Consistent Bulk Sample Results Strengthen Jupiter Pathway
Released
Released
Announcement PDF
29 September 2025
ASX: CRI
Excellent Bulk Sample Results Highlight Jupiter’s
Consistent Upgrade Potential
Initial results show consistent ~95% mass rejection and 6–10x TREO grade uplift in open-circuit
bulk trials at GAVAQ (Vietnam); closed-circuit pilot plant now being built to optimise recoveries
and produce a Mixed Rare Earth Product (MREP)-ready feed
Critica Limited (ASX: CRI) (Critica or the Company) is pleased to report preliminary results from the bulk
metallurgical testwork program underway at Centre for Science and Technology of Mineral and Environment
(GAVAQ) in Vietnam. This program follows the dispatch of a 400 kg bulk sample announced on 28 May 2025 and
represents the first set of outcomes from open-circuit beneficiation trials. The scope will provide key data on
tailings characteristics, process efficiency and flowsheet economics.
These first bulk sample results show that ore from across Jupiter can consistently achieve ~95% mass rejection
with six-to-ten-fold grade uplift, validating Critica’s beneficiation approach on larger samples and providing the
technical foundation for downstream testwork and development studies.
Announcement Highlights
•
•
•
•
•
•
~95% mass rejection observed across all ore types tested in open-circuit bulk flotation trials.
6–10x grade uplift: head grades of 1,310–2,240 ppm TREO upgraded to 1.2–2.0% TREO in
concentrate (12,000–20,000 ppm).
Up to 4,500 ppm of Magnet Rare Earth Oxides and 171 ppm Scandium Oxide in intermediate
concentrates.
Closed-circuit pilot plant under construction at GAVAQ (announced 1 September 2025) to
optimise recoveries, generate concentrate for downstream hydromet testwork, and advance
MREP specification.
Integrated pathway in motion: beneficiation at GAVAQ with parallel hydromet programs at
GAVAQ, ANSTO and Minutech to define product chemistry and support future Mixed Rare Earth
Product (MREP) qualification and offtake engagement activities.
Why this matters: Results support a beneficiation-first flowsheet, providing a clearer pathway
toward saleable Mixed Rare Earth Products (MREP).
Critica’s CEO Jacob Deysel commented:
“We’re very pleased with these bulk trial results. Regardless of ore type, Jupiter consistently delivers about 95%
mass rejection with six-to-ten-fold TREO grade uplifts under open-circuit conditions. This validates our
beneficiation-first strategy and reinforces the key advantage of Jupiter’s clay mineralogy - unlike ionic clays, it
allows us to beneficiate upfront, reducing mass and simplifying downstream processing.
CRITICA LIMITED Level 2, 16 Altona Street, West Perth, Western Australia
ABN 51 119 678 385 | T: +61 8 6279 9428 | F: +61 8 6500 9986 | admin@critica.limited |
www.critica.limited
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29 September 2025
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With the closed-circuit pilot now being built at GAVAQ, we’ll focus on optimising recoveries and generating the
concentrate needed for hydrometallurgical programs and MREP specification - key steps that will inform future
product qualification and development studies.
Importantly, we now have an integrated pathway in motion. Together with ANSTO and Minutech, Critica has
beneficiation, hydrometallurgy and product chemistry advancing in parallel - all directed toward producing Mixed
Rare Earth Products (MREP), which include both Mixed Rare Earth Carbonate (MREC) and Mixed Rare Earth Oxide
(MREO), setting the technical foundation for our Scoping Study and supporting future offtake engagement.”
Understanding Open vs. Closed Circuit
1. Open-circuit trials pass material through each stage once, without recycling intermediate streams. They
are the right tool to demonstrate upgrade potential quickly and cost-effectively.
2. Closed-circuit pilots recycle intermediate streams, enabling tuning and stabilisation of the circuit to
maximise recoveries while maintaining target concentrate grade.
Bulk Testwork Program – What Was Done and Why
•
•
•
•
Sample & logistics: A ~400 kg composite representing multiple Jupiter ore types was dispatched to
GAVAQ (Vietnam) on 28 May 2025.
Objective: Demonstrate upgrade potential (mass rejection and grade uplift) in open-circuit beneficiation
trials; inform pilot design and downstream hydromet planning.
Key metrics so far:
o Mass rejection: ~95% across ore types.
o Grade uplift: 6–10×, upgrading 1,310–2,240 ppm TREO heads to 1.2–2.0% TREO concentrate.
Interpretation:
o Open-circuit results, though preliminary, demonstrate Jupiter’s ability to upgrade rare earth
content (concentrate grade vs head grade) while rejecting the majority of mass.
o Recoveries are expected to be higher under closed-circuit conditions once recycle streams are
included and the circuit is tuned. Results are set out in Table 1 below.
Table 1. REE beneficiation mass reduction and intermediate concentrate grades achieved at GAVAQ
Sample
Quartz-rich Clay
Quartz-rich Clay Saprolite
Iron-rich Clay
Iron-rich Clay Saprolite
TREO ppm
Feed
2240
1830
2030
1310
TREO %
Concentrate
2.0
1.9
1.3
1.2
Mass
Reduction %
95
97
96
95
TREO
Upgrade
9.0x
10x
6.3x
9.4x
Note: un-optimised Open Circuit recovery ranges from 25 to 49%.
CRITICA LIMITED Level 2, 16 Altona Street, West Perth, Western Australia
ABN 51 119 678 385 | T: +61 8 6279 9428 | F: +61 8 6500 9986 | admin@critica.limited |
www.critica.limited
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ASX: CRI
Table 2. Intermediate concentrate Magnet Rare Earth and Scandium Oxide grades
Sample
Quartz-rich Clay
Quartz-rich Clay Saprolite
Iron-rich Clay
Iron-rich Clay Saprolite
MREO
ppm
4,503
4,362
3,758
3,208
Pr6O11
ppm
981
925
765
613
Nd2O3
ppm
Tb4O7
ppm
3,383
3,313
2,834
2,426
25
23
29
30
Dy2O3
ppm
114
101
130
139
Sc2O3
ppm
102
85
130
171
Critica’s CEO Jacob Deysel commented: “Open-circuit is best for proving strong upgrade; closed-circuit is best
for maximising recovery. We’ve proven the first; we’re now building the pilot to optimise the second.”
Image 1 - Flotation cell used for the treatment of the bulk sample
CRITICA LIMITED Level 2, 16 Altona Street, West Perth, Western Australia
ABN 51 119 678 385 | T: +61 8 6279 9428 | F: +61 8 6500 9986 | admin@critica.limited |
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Image 2 – Flotation reagents being used in the flotation process
CRITICA LIMITED Level 2, 16 Altona Street, West Perth, Western Australia
ABN 51 119 678 385 | T: +61 8 6279 9428 | F: +61 8 6500 9986 | admin@critica.limited |
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Progression Pathway – From Laboratory to Pilot
Critica’s Jupiter flowsheet development has advanced through three clear stages of scale-up:
•
•
•
Laboratory Scale (23 January 2025): Initial flotation and beneficiation trials on 50 kg, establishing proof
of concept.
Bulk Sample (28 May 2025): Dispatch of a 400 kg composite to GAVAQ in Vietnam, optimisation and
confirming consistent mass rejection and grade uplift.
Pilot Plant (1 September 2025): Construction commenced on a 3,000 kg closed-circuit pilot at GAVAQ
to optimise upgrades, improve recoveries, and generate product for downstream hydromet testwork. (See
Image 3: equipment delivery; assembly in progress).
Image 3 – Pilot Plant equipment arriving (Flotation Cells)
CRITICA LIMITED Level 2, 16 Altona Street, West Perth, Western Australia
ABN 51 119 678 385 | T: +61 8 6279 9428 | F: +61 8 6500 9986 | admin@critica.limited |
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Next Steps
•
•
•
Commission the closed-circuit pilot plant at GAVAQ.
Run hydromet optimisation in parallel at GAVAQ, ANSTO and Minutech to define the leach pathway and
MREP specification.
Feed results into the Scoping Study and subsequent feasibility stages.
Glossary of Terms
•
•
•
•
•
TREO (Total Rare Earth Oxides): The total content of all rare earth oxides in a sample.
MREP (Mixed Rare Earth Products): Critica’s term covering both MREC (carbonate) and MREO (oxide)
forms of mixed rare earths.
Beneficiation: Upgrading ore by rejecting waste material while concentrating valuable minerals.
Open Circuit vs Closed Circuit: Open circuit runs once without recycling; closed circuit recycles
streams to maximise recovery.
Clay vs Ionic Clays: Jupiter’s clay-hosted ore can be beneficiated upfront, unlike ionic clays, which must
be leached directly.
Authorised by the Board of Critica Limited.
Jacob Deysel
CEO
Critica Limited
Level 2, 16 Altona Street, West Perth, Western Australia
T: + 61 8 6279 9428 | admin@critica.limited | www.critica.limited
Investor and Media Relations
Dannika Warburton
Investability Partners
investors@investability.com.au
ABOUT CRITICA
Critica Limited (ASX: CRI) is advancing the Jupiter Project in Western Australia - recognised as Australia’s
largest clay-hosted rare earths resource and the nation’s largest magnet-REE resource base. Jupiter is magnetREE dominant (Nd, Pr, Dy, Tb), the value drivers for EV, renewable and defence supply chains. Breakthrough
beneficiation testwork has demonstrated ~95% mass rejection with an ~8× grade uplift into a magnet-REE-rich
concentrate, underscoring the potential for a simple, capital-efficient flowsheet. With exceptionally low U/Th
content, Jupiter presents a distinctive development profile.
Critica is pivoting from explorer to developer with a clear mine-to-magnet roadmap: scale beneficiation and leach
to pilot, finalise MREP specifications, progress development studies and approvals, and advance product
qualification and offtake with Western-aligned partners.
CRITICA LIMITED Level 2, 16 Altona Street, West Perth, Western Australia
ABN 51 119 678 385 | T: +61 8 6279 9428 | F: +61 8 6500 9986 | admin@critica.limited |
www.critica.limited
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Sign up and engage with our investor relations team
COMPETENT PERSONS STATEMENT
The information in this report that relates to exploration results including geology interpretation, data preparation
and data quality is based on work compiled by Dr. Stuart Owen who is a Member of the Australian Institute of
Geoscientists. Dr. Owen is a permanent employee of Critica Limited and has sufficient experience that is relevant
to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to
qualify as Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves (JORC code). Dr. Owen consents to the inclusion in the report of the
matters based on his information in the form and context in which they appear.
Cautionary note: The results reported here are from open-circuit beneficiation trials and demonstrate upgrade
potential. Recoveries and overall circuit performance will be determined under closed-circuit pilot conditions.
The Information in this announcement that relates to previous exploration results for the
Projects is extracted from the following ASX announcements:
•
•
•
•
•
ANSTO & Minutech engaged to produce first MREC from Jupiter – 26 August 2025
Jupiter Confirmed as Australia’s Largest MREO Clay Resource – 13 August 2025
Critica Advances Jupiter – Outstanding Magnet and HREO Grades – 16 July 2025
Critica Commences Bulk Metallurgical Testwork – 28 May 2025
First Pass Metallurgical Testwork Delivers 830% REE Upgrade – 23 January 2025
No new Mineral Resource information is contained in this report.
Information in this report which refers to Mineral Resources for the Jupiter Project in Western Australia is taken
from the company’s initial ASX disclosure dated 11 February 2025 and 13 August 2025 at www.critica.limited. The
disclosure fairly represents information compiled by Mr Rodney Brown a Member of Australian Institute of Mining
and Metallurgy and is an employee of SRK Consulting (Australia) Pty Ltd, independent of Critica Limited and has no
conflict of interest.
The Company confirms that all material assumptions and technical parameters underpinning the Mineral
Resources Estimates referred to within previous ASX announcements remain current and have not materially
changed since last reported. The Company is not aware of any new information or data that materially affects the
information included in this announcement.
The Company confirms that the form and context in which the Competent Person's findings are or were presented
have not been materially modified.
CRITICA LIMITED Level 2, 16 Altona Street, West Perth, Western Australia
ABN 51 119 678 385 | T: +61 8 6279 9428 | F: +61 8 6500 9986 | admin@critica.limited |
www.critica.limited
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ASX: CRI
TABLE 2: JUPITER 400 KG BULK COMPOSITE SAMPLE LOCATIONS
Sample
Hole ID
Easting
Northing
RL
From
To
Weight
(kg)
TREO
(ppm)
Quartz-rich
Clay
JPD001
JPD004
BRAC105
JPAC156
JPAC173
JPAC174
JPAC176
JPAC177
JPAC179
JPAC182
JPAC183
JPAC185
529510
527981
531249
524248
530497
529756
530250
530497
530005
530754
530509
531251
6857126
6852098
6854600
6850354
6851350
6851838
3851845
6851847
6852346
6852355
6852347
6852849
355
347
358
343
359
354
357
358
355
359
357
360
JPD001
529510
6857126
355
JPD004
JPAC174
JPAC176
JPAC178
JPAC179
JPAC180
JPAC182
JPAC183
JPD002
JPD007
JPAC184
JPAC186
JPAC188
JPAC190
JPAC196
JPAC199
JPD002
JPD007
JPAC190
JPAC196
JPAC199
527981
529756
530250
529744
530005
530247
530754
530509
529218
529735
531499
531001
530493
530010
530492
529749
529218
529735
530010
530492
529749
6852098
6851838
3851845
6852350
6852346
6852345
6852355
6852347
6856097
6854107
6852847
6852847
6852846
6852851
6853346
6853349
6856097
6854107
6852851
6853346
6853349
347
354
357
354
355
356
359
357
351
351
361
359
357
355
356
353
351
351
355
356
353
31.2
35.3
36.0
8.0
32.0
44.0
44.0
36.0
24.0
28.0
32.0
32.0
38.7
53.1
67.9
52.0
48.0
48.0
52.0
32.0
36.0
48.0
25.9
32.1
8
12
32
16
20
12
42.1
42.6
40.0
40.0
32.0
37.9
67.9
44.0
20.0
40.0
52.0
48.0
56.0
52.0
36.0
48.0
36.0
50.8
64.0
84.4
64.0
56.0
59.0
68.0
60.0
48.0
60.0
42.1
42.6
44
24
56
40
40
32
64.9
65.1
48.0
48.0
40.0
7.6
44.8
2.0
5.4
2.8
4.3
2.9
6.1
9.3
4.8
6.9
1.3
14.6
20.0
28.0
4.5
3.0
4.0
5.4
10.0
5.5
6.0
22.4
13.3
17.5
5.3
9.7
12.0
11.4
11.1
51.2
36.2
6.7
4.1
4.2
2107
2984
4417
2270
1749
1858
1445
1356
2025
2191
1055
1147
2270
1298
3002
2184
2574
1719
1638
2135
1792
2775
1797
3455
2614
1579
1699
2369
1890
1797
2266
1606
1375
1145
1650
Quartz-rich
Clay
Saprolite
Iron-rich
Clay
Iron-rich
Clay
Saprolite
CRITICA LIMITED Level 2, 16 Altona Street, West Perth, Western Australia
ABN 51 119 678 385 | T: +61 8 6279 9428 | F: +61 8 6500 9986 | admin@critica.limited |
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APPENDIX TWO: JORC CODE, 2012 EDITION | ‘TABLE 1’ REPORT
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections)
Criteria
Table
Sampling
techniques
JORC Code explanation
•
•
•
Drilling techniques
Drill sample
recovery
•
•
•
•
Logging
•
•
•
Sub-sampling
techniques and
sample
preparation
•
•
•
•
•
Commentary
Nature and quality of sampling (e.g.: cut channels,
random chips, or specific specialised industry
standard measurement tools appropriate to the
minerals under investigation, such as down hole
gamma sondes, or handheld XRF instruments, etc.).
These examples should not be taken as limiting the
broad meaning of sampling.
Measures taken to ensure sample representivity and
the appropriate calibration of any measurement tools
or systems used.
Aspects of the determination of mineralisation that
are Material to the Public Report. In cases where
‘industry standard’ work has been done this would be
relatively simple (e.g.: ‘reverse circulation drilling was
used to obtain 1 m samples from which 3 kg was
pulverised to produce a 30 g charge for fire assay’). In
other cases more explanation may be required, such
as where there is coarse gold that has inherent
sampling problems. Unusual commodities or
mineralisation types (e.g.: submarine nodules) may
warrant disclosure of detailed information.
Drill type (e.g.: core, reverse circulation, open-hole
hammer, rotary air blast, auger, Bangka, sonic, etc..)
and details (e.g.: core diameter, triple or standard
tube, depth of diamond tails, face-sampling bit or
other type, whether core is oriented and if so, by what
method, etc..).
•
Method of recording and assessing core and chip
sample recoveries and results assessed.
Measures taken to maximise sample recovery and
ensure representative nature of the samples.
Whether a relationship exists between sample
recovery and grade and whether sample bias may
have occurred due to preferential loss/gain of
fine/coarse material.
Whether core and chip samples have been
geologically and geotechnically logged to a level of
detail to support appropriate Mineral Resource
estimation, mining studies and metallurgical studies.
Whether logging is qualitative or quantitative in
nature. Core (or costean, channel, etc.) photography.
The total length and percentage of the relevant
intersections logged.
•
If core, whether cut or sawn and whether quarter, half
or all core taken.
If non-core, whether riffled, tube sampled, rotary split,
etc. and whether sampled wet or dry.
For all sample types, the nature, quality and
appropriateness of the sample preparation technique.
Quality control procedures adopted for all subsampling stages to maximise representivity of
samples.
Measures taken to ensure that the sampling is
representative of the in situ material collected,
•
•
•
•
•
•
•
•
•
•
•
The Jupiter metallurgical composites tested by GAVAQ,
Centre of Science and Technology of Minerals and
Environment were selected from the 17 AC and 4 DD
exploration and resource definition drill holes listed in
Section 2 below.
The selected intervals represent four bulk samples of
quartz-rich clay, quartz-rich saprolite, iron-rich clay and
iron-rich saprolite zones. Grades for AC holes
previously announced to the ASX.
Sampling was supervised by a suitably qualified
Critica geologist.
This metallurgical composite sample subject of this
report were selected from 17 AC holes drilled with a
KL 150 AC rig operated by KTE Mining Services Pty
Ltd and 4 DD holes drilled with a Sandvik DE840
truck mounted drill rig by DDH1.
The AC drilling was conducted with a 90mm blade
and holes were drilled to blade refusal in near fresh
rock.
The bulk AC samples were visually assessed,
weighed and considered representative with overall
good recovery.
The diamond holes were marked up and core loss
recorded prior to samples being quarter cored.
All holes were qualitatively geologically logged by
suitably qualified Critica geologists.
The detail of geological logging is considered
sufficient for exploration and resource definition
drilling.
An inferred Mineral Resource Estimation has been
completed by SRK using this data.
Four metallurgical composites covered 560.4 m
from the 21 listed drill holes
Composited intervals within each drill hole ranged
from 4 to 36 m and were composited from crushed
and pulverised assay laboratory returns, then
homogenized by mat rolling, bagged and weighed
for supply to GAVAQ.
Total composite weight was c. 400 kg
CRITICA LIMITED Level 2, 16 Altona Street, West Perth, Western Australia
ABN 51 119 678 385 | T: +61 8 6279 9428 | F: +61 8 6500 9986 | admin@critica.limited |
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Criteria
JORC Code explanation
•
Quality of assay
data and
laboratory tests
•
•
•
Verification of
sampling and
assaying
•
•
•
•
Location of data
points
•
•
•
Data spacing and
distribution
Orientation of data
in relation to
geological
structure
•
•
•
•
•
Sample security
•
Audits or reviews
•
including for instance results for field
duplicate/second-half sampling.
Whether sample sizes are appropriate to the grain size
of the material being sampled.
The nature, quality and appropriateness of the
assaying and laboratory procedures used and
whether the technique is considered partial or total.
For geophysical tools, spectrometers, handheld XRF
instruments, etc., the parameters used in
determining the analysis including instrument make
and model, reading times, calibrations factors
applied and their derivation, etc.
Nature of quality control procedures adopted (eg
standards, blanks, duplicates, external laboratory
checks) and whether acceptable levels of accuracy
(ie lack of bias) and precision have been established.
Commentary
•
Assaying of the metallurgical composite and
products was conducted by GAVAQ and the Centre
for Geological Analysis and Testing-Vietnam
Department of Geology and Minerals.
•
Determination of magnet rare earths Pr, Nd, Tb and
Dy and Sc on the intermediate concentrates was
conducted by ALS Geochemistry, Perth WA using
lithium borate fusion followed by acid digestion of
the resultant glass bead and ICP-MS finish.
The verification of significant intersections by either
independent or alternative company personnel.
The use of twinned holes.
Documentation of primary data, data entry
procedures, data verification, data storage (physical
and electronic) protocols.
Discuss any adjustment to assay data.
•
Accuracy and quality of surveys used to locate drill
holes (collar and down-hole surveys), trenches, mine
workings and other locations used in Mineral
Resource estimation.
Specification of the grid system used.
Quality and adequacy of topographic control.
•
Data spacing for reporting of Exploration Results.
Whether the data spacing and distribution is sufficient
to establish the degree of geological and grade
continuity appropriate for the Mineral Resource and
Ore Reserve estimation procedure(s) and
classifications applied.
Whether sample compositing has been applied.
Whether the orientation of sampling achieves
unbiased sampling of possible structures and the
extent to which this is known, considering the deposit
type.
If the relationship between the drilling orientation and
the orientation of key mineralised structures is
considered to have introduced a sampling bias, this
should be assessed and reported if material.
The measures taken to ensure sample security.
•
The use of twinned holes is not applicable at this
stage.
The metallurgical results are compatible with
observed mineralogy.
Primary data is stored and documented in industry
standard ways.
Critica assay and metallurgical data is as reported
by GAVAQ and has not been adjusted in any way.
Drill hole locations were determined by handheld
GPS with a nominal accuracy of +/- 5 metres.
All coordinates and maps presented here are in the
MGA Zone 50 GDA94 system.
Topographic control is provided by Worldwide 3 arc
second SRTM spot height data.
The drill holes selected for the GAVAQ metallurgical
composite were part of Jupiter exploration and
resource definition programs as previously reported
to the ASX.
The results of any audits or reviews of sampling
techniques and data.
•
•
•
•
•
•
•
•
•
The AC holes were drilled vertically along E-W drill
lines
The intersected clay and saprolite zones blanket
weathered syenite-monzonite basement such that
downhole thickness approximates true thickness.
The chain of custody for the metallurgical
composite from collection to submission to GAVAQ
was managed by Critica personnel. and the level of
security is considered appropriate.
The GAVAQ test work was monitored and reviewed
by suitably qualified Critica Limited’s Senior
Metallurgist Dr Dinh Hien.
CRITICA LIMITED Level 2, 16 Altona Street, West Perth, Western Australia
ABN 51 119 678 385 | T: +61 8 6279 9428 | F: +61 8 6500 9986 | admin@critica.limited |
www.critica.limited
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Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section)
Criteria
Mineral tenement
and land tenure
status
JORC Code explanation
•
•
Exploration done
by other parties
•
Type, reference name/number, location and
ownership including agreements or material
issues with third parties such as joint
ventures, partnerships, overriding royalties,
native title interests, historical sites,
wilderness or national park and
environmental settings
The security of the tenure held at the time of
reporting along with any known
impediments to obtaining a licence to
operate in the area.
Acknowledgment and appraisal of
exploration by other parties.
Commentary
•
The Brothers REE Project currently consists of granted
Exploration Licences E59/2421, E59/2463, E59/2710,
E59/2711, E59/2819, E59/2820, E59/2821, E59/2827,
E59/2889, E59/2890, E59/2907, E59/2927, E59/2928,
E59/2930, and applications E59/2929 and E21/232. All are
100% held by Tasmanian Rare Earth Pty Ltd a wholly owned
subsidiary of Critica Limited.
•
Documented previous explorers within the area now covered by
the Brothers Project include North Flinders Mines Ltd, CRA
Exploration Pty Ltd, Spark Energy Pty Ltd, Arcadia Minerals Ltd,
Babalya Gold Pty Ltd, Burmine Ltd, Equigold NL, Equinox
Resources NL, Jervois Mining Ltd, Minjar Gold Pty Ltd, Mount
Magnet South NL, Sons of Gwalia Ltd and David Ross.
Refer to previous Critica announcements to the ASX and also
available from http://critica.limited.
The Brothers REE exploration area is situated within the
Western Australian Archean Yilgarn Craton and mostly
comprises Cenozoic cover sequence overlying an extensive
Archaean monzogranite complex (the Big Bell Suite).
Locations and composited intervals for the GAVAQ
metallurgical composite are as listed below:
East MGA
North MGA
Hole
Zone 50
Zone 50
Interval
GDA94
GDA94
JPD001
529510
6857126
31.2-64.0
JPD004
527981
6852098
35.3-84.4
BRAC105
531249
6854600
36.0-44.0
JPAC156
524248
6850354
8.0-20.0
JPAC173
530497
6851350
32.0-40.0
JPAC174
529756
6851838
44.0-64.0
JPAC176
530250
3851845
44.0-56.0
JPAC177
530497
6851847
36.0-56.0
JPAC178
529744
6852350
48.0-59.0
JPAC179
530005
6852346
24.0-68.0
JPAC182
530754
6852355
28.0-48.0
JPAC183
530509
6852347
32.0-60.0
JPAC185
531251
6852849
32.0-36.0
JPD002
529218
6856097
25.9-64.9
JPD007
529735
6854107
32.1-65.1
JPAC184
531499
6852847
8.0-44.0
JPAC186
531001
6852847
12.0-24.0
JPAC188
530493
6852846
32.0-56.0
JPAC190
530010
6852851
16.0-48.0
JPAC196
530492
6853346
20.0-48.0
JPAC199
529749
6853349
12.0-40.0
All holes were vertical and collar location was determined by
handheld Garmin GPS64sx considered accurate to ±5m.
All coordinates and maps presented here are in the MGA Zone
50 GDA94 system.
Topographic control is provided by Worldwide 3 arc second
SRTM spot height data.
•
Geology
•
Deposit type, geological setting and style of
mineralisation.
•
Drill hole
Information
•
A summary of all information material to
the understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
-easting and northing of the drill hole
collar
-elevation or RL of the drill hole collar
-dip and azimuth of the hole
-down hole length and interception
depth
-hole length.
If the exclusion of this information is
justified on the basis that the information is
not Material and this exclusion does not
detract from the understanding of the
report, the Competent Person should
clearly explain why this is the case.
•
•
•
•
•
CRITICA LIMITED Level 2, 16 Altona Street, West Perth, Western Australia
ABN 51 119 678 385 | T: +61 8 6279 9428 | F: +61 8 6500 9986 | admin@critica.limited |
www.critica.limited
11
29 September 2025
ASX: CRI
Criteria
JORC Code explanation
Commentary
•
Data aggregation
methods
•
•
•
Relationship
between
mineralisation
widths and
intercept lengths
•
•
•
Diagrams
•
Balanced
reporting
•
Other
substantive
exploration data
•
Refer to previous ASX announcements for relevant
intersections and assay results.
Metal equivalents have not been applied.
Refer to previous ASX announcements for relevant Jupiter
project intersections and assay results.
Standard element to oxide conversion factors have been used
and TREO was calculated on an unrounded basis.
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g. cutting of
high grades) and cut-off grades are usually
Material and should be stated.
Where aggregate intercepts incorporate
short lengths of high grade results and
longer lengths of low grade results, the
procedure used for such aggregation
should be stated and some typical
examples of such aggregations should be
shown in detail.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
These relationships are particularly
important in the reporting of Exploration
results.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
If it is not known and only the down hole
lengths are reported, there should be a
clear statement to this effect (e.g. ‘downhole length, true width not known’
•
•
•
The intersected clay and saprolite zones blanket weathered
granitoid basement such that downhole thickness approximate
true thickness
Appropriate maps and sections (with
scales) and tabulations of intercepts should
be included for any significant discovery
being reported. These should include, but
not be limited to a plan view of drill hole
collar locations and appropriate sectional
views.
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and
high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
•
Drill hole sample locations are given in Table 2 and above drill
hole information section.
Refer to previous Critica announcements to the ASX for block
model plans and sections, also available from
ht
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