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Critical One Energy Confirms Target Depth Extension at Howells Lake Antimony-Gold Deposit
Globenewswireยท2025-10-01 20:21

Core Insights - Critical One Energy Inc. has confirmed significant expansion potential of the antimony-gold deposit at its Howells Lake Project through advanced geophysical and geological modelling [1][2] - The Howells Lake Project is strategically located approximately 200 km from the Ring of Fire corridor in Ontario, Canada, and is positioned as a cornerstone asset for antimony and gold exploration [1][2] Exploration and Modelling - A recent Geotech VTEM geophysical survey and detailed geological modelling have identified new characteristics of the antimony-gold mineralization at the East (V-3) Zone [2] - Previous drilling at the V-3 target intersected up to 75% antimony within a core interval of 5.37% antimony over 8.35 meters, indicating strong mineralization potential [5] - The East Antimony-Gold Zone is interpreted to extend to a depth of up to 400 meters or more, with ongoing geological and geophysical data analysis [5] Resource Estimates - The Howells Lake Project hosts a historical resource of 1.7 million tons at a grade of 1.4% antimony, although this resource is not compliant with National Instrument (NI) 43-101 standards [3][6] - Geological mapping and significant drilling will be required to establish a NI 43-101 compliant resource estimate for the known antimony mineralization [6] Company Overview - Critical One Energy Inc. focuses on critical minerals, particularly antimony and gold, and is strategically positioned to meet the rising global demand for these resources [9] - The company also has uranium investment interests in Namibia, Africa, enhancing its portfolio in the critical minerals sector [9]