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Total Metals Acquires 100% Interest in the High-Grade Pick Lake Critical Minerals Property from Frontier Energy Limited
(TheNewswire) April 16, 2026, Toronto, ON – TheNewswire - Total Metals Corp. (&#...
About this update from Total Metals Corp
[{"type":"text","content":"Total Metals Acquires 100% Interest in the High-Grade Pick Lake Critical Minerals Property from Frontier Energy Limited \n(TheNewswire)\n\n\nApril 16, 2026, Toronto, ON –\nTheNewswire - Total Metals Corp.\n(“Total Metals” or the\n“Company”) (TSX-V:\nTT) (OTCQB: TTTMF) (FSE: O4N) is pleased to\nannounce that it has acquired a 100% interest (the “Acquisition”) in\nthe mineral rights underlying the Pick Lake Critical Minerals Property\n(the “Project”) from Frontier Energy Limited (ASX: FHE) (“Frontier”) and\nFrontier’s wholly owned subsidiary, Pick Lake Mining Limited\n(“Pick Lake”). The Acquisition was completed on a purchase and sale\nagreement dated April 15, 2026 (the “Purchase Agreement”). \n\n\n\"This Project is one of the absolute best,\nhigh-grade Critical Mineral assets in the world\" stated Tyler\nThorburn, President and CEO. \"Pick\nLake resides in the prolific mining jurisdiction\nof NW Ontario and aligns with our goal of acquiring and advancing\nspectacular Canadian high-grade assets in Tier 1 mining\njurisdictions.\"\n\n\n\"The exploration upside at Pick Lake is absolutely\nphenomenal,\" commented Michael Dehn, Executive Chairman.\n\"When you look at the sheer scale of this expansive land package\nand the concentration of historical mineral occurrences that have\nbarely been scratched by modern techniques, the potential for new\ndiscoveries is incredibly exciting. We have a robust pipeline of\nhistorical targets with all the right geological signatures ready for\nfollow-up. We are eager to get to work and uncover the true,\ndistrict-scale potential of this high-grade system.\"\n\n\nPick Lake Critical Minerals\nProperty\n\n\nThe Pick Lake property, consisting of 75 claims and a\nmining lease covering over 5,260 hectares, is accessible via a road\nconnected to the Trans-Canada Highway to the south. \n\n\nThe Property is located within the Winston Lake\ngreenstone belt which is part of the Archean Wawa-Abitibi Terrane of\nthe Superior Province of the Canadian Shield. Within the Winston Lake\ngreenstone belt, the Winston Lake Sequence is comprised of a series of\npredominately felsic to intermediate volcanics, volcaniclastics and\nsediments with minor mafic flows, all with a calc-alkalic affinity.\nThe sequence ...