Critical Resources inaugural lithium drilling campaign takes off at Mavis Lake
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A 49-hole drilling campaign has taken off at Critical Resources’ Mavis Lake Lithium Project in Ontario where previous programs have yielded intersections up to 2.97%.
Cyr Drilling International has been engaged to carry out the inaugural 5,00m drilling ahead of further plans to fast-track the potential for JORC resource delineation.
Critical Resources (ASX:CRR) says the first three holes of the program – MF22-60, MF22-61, and MF22-62 aim to confirm drilling from the1950’s which intersected mineralisation within Pegmatite 6.
These holes aim to confirm mineralisation, quality of survey data, structures and lithologies intersected, all of which are essential to integrate into any potential future JORC resource estimate.
Other holes such as MF22-63, MF22-64 and MF22-65 will test lithium grade continuity of Pegmatite 6 as observed from the 2018 drilling.
CRR managing director Alex Biggs said the company anticipates further high-grade intersections from this drilling campaign.
“We’ve accelerated drilling and our exploration strategy at Mavis Lake with a view to defining a JORC compliant resource in the future,” he said.
“Further planning is underway for the next stage of exploration at Mavis Lake with multiple targets to explore across the project.”
Mavis Lake represents a transformational opportunity for the company to position itself in the lithium sector in Ontario, Canada.
This article was developed in collaboration with Critical Resourced Resources, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.