10:02 AM EDT, 04/01/2026 (MT Newswires) -- Critical Elements Lithium ( CRECF ) on Wednesday said that recent drilling at the 100% owned Rose West Discovery, located in Eeyou Istchee, Quebec, confirmed the presence of spodumene rich intervals all around the initial core zone, and especially toward the east Target area, extending the main pegmatite body by about 800 meters toward the east and by about 400 meters to the south, thus bringing its overall footprint to 1250 m x 800 m.

The company said the recent drilling identified three new spodumene-bearing pegmatitic bodies within the target area. Assay results were received for holes RW-26-29, RW-26-30 and RW-26-45, and returned lithium and tantalum assays.

"Given good lateral continuity of the zone, this drilling program significantly increases the footprint of the Rose West Discovery," said Critical Elements Lithium ( CRECF ) chief executive Jean-Sebastien Lavallee. "Should grades remain consistent with those reported in 2024, Rose West will become an element of major impact in the perspective of the whole Rose Project."

Shares of the company were last seen up 3.8% at $0.41 on the TSX Venture Exchange.

Price: 0.41, Change: +0.02, Percent Change: +3.80