Venture Minerals Limited ( (AU:CRI) ) just unveiled an update.
Critica Limited has announced a maiden Inferred Mineral Resource Estimate for its Jupiter Project, positioning it as Australia’s largest and highest-grade clay-hosted rare earth resource. The project, part of the Brothers Project, is strategically located in a premier mining district with excellent infrastructure, enhancing its development potential. Initial metallurgical testwork has shown promising results, with a significant beneficiation upgrade and potential for high-grade concentrate production. The company is well-funded and aims to become a key player in Australia’s rare earths sector amid global supply chain concerns.
More about Venture Minerals Limited
Critica Limited operates in the mining industry, focusing on the exploration and development of rare earth elements. The company is primarily engaged in the discovery and development of clay-hosted rare earth resources, with a significant focus on the Jupiter Project, part of the broader Brothers Project in Western Australia.
YTD Price Performance: 30.0%
Average Trading Volume: 20,000
Technical Sentiment Signal: Buy
Current Market Cap: $27.45M
Learn more about CRI stock on TipRanks’ Stock Analysis page.