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Critical Resources Ltd ( (AU:CRR) ) has shared an announcement.
Critical Resources has begun ground-based exploration at its Lammerlaw and Croesus projects in New Zealand after securing permit transfer and environmental approvals, targeting structurally controlled gold-antimony and high-grade tungsten systems. Historical work at Croesus has outlined high-grade tungsten mineralisation and a 5 km gold-antimony trend with past high-grade gold production and rock chip samples, while Lammerlaw fieldwork focuses on priority targets with historical gold and tungsten anomalies consistent with an orogenic gold system.
The company highlights its large, low-cost New Zealand landholding in two of the country’s most prospective gold and critical minerals regions, supported by government fast-track reforms and a sharply higher tungsten price environment driven by Chinese export restrictions and supply security concerns. Critical Resources also confirmed completion of its January 2026 capital raising of $1.75 million, including a significant commitment from its chairman and managing director, underpinning ongoing exploration activity and signalling confidence in the New Zealand growth strategy.
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-listed exploration company focused on gold, antimony and tungsten projects, with a 1,694 km² portfolio in New Zealand’s Otago and Reefton regions. The company targets structurally controlled orogenic gold and high-grade tungsten systems, positioning itself to benefit from rising demand and supply concerns for critical minerals such as tungsten.
YTD Price Performance: -9.09%
Average Trading Volume: 2,718,301
Technical Sentiment Signal: Sell
Current Market Cap: A$25.55M
For detailed information about CRR stock, go to TipRanks’ Stock Analysis page.