Critical Resources Limited advised of further excellent drilling results at the Company's 100%- owned Mavis Lake Lithium Project in Ontario, Canada. The Company's strategy to test new outcrops, adjacent to the Main Zone, as well as concurrently testing extensions of the Main Zone (laterally and at depth) builds upon recent success. Intercepts in the South Zone surround outcrops which have not previously been drill tested.

The Company's drilling program will continue to test and assess these and other mapped pegmatites, in order to develop a greater understanding of the sub-surface structures and associated mineralisation. These early-stage drilling targets are already showing great potential. The testing of the down-dip extension of the Main Zone continues to intercept thick spodumene- bearing pegmatites.

The Main Zone remains open at depth. All results will be incorporated into the Maiden Mineral Resource Estimate currently being prepared. Delivery of assay data, currently backlogged at the laboratory, will dictate the timeline to complete the mineral resource estimate.

In addition to an ongoing drilling program at Mavis Lake, technical and environmental studies are underway to support a pending Scoping Study for the Mavis Lake Project. The Company is awaiting assays from samples collected from more than 47 individual drill holes and will update the market as details are made available.