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Critical Elements Lithium Corporation (CRECF) develops lithium-tantalum mineral projects in Québec, with recurring updates centered on the Rose West Discovery and the Rose Lithium-Tantalum Project in Eeyou Istchee.
Company news includes drill program starts and assay updates, spodumene-bearing pegmatite intersections, lithium and tantalum results, changes to interpreted mineralized footprints, and exploration planning. Other releases cover shareholder meeting results, board and governance matters, investor relations arrangements, and completed equity or flow-through share financings used for Québec exploration programs and working capital.
Critical Elements Lithium (CRECF) says its Rose Lithium-Tantalum Project was selected for inclusion in the Canada Investment Summit Prospectus. The Prospectus will be provided to participants at the inaugural Summit in Toronto on September 14-15, 2026, which is expected to gather leading global investors collectively managing more than US$100 trillion in assets. This gives the project direct visibility and contact access to a large international institutional investor audience.
The Rose project in Québec is described as a wholly owned, high-purity spodumene concentrate development within a 1,016 km² land package. A 2023 Feasibility Study estimates an after-tax internal rate of return of 65.7% and after-tax net present value of US$2.2 billion at an 8% discount rate. The project has received key federal and provincial environmental approvals and a mining lease from Québec authorities.
Critical Elements Lithium (TSX-V:CRE, OTCQX:CRECF, FSE:F12) appointed Karl Mansour as Director of Investor Relations and Communications. Mansour has over 30 years of financial markets experience and a background in strategic communications, capital markets visibility, and finance education.
According to Critical Elements, a 12‑month service agreement with Gestion Karl Mansour Inc. includes monthly fees of $10,000 and 200,000 stock options at an exercise price of $0.39 per share for 24 months, vesting 25% per quarter over 12 months. The appointment and option grant are subject to TSX Venture Exchange approval.
The company reiterated focus on project financing for its Rose Lithium‑Tantalum Project targeting limited equity dilution and financial risk. Rose is described as an advanced hardrock lithium project with key permits, a conditional $20 million commitment from the Canadian Critical Minerals Infrastructure Fund and an indicative support letter for up to US$115 million in long‑term debt. A 2023 feasibility study estimated an after‑tax IRR of 65.7% and after‑tax NPV of US$2.2 billion at an 8% discount rate.
Critical Elements Lithium (TSX-V: CRE, OTCQX: CRECF) reported further assays and an update on its 10,000 m Phase 2 Summer 2026 drill program at the 100%-owned Rose West discovery in Eeyou Istchee, Québec. Drilling is expanding the lithium-tantalum mineralized footprint and defining multiple stacked pegmatites.
The company reports an additional 300 x 300 m block added to the Rose West footprint, now totaling about 1,250 x 800 m. New assays from holes RW-26-36, -37, -54, -55, -56A and -57 include intervals such as 2.05% Li2O over 7.70 m and 1.46% Li2O over 23.35 m in Pegmatites 5 and 3.
True thicknesses are estimated at 80–95% of core length, with pegmatites typically 10–40 m thick in a near-surface, sub-horizontal stacked system. Eighteen holes totaling roughly 3,000 m have been drilled in the NE Main Target Area, and assays remain pending for several spodumene-rich intervals.
Critical Elements Lithium (TSX-V:CRE, OTCQX:CRECF) reported new assay results and an update on its Phase 2 Summer 2026 10,000‑meter drill program at the 100% owned Rose West discovery in Eeyou Istchee, Québec. Two drill rigs are executing a 100 m grid to expand the known mineralized volume, targeting a potential footprint of about 1,250 x 2,000 m. The current Rose West footprint has already grown six-fold since winter 2024 to 1,250 x 800 m.
Assays from holes RW‑26‑35A, ‑51, ‑52 and ‑58 returned notable lithium and tantalum intervals, including up to 2.70% Li2O over 10.50 m and broad zones of 1.0–1.9% Li2O over 14–27 m in Pegmatites 2, 3 and 5. Eleven holes totaling 2,073 m have been drilled in the NE Main Target Area, expanding or closing off pegmatites over roughly 300 x 300 m. The stacked, near-surface pegmatite system continues to show lateral continuity, while QA/QC protocols and independent lab analysis at ALS Val‑d'Or are in place. According to Critical Elements, the geological model is proving predictive and supports ongoing footprint growth.
Critical Elements Lithium (OTCQX:CRECF) has resumed its Phase 2 Summer 2026 exploration program at the 100% owned Rose West discovery in Eeyou Istchee, Québec, after a precautionary suspension caused by a nearby forest fire. All staff have safely returned, and fieldwork has restarted following confirmation of suitable conditions, with ongoing monitoring and coordination with local authorities.
The campaign includes a planned 10,000 meters of systematic drilling using two rigs, applying a 100 m grid to expand the known stacked lithium-tantalum pegmatite system. Winter 2026 drilling enlarged the Rose West mineralized footprint from about 450 x 370 m to roughly 1,250 x 800 m and identified new spodumene-bearing pegmatites. The Summer 2026 program aims to extend the footprint toward approximately 1,250 x 2,000 m, infill key lines to confirm grade and thickness continuity, and follow up on newly discovered pegmatites 6 and 7. Assays for most Summer 2026 intersections are pending, with QA/QC controls in place and data reviewed by a Qualified Person.
Critical Elements Lithium (OTCQX:CRECF) outlined its Phase 2 10,000-meter Summer 2026 drill program at the 100%-owned Rose West lithium-tantalum discovery in Eeyou Istchee, Québec, and reported interim progress.
Operations at the Rose West camp are temporarily suspended and personnel evacuated due to a nearby forest fire; drilling will resume when authorities deem conditions safe.
The Winter 2026 campaign expanded the mineralized pegmatite footprint from 450 x 370 m to about 1,250 x 800 m, a six-fold increase, and identified multiple stacked spodumene-bearing pegmatites. So far, 11 holes totaling 2,073 m have been completed in the Summer program, with most assay results still pending.
Critical Elements (OTCQX:CRECF) launched a Summer 2026 drill program totaling 10,000 meters at the near-surface Rose West lithium-tantalum discovery in Quebec. The work follows a Winter 2026 program that expanded the mineralized footprint to 1,250 m x 800 m with stacked pegmatites 10–40 m thick.
The new campaign targets lateral expansion, infill along Line C, and follow-up on newly identified Pegmatites 6 and 7, ahead of a planned Fall 2026 Mineral Resource Estimate. The company also granted DSUs and RSUs for 2024–2025 compensation, totaling over 2.27 million share-based units.
Critical Elements (OTCQX: CRECF) will participate in THE Mining Investment Event, described as Canada's only Tier 1 global mining investment conference, held June 2-4, 2026, at the Quebec Convention Centre in Quebec City.
Management will attend and hold scheduled one-on-one investor meetings during the three-day event.
Critical Elements (OTCQX:CRECF) reported final assays from its Winter 2026 Phase 1 drilling at the 100%-owned Rose West lithium-tantalum project in Quebec.
The program expanded the mineralized footprint to about 1,250 m x 800 m and confirmed multiple near-surface spodumene-bearing pegmatites, including new Pegmatite 5 and 7, with intercepts such as 1.73% Li2O over 15.60 m and 2.28% Li2O with 2,796 ppm Ta2O5 and 0.40% Cs2O over 1.20 m.
Nineteen holes totaling 4,037.75 m were completed, demonstrating lateral continuity of mineralization. A follow-up Summer 2026 drill program is being prepared.
Critical Elements (OTCQX:CRECF) reports Phase 1 Winter 2026 drilling at Rose West has expanded the spodumene-rich footprint from 450 x 370 m to 1,250 x 800 m, with typical pegmatite thicknesses of 10–40 m and strong lateral continuity.
Assays include 1.51% Li2O over 18.50 m (including 2.49% Li2O over 9.60 m) in Pegmatite 5 and 1.19% Li2O over 14.50 m in Pegmatite 3. Nineteen holes (4,037.75 m) drilled to date; assays pending for several holes. A technical webinar is scheduled for May 6, 2026.