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Critical Resources Ltd ( (AU:CRR) ) has provided an announcement.
Critical Resources Limited has completed a petrographic analysis at its Amoco Gold-Antimony Project, confirming the presence of a structurally controlled quartz-sulphide system consistent with nearby orogenic gold-antimony systems. This validation supports the company’s exploration model and enhances confidence in the potential for significant mineralization. The project is strategically located near other significant operations and aims to expand known mineralization through upcoming soil sampling and drilling programs. The findings bolster the company’s position in the fertile gold-antimony belt, potentially impacting stakeholders by advancing exploration and reducing risks associated with the project.
More about Critical Resources Ltd
Critical Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in projects that target high-grade antimony and gold mineralization, particularly within the New England Fold Belt in New South Wales, Australia.
Technical Sentiment Signal: Sell
Current Market Cap: A$8.31M
Learn more about CRR stock on TipRanks’ Stock Analysis page.