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Churchill Resources Consolidates High-Grade Gold-Antimony Footprint in Central Newfoundland; Enters LOI For 100% Of Golden Baie
TORONTO, ON / ACCESS Newswire / February 17, 2026 / Churchill Resources Inc. (" Churchill" ) (TSXV:CRI) is pleased to announce that it has entered into a binding letter of intent dated February 16, 2026 (the " LOI ") to acquire a 100% undivided interest ...
About this update from Churchill Resources Inc
[{"type":"text","content":"TORONTO, ON / ACCESS Newswire / February 17, 2026 / Churchill Resources Inc. (" Churchill" ) (TSXV:CRI) is pleased to announce that it has entered into a binding letter of intent dated February 16, 2026 (the " LOI ") to acquire a 100% undivided interest in the Golden Baie Antimony-Gold Property (the " Golden Baie Project ") from Canstar Resources Inc (TSXV:ROX) (" Canstar "). By adding the Golden Baie Project to its existing Black Raven Gold-Silver-Antimony Project, host to the historic Frost Cove Antimony Mine, Churchill has successfully consolidated two of the most significant gold-antimony exploration assets in Newfoundland and Labrador, both strategically located in Central Newfoundland and within 100km of the world-class Beaver Brook Antimony Mine.","length":803,"tagName":"p"},{"type":"text","content":"Highlights :[1]):","length":17,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"90km of strike on major regional fault structure","length":48,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Same geological package as the Beaver Brook Antimony Mine, shut down since 2018, and New Found Gold's 1.3Moz Queensway/Kingsway projects.","length":141,"tagName":"p"}]},{"val":[{"type":"text","content":"15 high-grade antimony-gold occurrences along a 30km soil anomaly trend.","length":72,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":213,"olType":false}]},{"val":[{"type":"text","content":"Extensive modern database to prioritize prospects","length":49,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"~$9m invested by Canstar since 2020, including $5.5m in 2022.","length":61,"tagName":"p"}]},{"val":[{"type":"text","content":"15,137 meters (152 diamond drill holes) of gold-focused drilling by Canstar, along with till sampling, soil sampling, trenching and other prospecting work","length":154,"tagName":"p"}]},{"val":[{"type":"text","content":"650km 2 of LIDAR coverage, and 1,913 line-km's of MPASS airborne coverage.","length":78,"tagName":"p"}]},{"val":[{"type":"text","content":"Extensive documentation of 50 gold and antimony mineral occurrences in the Mineral Occurrence Data System (MODS) maintained by the Province of Newfoundland & Labrador's Department of Nature Resources.","length":208,"tagName":"p"...