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%
Drill Results Routine +

Atlantico Highlights Pegmatite Field Observations and Hand-Dug Artisanal Mine Tunnels at Novo Cruzeiro in Brazil's Lithium Valley

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

By The Northwire Desk — AI Analysis Jun 30, 2026 · 09:10 ATLA · 0.17 Atlantico Energy Metals Corp.
Executive Summary
  • Atlantico Energy Metals highlights field observations at its Novo Cruzeiro project in Minas Gerais, Brazil.
  • The update documents inactive artisanal mine tunnels, exposed rock faces, weathered saprolite profiles, and light-coloured pegmatitic material.
  • UV-light fluorescence on pegmatites is noted as an exploration indicator rather than proof of mineralization.
  • Samples collected from the artisanal tunnels did not return significant lithium results.
  • The company outlines a next-stage work plan including continued field mapping, targeted sampling of exposed pegmatites, stream-sediment follow-up, ridge and spur soil sampling, geophysical surveys, and trenching.
  • The project remains in early-stage exploration with no known mineralization, no historic drilling, and no mineral resources or reserves.
Material Impact
  • The June 30 release is a direct operational follow-up to the June 26 first-pass assay results.
  • It provides geological context and validates the initial sampling strategy but introduces no new assay data, grade estimates, or economic indicators.
  • The confirmation of artisanal tunnels and pegmatite exposure reduces some geological uncertainty but does not alter the fundamental exploration risk profile.
  • No new financial commitments, capital raises, or strategic partnerships are disclosed.
  • The update is incremental and aligns with standard Phase 1 exploration workflows outlined in the NI 43-101 technical report.
ATLA · Price
Company Overview
  • Atlantico Energy Metals Corp. is a Vancouver-based mineral exploration company focused on lithium and rare earth elements.
  • Flagship asset: Novo Cruzeiro project in Minas Gerais, Brazil, covering over 24,000 hectares in the Eastern Brazilian Pegmatite Province.
  • The company completed a reverse takeover and began trading on the Canadian Securities Exchange (CSE) on June 3, 2026.
  • Management emphasizes a dual-focus strategy on lithium and rare earths, targeting LCT pegmatite systems and magnetic rare earth enrichment.
Read the original news release →

More from Atlantico Energy Metals Corp.

Jun 26, 2026 · 10:37

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

Technical Study Jun 03, 2026 · 16:01

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

M&A / Property