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Other

Critical One Energy Receives Ontario Government Funding Grant for Howells Lake Antimony-Gold Project Exploration Work

By The Northwire Desk — AI Analysis Feb 13, 2026 · 06:51 CRTL · 0.78 Critical One Energy Inc.
CRTL · Price

Executive Summary

  • Critical One Energy Inc. received official approval from the Ontario Government for initial funding under the Ontario Junior Exploration Program (OJEP) 2025‑2026 intake to support its Howells Lake Antimony‑Gold Project.
  • The grant will fund accelerated drilling and exploration activities slated to begin in spring 2026, enhancing the company’s ability to develop one of Canada’s largest known undeveloped antimony systems.
  • Historical data indicate a historic resource of 1.7 million tonnes at 1.4% Sb with high‑grade gold intersections, underscoring the project’s strategic importance for critical mineral supply chains.

Key Details

  • Grant Provider: Ontario Ministry of Mines (Ontario Junior Exploration Program – OJEP).
  • Funding Scope: Initial funding under the 2025‑2026 intake; specific dollar amount not disclosed.
  • Project Targeted: Howells Lake Antimony‑Gold Project, ~120 km west of the Ring of Fire road corridor, Thunder Bay Mining District, Ontario.
  • Exploration Focus: Identification and evaluation of high‑potential sites for antimony, gold, and other critical minerals; aligns with provincial EV and renewable energy supply‑chain goals.
  • Planned Activities: Accelerated drilling program to commence in spring 2026, with preliminary results expected shortly thereafter.
  • Historical Resource Estimate: 1.7 million tonnes at 1.4% antimony (Sb) with associated gold; historic drill intercepts include up to 75% Sb and >14 g/t Au, plus intervals such as 5.37% Sb over 8.35 m.
  • Land Package: Approximately 25,000 ha covering a 30 km strike within a proven greenstone belt.
  • Qualified Person (QP): Matthew Trenkler, P.Geo., Chief Geological Officer – reviewed and approved technical content; notes that historical data are not verified under current NI 43‑101 standards and resource estimate is not current.
  • Strategic Significance: Supports domestic critical mineral supply chain development for electric vehicles, renewable energy technologies, and advanced manufacturing.

Notable Quotes

“This approval marks a significant milestone for Critical One as we continue to push the boundaries of sustainable resource development of antimony and other critical metals,” – Duane Parnham, Founder, Executive Chairman & CEO.

The release contains forward‑looking statements regarding anticipated drilling activities and project outcomes.

Read the original news release →

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High-grade antimony discovery fueled the rally, but the project remains a drill hole chasing a history of broken dreams.

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