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Critical One Energy Signs Exploration Agreement with Eabametoong First Nation and Commences Drilling at Howells Lake Antimony-Gold Project

Toronto, Ontario--(Newsfile Corp. - March 12, 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 the signing of a significant exploration agreement with Eabametoong First Nation and the commencement of Phase I drilling at its flagship Howells Lake Antimony-Gold Project ("Howells Lake Project") in Ontario, Canada. The Howells Lake...

articleCritical One Energy Inc.March 12, 20267/company/critical-one-energy-inc/news/critical-one-energy-signs-exploration-agreement-with-eabametoong-first-nation-and-commences-drilling-at-howells-lake-antimony-gold-project-27
Critical One Energy Signs Exploration Agreement with Eabametoong First Nation and Commences Drilling at Howells Lake Antimony-Gold Project

About this update from Critical One Energy Inc.

[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - March 12, 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 the signing of a significant exploration agreement with Eabametoong First Nation and the commencement of Phase I drilling at its flagship Howells Lake Antimony-Gold Project ("Howells Lake Project") in Ontario, Canada. The Howells Lake Project is located in the Thunder Bay Mining Division and seated on the traditional territory of Eabametoong First Nation, approximately 120 to 200 kilometres (km) west of the Ring of Fire corridor.","length":735,"tagName":"p"},{"type":"text","content":"The agreement with Eabametoong First Nation (EFN) establishes a collaborative framework for responsible exploration and potential future development of the Howells Lake Project, underscoring Critical One's commitment to building long-term, mutually beneficial relationships with EFN and Indigenous communities in which it operates. The Company emphasizes transparency and respect for traditional Indigenous knowledge and ways of life, alongside meaningful economic opportunities for EFN members, as foundational to advancing the project sustainably.","length":553,"tagName":"p"},{"type":"text","content":"With the agreement in place, Critical One has mobilized crews and commenced Phase I diamond drilling at the Howells Lake Project. This initial program is designed to test high-priority targets, confirm and expand upon historical high-grade antimony and gold intersections, and gather essential data to support future resource delineation and development efforts.","length":362,"tagName":"p"},{"type":"text","content":""Eabametoong First Nation has been considering the proposed work at Howells Lake, and through recognition of EFN engagement protocols and the rights and interests of membership to partner in the design and conduct of activities in EFN territory, this project represents an important step forward in corporate and First Nation relationships," said Chief Solomon Atlookan. "As our families intensively use and harvest throughout the Howells and surrounding areas, so we had to develop new and innovative environmental measures as well as a...

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Howells LakeEabametoong First NationHowells Lake ProjectLake ProjectCritical One Energy Inccritical mineralsThe CompanyEFNresponsible explorationCritical Onediamond drilling