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Meta Critical Minerals Signs Option Agreement To Acquire High-Grade U.S. Critical Minerals Project Covering Two Historical Deposits Rich in Zircon, Titanium and Rare Earths
VANCOUVER, BC / ACCESS Newswire / April 28, 2026 / Meta Critical Minerals Inc. (formerly Troy Minerals Inc.) (the "Company" or "Meta") (CSE:MTTA)
About this update from Meta Critical Minerals Inc.
[{"type":"text","content":" VANCOUVER, BC / ACCESS Newswire / April 28, 2026 / Meta Critical Minerals Inc. (formerly Troy Minerals Inc.) (the \"Company\" or \"Meta\") (CSE:MTTA) (OTCQB:MTTAF) (FSE:VJ3) is pleased to announce that, on April 27, 2026, it entered into an option to purchase agreement (the \"Agreement\") with Arcadia Minerals Inc. (\"Arcadia\"), a privately owned U.S. corporation to acquire a 100% interest in a portfolio of critical minerals projects located in north-central Wyoming, USA (the \"Arcadia Project\" or the \"Project\"). The Project comprises approximately 3,760 acres of Bureau of Land Management (BLM) claims and State leases and hosts two advanced-stage heavy mineral sand deposits known as Grass Creek and Dugout Creek, which contain high-grade zircon (zirconium), ilmenite (titanium) and monazite (rare earth elements (REE)). HIGHLIGHTS The Project is located in Wyoming (See Figure 1), one of the top-ranked mining jurisdictions globally. Strong infrastructure: road access, power, rail and skilled workforce nearby. Advanced critical minerals project with significant historical drilling, metallurgical testing and engineering work completed by independent consulting firms in USA, Canada & Australia. High-grade zircon values, including reported averages up to ~2.2% ZrSiO4 at Grass Creek, significantly above global averages (~0.7%). Two near-surface deposits amenable to low-cost open pit mining. From drilling to date, both deposits exhibit significant potential in terms of size, with the Grass Creek estimated to cover an area approximately 7,800 feet (2377 metres) long and 500 feet (152 metres) wide. The mineralized material in both deposits is open-ended in multiple directions and both merit further exploration for resource definition. Presence of monazite at significant concentrations, a key source of rare earth elements including critical minerals used in the magnet production industry. Positioned to benefit from U.S. government initiatives supporting domestic critical minerals supply chains. Immediate tasks include among others, further exploration studies to produce a NI 43-101 compliant Mineral Resource Estimate (MRE), additional metallurgical testing through a bulk sample, Preliminary feasibility Study (PFS) and permitting work. Rana Vig, Chief Executive Officer of Meta, commented: \"This acquisition represents a significant s...