Accesswire
09 Jun 2026, 10:30 UTC · 2h ago
Critical Elements Announces the Start of A 10,000-Meter Summer Drill Program at Rose West
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Accesswire
09 Jun 2026, 10:30 UTC · 2h ago
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4 claims · impact-rated
Critical Elements is initiating a 10,000-meter Summer 2026 drilling program at its 100% owned Rose West project to expand the mineralized footprint. — Aggressive exploration drilling is a primary catalyst for resource growth and value appreciation in junior mining companies.
+0.60Previous Winter 2026 drilling expanded the mineralized footprint at Rose West from 450m x 370m to 1,250m x 800m. — A significant increase in the known footprint of the deposit suggests higher potential tonnage and project scalability.
+0.50Winter 2026 drilling identified three new spodumene-bearing pegmatitic bodies and delivered high-grade lithium assays, including values up to 2.22% Li2O. — High-grade intercepts and the discovery of new mineralized bodies reduce geological risk and increase the probability of a commercial deposit.
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The broader Rose project has conditional funding support totaling approximately C$170M from a Canadian financial institution and the Critical Minerals Infrastructure Fund. — Secured conditional financing mitigates capital risk and provides a path toward development for the project.
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Model heads
The company is launching a new drill program following successful winter results that expanded the mineralized footprint and identified high-grade lithium assays.
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