Critical Minerals Group Limited Announces Results of the Final Assays Received from the Drilling Program At Its Project, the Lindfield Project
updated JORC resource expected to be completed in Second Quarter 2023. As previously announced, the high-grade intercepts of Alumina provide the Company confidence in commencing metallurgical studies on the potential for the Lindfield Project to be a dual commodity deposit. With all assay results from the maiden drilling program now received, the additional assays will be used to potentially develop a JORC resource for the Alumina contained within the Lindfield Project and metallurgical studies have now commenced. As previously announced, the Company is encouraged by the Queensland Government's statement of its commitment of $75 million to the Townsville Vanadium, HPA and critical minerals demonstration facility. Having now received the final assay results, as the Company continues to progress through the next phases of its exploration and evaluation of the Lindfield Project, it will continue discussions with government for its involvement with the facility.