Excellent news - and room to growExcellent news. CRE is green in a sea of red today.
and there is room to grow...
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There is an excellent potential to increase the size of the deposit at Rose itself and at the nearby additional showings on the Rose property, considerably and quickly", stated Jean- Sébastien Lavallée, President & CEO of Critical Elements Corporation.
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"The mineralized pegmatitic dykes are oriented N296 and show a shallow dip to the northeast averaging 15 degrees (locally from 5 to 20 degrees). The deposit was identified over a strike of 1,800 metres and remains open along strike and at depth."
"Based on lithium and tantalum grades, the deposit is, so far, only limited by topography. It is open along strike to the southeast and to the northwest as well as at depth."
"The block model indicates that the entire reported resource extends to a depth of 300 metres, which is limited by the existing drilling."
"There is considerable potential to increase tonnage with additional drilling of the known pegmatitic dykes at depth and along strike. In addition, the current geological setting suggests that there is a reasonable potential to identify new zones in the immediate environment. The authors believe that the gap between the "LR" drill holes and the "JR" drill holes exists because of the absence of drilling and that it should be drilled in order to link the two areas."
P-Air