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Critical Resources Ltd ( (AU:CRR) ) just unveiled an update.
Critical Resources Limited has outlined plans to start a systematic field exploration program at the Corona Pegmatite Field, about 4 km north of its main Mavis Lake Lithium Deposit in Ontario. Corona lies within the same underexplored, roughly 5 km LCT pegmatite corridor that hosts the existing Mavis Lake resource and features mapped pegmatites up to about 70 m wide.
The company has engaged an experienced field crew to conduct prospecting and outcrop mapping, supported by integrated datasets including surface geochemistry, lithogeochemistry, LIBS-based pegmatite fractionation and high‑resolution aeromagnetics. The program aims to generate high-priority, drill‑ready targets to expand the 2026 exploration campaign and potentially transform Mavis Lake from a single deposit into a broader multi‑deposit lithium district.
More about Critical Resources Ltd
Critical Resources Limited is an Australia-listed exploration company focused on lithium, with its flagship 100%-owned Mavis Lake Lithium Project in Ontario, Canada. The company targets lithium‑cesium‑tantalum (LCT) pegmatite systems and currently holds an 8.0 Mt at 1.07% Li₂O mineral resource at Mavis Lake, positioning it within the growing North American lithium supply chain.
YTD Price Performance: -9.09%
Average Trading Volume: 2,568,617
Technical Sentiment Signal: Sell
Current Market Cap: A$28.75M
For detailed information about CRR stock, go to TipRanks’ Stock Analysis page.