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
Red Centre in the Northern Territory

Charger shares move up as it completes Bynoe acquisition in NT

Charger Metals NL has completed its acquisition of the Bynoe Lithium Project, comprising a largely unexplored…
Pancreatic cancer 3D illustration

Smallcap Radiopharm notches +12% jump on pancreatic cancer imaging win

Radiopharm Theranostics (ASX:RAD) has seen the safety profile of its pancreatic cancer imaging drug RAD 301…
Copper trading USD concept

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

Copper prices slump; Trump Wall Street rally fades; US health stocks dip on RFK appointment –…
The Market Online Video

HotCopper Highlights: Your most watched stocks for Week 46, 2024

What you - HotCopper users - were most interested in viewing and discussing this week (Week…