Key drilling results at Mavis Lake Project

Critical Resources (ASX:CRR) has announced significant drilling results from its Mavis Lake Project in Ontario, Canada. The drilling has revealed high-grade spodumene-bearing pegmatite, suggesting an expansion of lithium resources. The Mavis Lake Main Zone and Tot Pegmatite demonstrated promising results, with further resource expansion potential in all directions.

Mavis Lake Project expansion and future outlook

Critical Resources is focused on expanding its lithium resources at the Mavis Lake Project in Ontario. The recent drilling results indicate potential for resource expansion, with high-grade spodumene-bearing pegmatite intersected. The Mavis Lake Main Zone and Tot Pegmatite are open for further exploration. Additionally, a new pegmatite system was identified at Northern Prospects, showcasing the project's potential. The company aims to incorporate pending assays and over 27,399 meters of drilling results into its resource estimate. Operating with a dual-track strategy, Critical Resources seeks to increase its resource base and advance project development, supported by robust regional infrastructure.

Executive insights on drilling success

The drilling results from Mavis Lake continue to exceed our expectations. The identification of high-grade intercepts and a new pegmatite system at the Northern Prospects highlight the robust growth potential of this project. We are committed to advancing Mavis Lake and enhancing our resource base with ongoing exploration efforts.