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Why are Critical Resources Limited's Assay Results at Mavis Lake Significant? Critical Resources Limited

Why are Critical Resources Limited's Assay Results at Mavis Lake Significant?

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Critical Resources Limited, a company focused on lithium exploration and project development, has reported promising assay results from their Mavis Lake Lithium Project in Ontario, Canada. The latest assays have confirmed and extended the recently discovered Swell Zone, revealing a thick, high-grade mineralized structure that starts from the surface and extends over 1km in strike. This discovery validates previous drilling results and indicates significant resource potential.

Discovering a 1km Strike Length of Swell Zone

Recent drilling at Mavis Lake has revealed a crucial connection between previous drilling results, confirming the existence of the Swell Zone and showcasing considerable resource upside.

Key Highlights of the Assay Results:

The latest assay results have demonstrated continuity with previous drilling and revealed thick, high-grade mineralization.

The Swell Zone, a significant discovery, extends over 1 kilometer in strike from east to west and starts from the surface.

Notable new assay results include:

Drill-hole MF23-226: Intersected the Swell Zone at a depth of 205.

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6m, with a concentration of 1. 06% Li2O over 31. 55m, and an additional high-grade intercept called the 'Lower Zone' with a concentration of 1. 44% Li2O over 20. 7m, starting at a depth of 339. 3m.

Drill-hole MF23-228: Showed multiple intercepts, such as 16. 8m with a concentration of 1. 18% Li2O starting from a depth of 177. 05m, 12. 85m with a concentration of 1. 39% Li2O starting from a depth of 208. 1m, and 14. 85m with a concentration of 1. 25% Li2O starting from a depth of 333. 25m.

In addition to these assay results, Critical Resources is actively engaged in various project development workstreams, including environmental studies, metallurgical test work, mining studies, and project economic analysis.

Further results are pending from Main Zone drilling at Mavis Lake, as well as drill-target generation field work at the Project's northern prospects.

With these significant assay results, Critical Resources Limited is poised to enhance its understanding of the lithium potential at Mavis Lake and advance project development with a comprehensive approach.

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