Critical Resources Unveils Major Gold-Antimony-Silver System at Halls Peak
Critical Resources Limited reports a significant multi-commodity discovery at its Halls Peak Project in NSW, featuring a major gold-antimony-silver system at Amoco and exceptional silver grades at Gibsons.
- Emerging orogenic gold-antimony-silver system confirmed at Amoco
- Exceptional high-grade silver mineralisation at Gibsons with grades up to 3,780 g/t Ag
- Land access negotiations progressing at Mayview Antimony Prospect
- Petrographic analyses reveal late-stage mineralising fluids overprinting VHMS system
- Next phase includes targeted drilling and soil-geochemistry surveys
A New Multi-Commodity Frontier at Halls Peak
Critical Resources Limited (ASX, CRR) has delivered a compelling update on its Halls Peak Project in New South Wales, revealing a burgeoning multi-commodity discovery pipeline that spans gold, antimony, and silver. The company’s latest petrographic analyses and drilling results spotlight a major orogenic gold-antimony-silver system emerging at the Amoco prospect, alongside exceptional silver mineralisation at the Gibsons base metals project. Meanwhile, progress on land access at the Mayview Antimony Prospect sets the stage for further exploration.
Amoco, A District-Scale Orogenic System
Petrographic studies of maiden drill samples from Amoco confirm a late-stage, shallow-level orogenic lode system that has overprinted an earlier volcanic-hosted massive sulphide (VHMS) deposit. This mineralisation style is analogous to the nearby Hillgrove deposits operated by Larvotto Resources, known for their gold-antimony-silver richness. Surface sampling at Amoco has returned impressive grades, including up to 17.9 g/t gold, 0.7% antimony, and 53.2 g/t silver, underscoring the prospect’s high-grade potential.
The geological setting features quartz-rich hydrothermal breccias and vein infills with multiple pulses of mineralising fluids, forming zones with up to 20% sulphide minerals. Alteration assemblages typical of epithermal to mesothermal conditions further support the orogenic gold system interpretation. Structural modelling highlights major fault conduits that likely channelled mineralising fluids, reinforcing Amoco’s potential as a significant discovery corridor.
Gibsons, Exceptional Silver Grades Confirmed
The Gibsons Project, already hosting an inferred mineral resource of 840,000 tonnes at notable zinc, lead, copper, silver, and gold grades, continues to impress with drilling results revealing multiple stacked silver-bearing lodes. Several intercepts boast ultra-high silver grades exceeding 900 g/t, with standout assays including 3,780 g/t, 1,900 g/t, and 1,750 g/t silver. These lodes extend beyond current resource boundaries, suggesting ample scope for near-term resource expansion.
Two distinct silver mineralisation styles are evident at Gibsons, massive sulphide-hosted silver associated with base metals, and a structurally distinct black shale-hosted silver system where silver occurs as tetrahedrite disseminated in altered shale. This dual system broadens the exploration footprint and offers multiple targets for follow-up drilling.
Mayview, Advancing Antimony-Gold Prospects
At Mayview, adjacent to Larvotto’s Hillgrove Antimony-Gold operations, Critical Resources is advancing land access negotiations to enable exploration over historic antimony workings. Rock-chip samples here have returned exceptional antimony grades up to 52.3% and gold up to 2.71 g/t, indicating potential for a Hillgrove-style orogenic Sb-Au system extension. The company plans a low-impact soil-geochemistry survey once access is secured, aiming to delineate targets for future drilling.
Looking Ahead, Targeted Exploration and Growth
Critical Resources is poised to integrate the new petrographic insights into refined geological models at Amoco, focusing on high-priority gold-antimony zones for upcoming drilling campaigns. Concurrently, the Gibsons Project will see targeted drilling to test down-dip extensions and untested shale horizons, aiming to expand both metal tonnage and grade. Progress at Mayview will depend on securing land access, with exploration activities planned to follow.
Collectively, these developments position Critical Resources’ Halls Peak Project as a promising multi-commodity district-scale portfolio, leveraging geological analogies to established deposits and delivering a diversified pipeline of precious, base, and critical minerals.
Bottom Line?
Critical Resources’ Halls Peak advances as a multi-commodity hotspot, with upcoming drilling set to test its high-grade potential.
Questions in the middle?
- How will upcoming drilling at Amoco refine the understanding of gold-antimony mineralisation extents?
- Can Gibsons’ exceptional silver grades translate into a significantly expanded resource base?
- What timeline and terms will govern land access and exploration at Mayview?