Drilling Confirms Scale and Growth Potential at Juno

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Stock CRI.ASX (CRI.ASX)
Release Time 27 Jul 2026, 9:22 a.m.
Price Sensitive Yes
 Drilling Confirms Scale and Growth Potential at Juno
Key Points
  • Multiple high-grade rare earth intersections confirmed at Juno
  • Juno hosts the same REE phosphate minerals as Jupiter
  • Magnet Rare Earth Oxide (MagREO) proportions consistent with Jupiter
  • Results support future development flexibility and potential feed blending
  • Further exploration drilling planned to evaluate resource growth potential
Full Summary

Critica Limited has announced results from regional drilling at the Juno Prospect within its 100%-owned Brothers Rare Earth Project in Western Australia. The drilling confirmed multiple shallow, high-grade rare earth intersections at Juno, reinforcing the strategic and large-scale potential of satellite deposits within the broader project area. Significant intersections include 14m @ 3,053 ppm TREO from 44m and 20m @ 2,155 ppm TREO from 40m. The results highlight the potential for Juno to complement future development scenarios centered around the Jupiter Project. Preliminary mineralogical characterization indicates the presence of REE phosphate minerals consistent with those at Jupiter, supporting the potential integration of satellite deposits within future development scenarios. Juno's mineralogy suggests it will be amenable to the metallurgical flowsheet being developed for Jupiter, providing confidence in the potential for future integration. The identification of additional high-grade mineralization at Juno reinforces the value of Critica's district-scale landholding and supports the Company's strategy of identifying satellite deposits that may complement the future development of the Jupiter Project.