Overview of Critical Resources Limited and Mavis Lake Lithium Project

Critical Resources Limited (ASX: $CRR) is strategically positioned to leverage the robust lithium fundamentals in North America's premier lithium district. The company's Mavis Lake Lithium Project, with its maiden Mineral Resource Estimate (MRE) of 8Mt @ 1.07% Li2O, is backed by a management team with hands-on, hard-rock lithium project delivery and operations experience. The project's excellent metallurgy, immediate access to utilities, services, and infrastructure, and the significant supply deficit forecast in Tier 1 jurisdictions, position Critical Resources for continued growth and development.

Executive Commentary on Mavis Lake Lithium Project

The rapid growth and development of the Mavis Lake Lithium Project will position Critical Resources to capitalize on the unprecedented investment and demand growth for lithium raw materials necessary to underpin the North American automotive industry. With multiple large, spodumene bearing outcrops yet to be drill tested, the project holds significant potential for continued Resource growth. The company is committed to advancing project development through permitting, technical and economic studies, with ongoing community engagement to secure strategic partnerships and drive value creation.

Summary of Mavis Lake Lithium Project and Critical Resources' Outlook

Critical Resources' Mavis Lake Lithium Project, with its maiden MRE and ongoing exploration success, is poised for continued Resource growth and organic expansion. The company's strategy for value creation includes leveraging its early mover advantage and management credentials to secure value accretive strategic partnerships. With the global EV sales increasing and the supply deficit forecast, Critical Resources is well-positioned to contribute to the North American automotive industry's demand for lithium raw materials. The ongoing studies and assessments, along with the project's defined Resource base and infrastructure-rich location, provide a strong foundation for the company's ambitions and goals. As the project progresses, Critical Resources aims to position itself as a key supplier of lithium raw materials, contributing to the regional investment in Battery/EV production and driving its own growth and success.