Northwire Canada EditionThursday, July 30, 2026
Northwire
TECK 86.37 +6.8% BIG 0.700 +18.6% PTU 0.320 −3.0% GZD 0.080 −11.1% AFM 1.47 +2.8% VCT 0.065 +8.3% BEM 0.065 +0.0% NMI 0.195 +0.0% VLD 0.540 +0.0% BOL 0.080 +6.7% EDCU 0.430 −2.3% SYH 0.375 +1.4% TECT 2.07 +1.0% NAU 1.49 −0.7% VTEN 0.750 +0.0% DLTA 0.155 +3.3% TECK 86.37 +6.8% BIG 0.700 +18.6% PTU 0.320 −3.0% GZD 0.080 −11.1% AFM 1.47 +2.8% VCT 0.065 +8.3% BEM 0.065 +0.0% NMI 0.195 +0.0% VLD 0.540 +0.0% BOL 0.080 +6.7% EDCU 0.430 −2.3% SYH 0.375 +1.4% TECT 2.07 +1.0% NAU 1.49 −0.7% VTEN 0.750 +0.0% DLTA 0.155 +3.3%
Drill Results

Critical One Energy Receives Exploration Permit for Howells Lake Antimony-Gold Project

CRTL · Price

Executive Summary

  • Ontario Ministry of Energy and Mines issued Exploration Permit PR‑24‑000227 for Critical One’s Howells Lake Antimony‑Gold Project.
  • The permit enables the company to commence an initial drilling program to delineate historic high‑grade antimony and gold zones.
  • Historical data indicate a resource of 1.7 M t at 1.4% antimony with notable intercepts (up to 75% antimony, >14 g/t Au), positioning the project as a major undeveloped antimony system in Canada.

Key Details

  • Permit number: PR‑24‑000227 issued by Ontario Ministry of Energy and Mines for the Howells Lake Project in the Thunder Bay Mining District.
  • Project location: ~120 km west of the Ring of Fire; land package ≈25,000 ha over a 30 km strike on a proven greenstone belt.
  • Historical resource (non‑NI 43‑101): 1.7 M t at 1.4% antimony, with associated gold mineralization.
  • Notable historic drill intercepts:
  • Up to 75% antimony and >14 g/t Au in single assays.
  • Interval of 5.37% antimony over 8.35 m.
  • Company plans to start an initial drilling program soon after permit issuance to verify and expand historic intercepts and move toward a feasibility study.
  • Environmental and community commitments: drilling will follow best‑practice, low‑impact methods with ongoing consultation with the Eabametoong First Nation (EFN).
  • Qualified Person: Matthew Trenkler, P.Geo., Chief Geological Officer, reviewed and approved technical content; historical data not verified under current NI 43‑101 standards.

Notable Quotes

“We are thrilled with this approval, which underscores our commitment to responsible exploration and development,” – Duane Parnham, Founder, Executive Chairman & CEO, Critical One Energy Inc.


Materiality Assessment: Non-Material – Positive (the permit is a forward‑looking operational milestone without immediate financial impact).

Read the original news release →

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