Northwire Canada EditionWednesday, November 11, 2026
Northwire
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Drill Results

Critical One Energy Signs Exploration Agreement with Eabametoong First Nation and Commences Drilling at Howells Lake Antimony-Gold Project

CRTL · Price

Executive Summary

  • Critical One Energy Inc. signed a collaborative exploration agreement with Eabametoong First Nation for the Howells Lake Antimony‑Gold Project in Ontario.
  • The company has mobilized crews and begun Phase I diamond drilling to test high‑priority targets and validate historic high‑grade antimony and gold intersections.
  • Critical One will issue CDN$250,000 of shares within 30 days of signing and provide additional cash considerations tied to exploration value.

Key Details

  • Agreement Scope: Establishes a framework for responsible exploration and potential future development on approximately 25,000 ha (30 km strike) in the Thunder Bay Mining Division, respecting EFN engagement protocols and Indigenous rights.
  • Drilling Program: Phase I diamond drilling launched to confirm historic intercepts such as up to 75 % antimony, >14 g/t Au, 5.37 % antimony over 8.35 m, and other high‑grade zones. Data will support future resource delineation.
  • Historical Resource: Previously reported 1.7 M t at 1.4 % antimony with associated gold (Inferred + Speculated; not NI 43‑101 compliant).
  • Equity Issuance: CDN$250,000 worth of Common Shares to be issued within 30 days of the agreement signing.
  • Cash Consideration: Additional cash payments will be made based on exploration value and project expenses throughout its life.
  • Qualified Person Disclaimer: Historical assay data not verified under current NI 43‑101 standards; resource estimate is not current.

Notable Quotes

  • “We are thrilled to formalize our relationship with Eabametoong First Nation… advancing a project of strategic importance for critical minerals like antimony.” – Duane Parnham, Founder, Executive Chairman & CEO, Critical One Energy Inc.
  • “This project represents an important step forward in corporate and First Nation relationships.” – Chief Solomon Atlookan, Eabametoong First Nation.
Read the original news release →

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