Critical Resources rises on confirming lithium mineralisation at Ontario project

Critical Resources

16/06/2022 02:22

** Shares of Critical Resources  CRR.AX  climb as much as
3.7% to A$0.056, their best day since June 3, if gains hold
    ** The Australian lithium exploration firm says drilling at
its Mavis Lake project in Ontario, Canada confirmed lithium
mineralisation  urn:newsml:reuters.com:*:nASX4xdPkS
    ** Stock hits highest since June 10
    ** Says 24 out of the 25 holes completed under the
5000-metre drilling effort at the Mavis Lake project have
intersected spodumene-bearing pegmatite mineralisation
    ** Co says is continuing drilling at Mavis Lake and has
plans to extend the program to cover 10,000 metres
    ** CRR up 42.1% YTD as of last close 
    


 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))