Critical Resources Eyes 164km² Suriname Gold Project in Underexplored Guiana Shield [VIDEO]
Critical Resources (ASX: CRR) has secured exclusivity over 164 km² of granted exploitation rights in Suriname's Guiana Shield — making it the first ASX-listed company in decades to hold such tenure in a jurisdiction now attracting hundreds of millions from majors like Gold Fields and La Mancha.
Key Takeaways
- CRR has entered an exclusivity agreement to acquire a 90% interest in the Gonini Gold Project, covering 164 km² of granted exploitation rights across two tenements in Suriname's Sara Creek district.
- The project sits in the Guiana Shield gold province — geologically analogous to West Africa's Birimian Shield, which hosts 500+ Moz of discovered gold versus the Guiana Shield's ~100 Moz, implying a significant exploration gap.
- Newmont's Merian mine (5.1 Moz Au reserves) sits 66 km from Gonini and Zijin's Rosebel mine (5.65 Moz produced 2004–2021) sits 88 km away, validating the belt's gold endowment — though neither is indicative of what may be found at Gonini.
- The deal is structured with staged cash and share consideration totalling US$1.25M in deferred payments over five years, a US$2.5M exploration commitment, and a 2% NSR royalty buyable in 0.5% increments at US$500,000 each.
- Completion remains subject to conditions precedent, no JORC Mineral Resource has been estimated, and no Exploration Results have been reported — Gonini is a greenfield project at exclusivity stage only.
This is a special feature video produced for our partner.
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