Northwire Canada EditionSaturday, October 31, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Technical Study Routine +

Atlantico Highlights First-Pass Rare Earth Enrichment and Lithium Pathfinders from NI 43-101 Results at Flagship Novo Cruzeiro Project

By The Northwire Desk — AI Analysis Jun 26, 2026 · 10:37 ATLA · 0.14 Atlantico Energy Metals Corp.
ATLA · Price

Executive Summary

  • Atlantico Energy Metals highlights first-pass exploration results from its NI 43-101 Technical Report for the Novo Cruzeiro project in Brazil, demonstrating rare earth oxide enrichment and lithium pathfinder indicators across a large, underexplored land package.
  • The program collected 170 stream sediment and 61 rock samples, revealing TREO values up to ~1,422 ppm and MREO values up to 328.49 ppm, alongside Li/Cs/Rb anomalies pointing to potential LCT pegmatite targets beneath weathered cover.
  • The Company also announced a $100,000 marketing services agreement with Machai Capital Inc. for a one-month period, subject to CSE approval.

Key Details

  • Exploration program collected 170 stream sediment samples (~1 per 1.45 sq km) and 61 rock samples across the Novo Cruzeiro property.
  • TREO (Total Rare Earth Oxides) mean value ~421 ppm; maximum value ~1,422 ppm, dominated by cerium, lanthanum, and neodymium.
  • MREO (Magnetic Rare Earth Oxides) maximum value 328.49 ppm; upper 95th percentile 259.83 ppm, including neodymium, praseodymium, dysprosium, and terbium.
  • Lithium pathfinder anomalies (Li, Cs, Rb) identified in at least four stream catchments, supporting LCT pegmatite systems; rock samples returned no anomalous lithium values, likely due to >10m deep saprolite cover.
  • Lithium follow-up roadmap includes upstream tracing, prospecting, soil sampling, ground-penetrating radar, trenching, and channel sampling to look through weathered cover.
  • Rare earth follow-up roadmap includes channel sampling of exposed saprolite, soil/mobile-element geochemistry, mechanical auger testing through saprolite, with potential future drilling and expanded geophysics.
  • Project covers 15 contiguous exploration permits totaling 24,387.28 hectares across Itaipé, Ladainha, and Novo Cruzeiro in Minas Gerais, Brazil, situated in the Eastern Brazilian Pegmatite Province.
  • Marketing agreement with Machai Capital Inc. dated June 19, 2026, for digital marketing services (SEO, SEM, lead generation, social media, etc.) over a one-month term.
  • Marketing consideration is $100,000 plus GST, payable from general working capital; Machai is arm's length with no security ownership and engagement is subject to CSE approval.
  • Technical basis is the NI 43-101 Technical Report dated February 9, 2026; no known mineralization, historic drilling, mineral resources, or reserves exist; high exploration risk remains.
  • Qualified Person: Andrew Lee Smith, P.Geo. (Advisory Board member, not independent).

Notable Quotes

  • "These first-pass assay results from our NI 43-101 Technical Report provide exactly the kind of technical foundation we want at this stage of exploration." – Bonn Smith, President and CEO
  • "Critical minerals are not abstract. They are physical minerals that make electrification, renewable energy, batteries and advanced technologies possible." – Bonn Smith, President and CEO
  • "These early fieldwork results point to a broader and more compelling critical-minerals opportunity than a single isolated anomaly. Novo Cruzeiro is not presenting as a one-mineral story..." – Bonn Smith, President and CEO
Read the original news release →

More from Atlantico Energy Metals Corp.

Jun 30, 2026 · 09:10

Early-stage Brazilian lithium and rare earth explorer trades on CSE following reverse takeover.

Drill Results Jun 03, 2026 · 16:01

Atlantico Energy Metals Lists on CSE as Brazil Lithium Play Gains Exchange Visibility

M&A / Property