Critical Minerals Group Limited announced that it has received notification from the Queensland Department of Resources that EPM 27998, forming the Figtree Creek Project, and EPM 27999, forming the Lorena Surrounds Project, have each been granted to CMG 1 Pty Ltd. for a five year term. The Figtree Creek Project and Lorena Surrounds Project form part of the portfolio of tenements identified by the Company in the North West minerals province of Queensland and complements the existing granted tenement at the Company s Lindfield Project (EPM 27872) and the three recently applied for tenements forming the Company s projects known as the Whinmoor Project (EPM 28631 application), the Lara Downs Project (EPM 28635 application) and the Lindfield North Project (EPM 28636 application). The Figtree Creek Project (EPM 27998) consists of 22 sub-blocks covering 70km².

The Figtree Creek Project is located approximately 10 km south south east of the township of Cloncurry and is 5km from the main infrastructure corridor of the Flinders Highway and the Great Northern Railway line. The Figtree Creek Project is considered prospective for iron oxide copper and gold mineralization based on historical surface sampling, local structural geology with similar rock types and structures present in the Figtree Creek Project area to that of the Great Australian Mine style of copper-gold mineralisation (which is just 3km north of the project) and electromagnetic anomalies identified. The project area has several rock chip samples, soil samples and stream sediment samples showing anomalous cooper and gold assays (refer to section 9 of the Prospectus).

The Company has completed sufficient work to establish a work programme to systematically explore the tenement and identify potential mineralisation and drill targets which is detailed in its Prospectus. The Lorena Surrounds Project (EPM 27999) consists of 16 sub-blocks covering 51km². The Lorena Surrounds Project is located 15km east of Cloncurry and intersects main infrastructure of the Flinders Highway and Great Northern Rail Line at the southern end of the tenement.

The Lorena Surrounds Project is considered prospective for iron oxide copper and gold mineralization based on historical drilling, local structural geology and electromagnetic anomalies identified. The company has completed sufficient work to establish a work programme to systematically explore the tenement and identify potential mineralisation and drill targets which is detailed in its Prospectus.