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NZ Tungsten Target Permit Expansion Application Lodged

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NZ Tungsten Target Permit Expansion Application Lodged

Critical Resources Limited (ASX:CRR) has lodged an Extension of Land (EOL) application with New Zealand Petroleum and Minerals (NZP&M) to extend the Croesus gold and tungsten Project (PP61277). This extension covers the western continuation of the Barrytown Granite, the host intrusion for tungsten mineralisation at Granite Creek. Greisen alteration and quartz veining have been confirmed, supporting the interpretation of a broader tungsten system. The global tungsten market has seen prices rise significantly, making this extension strategically significant. Further fieldwork and assays are planned at Croesus and Lammerlaw.

Tungsten is a critical mineral with rising demand, and the Company's New Zealand portfolio provides exposure to strategic mineral regions. Ongoing activities include progressing the EOL application, assay results from Croesus, and planning follow-up fieldwork and drilling. With the increasing importance of tungsten and critical minerals, Critical Resources is well-positioned for growth. Investors are encouraged to visit our website for more information or contact us directly with any questions.

AI-Generated Summary: This content may contain inaccuracies. Neither the Company nor InvestorHub assumes responsibility for its accuracy. Please refer to the full announcement before making any investment decision.

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