Core Critical Metals Charts Aggressive, Multi-Phase Exploration Strategy for Lucky Mike Silver-Copper-Tungsten Project

Executive Summary of May 6, 2026 Release

• Core Critical Metals Corp. (CCMC) announced a comprehensive three-phase exploration strategy for the Lucky Mike Silver-Copper-Tungsten Project in British Columbia's Nicola Mining District.
• The program follows the formal closing of an option to acquire up to an 80% interest in the 7,675-hectare property from First Atlantic Nickel Corp. (FAN).
• Phase I (2026) focuses on data consolidation, AI-assisted targeting, and geophysical surveys.
• Phase II targets an inaugural diamond drilling campaign of 3,000–5,000 metres.
• Phase III aims for large-scale resource definition drilling up to 15,000 metres to complete an NI 43-101 compliant mineral resource estimate.
• The company engaged Rumble Strip Media Inc. for marketing services with a fee of up to $500,000 ($50,000 paid upfront).

Evaluation of News Impact

• The announcement confirms the execution phase of the February/April 2026 earn-in agreement with First Atlantic Nickel.
• This is a follow-up to previously announced financing ($1.5M LIFE Offering closed April 22) and asset acquisition (Option closed April 14).
• No new financial terms or major strategic shifts are introduced; the market was already aware of the project acquisition and drilling intent.
• The marketing agreement fee ($500k total) is a material expense relative to current cash reserves but aligns with typical junior miner spending post-financing.

Corporate Profile

• Company Name: Core Critical Metals Corp. (TSXV: CCMC).
• Management: Deepak Varshney (CEO/President), Khalid Naeem (CFO).
• Strategy: Exploration and advancement of critical metal projects in Canada (BC, Ontario, Quebec).