Critical Resources (ASX:CRR) announced substantial findings at its Halls Peak Project, uncovering high-grade silver and exceeding antimony detection limits. The company is advancing further testing to understand these results.
Critical Resources (ASX:CRR) has identified significant high-grade silver and antimony at the Halls Peak Project, with specialized testing underway due to antimony levels surpassing detection limits. The company's exploration is particularly relevant amid China's antimony export ban to the U.S., highlighting the importance of new antimony sources. The discovery includes silver values reaching up to 3,780 grams per tonne. The company aims to expand its mineral resource base and is planning further exploration and drilling in 2025. This aligns with their strategy to develop resources essential for a decarbonized future, while also exploring opportunities at the Mavis Lake Lithium Project.
Recent samples from the Hillgrove South Antimony Prospect have returned antimony levels exceeding the upper detection limit of the assay method used (>10,000 ppm). This has necessitated further specialized testing, delaying results by approximately two weeks.