Critical Resources Limited advised that it has received assays from verfication sampling of drill core and pegmatite outcrop rock chip samples from its 100% owned Mavis Lake project in Ontario, Canada. The verification assays confirm the presence of high grade lithium mineralisation both in historic drill core and new rock chip samples at the Pegmatite 6 (Fairservice) and Pegmatite 18 prospects. The company has received assays which were completed as part of the due diligence work program at Mavis Lake.

The verification samples have returned assays up to 3.06% Li 2O and confirm the highly prospective nature of the Mavis Lake project. Mavis Lake Project Description: The Mavis Lake Lithium Project is located approximately 20 kilometres east of the town of Dryden, Ontario. The Project is in close vicinity to the Trans-Canada highway and railway, with major transportation arteries linking the project areas with large cities such as Thunder Bay, Ontario to the southeast and Winnipeg, Manitoba, to the west.

The region boasts excellent infrastructure with hydro-power located a few kilometres to the south-west of the project. The region is a well-established lithium exploration and development province, with multiple projects located within the vicinity. Previous drill programs have yielded high-grade Li2O intercepts including 55.25m at 1.04% Li2O from 80.75m in drill hole MF18-53 and 26.30m at 1.70% Li2O from 111.9m inc. 7.70m at 2.97% Li2O from 130.5m in drill hole MF17491, presenting significant exploration potential.