Critical Resources Limited Launches 3km x 2km Soil-Geochemistry Program at Amoco Gold-Antimony Project to Accelerate Maiden Drilling in NSW
Thursday, July 10, 2025
at
8:24 am
Critical Resources Limited has launched a targeted soil geochemistry program at its Amoco Gold-Antimony Project in NSW. This systematic survey, based on encouraging rock sample results, aims to enhance drill target confidence with ~600 samples, with assay results expected by late August.
Critical Resources Limited has initiated a detailed systematic soil geochemistry program at its Amoco Gold-Antimony Project in New South Wales, Australia. The program covers an area of approximately 3km by 2km, with a planned grid of about 200 by 50 meters and roughly 600 sampling points. The aim is to enhance drill target confidence through modern geochemical assay techniques that provide improved detection limits for key elements, including gold and antimony. Initial rock sampling conducted during field mapping in May 2025 revealed notable mineralisation, with gold values in rock samples ranging up to 17.9 g/t, antimony up to 0.7%, and silver up to 80 g/t, underpinning the project’s potential in a historically productive antimony-gold corridor.
The program, focused on areas along interpreted structural corridors within the New England Fold Belt, builds on encouraging geological data that suggests a continuation of high-grade mineralisation. Critical Resources Limited is also advancing applications with the New South Wales Resources Regulator to secure permissions for its maiden drill program at Amoco and another project, Mayview. The final assay results from the soil sampling are expected in late August, and these will be crucial in defining the extent of the mineralisation and in moving the project into its next phase of drilling.
There is a bullish sentiment around the news. The commencement of an extensive, high-resolution soil geochemistry survey indicates strong technical progress, and the promising assay figures from initial rock chip samples add further confidence among investors. Being situated along key structural trends with proven mineralisation in nearby projects also supports the potential for significant discoveries and value appreciation.
Conversely, some caution remains as the project’s future is contingent on the forthcoming assay results and regulatory approvals. Delays or unexpected issues in the soil sampling or drilling phases could temper the optimism despite the promising early data. Overall, Critical Resources Limited’s methodical approach and modern assay techniques demonstrate a commitment to refining its geological model and target identification, providing a solid technical foundation that will be crucial as the project moves forward.