
May 25, 2022
Critical Resources Limited (ASX:CRR) (“Critical Resources” or the “Company”) is pleased to advise that it has received assay results from its 10th and 11th drill holes at its 100% owned Gibsons prospect. Diamond drill holes CRR21DD_04 (“Hole 04”) and CRR21DD_02 (“Hole 02”) have intersected further zinc, lead, copper, and silver bearing zones of sulphide mineralisation. Both Hole 04 and Hole 02 are step out holes that continue to demonstrate the potential of the mineralised extent of the Halls Peak system.
Highlights
Hole 04
- 6.91m @ 9.41% Zn, 2.45% Pb, 1.56% Cu, 34.6g/t Ag from 98.04-104.95m downhole
- Including 1.69m @ 13.82% Zn, 2.08% Pb, 4.26% Cu, 64.37g/t Ag from 103.26 – 104.95m downhole
- 5.6m @ 8.20% Zn, 4.33% Pb, 1.81% Cu, 393.23g/t Ag, from 75.1-80.7m downhole
- Including 1.65m @ 14.79% Zn, 7.61% Pb, 3.17% Cu, 807.55g/t Ag from 77.05 – 78.7m downhole
- 4.9m @ 3.91% Zn, 1.24% Pb, 0.15% Cu, 8.55g/t Ag, from 58.60-63.5m downhole
Hole 02
- 17.75m @ 2.20% Zn, 1.28% Pb, 0.18% Cu, 19.34g/t Ag from 87.8-105.55m downhole
- Including 1.1m @ 7.45% Zn, 4.36% Pb, 0.67% Cu, 43g/t Ag from 90.3–91.4m downhole and
- Including 1.4m @ 10.4% Zn, 7.53% Pb, 0.48% Cu, 33.8g/t Ag from 99.6–101m downhole
- Previously untested areas continue to provide consistent mineralisation at depth
- Cores from completed holes 14, 15 and 16 are currently being assayed at the ALS laboratory in Brisbane with results expected progressively
The Company is pleased to receive further assays from Hole 02 and Hole 04 at its 100% owned Halls Peak project in New South Wales. Results continue to demonstrate the scale potential of the Halls Peak system, particularly at depth. Results continue to provide strong support for an expanded drill program.
Critical Resources Managing Director Alex Biggs said:
“We’re continuing to see some fantastic intersections at Gibsons that are demonstrating the potential of the Halls Peak system. Drilling is ongoing across multiple targets as we look to start to further define the potential scale at Halls Peak. The asset is shaping up as potentially transformational for the Company and we look forward to updating the market with more exciting results”.
Summary of Key Polymetallic Intersections
Hole 04
- 4.9m @ 3.91% Zn, 1.24% Pb, 0.15% Cu, 8.55g/t Ag, 0.04g/t Au, from 58.60-63.5m downhole
- 5.6m @ 8.20% Zn, 4.33% Pb, 1.81% Cu, 393.23g/t Ag, 0.51g/t Au from 75.1-80.7m downhole
- Including 1.65m @ 14.79% Zn, 7.61% Pb, 3.17% Cu, 807.55g/t Ag, 0.45g/t Au from 77.05 – 78.7m downhole
- 6.91m @ 9.41% Zn, 2.45% Pb, 1.56% Cu, 34.6g/t Ag, 0.23g/t Au from 98.04-104.95m downhole
- Including 1.69m @ 13.82% Zn, 2.08% Pb, 4.26% Cu, 64.37g/t Ag, 0.37g/t Au from 103.26 – 104.95m downhole
Hole 02
- 17.75m @ 2.20% Zn, 1.28% Pb, 0.18% Cu, 19.34g/t Ag, 0.09g/t Au from 87.8-105.55m downhole
- Including 1.1m @ 7.45% Zn, 4.36% Pb, 0.67% Cu, 43g/t Ag, 0.24g/t Au from 90.3– 91.4m downhole and
- 1.4m @ 10.4% Zn, 7.53% Pb, 0.48% Cu, 33.8g/t Ag, 0.14g/t Au from 99.6–101m downhole

Click here for the full ASX Release
This article includes content from Critical Resources (ASX:CRR), licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
CRR:AU
The Conversation (0)
21 June 2022
Critical Resources
High-grade Lithium Portfolio, in a Tier 1 Location, Aligned with the World’s Green Energy Transition
High-grade Lithium Portfolio, in a Tier 1 Location, Aligned with the World’s Green Energy Transition Keep Reading...
21 January
Official signing of the Portuguese State Grant
Savannah joins other grant recipient companies at official signing ceremony
Savannah Resources Plc, the developer of the Barroso Lithium Project in Portugal, a 'Strategic Project' under the European Critical Raw Materials Act and Europe's largest spodumene lithium deposit (the 'Project'), was delighted to join with other recipients of State grants yesterday at the... Keep Reading...
21 January
Excellent Results from 2025 Core Drilling Program at McDermitt
Jindalee Lithium Limited (Jindalee, or the Company; ASX: JLL, OTCQX: JNDAF) is pleased to report assay results from the drilling program at the McDermitt Lithium Project completed late 2025. All holes returned strong lithium and magnesium intercepts from shallow depths, including:R92: 36.5m @... Keep Reading...
08 January
Top 5 US Lithium Stocks (Updated January 2026)
The global lithium market enters 2026 after a punishing 2025 marked by oversupply, weaker-than-expected EV demand and sustained price pressure, although things began turning around for lithium stocks in Q4. Lithium carbonate prices in North Asia fell to four-year lows early in the year,... Keep Reading...
07 January
5 Best-performing ASX Lithium Stocks (Updated January 2026)
Global demand for lithium presents a significant opportunity for Australia and Australian lithium companies.Australia remains the world’s largest lithium miner, supplying nearly 30 percent of global output in 2024, though its dominance is easing as other lithium-producing countries such as... Keep Reading...
05 January
CEOL Application for Laguna Verde Submitted
CleanTech Lithium PLC ("CleanTech Lithium" or "CleanTech" or the "Company") (AIM: CTL, Frankfurt:T2N), an exploration and development company advancing sustainable lithium projects in Chile, is pleased to announce it has submitted its application (the "Application") for a Special Lithium... Keep Reading...
29 December 2025
SQM, Codelco Seal Landmark Lithium Joint Venture in Salar de Atacama
Sociedad Quimica y Minera (SQM) (NYSE:SQM) and Codelco have finalized their long-awaited partnership, forming a new joint venture that will oversee lithium production in Chile’s Salar de Atacama through 2060.SQM announced on Saturday (December 27) that it has completed its strategic partnership... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






