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Croesus Finds Gold and Antimony
Description
Critical Resources just hit gold—literally—with high-grade discoveries at their Croesus project in New Zealand, revealing a promising gold-antimony system in the historic Reefton Goldfield. Samples clocked in at 13.3 g/t gold and 0.7% antimony, with mineralisation found both in old ore spillages and bedrock, pointing to a structurally controlled system. Beyond gold, the project’s antimony potential is a major win, as antimony is a critical mineral with soaring prices and government designation. The company’s now focused on mapping source structures and drilling targets, while also awaiting tungsten results. This is a strategic play for Critical Resources’ expanding critical minerals portfolio in New Zealand.
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