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CRML Advances Tanbreez Drilling with Resource Expansion Catalyst in Play

Jun 17, 2026, 2:57 PM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Drill programs at prospective deposits often lead to updated resource estimates and valuation re-rating; early-stage infrastructure progress also supports near-term visibility, though technicals show mixed momentum.

AI summary

What happened, with direct paths to the underlying reporting

Critical Metals kicked off a 10,000-meter diamond drilling program at its Tanbreez site, aiming to expand resources and support long-term mine planning. With first-phase infrastructure completed for 2026 and crews on site, the catalyst could drive updated resource estimates and near-term re-rating if results confirm expansions; however, near-term momentum remains mixed against technicals.

CRML launches a 10,000m diamond drill at Tanbreez; aims to feed resource updates.
Phase 1 field infrastructure for 2026 season completed; crews on site.
Chairman Tony Sage: drilling data will guide future resource updates and production plans.
MACD below signal line; momentum mixed, golden cross remains from April.
Key levels: resistance $11.00, support $8.50; CRML up ~6.9% to $10.22.

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