Critical Resources Commences Drilling at Mavis Lake Lithium Project

THE DRILL SERGEANT: Critical Resources (ASX: CRR) has commenced a targeted drilling campaign at the company’s 100 per cent-owned Mavis Lake lithium project in Ontario, Canada.

Critical Resources explained the drilling will be focused on two key areas, the first being to conduct drill testing of the project’s high-priority Northern Prospects, specifically the Tot pegmatite, whilst the company continues resource expansion drilling at the Main Zone of Mavis Lake.

Critical Resources previously identified the Northern Prospects (Gullwing and Tot) as high-priority targets after they displayed favourable geological characteristics and potential to add substantial tonnage to the overall resource base.

Drill testing will focus on identifying and delineating additional lithium-bearing pegmatites the company believes could enhance the project’s scale and economic viability.

Critical Resources’ is drilling to build upon its existing Mineral Resource Estimate (MRE) of 8 million tonnes at an average grade of 1.07 per cent lithium oxide (Li2O).

“This drill campaign at Mavis Lake is a crucial step in unlocking the geological potential of the area,” Critical Resources exploration manager Troy Gallik said in the company’s ASX announcement.

“Our exploration strategy is meticulously designed to enhance our understanding of the spodumene-bearing pegmatites, particularly within the Northern Prospects, including Gullwing and Tot, which have shown significant promise in preliminary exploratory works.

“The targeted drilling at these zones, along with continued work at the Main Zone, is expected to provide critical data that will refine our resource models and support the potential for a substantial expansion of the current resource base.

“The insights gained from this program will be instrumental in advancing the geological understanding of the Mavis Lake Project as we work towards our exploration target.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE