Production / Operations Routine +

North Atlantic Titanium Joins the Metallurgical Testing Collaboration Program on the Everett Titanium Project, Quebec, with the Elements08 Strategic Metals Excellence Centre

Quebec Titanium Explorer Advances State-Backed Metallurgy Tests Amid Defense Supply Chain Push

By The Northwire Desk — AI Analysis Mar 31, 2026 · 08:30 NATO · 0.11 North Atlantic Titanium Corp.

Executive Summary

North Atlantic Titanium officially joined the Elements08 Strategic Metals Excellence Centre collaborative program on March 31, 2026, alongside Romaine River Titanium, CTRI, Impact Global Solutions, and Corem.
Phase 2 of the program has commenced, utilizing a 1,200-kg representative sample collected in December 2025 from the Everett property's oxide body.
Testing includes bench-scale magnetic, flotation, gravity separation, and hydrometallurgical processes aimed at recovering titanium, vanadium, iron, phosphorus, and potential scandium.
The program carries a $462,000 budget, with up to $323,000 in non-dilutive funding from the Government of Québec. North Atlantic Titanium contributed a $75,000 cash fee and in-kind fieldwork.
This announcement follows a clear operational sequence established in early 2026: a $1.25M private placement closed in January, completion of the first option payment for the Everett property, and the retention of Micon International for technical reporting.

Material Impact

The news is incremental and aligns precisely with the stated use of proceeds from the January 2026 financing. It does not introduce unexpected value or alter the project's fundamental risk profile.
The heavy reliance on non-dilutive government funding ($323,000 of $462,000) is a positive capital efficiency measure, limiting near-term cash burn for the company.
Metallurgical testing is a standard, necessary step for early-stage hard rock projects. Until recovery rates, concentrate grades, and process economics are published, the commercial viability remains unproven.
The announcement is categorized as Routine - Positive because it confirms execution on a previously funded plan without delivering definitive technical or economic breakthroughs.

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Company Overview

North Atlantic Titanium Corp. (formerly Muzhu Mining Ltd.) is a Canadian exploration company focused on critical minerals, having rebranded in January 2026 to reflect its strategic pivot.
The flagship asset is the Everett Titanium Project in Havre-Saint-Pierre, Québec, comprising 49 mineral tenures covering 2,406 hectares.
Historical drilling indicates a large-scale oxide body with an estimated 234 Mt grading 10.8% TiO2, 17.9% Fe, and 2.8% P2O5. A higher-grade subset of 50.8 Mt @ 14.1% TiO2 has also been reported.
Crucially, these historical estimates are not NI 43-101 compliant and require systematic verification drilling, modern QA/QC protocols, and independent technical reporting before they can be relied upon for economic modeling.

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