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An update from Venture Minerals Limited ( (AU:CRI) ) is now available.
Critica Limited has announced the release of a mining bond with Mineral Resources Tasmania, resulting in a return of A$585,000. This return bolsters Critica’s cash position, enabling continued progress on the Jupiter Rare Earths Project as they anticipate the release of a maiden Mineral Resource Estimate (MRE) soon. The project is the first of six discoveries in the Brothers Project area, with substantial drilling completed and further metallurgical testwork underway, highlighting significant potential for future exploration and development.
More about Venture Minerals Limited
Critica Limited operates in the mining industry, focusing primarily on rare earths extraction and development. The company is advancing its high-grade Jupiter Rare Earths Project, part of the broader Brothers Clay-Hosted Rare Earths Project, located in Western Australia. This project benefits from its strategic location within the infrastructure-rich Yalgoo mining precinct, providing easy access to local labor centers and significant infrastructure.
YTD Price Performance: 42.86%
Average Trading Volume: 250,500
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $23.42M
See more insights into CRI stock on TipRanks’ Stock Analysis page.
