Critical Resources Limited has initiated its first Reverse Circulation drilling program at the Amoco gold-antimony project in New South Wales, targeting a significant geochemical anomaly with promising high-grade surface samples. The results, expected by mid-November 2025, could unlock new value in a historically mineralized region.
- Maiden 12-hole RC drill program underway at Amoco project in NSW
- Targets a +2km soil geochemical anomaly with gold up to 17.9 g/t and antimony up to 0.7%
- Additional 13 holes submitted for regulatory approval to extend drilling
- Drilling completion expected in October; assay results anticipated mid-November 2025
- Project located near Larvotto’s Hillgrove and Koonenberry Gold’s Enmore projects
Exploration Begins at Amoco
Critical Resources Limited (ASX – CRR) has commenced a maiden Reverse Circulation (RC) drilling program at its Amoco gold-antimony project, situated in the Armidale region of New South Wales. This initial phase involves 12 holes totaling approximately 1,000 meters, designed to test a priority target identified through extensive soil geochemistry and rock sampling.
The Amoco project stands out due to a striking +2km wide soil geochemical anomaly, with surface rock samples revealing gold grades as high as 17.9 grams per tonne and antimony concentrations up to 0.7%. These findings align with interpreted structural trends within the New England Fold Belt, a region known for its mineralization potential.
Strategic Location and Geological Context
Amoco’s proximity to established operations adds to its appeal. It lies roughly 19 kilometers southeast of Larvotto Resources’ Hillgrove Antimony-Gold Project and about 14 kilometers east of Koonenberry Gold’s Enmore Gold Project. Both neighbors have demonstrated the region’s capacity to host significant gold and antimony mineralization, underscoring Amoco’s potential.
The drilling program aims to systematically test the interpreted fault structures that control mineralization, providing critical geological insights that will guide future exploration efforts. Following the initial survey, Critical Resources has submitted an application to the NSW Resources Regulator for an additional 13 holes to be drilled, pending approval, to ensure comprehensive coverage of the target area while the rig remains onsite.
Looking Ahead
Drilling is expected to conclude by the end of October, with assay results anticipated by mid-November 2025. These results will be pivotal in determining the next steps for Amoco, potentially shaping subsequent drilling campaigns and advancing the project’s development. Meanwhile, Critical Resources continues to progress permitting for its Mayview Antimony-Gold Project, signaling a broader commitment to expanding its gold-antimony portfolio in New South Wales.
CEO Tim Wither expressed enthusiasm about the program, highlighting the early-stage nature of exploration at Amoco and the compelling geological setting. The company’s diversified portfolio, spanning Australia, Canada, and New Zealand, positions it well to capitalize on critical minerals demand, particularly in gold and antimony.
Bottom Line?
As drilling advances at Amoco, all eyes will be on the November assays to gauge the project’s true potential in a competitive gold-antimony landscape.
Questions in the middle?
- Will assay results confirm the high-grade gold and antimony indicated by surface samples?
- How will regulatory approval of additional holes impact the scope and timeline of drilling?
- What implications could Amoco’s success have for Critical Resources’ broader exploration strategy?