Critical Resources’ (CRR) latest assays have confirmed continuous high-grade lithium mineralisation along the Main Zone within its Mavis Lake lithium project in Canada.
The company has reported results from its current diamond core drilling campaign, which confirmed the continuity of mineralisation over a strike length of 750 metres.
Assays from the program to date include 9.65 metres at 1.15 per cent lithium oxide from 131.6 metres, including 7.2 metres at 1.5 per cent lithium oxide from 132.95 metres.
Further results include 2.6 metres at 1.72 per cent lithium oxide from 44.55 metres, including 0.75 metres at 4.37 per cent lithium oxide from 46.05 metres.
Critical Resources’ Managing Director, Alex Cheeseman, said the company’s Mavis Lake drilling program had consistently delivered results.
“Beyond the Main Zone, Mavis Lake consists of additional drill-ready targets centred on mapped spodumene-bearing pegmatites, outcropping at surface,” Mr Cheeseman said.
“Multiple drill targets are planned and under permitting; the company is only in the early stages of testing the true potential of Mavis Lake.”
Critical said its “structured and deliberate” approach to drilling would underpin a maiden mineral resource estimate for the area, which was expected to be released in the first quarter of 2023.
Critical Resources was trading 1.72 per cent higher at 5.9 cents at 10:37 am AEDT.
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