Critical One Announces Airborne Geophysical Survey to Build on Existing Antimony Inventory
Critical One Energy (OTCQB: MMTLF) has contracted Geotech Ltd. to conduct an advanced airborne geophysical survey at its Howells Lake Antimony-Gold Project in Ontario, Canada. The survey will cover the entire 13,990-hectare property using helicopter-borne VTEM and horizontal magnetic gradiometer technology, capable of mapping subsurface structures at depths of 500 metres or more.
The initiative aims to expand on recent antimony discoveries and identify new gold targets. The Howells Lake Project represents Canada's largest undeveloped antimony deposit, strategically positioned near Ontario's Ring of Fire corridor. This marks the first comprehensive airborne survey of the area in over two decades, with Critical One being the first company to control and explore the entire area for antimony and gold in 40 years.
Critical One Energy (OTCQB: MMTLF) ha incaricato Geotech Ltd. di effettuare un avanzato rilievo geofisico aerotrasportato presso il suo progetto Howells Lake Antimonio-Oro in Ontario, Canada. Il rilievo coprirà l'intera proprietà di 13.990 ettari utilizzando tecnologia VTEM e un gradiometro magnetico orizzontale montati su elicottero, in grado di mappare le strutture sotterranee a profondità di 500 metri o più.
L'iniziativa mira ad ampliare le recenti scoperte di antimonio e a individuare nuovi obiettivi auriferi. Il progetto Howells Lake rappresenta il più grande giacimento di antimonio non sviluppato del Canada, posizionato strategicamente vicino al corridoio del Ring of Fire dell'Ontario. Si tratta del primo rilievo aerotrasportato completo dell'area in oltre vent'anni, con Critical One come prima società a controllare ed esplorare l'intera zona per antimonio e oro da 40 anni.
Critical One Energy (OTCQB: MMTLF) ha contratado a Geotech Ltd. para realizar un avanzado estudio geofísico aerotransportado en su Proyecto Howells Lake de Antimonio y Oro en Ontario, Canadá. El estudio cubrirá toda la propiedad de 13,990 hectáreas utilizando tecnología VTEM y un gradiómetro magnético horizontal montados en helicóptero, capaces de mapear estructuras subterráneas a profundidades de 500 metros o más.
La iniciativa tiene como objetivo ampliar los recientes descubrimientos de antimonio e identificar nuevos objetivos de oro. El Proyecto Howells Lake representa el mayor depósito de antimonio sin desarrollar en Canadá, estratégicamente ubicado cerca del corredor Ring of Fire de Ontario. Este es el primer estudio aerotransportado completo del área en más de dos décadas, siendo Critical One la primera empresa en controlar y explorar toda la zona para antimonio y oro en 40 años.
Critical One Energy (OTCQB: MMTLF)는 캐나다 온타리오에 위치한 Howells Lake 안티몬-금 프로젝트에서 고급 항공 지구물리 조사 수행을 위해 Geotech Ltd.와 계약을 체결했습니다. 이 조사는 헬리콥터에 탑재된 VTEM 및 수평 자기 그래디미터 기술을 사용하여 13,990헥타르 전역을 커버하며, 500미터 이상의 깊이에서 지하 구조를 매핑할 수 있습니다.
이번 조사는 최근 안티몬 발견을 확대하고 새로운 금 목표를 식별하는 것을 목표로 합니다. Howells Lake 프로젝트는 캐나다에서 가장 큰 미개발 안티몬 광상으로, 온타리오의 Ring of Fire 회랑 근처에 전략적으로 위치해 있습니다. 이 지역에서 20년 넘게 진행된 첫 종합 항공 조사이며, Critical One은 40년 만에 이 지역 전체를 안티몬과 금 탐사를 위해 통제하고 탐사하는 첫 번째 회사입니다.
Critical One Energy (OTCQB : MMTLF) a mandaté Geotech Ltd. pour réaliser une enquête géophysique aéroportée avancée sur son projet Howells Lake Antimoine-Or en Ontario, Canada. L'enquête couvrira la totalité de la propriété de 13 990 hectares en utilisant la technologie VTEM et un gradient magnétique horizontal embarqués sur hélicoptère, capables de cartographier les structures souterraines à des profondeurs de 500 mètres ou plus.
Cette initiative vise à étendre les récentes découvertes d'antimoine et à identifier de nouvelles cibles aurifères. Le projet Howells Lake représente le plus grand gisement d'antimoine non développé du Canada, stratégiquement situé près du corridor du Ring of Fire de l'Ontario. Il s'agit de la première enquête aéroportée complète de la région depuis plus de vingt ans, Critical One étant la première entreprise à contrôler et à explorer l'ensemble de la zone pour l'antimoine et l'or depuis 40 ans.
Critical One Energy (OTCQB: MMTLF) hat Geotech Ltd. mit der Durchführung einer fortschrittlichen luftgestützten geophysikalischen Untersuchung auf seinem Howells Lake Antimon-Gold-Projekt in Ontario, Kanada, beauftragt. Die Untersuchung wird das gesamte 13.990 Hektar große Grundstück mit hubschraubergestützter VTEM- und horizontaler Magnetgradiententechnologie abdecken, die in der Lage ist, unterirdische Strukturen in Tiefen von 500 Metern oder mehr zu kartieren.
Die Initiative zielt darauf ab, die jüngsten Antimonfunde zu erweitern und neue Goldziele zu identifizieren. Das Howells Lake Projekt stellt die größte unerschlossene Antimonlagerstätte Kanadas dar und liegt strategisch nahe am Ring of Fire-Korridor in Ontario. Dies ist die erste umfassende luftgestützte Untersuchung des Gebiets seit über zwei Jahrzehnten, wobei Critical One das erste Unternehmen ist, das seit 40 Jahren das gesamte Gebiet auf Antimon und Gold kontrolliert und erkundet.
- First comprehensive airborne survey in over 20 years using advanced technology
- Controls Canada's largest undeveloped antimony deposit
- Strategic location near Ontario's Ring of Fire corridor
- Potential to address supply chain challenges in antimony market currently dominated by China and Russia (80% of global supply)
- None.
TORONTO, July 14, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0), a leading Canadian exploration company focused on critical minerals, is pleased to announce the awarding of a contract to Geotech Ltd. to conduct an advanced airborne geophysical survey over its flagship Howells Lake Antimony-Gold Project (“Howells Lake Project”) in Ontario, Canada. The survey aims to build on antimony discoveries announced in the Company’s May 14, 2025 press release and to identify new high-priority antimony and gold targets, reinforcing Critical One’s position as the operator of Canada’s largest undeveloped antimony deposit.
“This state-of-the-art, highly advanced airborne geophysical survey program marks a significant step in unlocking the full potential of the Howells Lake Project,” said Duane Parnham, Executive Chairman and CEO of Critical One. “By leveraging best-in-class technology, we aim to expand our antimony discoveries and pinpoint new gold targets, driving value for our stakeholders and contributing to North America’s critical minerals supply chain.”
Geotech is a globally recognized leader in airborne geophysical technologies. The survey will cover the entire 13,990-hectare Howells Lake Project, utilizing cutting-edge helicopter-borne VTEM (electromagnetic) and horizontal magnetic gradiometer technology to map subsurface geological structures at depths of 500 metres or more. This investment in the project follows the Company’s antimony discovery successes and is deemed essential to defining potential locations to expand the extent of antimony and gold mineralization, both proximal to the known mineralization and across the property that covers more than 25 kilometres of favourable geological structure and domains.
Using the information it has assembled to date, Critical One has been able to define parameters in the general alteration package in the areas of the known antimony and gold mineralization that it can now use to look for other areas with similar signatures in overall geophysical data. With new and more detailed geophysical data, the Company will be in a position to quickly identify other areas with similar geophysical footprints proximal to the known antimony and gold mineralization.
Critical One is the first to control the entire area and explore for antimony and gold mineralization in 40 years. When the last exploration was undertaken in the vicinity of the known mineralization, antimony was valued at a fraction of its current price. The Geotech airborne survey that will commence this month will be the first airborne geophysical survey flown over the project area in more than two decades. The depth penetration, available computer modelling and the sophistication of the equipment will provide the Company with detailed, high-quality project data that will be of use for years to come in identifying high-quality targets and interpreting the structure and geology of the area as Critical One pursues new antimony and gold mineralization.
Antimony, a critical mineral essential for military defence, battery technologies, and flame retardants, is in high demand due to global supply constraints, with over
Qualified Person
Bruce Durham, P.Geo, a Qualified Person under NI 43-101, who is independent of the Company, has reviewed and approved the technical content of this news release as it pertains to the Howells Lake Project.
About Critical One Energy Inc.
Critical One Energy Inc. (formerly Madison Metals Inc.) is a forward-focused critical minerals and upstream energy company, powering the future of clean energy and advanced technologies. The addition of the Howells Lake Antimony-Gold Project broadens the Company’s exposure to antimony, one of the most in-demand critical minerals. Backed by seasoned management expertise and prime resource assets, Critical One is strategically positioned to meet the rising global demand for critical minerals and metals. Its mine exploration portfolio is led by antimony-gold exploration potential in Canada and uranium investment interests in Namibia, Africa. By leveraging its technical, managerial, and financial expertise, the Company upgrades and creates high-value projects, thereby driving growth and delivering value to its shareholders.
Additional information about Critical One Energy Inc. can be found at criticaloneenergy.com and on the Company’s SEDAR+ profile at www.sedarplus.ca.
For further information, please contact:
Duane Parnham
Executive Chairman & CEO
Critical One Energy Inc.
+1 (416) 489-0092
ir@criticaloneenergy.com
Media inquiries:
Adam Bello
Manager, Media & Analyst Relations
Primoris Group Inc.
+1 (416) 489-0092
media@primorisgroup.com
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FAQ
What is the purpose of Critical One's (MMTLF) airborne geophysical survey at Howells Lake?
How large is Critical One's Howells Lake Antimony-Gold Project?
Why is antimony considered a critical mineral for Critical One (MMTLF)?
When was the last exploration conducted at the Howells Lake Project?
Who will conduct the geophysical survey for Critical One (MMTLF)?
