North Atlantic Titanium Corp. (CSE: NATO) (OTCQB: NATQ.F) (FSE: Y33) has provided further details on its submission for drilling permits at the Everett Titanium-Vanadium-Phosphate project near Havre-Saint-Pierre, Quebec. The company's announcement follows a previous news release on July 14, 2026, and offers new insights into the project's geological characteristics and strategic significance.
Metallurgical characterization by Corem (Consortium de recherche en traitement de mineral) revealed that approximately 99% of oxide minerals in a composite sample from the Everett oxide body consist of high-quality hemo-ilmenite with very low magnesium, manganese, and aluminum impurities. This finding supports the company's focus on the northern portion of the oxide body for a planned 25,000-meter drilling program.
Unlike the nearby Lac Tio deposit, which is a massive hemo-ilmenite orebody, the Everett project is being drill-tested for its broader polymetallic potential, including titanium dioxide (TiO2), vanadium, phosphate (from apatite), and possible scandium credits. This positions the project as a Fe-Ti-V-P critical-minerals opportunity beyond a conventional titanium orebody.
The company holds the 2,406-hectare Everett property under option from Romaine River Titanium Inc. Pending permits include a Permit for Forestry Activities (PAF) and a Permit for Work with Impact (ATI) for the drilling campaign. The drilling plan focuses on confirming historical drilling from 1951 and 1968 in the northern area, with approximately 25,000 meters across 20 drill pads to be completed in three years or less.
The drilling program is divided into two stages. Stage 1 comprises 6,000 meters of widely spaced drilling to delineate the oxide body limits and collect samples. Stage 2 involves success-contingent infill drilling of about 19,000 meters to define a Mineral Resource Estimate. Stage 1 drilling will commence upon acceptance of the ATI application, with Stage 2 likely beginning in late winter 2026-27.
The Everett project is hosted by the Lac Allard Anorthosite intrusion, part of the Grenville Province's anorthosite-mangerite-charnockite-granite (AMCG) magmatic systems. The mineralized unit, an oxide-apatite-gabbronorite (Unit 7), spans over 6 kilometers of strike length on the property. Corem's analysis confirms that the hemo-ilmenite and apatite comprise over 50% of the sample, with low MgO content (mean 0.38%) distinguishing it from classical anorthosite-hosted Fe-Ti deposits.
Dwayne Yaretz, CEO of North Atlantic Titanium, stated: “Metallurgical results reinforce the Company’s strategy to advance a secure, domestic critical minerals processing supply chain in Canada - supporting defense readiness and the reshoring of Western titanium metal production.”
For more information, visit the company's website at www.natitanium.com. The qualified person for the technical information is Julien Davy, P.Geo., M.Sc., MBA, an independent consultant.
