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Critical Elements Lithium Reports "High Grade" Lithium, Tantalum and Cesium in Last Holes of 2026 Winter Drill Program

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Critical Elements Lithium's (CRE.V) Phase 1 Winter 2026 drill program delivered "positive" results demonstrating the successful expansion of the Rose West mineralized footprint from 450 m x 370 m to 1,250 m x 800 m, thicknesses that "typically range from 10 to 40 m, and excellent lateral grade continuity," it said Thursday.

Newly discovered Pegmatite 5 is delivering "substantial and laterally continuous" intersections, it said, in the southern portion of the Main Target Area. Preparation is underway for an upcoming follow-up Summer 2026 drilling program.

Assay results were received for the four remaining holes RW-26-38 to 40, and RW-26-43, and returned some "significant" lithium and tantalum composite assays.

"We are confident in our 3D model which so far has proven to be predictive," said Critical Elements Lithium Director of Exploration Kenneth Williamson. "We believe the model to be robust enough to start integrating geochemical data and run multi-elements interpolations within the structurally defined mineralized. We are hopeful that it could lead to better defining high grade mineralization vectors within the system."

Shares of the company closed down 1.3% to $0.39 on Wednesday on the TSX Venture Exchange.

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