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by Will Purcell

The critical and specialty minerals stocks box score was a dreary 56-125-129 on Wednesday as the TSX Venture Exchange fell 20 points to 912. Jean-Sebastien Lavallee's Critical Elements Lithium Corp. (CRE) was unchanged at 37 cents, on 581,000 shares.

The company is readying a 10,000-metre drill program for its Rose West lithium and tantalum project in the James Bay district of Quebec. Not just any haphazard effort, this will be "systematic drilling" designed as a follow-up program to the "very successful" winter drill program on the property. The new effort will seek to laterally expand the existing mineralized footprint, to further test the two newly discovered pegmatites at depth, and to confirm grade and thickness continuity of the other pegmatites.

The winter drilling produced plenty of assay encouragement, with two holes yielding lithium oxide grades topping 2 per cent. The headline hit was a 20.3-metre strike that graded 2.22 per cent lithium oxide and 95 parts per million tantalum oxide, although a second hole mustered 2.18 per cent lithium oxide and 68 ppm tantalum oxide over 12.6 metres. Both intercepts occurred in the No. 3 pegmatite, but No. 2 and No. 4 also scored a noteworthy result, while the new No. 5 pegmatite managed 1.51 per cent lithium oxide and 93 ppm tantalum oxide across 18.5 metres.

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