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Battery Metals

Critical Resources fast-tracks phase two diamond drilling at Mavis Lake Lithium Project in Canada

“Mavis Lake is quickly becoming a cornerstone project for the company as demonstrated by the consistent drill results we have seen in the first 5,000-metre campaign,“ said MD Alex Biggs.

Critical Resources Ltd (ASX:CRR) has fast-tracked phase two of its inaugural diamond drilling program at the Mavis Lake Lithium Project in Ontario, Canada, to include a further 5,000 metres of drilling.

The objective of the phase two drilling is to test the continuity between pegmatite 6 and pegmatite 18, with a potential strike length of 1.8 kilometres.

What's more, the drilling will focus on high-priority targets identified through geophysical interpretation, aiming to define a maiden mineral resource at Mavis Lake

“Cornerstone project”

Critical managing director Alex Biggs said: “The combination of strong drill results and newly identified geophysical targets puts the company in a clear position to continue drilling at the Mavis Lake Lithium Project.

"Mavis Lake is quickly becoming a cornerstone project for the company as demonstrated by the consistent drill results we have seen in the first 5,000-metre campaign.

“Our strategy is to define a JORC compliant resource which requires both infill and extensional drilling along strike.”

Phase one drilling results

In total, 37 holes were drilled during the phase one program for a total of 5,000 metres, testing pegmatite 6 at greater depths than was initially anticipated.

The phase one program intersected spodumene-bearing pegmatites in 35 of 37 holes including:

  • 18.1 metres of ~20% spodumene in MF22-64;
  • 23.1 metres of ~32% spodumene in MF22-72;
  • 17.5 metres of ~18% spodumene in MF22-73;
  • 15 metres of ~20% spodumene in MF22-85; and
  • 14.75 metres of ~16% spodumene in MF22-96.

Phase two rationale

CRR received positive litho-structural interpretation from the geophysical airborne survey flown across the Mavis Lake property in late 2021.

The interpretation is based on magnetic, radiometric and VLF electromagnetic data and has provided a significant basis for the potential of a further 28 new drill targets.

Exploration on these targets has been undertaken to develop a drilling strategy to expand on the inaugural 5,000-metre program.

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