Critical Resources Ltd (ASX:CRR) has extended the current drilling campaign at the Gibsons prospect to test the extent of mineralisation discovered through the current campaign.
The company sought and has received approval from the Resources Regulator for an additional five drill holes (1000 metres) at the prospect within the Halls Peak Project in New South Wales.
These additional holes are designed to gather information in areas previously untested by prior drill programs, with the aim of extending the mineralisation extent across the Halls Peak Project.
“We see huge potential”
Critical Resources managing director Alex Biggs said: “Further extension of the drilling campaign at Gibsons is confirmation that we see huge potential in the Halls Peak project as a whole.
“These additional holes will allow us to further test the wide extent of mineralisation.
“We are very pleased with the results to date and hope for continued success throughout these additional permitted holes.”
Drill results
The current drill program at Gibsons has delivered significant intersections including:
- 3.6 metres @ 15.06% Zn (zinc), 8.38% Pb (lead), 0.69% Cu (copper), 37.51g/t Ag (silver), 0.09g/t Au (gold)
- 7.53m @ 4.20% Zn, 1.92% Pb, 0.39% Cu, 19.15g.t Ag, 0.11g/t Au
- 7.18m @ 3.63% Zn, 1.89% Pb, 0.77% Cu, 15.82g/t Ag, 0.09g/t Au
- 1.28m @ 13.5% Zn, 4.75% Pb, 0.71% Cu, 21.5g/t Ag, 0.09g/t Au