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Northfield's Flagship Investment Juno Corp. Discovers Heavy Rare Earth Magnet Metals at Vespa
Broadens Juno's Polymetallic Critical Minerals System in Ontario's Ring of Fire TORONTO, ON ...
About this update from Northfield Capital Corporation Class A
[{"type":"text","content":"Northfield's Flagship Investment Juno Corp. Discovers Heavy Rare Earth Magnet Metals at VespaBroadens Juno's Polymetallic Critical Minerals System in Ontario's Ring of Fire TORONTO, ON / ACCESS Newswire / May 19, 2026 / Northfield Capital Corporation (\"Northfield\" or the \"Company\") (TSXV:NFD.A) is pleased to comment on the announcement made today by Juno Corp. (\"Juno\") regarding the discovery of heavy rare earth element (\"HREE\") mineralization, including the magnet metals neodymium, praseodymium, dysprosium and terbium, within Juno's Vespa critical minerals system in Ontario's Ring of Fire (the \"Juno Announcement\"). For the full text of the Juno Announcement, including the technical disclosure relating to drill hole VES-26-025 and the associated assay results, please refer to Juno's press release dated May 19, 2026, available at www.junocorp.com.Northfield holds an approximately 35% equity interest in Juno, making Juno one of the most significant investments in Northfield's portfolio. The discovery disclosed in the Juno Announcement broadens the polymetallic critical minerals profile of Juno's Vespa system, which has previously been reported to host high-grade iron, titanium, vanadium, scandium and gallium mineralization.Robert D. Cudney, Founder, President and Chief Executive Officer of Northfield, commented: \"Today's announcement from Juno is a meaningful validation of the investment thesis Northfield has been building around the Ring of Fire. Heavy rare earth magnet metals are among the most strategically contested commodities in the global supply chain, and the identification of these metals at Vespa - alongside the high-grade iron, titanium, vanadium, scandium and gallium previously discovered at the Vespa system - reinforces our view that Juno represents a compelling Canadian critical minerals opportunity. Northfield's approximately 35% interest in Juno provides our shareholders with direct exposure to this opportunity as it continues to develop.\"Summary of the Juno AnnouncementAs disclosed by Juno in the Juno Announcement, key elements include:Heavy rare earth element mineralization, including the four key magnet metals - neodymium, praseodymium, dysprosium and terbium - as well as yttrium and other critical rare earths, has been identified within Juno's Vespa critical minerals system;The discovery is hosted w...