Critical One Energy (CSE:CRTL) reports gold mineralisation and extended ‘high-grade’ antimony zones at its Howells Lake Antimony‑Gold Project in northwestern Ontario, Canada.
Hole HWL‑2026‑016 returned ‘high-grade’ antimony results, extending the mineralised footprint approximately 70m northeast of previous holes.
New assay results confirm additional near‑surface antimony mineralisation and the northeast extension of a ‘high‑grade’ antimony zone.
Results include 4.1m @ 2.87% antimony (Sb) from 18.2m, 2.2m @ 4.09% Sb from 22.3m, and 1.1m @ 3.42% Sb from 25.5m. Gold mineralisation includes 3.3m @ 1.02 grams per tonne gold (Au) from 15.9m and 2.2m @ 1.14g/t Au from 22.3m in the same hole.
“The grade profile and continuity of high-grade, near-surface antimony continue to validate management’s confidence in the Howells Lake Project and further support our potential direct-shipping scenario,” CEO Duane Parnham says.
“The bonus is that this new high-grade gold discovery adds another potential source of financial value to the deposit.”
Critical One Energy will continue drilling northeast and down‑dip along the interpreted ‘high‑grade’ antimony structure, which dips approximately 55 degrees northeast and remains open for follow‑up drilling.
The project is located in the Thunder Bay Mining Division approximately 120km west of the Ring of Fire access corridor.
Write to JC Villarba at Mining.com.au
Images: Critical One Energy
