Northwire Canada EditionFriday, August 7, 2026
Northwire
UTWO 0.380 +2.7% KTN 1.30 +3.2% PEX 0.200 +2.6% BTO 6.95 +21.1% SRC 1.71 −1.2% FTJ 0.040 +0.0% WMS 0.040 +0.0% TUO 1.56 +1.3% LMR 0.120 +0.0% STND 0.075 +3.5% ASE 0.940 +4.4% YGT 0.185 +2.8% SMY 0.200 +0.0% STS 0.240 +11.6% HSTR 1.97 +4.8% CTG 0.110 +0.0% UTWO 0.380 +2.7% KTN 1.30 +3.2% PEX 0.200 +2.6% BTO 6.95 +21.1% SRC 1.71 −1.2% FTJ 0.040 +0.0% WMS 0.040 +0.0% TUO 1.56 +1.3% LMR 0.120 +0.0% STND 0.075 +3.5% ASE 0.940 +4.4% YGT 0.185 +2.8% SMY 0.200 +0.0% STS 0.240 +11.6% HSTR 1.97 +4.8% CTG 0.110 +0.0%
Drill Results

Critical One Energy Geophysical Interpretation Identifies Significant Extension Potential to Howells Lake Antimony-Gold Mineralization

CRTL · Price

Executive Summary

  • Advanced VTEM airborne magnetic and electromagnetic survey modeling identifies at least a 2 km westward extension of antimony‑gold mineralization at the Howells Lake Project.
  • Historical drill intercepts (up to 4.7% Sb and 25.5 g/t Au) are supported by newly modeled EM conductors that also extend northeast and at depth (>300 m).
  • The company plans a fully funded follow‑up drilling program to test the expanded targets.

Key Details

  • VTEM survey interpretation reveals:
  • West‑striking, north‑dipping mineralized zone with stibnite, pyrite, pyrrhotite and brecciated graphite extending ≥2 km west of historic drill holes.
  • EM anomalies also extend northeast and at depth (>300 m) along a magnetic low structural corridor spanning >8 km of the claim set.
  • New EM conductors lie beneath historic east and west zones, indicating lateral extension of known antimony‑gold mineralization.
  • Historical drilling highlights (for context):
  • Hole W‑79‑2: 4.7% Sb & 25.5 g/t Au over 1.43 m (Howells Lake West Zone).
  • Hole MC‑V3‑79‑22: 75% Sb within a 5.37% Sb interval over 8.35 m (East Zone).
  • Hole MC‑V3‑79‑11: 1.18% Sb over 5.8 m.
  • Geological interpretation:
  • Mineralization controlled by late west‑striking, north‑dipping altered stratigraphy and fault zones on the margins of a feldspar porphyry.
  • EM anomalies suggest favorable stratigraphy outside historic V‑3 deposit and potential additional porphyries hosting ore‑forming fluids.
  • Project scale:
  • Historical resource of 1.7 Mt at 1.4% Sb with associated Au (non‑NI 43‑101 compliant).
  • Resource estimate predates NI 43‑101; re‑evaluation required for compliance.
  • Forward‑looking actions:
  • Ongoing geological and geophysical data review.
  • Advancement of exploration plans for follow‑up drilling to delineate and expand antimony‑gold deposits (referencing prior releases Aug 28 2025 & Sep 4 2025).

Notable Quotes

“These interpretive results validate our understanding of the potential of Howells Lake to be a cornerstone asset with exceptional antimony and gold exploration and development potential.” – Duane Parnham, Founder, Executive Chairman & CEO, Critical One Energy Inc.

Read the original news release →

More from Critical One Energy Inc.