Critical Resources has expanded its Suriname gold strategy to three projects covering about 228 km² under exclusivity, while advancing exploration in New Zealand and Canada and laboratory-stage battery technology. The company ended September with A$1.58 million in cash and an estimated 1.87 quarters of funding based on reported outgoings.
Critical Resources has secured exclusivity to acquire 90% of a 29 km² Suriname exploration project just 4 km from Zijin’s producing Rosebel mine. The strategic land position expands the company’s prospective Suriname portfolio, but the project has no reported exploration results, resources or reserves.