Critical Resources Limited announces highly encouraging results from MMI soil geochemistry program

Critical Resources Limited (ASX: $CRR) has announced highly encouraging results from a comprehensive Mobile Metal lon (MMI) soil geochemistry program completed late last year across the Northern Prospects at its flagship 100%-owned Mavis Lake Lithium Project in Ontario, Canada. The results demonstrate key mineralisation trends extending from exposed outcrops, with multiple lithium, caesium, and rubidium anomalies identified, highlighting the potential for scale and the ability to rapidly add to the Mavis Lake Resource base.

Executive Commentary on District-Scale Lithium Potential

These encouraging results reinforce our view of the exceptional exploration potential of the Northern Prospects and support the emerging district-scale lithium potential at Mavis Lake. The use of MMI sampling to detect relatively low levels of mineralisation (ppb) was deliberately chosen due to the known thick, clay-overburden surrounding the Tot outcrop. The correlation of high lithium, caesium, and rubidium concentrations, from soils originating from the Tot outcrop, provides high confidence that the system extends under cover. We believe that ongoing systematic exploration and ultimately future drill testing of the Northern Prospects holds significant promise for expanding the resource base of the Mavis Lake Project. Given that we have an 8km long LCT pegmatite trend to explore, ongoing work will continue to build confidence in future drill targets, allowing the Company to invest in targeted drilling programs that will continue to achieve highly capital efficient resource growth. We are currently busy planning our spring/summertime exploration programs, with a focus on prospecting adjacent to the Main Zone and the center-belt of the Mavis Lake Project Area. We expect to further build-out the exploration and resource growth pipeline at Mavis Lake that we believe will firmly cement Mavis Lake as a major deposit within the region.

Summary of MMI Soil Geochemistry Program Results

Critical Resources Limited has reported highly encouraging results from a comprehensive MMI soil geochemistry program completed across the Northern Prospects at its flagship 100%-owned Mavis Lake Lithium Project in Ontario, Canada. The results demonstrate key mineralisation trends extending from exposed outcrops, with multiple lithium, caesium, and rubidium anomalies identified, highlighting the potential for scale and the ability to rapidly add to the Mavis Lake Resource base. The company is planning spring/summertime exploration programs to further build-out the exploration and resource growth pipeline at Mavis Lake, aiming to firmly cement Mavis Lake as a major deposit within the region.