North Atlantic Titanium Corp. (CSE: NATO) (OTCQB: NATQ.F) (FSE: Y33) has provided additional details on its application for a three-year drilling permit at the Everett Titanium-Vanadium-Phosphate project near Havre-Saint-Pierre, Quebec. The company reported that mineralogical characterization by Corem (Consortium de recherche en traitement de mineral) of a composite metallurgical sample from 57 sites across the Everett oxide body showed that approximately 99% of oxide minerals consist of high-quality hemo-ilmenite with very low magnesium, manganese, and aluminum impurities.
This characterization, combined with recent verification of historical sampling, has focused the planned drilling program on the northern portion of the Everett oxide body, totaling 25,000 meters. The company holds the 2,406-hectare Everett property under option from Romaine River Titanium Inc. Pending permits include a Permit for Forestry Activities (PAF) and a Permit for Work with Impact (ATI) for the drilling campaign. While awaiting permit responses, surface exploration and metallurgical sampling continue.
The diamond drilling plans target confirmation of historical drilling from 1951 and 1968 in the northern area, with approximately 25,000 meters across 20 drill pads to be completed in three years. The targeted oxide body dips gently 20-30° to the ESE. The ATI application outlines two stages: Stage 1 includes 6,000 meters of widely spaced drilling between sections 9N and 19N to delineate the oxide body limits, collect samples, and frame follow-up drilling. Stage 2 comprises success-contingent infill drilling of about 19,000 meters to define a Mineral Resource Estimate (MRE). Stage 1 drilling is expected to commence upon ATI acceptance, with Stage 2 likely beginning in late winter 2026-27.
The Everett project is distinct from the nearby Lac Tio mine, the world's largest hard-rock ilmenite deposit. While both are hosted by the Lac Allard Anorthosite intrusion, Everett is characterized by an oxide-apatite-gabbronorite with hemo-ilmenite containing significantly lower magnesium, manganese, chromium, and aluminum than Lac Tio. The Corem analysis reported a mean MgO content of 0.38% in the hemo-ilmenite, compared to 1.6-3.2% at Lac Tio. The composite sample graded 37.0% Fe2O3, 17.4% TiO2, 0.18% V2O5, and 2.27% P2O5, with over 99% of oxides as hemo-ilmenite.
CEO Dwayne Yaretz stated, “Metallurgical results 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.” The company views the Everett project as a broader Fe-Ti-V-P critical-minerals opportunity rather than a conventional titanium orebody.
The mineralized unit, Unit 7 (oxide-apatite-gabbronorite), spans over 6 km of strike length on the property. The Everett Oxide Body remains open along strike to the north and south and down-dip. The Corem analysis confirmed that hemo-ilmenite and apatite comprise over 50% of the composite sample. The project is part of the Elements08 Strategic Metals Excellence Centre program, funded by the Government of Quebec, in collaboration with CTRI, IGS, and Corem.
For more information, visit the company's website at www.natitanium.com. The qualified person for the technical information is Julien Davy, P.Geo., M.Sc., MBA, an independent consultant.
