While Mavis Lake is the flagship project, Critical is anything but a one-trick pony. The company holds a diversified portfolio that includes the Halls Peak base metals project in New South Wales and a growing gold and critical minerals portfolio in New Zealand. At Halls Peak, the company has an existing inferred resource of 840,000 tonnes at 3.7 per cent zinc, 1.5 per cent lead and 0.44 per cent copper. However, it’s the spectacular silver grades that is causing pulses to quicken, with one historical
drill hole returning a stunning 1.15m intercept at a bonanza 3.780 kilograms per tonne silver. Across the ditch in New Zealand, the company holds an extensive 1694-square-kilometre ground package prospective for gold, antimony and tungsten. However, it’s the company’s move into downstream battery technology that perhaps sets it apart from the pack of conventional lithium explorers. In parallel with its exploration work, Critical is advancing an integrated solid-state battery evaluation program in the United States to access the full lithium value chain. With a swag
of newly identified pegmatites at its main game in Canada and a pipeline of high-grade prospects bubbling away in the background, Critical has certainly opened up the potential of its northern corridor at Mavis Lake. Now, with assays from more than 100 rock chips pending, all eyes will be on the lab to see exactly what lies on the other side. Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
Critical, Mavis Lake, Canada, lithium, pegmatites, rock chips, assays pending, Halls Peak, New South Wales, zinc, lead, copper, silver, New Zealand, gold, antimony, tungsten, solid-state battery, downstream battery technology, ASX
Pegmatites? So like rocks that are somehow supposed to be money?
I swear every lithium company says “solid-state battery” now. Does that mean it’s already working or just waiting on a lab like they said here?
1.15m at 3.780 kg/ton silver sounds insane but also I’ve seen “stunning intercepts” before and then it turns out to be like one random hole. Also why is this in Canada if they’re talking about ASX? Seems weird.
Downstream battery tech is the part I don’t trust, because “solid-state evaluation program” sounds like marketing. Meanwhile they mention zinc/lead/copper/silver and I’m just like… so what’s the main product, batteries or mining? And those rock chips pending, like when are we supposed to know anything? lol