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by Will Purcell
The critical and specialty minerals stocks box score on Thursday was a 78-78-154 saw-off, as the TSX Venture Exchange added two points to 977. Jean-Sebastien Lavallee's Critical Elements Lithium Corp. (CRE) lost one-half cent to 43.5 cents on 259,000 shares.
The company is applauding a continuing winter drill program at its Rose West lithium project, in the James Bay district of Quebec. Critical Elements has new assays, including a headline hole with a 3.6-metre intercept that graded 1.51 per cent lithium oxide and 242 parts per million of tantalum oxide and a second interval that managed 1.39 per cent lithium oxide and 111 ppm tantalum oxide across eight metres. Two other holes also yielded assay encouragement.
The winter drill program is nearing its end. Like Frosty the Snowman, drillers tend to melt away come breakup time, only to return some other day. Assayers, on the other hand, merrily go about their business, supplying the high-octane fuel that keeps promoters running. Indeed, Critical Elements says that its assay results are expected to become available regularly from now on.
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