recently discovered Swell Zone, revealing a thick, high-grade mineralized structure that starts from the surface and extends over 1km in strike. This discovery validates previous drilling results and indicates significant resource potential.
Discovering a 1km Strike Length of Swell Zone
Recent drilling at Mavis Lake has revealed a crucial connection between previous drilling results, confirming the existence of the Swell Zone and showcasing considerable resource upside.
Key Highlights of the Assay Results:
The latest assay results have demonstrated continuity with previous drilling and revealed thick, high-grade mineralization.
The Swell Zone, a significant discovery, extends over 1 kilometer in strike from east to west and starts from the surface.
Notable new assay results include:
Drill-hole MF23-226: Intersected the Swell Zone at a depth of
...
See More
205.6m, with a concentration of 1.06% Li2O over 31.55m, and an additional high-grade intercept called the 'Lower Zone' with a concentration of 1.44% Li2O over 20.7m, starting at a depth of 339.3m.
Drill-hole MF23-228: Showed multiple intercepts, such as 16.8m with a concentration of 1.18% Li2O starting from a depth of 177.05m, 12.85m with a concentration of 1.39% Li2O starting from a depth of 208.1m, and 14.85m with a concentration of 1.25% Li2O starting from a depth of 333.25m.
In addition to these assay results, Critical Resources is actively engaged in various project development workstreams, including environmental studies, metallurgical test work, mining studies, and project economic analysis.
Further results are pending from Main Zone drilling at Mavis Lake, as well as drill-target generation field work at the Project's northern prospects.
With these significant assay results, Critical Resources Limited is poised to enhance its understanding of the lithium potential at Mavis Lake and advance project development with a comprehensive approach.
... View
1 Like
0 Reply
?
L
Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
430 Views
2 Likes
0 Reply
?
L
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
...
See More
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.
415 Views
1 Like
0 Reply
?
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
430 Views
2 Likes
0 Reply
?
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
2 Likes
0 Reply
?
L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
306 Views
1 Like
0 Reply
?
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...
295 Views
1 Like
0 Reply
?
L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
1.1k Views
1 Like
0 Reply
?
Loading more...
Popular Stocks 🚀
Nvidia Corporation
NASDAQ:NVDA | Semiconductors
1.4k
Prophecy International Holdings Limited
ASX:PRO | Software & Services
374
Ebos Group Limited
ASX:EBO | Health Care Equipme…
3.8k
Alico Inc.
NASDAQ:ALCO
1.6k
Alma Metals Limited
ASX:ALM | Energy
4.6k
Show more