Critical Minerals (ASX: CMG) build dual commodity confidence at Lindfield

Critical Minerals Group have intersected shallow vanadium and alumina in the last 23  holes at its wholly owned Lindfield project near the town of Julia Creek in northwest Queensland.

The core samples have shown consistent thickness and grades, revealing potential for a dual commodity resource with a significant extension already defined.

Standout assays include 15.89m – 16.22m @ 0.70%, 6.50m – 6.90m @ 0.62% and 6.90m – 7.05m @ 0.65% vanadium oxide strikes alongside a 1m thick intercept grading at 18.9% aluminium oxide with noted potential as a feedstock for high purity alumina.

Cross section of the Lindfield deposit

The Alumina content discovered in the Lindfield Project potentially opens up a whole new high value product to our Vanadium deposit, with the potential for a dual commodity mining project,” CMG chief executive and managing director Scott Drelincourt said.

”Metallurgical analysis is underway and has early-stage indications that the Lindfield Project Alumina may be suitable for HPA production.

“We are very much looking forward to completing this analysis to see the value-add potential the Alumina brings to the Lindfield Project.”

Next Steps

CMG have accelerated its scoping study over Lindfield with strong confidence from both geology and results, with returns from resource upgrade works due in the second quarter of 2023.

CRITICMIN FPO [CMG]

Sector: Basic Materials

Industry: Other Industrial Metals & Mining

Employees:

Critical Minerals Group Limited focuses on acquiring, developing, and producing critical mineral deposits used for energy storage and renewable energy applications. The company explores alumina, vanadium, molybdenum, copper, and gold deposits. The company's flagship project is the Lindfield project located in Julia Creek, north-west Queensland. The company was incorporated in 2021 and is headquartered in Brisbane, Australia.

Please note the following valuable information before using this website. 

Independent Research 

Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified.