Gold Confirmed at Devils Creek & New Target at Lammerlaw NZ
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Gold Confirmed at Devils Creek & New Target at Lammerlaw NZ
In the latest announcement, Critical Resources Limited has confirmed high-grade gold at Devils Creek in New Zealand, with rock-chip samples returning grades up to 5.42 g/t. Soil geochemistry has also defined new anomalies and targets, indicating potential gold mineralization. This follows the completion of a first-pass field program at the Lammerlaw Gold Project, highlighting the early-stage exploration progress.
Managing Director Tim Wither noted the positive results at Devils Creek and the identification of a new, untested target, aligning with the company's exploration model. The Company plans to conduct further mapping, rock-chip sampling, and soil sampling to advance both targets. Ongoing catchment-water trace-element sampling will help refine targets for potential drilling.
Investors are encouraged to review the detailed results in the announcement and can inquire about the Company's future exploration plans or for further information. The Company's focus remains on advancing exploration at Lammerlaw and other projects in the New Zealand portfolio, with a commitment to sustainable resource development.
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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