Critical Resources Limited advised that it has extended the current drilling campaign at the Gibsons prospect, to test the extent of mineralization discovered through the current campaign. The Company sought and has received approval from the Resources Regulator or an additional five drill holes at its 100% owned Gibsons prospect located on its Halls Peak Tenement in New South Wales. The Company announced approval has been received for 1,000m of additional drilling which aims to test the extent of the mineralization seen throughout the drill program at date.

These additional holes are designed to gather information in areas previously untested by prior drill programs, with the aim of extending the mineralization extent across the Halls Peak Project. The 100% owned Halls Peak project is located in New South Wales approximately 45km South-East of Armidale in the New England Fold Belt, an area well known for its mineral endowment and production. The Halls Peak massive sulphide deposits were discovered in 1896 where near surface mining extracted high-grade Zinc, Lead, Copper and Silver.

Recent exploration at the Gibsons prospect has yielded excellent high-grade intersections of zinc, lead, copper and silver. Halls Peak is considered to have potential to contain world class deposits similar to those already being mined in northern Australia. The project area comprises multiple historic mines and prospects including Gibsons, Sunnyside, Firefly, Faints, Khans Creek, Keys and Mickey Mouse.

All current exploration activities are focused on exploration license EL 4474 with primary targets being the Gibsons and Sunnyside prospects. A summary of the project location.