en.Wedoany.com Reported - Critica is advancing scoping studies for its Jupiter Rare Earths Project and Mt Lindsay Tin-Tungsten Project, both scheduled for completion in the September quarter, to drive the company's critical minerals strategy. The company has secured non-dilutive funding and become a member of a U.S. defense collaboration program.
For the Jupiter project, Critica has completed resource optimization work and is about to update the resource estimate using data from 145 infill drill holes. The study will incorporate results from the beneficiation stage, which upgraded ore grades by 14 times and recovered 81% of magnetic rare earth oxides. Meanwhile, Critica is advancing a resource update for the Mt Lindsay project, evaluating the extraction of critical metals through updated modeling and conducting offtake negotiations with partners. The company is also assessing a low-environmental-footprint underground development strategy for the project.
These developments build on Critica's inclusion in the U.S. Defense Industrial Base Consortium. This consortium provides a pathway for the company to collaborate with the U.S. Pentagon, aiming to strengthen strategic partnerships and access to supply chain initiatives. Critica has also secured A$300,000 in non-dilutive funding from the Western Australian School of Mines and the RTCM Trailblazer project to accelerate metallurgical development for the Jupiter project.
Critica CEO Jacob Deysel stated that over the past year, the company has systematically advanced the Jupiter and Mt Lindsay projects across multiple work streams. For the Jupiter project, the company has completed extensive resource optimization work, achieved excellent beneficiation results, produced commercial-grade mixed rare earth carbonate and mixed rare earth oxide products, and initiated product certification activities. These results continue to de-risk the project and strengthen the technical foundation for the scoping study. For the Mt Lindsay project, strengthening fundamentals in the tin and tungsten markets have reinforced its strategic value, and the company is reassessing one of Australia's largest undeveloped tin-tungsten projects. The proposed underground development would reduce the environmental footprint and enhance the project's economic viability.
The Jupiter project, located in Western Australia's Mid-West region, is a large-scale project with 1.8 billion tonnes at 1,700 ppm total rare earth oxides (TREO), including a high-grade component of 500 million tonnes at 2,200 ppm TREO. Since the resource announcement in February 2025, the company has completed 145 drill holes totaling 7,265 meters, along with 1,204 meters of drilling at the Juno deposit and additional drilling at regional targets such as Aurora. The infill program targeted high-grade zones within the existing resource, supporting the evaluation of selective mining opportunities and high-grade feed strategies. Data validation and resource optimization work are largely complete and will be handed over to SRK Consulting for resource estimation. The updated resource will support subsequent mine planning and study activities. Metallurgical development continues to yield excellent results, with test work indicating that approximately 63% of gallium can be extracted into solution during the rare earth recovery process.
The Mt Lindsay Tin-Tungsten Project, located in Tasmania, provides exposure to both tin and tungsten, two critical minerals facing significant supply chain constraints in the Western world. The deposit is situated within a world-class tin-tungsten province with historical production exceeding A$12 billion, containing resources of 81,000 tonnes of tin and 32,000 tonnes of tungsten, remaining open at depth. The project benefits from existing mining leases and infrastructure such as the Port of Burnie. Current work streams include updating geological modeling and resource optimization, aimed at supporting the scoping study planned for completion in the September quarter.
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