공시 • Feb 10
Critical Resources Limited Announces Exceptionally High-Grade Zinc, Copper, Lead & Silver Assays
Critical Resources Limited advised that it has received assay results from its second and third holes (which are extensional holes, not twin drill holes), from drilling at its 100% owned Gibsons prospect. Results from its second and third drill holes (CRRDD21_05 ("05") and CRRDD21_06 ("06")), confirm multiple, exceptionally high grade Zinc, Lead, Copper and Silver intersections of massive sulphide mineralization. Highlights: 5.3m @ 26.29% Zn, 12.49% Pb, 1.28% Cu, 49.18g/t Ag, 0.15g/t Au from 7.7-13.0m downhole in drill hole 06 - including 1m @ 43.30% Zn, 17.50% Pb, 3.06% Cu, 73.20g/t Ag, 0.2g/t Au 5.99m @ 8.17% Zn, 4.33% Pb, 0.84% Cu, 25.36g/t Ag, 0.13g/t Au from 5.69-11.68m downhole in drill hole 05 - including 1.9m @ 19.08% Zn, 10.62% Pb, 0.98% Cu, 45.83g/t Ag, 0.2g/t Au Importantly, drill hole 05 and drill hole 06 are extensional holes to known mineralization, demonstrating a heavily mineralized system - Significant mineralization encountered at depth in drill Hole 06, includes 0.49m @ 8.27% Zn, 1.77% Pb, 0.41% Cu, 5.76g/t Ag from 76.48-76.97m downhole and 1.0m @ 2.13% Zn, 1.1% Pb, 0.16% Cu, 28.60g/t Ag from 88.0-89.0m - Cores from completed holes 4A, 8, 9 and 11A are currently being assayed at the ALS laboratory in Brisbane with results expected progressively in the short term. Results for only 3 holes released to date. Circa 1,500m drilled of the planned - 2,500m program at Gibsons before moving to Sunnyside for ~1,700m. Assays pending. Drill hole 06 demonstrates 1m with 63.86% combined Zinc + Lead + Copper metal (from 7.7-8.7m @ 43.30% Zn, 17.50% Pb, 3.06% Cu). The company is currently researching the combined Zinc + Lead + Copper ranges of other high grade massive sulphide occurrences in a view to assist in the rapidly developing exploration thesis on Halls Peak. Significantly, there was anomalous Zinc, Lead, Copper and Silver mineralization throughout both holes indicating potential for discovery of massive sulphide lodes lateral to these holes. Some significant, deeper mineralization encountered at depth in drill hole 06 includes 1.0m @ 2.13% Zn, 1.1% Pb, 0.16% Cu, 28.60g/t Ag from 88.0-89.0m. Neither drill hole 05 or drill hole 06 are twin drill holes of any previous hole. Summary of Key Polymetallic Intersections: Second Hole - Diamond Drill Hole CRR21DD_06 - 5.3m @ 26.29% Zn, 12.49% Pb, 1.28% Cu, 49.18g/t Ag, 0.15g/t Au from 7.7-13.0m downhole Including: 1m @ 43.30% Zn, 17.50% Pb, 3.06% Cu, 73.20g/t Ag, 0.2g/t Au and 0.9m @ 42.30% Zn, 16.45% Pb, 1.88% Cu, 51.90g/t Ag, 0.21g/t Au - 0.49m @ 8.27% Zn, 1.77% Pb, 0.41% Cu, 5.76g/t Ag, 0.02g/t Au from 76.48-76.97m downhole - 1.0m @ 2.13% Zn, 1.1% Pb, 0.16% Cu, 28.60g/t Ag, 0.08g/t Au from 88.0-89.0m. Third Hole Diamond Drill Hole CRR21DD_05: 5.99m @ 8.17% Zn, 4.33% Pb, 0.84% Cu, 25.36g/t Ag, 0.13g/t Au from 5.69-11.68m downhole Including: 1.9m @ 19.08% Zn, 10.62% Pb, 0.98% Cu, 45.83g/t Ag and 0.2g/t Au from 8.3-10.2m downhole 0.22m @ 26.4% Zn, 15.55% Pb, 6.11% Cu, 56.6g/t Ag and 0.16g/t Au from 5.69-5.91m downhole - 4.71m @ 1.79% Zn, 0.52% Pb, 0.06% Cu, 2.41g/t Ag, 0.02g/t Au from 46.46-51.17m downhole - 11.7m @ 0.05% Cu, 0.22% Pb, 0.8% Zn, 12.59g/t Ag, 0.09g/t Au from 68.10-79.80m downhole. Halls Peak Project Description: The 100% owned Halls Peak project is located in New South Wales approximately 45km South-East of Armidale in the New England Fold Belt, an area well known for its mineral endowment and production. The Halls Peak massive sulphide deposits were discovered in 1896 where near surface mining extracted high-grade Zinc, Lead, Copper and Silver. More recent near surface exploration has been conducted by Precious Metal Resources Limited, Sovereign Gold Company Limited (now Critical Resources Limited) and Force Commodities Limited (now Critical Resources Limited) yielding high- grade intercepts to a depth of approximately 150m at the Gibsons prospect. Some near surface historic mining has occurred around the Sunnyside prospect.