CRR Receives Approval for Transfer of New Zealand Permits

Critical Resources Limited has received approval from New Zealand Petroleum and Minerals for the transfer of five prospecting permits in the Otago and Reefton regions to its subsidiary, consolidating a 1,694 km² gold-antimony portfolio. With Department of Conservation approval for Minimum Impact Activities, early-stage field programs are set to begin immediately. The company's New Zealand portfolio now includes six permits across highly prospective gold and antimony belts.

Managing Director Tim Wither comments that these approvals mark a significant milestone and enable the company to operate across its entire New Zealand portfolio. Exploration activities will focus on generating geological data to support future drilling decisions and advance the Cap Burn gold project. With a substantial land position in a Tier-1 jurisdiction, Critical Resources is optimistic about its early-stage gold portfolio in New Zealand.

Investors are encouraged to engage with the company and ask questions about the recent developments. The company plans to commence exploration activities, progress permitting, and advance drill planning at various project sites. Shareholders will continue to receive updates as field programs progress. For more information and to stay informed about ASX announcements and updates, visit the company's website or contact Critical Resources directly.