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Critical One Energy Receives Exploration Permit for Howells Lake Antimony-Gold Project
Toronto, Ontario--(Newsfile Corp. - February 23, 2026) - Critical One Energy Inc. (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF) ("Critical One" or the "Company"), a leading Canadian mining exploration company focused on critical metals and minerals, is pleased to announce that the Ontario Ministry of Energy and Mines has issued an Exploration Permit, PR-24-000227, for its Howells Lake Antimony-Gold Project ("Howells Lake Project") located in the Thunder Bay Mining District of Ontario. Located...
About this update from Critical One Energy Inc.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - February 23, 2026) - Critical One Energy Inc. (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF) ("Critical One" or the "Company"), a leading Canadian mining exploration company focused on critical metals and minerals, is pleased to announce that the Ontario Ministry of Energy and Mines has issued an Exploration Permit, PR-24-000227, for its Howells Lake Antimony-Gold Project ("Howells Lake Project") located in the Thunder Bay Mining District of Ontario. Located approximately 120 kilometres (km) west of the Ring of Fire, Ontario's multi-billion-dollar infrastructure development, this project is strategically positioned to contribute to Canada's critical minerals strategy, reducing reliance on foreign supplies amid growing global demand and constrained supply.","length":835,"tagName":"p"},{"type":"text","content":"The Howells Lake Project encompasses a promising mineral deposit with historical indications of high-grade antimony and antimony-gold mineralized zones, plus unlimited exploration upside for new discoveries. With the drilling permit now in hand, Critical One plans to commence an initial drilling program shortly to further delineate the resource potential proximal to the historic discovery and advance the project toward a feasibility study.","length":443,"tagName":"p"},{"type":"text","content":""We are thrilled with this approval, which underscores our commitment to responsible exploration and development," said Duane Parnham, Founder, Executive Chairman and CEO of Critical One. "This is a significant milestone that demonstrates the government's confidence in our project's viability and our team's expertise. We remain deeply respectful of the Eabametoong First Nation (EFN) and are grateful for their collaboration through the consultation process, which ensures that our activities align with community values, environmental stewardship and mutual partnership."","length":606,"tagName":"p"},{"type":"text","content":"The Company has prioritized environmental sustainability and community engagement throughout the permitting process. The drilling program will incorporate best practices for minimal impact, including comprehensive monitoring and consultation with EFN in the spirit of the agreed terms.","length":285,"tagName":"p"},{"t...