Northwire Canada EditionTuesday, November 10, 2026
Northwire
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Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
Drill Results

Power Metallic Intercepts 16.55 Meters of 15.11% CuEqRec Superscript 1 in Hole 25-049, and 7.60 Meters of 7.20% CuEqRec Superscript 1 in Hole 25-043 at Lion

High-Grade Drill Hits at Rose West Overshadowed by Management Turnover and Aggressive IR Spend

Executive Summary

The most recent news (March 10, 2026) reports high-grade copper-platinum-palladium intercepts from the Lion Zone at the Power Metallic project, where Critical Elements (CRE) holds a significant equity stake (~10M shares). Specifically, Hole 25-049 returned 16.55 meters of 15.11% CuEq. This follows a series of administrative and operational updates for CRE, including the resignation of Eric Boehnke as CEO/Director (Feb 20, 2026) and his replacement by Christopher Huggins. Earlier in February, the company launched a 10,000-meter drill program at its 100%-owned Rose West discovery.

Material Impact
  • Operational (Neutral to Positive): The drill results from the Lion Zone (Power Metallic) are technically impressive but impact CRE only as a portfolio holder. The 10,000m program at Rose West is the primary value driver for CRE shareholders.
  • Management (Negative/Risk): The sudden resignation of Eric Boehnke (CEO/CFO/Secretary) on Feb 11, 2026, is a red flag. While a successor was named immediately, such wholesale turnover in the executive suite during a major drill program and financing push suggests internal friction or a shift in strategy.
  • Financial (Negative): The company has significantly increased its spend on third-party marketing and IR firms (Adelaide Capital, Oak Hill, Native Ads, etc.) as of early 2026. This often signals a desperate need to support the share price to facilitate upcoming capital raises.
  • Exploration (Positive): The Rose West discovery continues to show high-grade lithium potential (e.g., 2.22% Li2O over 20.3m), which could materially expand the resource base of the flagship Rose Project.
CRE · Price
Company Overview

Critical Elements is focused on the Rose Lithium-Tantalum Project in James Bay, Quebec. - Stage: Feasibility (August 2023). - Economics: After-tax NPV (8%) of $2.2B USD and IRR of 65.7%. - Flagship Status: Fully permitted (Federal and Provincial) with a mining lease in hand. - Secondary Focus: The Nemaska Belt (100% owned), a 100km-long structure prospective for Lithium and Ni-Cu-PGE.

Read the original news release →

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