Critical One Energy Engages Micon International for Howells Lake Antimony-Gold Project Resource Definition

About this update from Critical One Energy Inc.

Toronto, Ontario--(Newsfile Corp. - August 4, 2026) - Critical One Energy Inc. (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF) ("Critical One" or the "Company") is pleased to announce that Micon International Limited ("Micon") has been selected to provide independent third-party technical review, compliance, and oversight of the Company's internal resource-definition program at its flagship Howells Lake Antimony-Gold Project ("Howells Lake Project"). Howells Lake is located in the Thunder Bay Mining Division and approximately 120 kilometres west of the Ring of Fire access corridor in northwestern Ontario, Canada. Micon will independently review the Company's technical data, geological interpretations and resource-definition workflow as the internal model expands beyond the historical resource. Its involvement is intended to identify technical and data gaps early, support efficient drill planning and help ensure that exploration capital is directed toward the information most important to defining the project's scale and continuity. "With our 2026 and 2027 drilling campaign funded, we are now focused on converting exploration success into the technical data needed to support a potential future mineral resource estimate," said Duane Parnham, Founder, Executive Chairman and CEO of Critical One. "With approximately 7,000 metres of drilling completed and the program progressing according to plan, we are excited to work with Micon as we continue building our understanding of the Howells Lake antimony-gold deposit." About Micon International Limited Micon is a global multidisciplinary mining consultancy headquartered in Toronto, Ontario, that has provided independent services to the worldwide mining industry since 1988. Its capabilities include geological modelling, data management and quality assurance and quality control, mineral resource estimation, mining engineering, metallurgy, mineral economics and technical reporting under NI 43-101 and other international reporting standards. About Critical One Energy Inc. Critical One Energy Inc. is a Canadian critical minerals and upstream energy company focused on metals essential to energy, technology and national defence supply chains. The Company is advancing the Howells Lake Antimony-Gold Project, which provides Critical One with direct exposure to antimony, a critical metal of increasing strategic importanc...

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