Critical Resources LtdASX: CRR

NZ Tungsten Target Permit Expansion Application Lodged

· Issued by Critical Resources Ltd

Filed with ASX · · 5 pages · English

Summary by 6ix AI

Critical Resources Ltd has lodged an application for an Extension of Land with New Zealand Petroleum and Minerals to expand the Croesus gold-tungsten Project area, which is associated with tungsten mineralisation at Granite Creek. Recent fieldwork confirmed greisen alteration and quartz veining at multiple locations within the Granite Creek catchment, supporting the interpretation of a broader tungsten system. The global tungsten market has seen significant price increases due to supply constraints and rising demand, making this project strategically important.

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