Northwire Canada EditionFriday, August 14, 2026
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NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0% NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0%
Drill Results

Critical Elements completes survey over Nemaska

By The Northwire Desk — AI Analysis Sep 11, 2025 · 16:21 CRE · 0.415 Critical Elements Lithium Corporation
CRE · Price

Executive Summary

  • Critical Elements Lithium Corp. released initial surface sampling results from its 2025 summer exploration program on the 100 % owned Nemaska Belt property group in Quebec, highlighting high‑grade nickel‑copper‑PGE mineralization (up to 2 % Cu, 0.76 % Ni, 0.07 % Co, 3.38 g/t Pt and 0.62 g/t Pd).
  • The program collected 1,091 rock samples and 73 till samples; assay results are still pending for 452 rock samples, with final data expected in the coming weeks to inform a planned 2026 winter drill campaign.
  • Management continues financing discussions for the flagship Rose lithium‑tantalum project, building on recent $20 M conditional funding from Natural Resources Canada and a potential $115 M (US) long‑term debt commitment.

Key Details

  • Exploration Scope: 1,091 rock samples + 73 till samples collected across 540 km² (1,052 exclusive exploration rights).
  • High‑Grade Grab Sample Highlights:
  • Cu: 17 samples >0.1 % Cu, max 2.00 % Cu
  • Ni: 25 samples >0.1 % Ni, max 0.76 % Ni
  • Co: 6 samples >0.025 % Co, max 0.07 % Co
  • Pt: 1 sample 3.38 g/t Pt
  • Pd: 9 samples ≥0.1 g/t Pd, max 0.62 g/t Pd
  • Ag: 35 samples >1.0 g/t Ag, max 13.6 g/t Ag
  • Mo: 2 samples 0.32 % and 0.22 % Mo
  • Sampling Note: Grab samples are selective; grades may not represent average mineralization.
  • Assay Status: 452 rock sample assays pending; final results expected within weeks.
  • Future Plans: Results will feed into a 2026 winter drill program targeting high‑grade Ni‑Cu‑PGE and lithium‑bearing spodumene zones, as well as expanding the Rose West discovery footprint.
  • Rose Project Context: Feasibility study (Aug 2023) showed after‑tax NPV of US$2.2 bn (8 % discount) and IRR of 65.7 %.
  • Financing Activity: Ongoing efforts to secure final investment decision financing; references $20 M conditional funding from Canada’s Critical Minerals Infrastructure Fund and a letter of interest for up to US$115 M debt from a major Canadian financial institution.
  • Qualified Person: Francois Gagnon, P.Geo., Operations Director – Quebec (Dahrouge Geological Consulting Ltd.).

Notable Quotes

(No direct CEO/President quotes were provided in the release.)

Read the original news release →

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