North Atlantic Titanium Corp. (CSE: NATO) (OTCQB: NATQ.F) (FSE: Y33) announced that it has submitted applications for drilling permits for its diamond drill program at the Everett Titanium-Vanadium-Phosphate project in Havre-Saint-Pierre, Quebec. The company holds the 2,406-hectare Everett property under option from Romaine River Titanium Inc.
The company has received confirmation from its Quebec environmental consultants that the Permit for forestry activities (PAF) and the Permit for Work with Impact (ATI) for the drilling campaign have been fully filed on behalf of Romaine River and the company. The diamond drilling plans focus on confirming historical drilling from 1951 and 1968 in the northern area of the exposed Everett Oxide Body, totaling approximately 25,000 meters across 20 drill pads, to be completed in three years or less.
The submitted plan highlights minimal forest impacts because the company is mostly brushing out historical drill trails for access. The work will provide access to both the north and south areas of the 2.5-kilometer-long exposure of the Everett Oxide Body. Drilling will proceed in success-contingent stages to test the northern area, leading to a mineral resource estimate. Drilling depths are expected to be less than 350 meters, as described in the ATI application, and all drilling sites will be accessed by the trails prepared under this year's forestry permit.
Dwayne Yaretz, CEO of North Atlantic Titanium, stated: “Metallurgical results from the ongoing Elements08 metallurgical testing reinforce the Company’s strategy to advance a secure, domestic critical minerals processing supply chain in Canada - supporting defense readiness and the reshoring of Western titanium metal production. Work under this ATI permit application will define our technical program and follow-up drilling for the next 18 to 24 months.”
The metallurgical testing is part of a collaboration with Centre technologique des residus industriels (CTRI), Impact Global Solutions, and Corem, managed by the Elements08 Strategic Metals Excellence Centre, partly funded by the Government of Quebec. This program supports the Everett project's development.
North Atlantic Titanium Corp. is focused on developing the Everett titanium-vanadium project in Quebec, targeting the production of high-quality titanium feedstocks with potential value-added vanadium and phosphate coproducts. The company also holds a 100-percent interest in the Sleeping Giant South project in the Abitibi greenstone belt.
For more information, visit the company's website at www.natitanium.com.
