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An update from Critical Resources Ltd ( (AU:CRR) ) is now available.
Critical Resources has completed first-pass fieldwork at its Lammerlaw and Croesus gold-tungsten projects in New Zealand, including structural mapping and geochemical sampling over key trends at Lammerlaw. The company expects initial assay results from Lammerlaw in mid-May 2026 and from Croesus in early June 2026, which will inform the next phase of its exploration strategy.
At Croesus, field verification confirmed greisen alteration and outcropping quartz veins at the Granite Creek tungsten target, corroborating historical high-grade scheelite results and elevating Granite Creek as a near-term exploration priority. The work comes amid a sharp rise in global tungsten prices and heightened supply security concerns, enhancing the strategic significance of Critical Resources’ New Zealand assets for investors and Western supply chains.
More about Critical Resources Ltd
Critical Resources Limited is an ASX-listed exploration company focused on gold and critical minerals, including tungsten, in New Zealand. The company holds a 1,694 km² portfolio spanning some of New Zealand’s most prospective gold and critical mineral regions, positioning it to benefit from supportive fast-track investment reforms and escalating global demand for strategic minerals such as tungsten.
YTD Price Performance: -9.09%
Average Trading Volume: 4,445,556
Technical Sentiment Signal: Sell
Current Market Cap: A$25.55M
Find detailed analytics on CRR stock on TipRanks’ Stock Analysis page.