Critical Resources Limited has completed a desktop geological review of historical exploration datasets across its Silver Peaks project in Otago, New Zealand, defining three priority gold-antimony targets.

The review focused on the 497.69 square kilometre Prospecting Permit PP 61275, in which Critical Resources holds a 90 percent interest through its wholly owned subsidiary Goldfire Resources Limited. The compilation evaluated more than 1,250 historical soil and stream-sediment records alongside regional mineral occurrence data to refine targeting across the permit area.

The work has established three distinct priority areas: Lamb Hill-Three O'Clock, Stone Burn South, and the Northern Soil Anomaly. The Lamb Hill-Three O'Clock target combines a six-sample gold-arsenic stream anomaly and two historical antimony lodes within an interpreted northwest-trending mineralised structural corridor. Stone Burn South incorporates historical stream-sediment results of 45.2 parts per billion gold and 39.3 parts per billion gold, supported by portable X-ray fluorescence soil results reaching up to 68 parts per million arsenic and 17 parts per million antimony. The Northern Soil Anomaly features a cluster of gold-arsenic soil results, including a composite returning 16.0 parts per billion gold with 34 parts per million arsenic, and an isolated site containing 57.5 and 58.5 parts per billion gold across coarse and fine fractions.

Silver Peaks forms part of a broader regional portfolio of critical antimony and gold assets held by Critical Resources in New Zealand, which also includes exploration projects such as Lammerlaw and Croesus. Within the surrounding district, New Age Exploration reported assay results from 13 reverse circulation and diamond drillholes at the Bella Prospect, part of the Lammerlaw gold-antimony project within the surrounding district on 28 August 2026.

Critical Resources plans to conduct a focused field program to assess the three targets at Silver Peaks and confirm the controlling geology. Any subsequent advancement to geophysics or drilling will depend on the outcomes of that field work and on the relevant permits and approvals being in place.

Read the full announcement: Historical Review Defines Three Targets - Silver Peaks NZ