# Critica locks in Jupiter’s first Indicated rare earths as scoping study looms Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/critica-locks-in-jupiter-s-first-indicated-rare-earths-as-scoping-study-looms--07bdf1f7-c091-4d3a-bc84-1b28bf124dc5 Original source: https://stockhead.com.au/resources/critica-locks-in-jupiters-first-indicated-rare-earths-as-scoping-study-looms/ Publisher: stockhead Original announcement: 2026-10-12T01:52:55.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-12T03:02:59.002Z Atlas analysis updated: 2026-10-12T03:02:59.002Z - Company: Critica - Ticker: CRI - Exchange: Unavailable - Region: Western Australia - Primary commodity: Rare earths - Secondary commodities: None reported - Document categories: Resource update, Other - Extracted: 2026-10-12 03:02:59 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Critica has established its first Indicated Mineral Resource at the Jupiter rare earths project in Western Australia, totaling 160Mt at 1700ppm TREO. This follows targeted infill drilling and expands the total Mineral Resource to 1.7Bt, with a scoping study expected shortly. Reasoning: The announcement of the first Indicated resource at the Jupiter project is a major de-risking milestone as the company approaches a scoping study. - Positive factor: Establishment of first Indicated Mineral Resource - Positive factor: Significant total resource scale \(1.7Bt\) - Positive factor: Infill drilling successfully increased geological confidence - Positive factor: Progress in metallurgical processing and product evaluation - Negative factor: Large portion of resource remains in Inferred category Facts used in scoring: 3 ## Classification and evidence **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: The company has established its first Indicated Mineral Resource at the Jupiter project. Evidence · text > establishing its first Indicated Mineral Resource **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The announcement provides an updated total Mineral Resource of 1.7Bt. Evidence · text > updated total Mineral Resource of 1.7Bt ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Resource Estimates (3) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/critica-locks-in-jupiter-s-first-indicated-rare-earths-as-scoping-study-looms--07bdf1f7-c091-4d3a-bc84-1b28bf124dc5#fact-resource-facts-0) Jupiter · rare\_earths #### Identity - Project: Jupiter - Commodity: rare\_earths - Region: australia\_wa - Reported Region: Western Australia - Ticker: CRI #### Resource scope - Estimate type: resource - Resource group id: resource:d81fe63ef758ae1671b1 - Deposit or zone: Jupiter #### Resource Data - Category: indicated - Tonnes: 160000000 - Grade: 1700 - Grade Unit: ppm - Cutoff Grade: 1000 - Cutoff Unit: ppm TREO #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-12T00:00:00.000Z Reasoning: High-confidence indicated resource established via infill drilling. - Positive factor: First Indicated resource established Evidence · text > Independent consultant SRK defined 160Mt at 1700ppm total rare earth oxides in the higher-confidence category #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/critica-locks-in-jupiter-s-first-indicated-rare-earths-as-scoping-study-looms--07bdf1f7-c091-4d3a-bc84-1b28bf124dc5#fact-resource-facts-1) Jupiter · rare\_earths #### Identity - Project: Jupiter - Commodity: rare\_earths - Region: australia\_wa - Reported Region: Western Australia - Ticker: CRI #### Resource scope - Estimate type: resource - Resource group id: resource:ed1684787848580b6175 - Deposit or zone: Jupiter #### Resource Data - Category: inferred - Tonnes: 1540000000 - Grade: 1700 - Grade Unit: ppm - Cutoff Grade: 1000 - Cutoff Unit: ppm TREO #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-12T00:00:00.000Z Reasoning: Large scale resource but remains in the speculative inferred category. - Positive factor: Massive scale of inferred resource - Negative factor: Lower geological confidence compared to indicated Evidence · text > the remaining 1.5Bt classified as Inferred #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/critica-locks-in-jupiter-s-first-indicated-rare-earths-as-scoping-study-looms--07bdf1f7-c091-4d3a-bc84-1b28bf124dc5#fact-resource-facts-2) Jupiter · rare\_earths #### Identity - Project: Jupiter - Commodity: rare\_earths - Region: australia\_wa - Reported Region: Western Australia - Ticker: CRI #### Resource scope - Estimate type: resource - Resource group id: resource:d81fe63ef758ae1671b1 - Deposit or zone: Jupiter #### Resource Data - Category: indicated - Tonnes: 160000000 - Grade: 420 - Grade Unit: ppm - Cutoff Grade: 1000 - Cutoff Unit: ppm TREO #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-12T00:00:00.000Z Reasoning: Indicated material contains significant magnet rare earth oxides. - Positive factor: High magnet rare earth content Evidence · text > Within the indicated material, magnet rare earth oxides average 420ppm #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.