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Critical Resources Ltd ( (AU:CRR) ) just unveiled an update.
Critical Resources reports that petrographic analysis of maiden drill samples at its Amoco project confirms a late-stage, shallow orogenic gold–antimony–silver lode system overprinting earlier volcanic-hosted massive sulphide mineralisation, akin to the style seen at Hillgrove and Enmore. Surface sampling at Amoco has returned high-grade results of up to 17.9 g/t gold, 0.7% antimony and 53.2 g/t silver, while drill intersections of black shales indicate potential for additional multi-commodity mineralisation and a significant expansion of the exploration footprint.
The update also highlights the company’s Gibsons project, which hosts up to nine silver-bearing lodes with multiple zones exceeding 900 g/t silver, including previously reported intercepts of up to 3,780 g/t. At the nearby Mayview antimony prospect, land-access negotiations are progressing alongside historical high-grade samples up to 52.3% antimony and 2.71 g/t gold, collectively reinforcing Critical Resources’ strategy to build a district-scale precious and critical minerals hub in the New England Fold Belt and potentially enhancing its future project pipeline and regional positioning.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
More about Critical Resources Ltd
Critical Resources Limited is an Australian exploration company focused on multi-commodity precious and critical minerals, including gold, antimony, silver, zinc, lead and copper. Its key assets are in the New England Fold Belt in New South Wales, where it is advancing a district-scale discovery pipeline anchored by the Halls Peak, Amoco and Gibsons projects.
YTD Price Performance: -9.09%
Average Trading Volume: 5,231,782
Technical Sentiment Signal: Sell
Current Market Cap: A$21.06M
See more data about CRR stock on TipRanks’ Stock Analysis page.