Canadian Chrome enters deal with Atkinsrealis

Executive Summary

• The Canadian Chrome Company Inc. (via subsidiary Canada Chrome Corp.) signed a supplementary memorandum of agreement with Atkinsrealis Canada Inc. to provide consent for geotechnical and aggregate source testing activities for the Northern Road Link project.
• This agreement grants temporary access rights under the Ontario Public Lands Act for 13 borehole locations along the company's mineral exploration claims in the James Bay lowlands.
• The work supports the environmental assessment for the multiuse all-season road connecting the Marten Falls Community Access Road and the Webequie Supply Road, facilitating future mining development in the Ring of Fire.

Key Details

• Agreement Type: Supplementary memorandum of agreement signed in 2025, additional to a previous agreement from November 2024.
• Counterparties: The Canadian Chrome Company Inc. (via wholly owned subsidiary Canada Chrome Corp.) and Atkinsrealis Canada Inc.
• Project Context: Atkinsrealis is the contractor representing Marten Falls First Nation (MFFN) and Webequie First Nation (WFN), who are proponents of the environmental assessment for the Northern Road Link.
• Scope of Work: Geotechnical investigation and aggregate source testing activities.
• Access Rights: Temporary access rights granted pursuant to the Public Lands Act (Ontario) for 13 specific borehole locations.
• Location: Along the northern half of the route of the proposed utility corridor for transportation and electrification systems, stretching approximately 330 kilometres from Nakina, Ontario, to the company's Black Horse chromite discovery in the Ring of Fire.
• Duration: Work expected to begin on or after September 15, 2025, and continue until approximately late November, subject to weather conditions.
• Post-Work Conditions: Access rights obtained by Atkinsrealis will be surrendered at the end of the period, and all surface access rights will be restored to CCC.
• Data Sharing: Atkinsrealis is required to provide CCC with copies of results and material regarding the work as aspects are completed.
• Strategic Value: CCC believes the study results will assist in the efficient development of mines, minerals, and mining rights as contemplated by the Mining Act (Ontario).

Notable Quotes

• "The company believes that the results of those studies will assist it and its subsidiary in their activities and continuing efforts for the efficient development of mines, minerals and mining rights as contemplated by the Mining Act (Ontario)."