Halls Peak, NSW. Source: National Parks NSW
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Critical Resources (CRR) has resumed drilling at the Gibson prospect within the Halls Peak project in New South Wales
  • So far, 650 metres of the 2500 metre program has been completed across five holes at the zinc, lead, copper and silver asset
  • Visual massive sulphide intervals and disseminated sulphide mineralisation has been intersected in four of the holes
  • Shares in CRR were up 4.2 per cent at 5 cents

Critical Resources (CRR) has resumed drilling at the Gibson prospect within the Halls Peak project in New South Wales.

Halls Peak contains massive sulphide deposits, where near surface mining in 1896 extracted high-grade zinc, lead, copper and silver.

The materials stock said five holes for 650 metres had been completed to date, with 2500 metres to be completed as part of the program.

Visual massive sulphide intervals and disseminated sulphide mineralisation has been intersected in four of the five holes.

Critical Resources Managing Director Alex Biggs said he was pleased with the results to date.

“We are pleased to recommence drilling at Halls Peak,” Mr Biggs said.

“The drill campaign has so far provided excellent results and we continue to gain an increased understanding of the deposit. We look forward to completing the outstanding drill holes and updating the market with further results in due course.”

Shares in Critical Resources were trading up 4.2 per cent at 5 cents at 11:30 am AEDT.

CRR by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX holds green gains and signs off in the sunshine

The ASX200 closed .6 of a per cent up with every sector finishing in the green…
The Market Online Video

Infini Resources gearing up for UAV geophys survey over Portland Creek

Infini Resources has announced its execution of an application for UAV-based geophysical surveys over its Portland…

Week 18 Wrap: Fed prompts joy and pain; modern monetary theory gains traction & Brent takes a breather

The big stories that mattered in Week 18 of 2024 – plus a selection of headlines…