Soil-geochemistry program commences - Amoco Gold-Antimony
Released
Released
Announcement PDF
ASX ANNOUNCEMENT
10 July 2025
Soil-geochemistry program commences - Amoco Gold-Antimony
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A ~3km x ~2km wide systematic soil-geochemistry sampling program aimed at improving drill
target confidence is set to commence, with assay results expected in late August.
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A priority area at Amoco has been identified through rock samples with gold up to 17.9 g/t Au,
antimony up to 0.7% Sb, and silver up to 80 g/t Ag, located on interpreted structural corridors.
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The identification of gold and antimony mineralisation located on interpreted structures is highly
encouraging, given the known gold-antimony mineralisation controls within the New England
Fold Belt.
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Amoco is located ~19km southeast of Larvotto Resources Ltd (ASX:LRV) Hillgrove AntimonyGold Project and ~14km east of Koonenberry Gold Ltd (ASX: KNB) Enmore Gold Project.
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Applications for maiden drill programs at the Amoco and Mayview Antimony Projects are
advancing through the NSW Resources Regulator, with ongoing discussions with landowners to
secure access agreements.
Critical Resources Limited (‘Critical Resources’ or the ‘Company’, ASX:CRR) is pleased to advise shareholders
of the commencement of a detailed ~3km x ~2km wide soil geochemistry program at the Amoco GoldAntimony Project (Amoco) (100% CRR) (EL9293) in the Armidale region, NSW - Australia.
Critical Resources’ Chief Executive Officer, Mr. Tim Wither, commented ‘The commencement of the targeted
soil-geochemistry program is a step toward our maiden drill program at Amoco, as we progress the approval
process with the NSW regulator and respective landholders. The systematic multi-element geochemical
survey is being supported by modern geochemical assay techniques, which have led to significant
improvements in the detection limits of critical pathfinder elements.
‘The ~3km x 2km wide soil-geochemistry sampling program is designed to provide detailed geological data
focused on gold, antimony and pathfinder elements across the interpreted structural corridor to assist in
determining the mineralised extents across the priority target area at Amoco. Amoco represents a compelling
opportunity within the region's historically productive antimony-gold corridor with encouraging initial surface
gold and antimony mineralisation.’
Amoco Antimony-Gold Project
The Amoco Gold-Antimony Project is located in the fertile New England fold belt ~19km southeast of Larvotto
Resources Limited’s (ASX:LRV) Hillgrove Antimony-Gold operations and ~14km east of Koonenberry Gold’s
(ASX:KNB) Enmore Gold Project along regional controlling structural trends (Figure 2).
The controlling structures within this gold-antimony rich portion of the New England Fold Belt typically occur
along multiple, closely spaced SW-NE faults that extend horizontally for hundreds of metres and vertically for
up to several kilometres. Nearby Larvotto Resources Hillgrove Antimony-Gold project underscores the
Critical Resources Limited – www.critical resources.com.au
Level 45, 108 St George's Tce, Perth WA 6000
P: +61 (8) 9465 1024 E. info@criticalresources.com.au
ASX:CRR
potential scale of the Amoco project's mineralisation zone. The revised geological model for Amoco reflects
an improved understanding and warrants further field work to be completed prior to a maiden drill program.
In May 2025, the Company completed initial field mapping at Amoco along the mineralised trend identified
through legacy rock and soil sampling. Field mapping and rock sample assays confirmed mineralisation over
a ~1 km east-west length due to the sampling grid orientation. During the field mapping, fifteen rock chip
samples were collected, all of which returned anomalous gold results greater than 0.8 g/t Au and up to 15.1
g/t Au and strongly correlated with legacy results that had previously reported gold mineralisation up to 17.9
g/t Au, antimony up to 0.53% Sb, and silver up to 80 g/t Ag (ASX:CRR announcement 4 June 2025).
Figure 1 – Amoco soil-geochemical sampling program with previously reported rock samples (g/t Au) and interpreted
major/minor structures from aeromagnetic survey (black dashed).
Soil-geochemistry sampling program
Following successful field mapping and identification of high-grade gold-antimony mineralisation, a ~3km x
~2km wide detailed soil-geochemistry program targeting key areas along several interpreted structural
corridors (Figure 1), aimed at enhancing confidence in the definition of drill targets. The soil-geochemical
sampling is designed to be completed on a ~200m by ~50m grid (~600 samples), providing resolution across
the interpreted structures.
Critical Resources Limited – www.critical resources.com.au
Level 45, 108 St George's Tce, Perth WA 6000
P: +61 (8) 9465 1024 E. info@criticalresources.com.au
ASX:CRR
Figure 2 - Location Plan of Critical Resources - Halls Peak tenure and regionally significant Hillgrove and Enmore with
regional structures.
Next Steps
•
The ~600 sample point soil mapping program is expected to be completed by the end of July, with final
assay results anticipated in late August.
•
The Company continues to progress the Amoco and Mayview Antimony-Gold Projects' maiden drill
programs through the applications for Assessable Prospecting Operations (APO) with the New South
Wales (NSW) Resources Regulator.
This announcement has been approved for release by the Board of Directors of Critical Resources.
For further information, please visit www.criticalresources.com or contact:
E: info@criticalresources.com.au
P: +61 (8) 9465 1024
Critical Resources Limited – www.critical resources.com.au
Level 45, 108 St George's Tce, Perth WA 6000
P: +61 (8) 9465 1024 E. info@criticalresources.com.au
ASX:CRR
ABOUT CRITICAL RESOURCES LIMITED
Critical Resources is an Australian mining company focused on the exploration and development of metals needed for
a sustainable future. The Company holds the Mavis Lake Lithium Project, located in Ontario, Canada, with drilling
exceeding 45,000 meters. This has defined a maiden inferred resource of 8 million tonnes at 1.07% Li2O, with significant
potential to expand this resource and identify new discoveries within the surrounding area.
The Company’s Hall Peak Base Metals Project is located ~87km south-east of Armidale, New South Wales, Australia. The
Company has defined a maiden Inferred Mineral Resource of 884,000t @ 3.7% Zn, 1.5% Pb, 0.4% Cu, 30g/t Ag and 0.1g/t
Au. The Hall Peak ~950 km2 exploration tenure includes two advanced antimony-gold prospects – Mayview and Amoco.
Figure 3 - Project Location map showing Halls Peak project area proximity to significant Antimony-Gold projects in the
Armidale region, NSW, Australia.
Halls Peak – Gibson Base Metals Project - Mineral Resource Estimate
Halls Peak Project
JORC Classification
Indicated
Inferred
Total*
Zn Cut-Off
grade (%)
2.0
-
Tonnage
(Mt)
0.84
0.84
Zn (%)
Pb (%)
Cu (%)
3.7
3.7
1.5
1.5
0.44
0.44
Ag ppm
(g/t)
30
30
Au ppm
(g/t)
0.1
0.1
*Reported at a cut-off grade of 2% Zn for an open pit mining scenario. Estimation for the model is from the generation of a rotated block model, with blocks
dipping 55 o >330o. Classification is according to the JORC Code Mineral Resource categories. Refer to the ASX:CRR announcement 30 June 2024.
Mavis Lake Lithium Project - Mineral Resource Estimate
Mavis Lake -Lithium Project
JORC Classification
Inferred
Total*
Li2O Cut-Off grade (%)
Tonnage (Mt)
Li2O (%)
0.3
8.0
8.0
1.07
1.07
*Reported at a cut-off grade of 0.30% Li2O for an open pit mining scenario. Estimation for the model is by inverse distance weighting. Classification is
according to the JORC Code Mineral Resource categories. Refer to ASX:CRR announcement 5 May 2023.
Critical Resources Limited – www.critical resources.com.au
Level 45, 108 St George's Tce, Perth WA 6000
P: +61 (8) 9465 1024 E. info@criticalresources.com.au
ASX:CRR
COMPETENT PERSON STATEMENT
The information in this ASX Announcement that relates to Exploration Results is based on information compiled by Mr
Michael Leu, a Competent Person who is a member of the Australian Institute of Geoscientists (AIG) and the Australian
Institute of Mining and Metallurgy (AusIMM) and a consultant of Critical Resources. Mr Leu has sufficient experience that
is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to
qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reserves”. Mr Leu consents to the inclusion in this Announcement of the matters based on his
information in the form and context in which it appears.
PREVIOUSLY REPORTED INFORMATION
This document contains information relating to the Mineral Resource estimate for the Mavis Lake Lithium Project, which is
extracted from the Company’s ASX announcement dated 5 May 2023 and reported in accordance with the 2012 JORC
Code and available for viewing at criticalresources.com.au. The Company confirms that it is not aware of any new
information or data that materially affects the information included in the original announcement and that all material
assumptions and technical parameters underpinning the Mineral Resource estimate continue to apply and have not
materially changed.
This information in this ASX Announcement that relates to the Halls Peak Mineral Resource Estimate is extracted from the
ASX market announcement dated 30 June 2023 and reported in accordance with the 2012 JORC Code and available
for viewing at criticalresources.com.au. The Company confirms that it is not aware of any new information or data that
materially affects the information included in any original announcement and that all material assumptions and technical
parameters underpinning the estimates in the original market announcement continue to apply and have not materially
changed.
This announcement contains information on the Halls Peak Project extracted from ASX market announcements dated 22
November 2021, 30 June 2023, 28 August 2024, 12 September 2024 and 3 October 2024, 8 November 2024, 19 November
2024 4 December 2024, 16 December 2024, 12 February 2025 and 20 March 2025 reported in accordance with the 2012
JORC Code and available for viewing at www.criticalresources.com.au. The Company confirms that it is not aware of
any new information or data that materially affects the information included in any original ASX market announcement.
FORWARD LOOKING STATEMENTS
This announcement may contain certain forward-looking statements and projections. Such forward-looking
statements/projections are estimates for discussion purposes only and should not be relied upon. Forward-looking
statements/projections are inherently uncertain and may therefore differ materially from results ultimately achieved.
Critical Resources Limited does not make any representations and provides no warranties concerning the accuracy of
the projections and disclaims any obligation to update or revise any forward-looking statements/projections based on
new information, future events or otherwise, except to the extent required by applicable laws. While the information
contained in this report has been prepared in good faith, neither Critical Resources Limited or any of its directors, officers,
agents, employees or advisors give any representation or warranty, express or implied, as to the fairness, accuracy,
completeness or correctness of the information, opinions and conclusions contained in this announcement.
Critical Resources Limited – www.critical resources.com.au
Level 45, 108 St George's Tce, Perth WA 6000
P: +61 (8) 9465 1024 E. info@criticalresources.com.au
ASX:CRR
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