Critical Resources holds a suite of lithium prospects across Ontario, Canada, including Mavis Lake, Graphic Lake, Plaid and Whiteloon Lake. The Company’s other projects include a copper project in Oman, and a base metals project in Halls Peak NSW, Australia.
Its focus is the rapid development of Mavis Lake lithium project, an advanced exploration project with near-term development potential.
In early 2023, Critical Resources released its maiden JORC resource for Mavis Lake of 8Mt at 1.107% Li2O – making its just one of two ASX-listed companies with a JORC Code 2012 compliant mineral resource in Ontario. Resource drilling is ongoing.
In parallel, the company has also commenced initial studies that will underpin the transition from explorer to developer.