Eureka Lithium Corp. reports on critical minerals exploration projects in Canada, including the Cabin Lake polymetallic silver-lead-zinc-gold project in British Columbia and the Tyee Titanium-Vanadium project in Quebec. Company updates include technical reporting under NI 43-101, exploration portfolio changes, and mineral-claim disclosure for the Nunavik project areas.
Recurring news also covers Eureka's capital structure and governance, including LIFE offering and private placement financings, warrant and share issuances, debt settlements, leadership appointments, material change reporting, and securities-regulator disclosure clarifications.
Eureka Metals (UREKF) identified scandium in titanium-rich mineralization at its Tyee Titanium Project in Québec during its 2026 exploration program. The 34 grab samples averaged 26.8 ppm scandium, with a maximum of 41 ppm; 16 samples contained at least 30 ppm, including 12 containing at least 35 ppm. Scandium was detected in nearly all samples.
Eureka sees potential for additional value alongside titanium, but further mineralogical and processing studies are required to determine whether scandium can be recovered. Grab samples are selective and not necessarily representative of the Project. Comparability with Rio Tinto's Lac Tio mine has not been established, and no processing arrangement exists with Rio Tinto.
Eureka also extended its MCS marketing engagement by 12 months, through November 11, 2027, and increased its budget by €500,000, including advertising and agency fees.
Eureka Metals (UREKF) expects to start a three-dimensional induced polarization survey at its Cabin Lake project shortly. SJ Geophysics will conduct the survey across the West, New, Central, East and Bluff mineralized zones. The work is designed to investigate structures and a magnetic low near known mineralized zones below the surface.
The survey follows a field program completed in July 2026 that collected 622 soil samples and 96 rock samples. Eureka plans to assess the survey results alongside its geological and geochemical results and historical exploration data to prioritize potential drill targets. An initial drill program is subject to receipt of a required permit, for which the company is advancing an application. Geophysical anomalies do not necessarily indicate mineralization and require further work and drill testing.
Eureka Metals (UREKF) completed stripping and channel sampling at the Roadside Target of its KM98 project in Québec.
Mechanical stripping exposed approximately 100 metres of bedrock at an average width of 10 metres, revealing massive oxide mineralization. Crews excavated a 30-metre western extension and collected 39 channel samples across the oxide-rich zone, including a seven-metre sampling interval. The samples are undergoing laboratory analysis, with results expected in approximately eight weeks, the company said. Eureka is also preparing its planned maiden drill program at the separate Hook Target.
Eureka Metals (UREKF) reported 2026 surface exploration results from its 100%-owned Tyee Titanium Project in Québec, identifying five new high-grade titanium occurrences with samples above 35% TiO₂.
Nine grab samples from the program returned between 35.13% and 36.87% TiO₂, with corresponding vanadium grades of approximately 0.26% to 0.30% V₂O₅. The new occurrences expand the distribution of known high-grade titanium mineralization beyond previously explored areas at Big Tio, NS Trend and East Nugget. In total, field crews identified six new massive ilmenite occurrences, with five confirmed above 35% TiO₂ through laboratory analysis.
Eureka has recently completed approximately 2,300 line kilometres of high-resolution airborne magnetic and EM‑VLF surveying at 50 m line spacing and is now integrating the new assay data with these geophysical results and historical information to prioritize targets for the next phase of exploration. The company has not yet defined a mineral resource at Tyee and characterizes the project as early stage.
Eureka Metals (CSE: ERKA, OTCQB: UREKF) outlined a maiden eight-hole diamond drill program at the Hook Target on its KM98 Project, about 60 km north of Havre-Saint-Pierre, Québec. Drilling from four approved sites to depths of ~200 m will test large geophysical targets beneath and between known titanium-bearing oxide mineralization along an approximately 5 km prospective trend.
Surface sampling at the North area returned up to 28.50% TiO₂, 66.31% Fe₂O₃ and 2,085 ppm vanadium. The program will also test a sizeable, previously undrilled Center magnetic target. Site preparation is underway, with drill mobilization anticipated in early September.
Eureka Metals (CSE: ERKA, OTCQB: UREKF) has begun its first exploration program at the recently optioned KM98 Titanium Project in Québec, starting with mechanical stripping at the road-accessible Roadside Target over an approximately 100 m by 20 m area.
The program, managed by IOS Géosciences, includes geological mapping and about 50 planned channel samples from newly exposed bedrock to refine understanding of oxide mineralization distribution and grade. This work builds on historical surface sampling and bench-scale metallurgical tests that produced magnetite concentrates grading up to 68.5% Fe and ilmenite concentrates up to 48.4% TiO2. Eureka is also advancing preparations for a maiden diamond drilling program at KM98, where it can earn up to an 80% interest under a July 2026 option agreement with Go Metals.
Eureka Metals (OTCQB: UREKF) reported initial interpretation of a high-resolution airborne magnetic and VLF-EM survey over its 100%-owned Tyee Titanium Project in Quebec’s Côte-Nord region. The survey, flown at 50-metre line spacing with 500-metre tie lines, covered approximately 2,441 line-kilometres and now spans the expanded ~109 km² property.
According to Eureka Metals, the data highlight broad magnetic trends with principal exploration target areas located within a wider network of regional magnetic features. The new MAG and VLF-EM datasets are being integrated with 2026 prospecting results, historical exploration, mapping and sampling to refine and prioritize future titanium-focused exploration targets.
Eureka Metals (OTCQB: UREKF) has completed its 2026 geological mapping, prospecting and systematic soil sampling program at the 100%-optioned Cabin Lake silver-lead-zinc-gold project in central British Columbia. The program, conducted from July 3–14, 2026, covered priority western and northern target areas.
Eureka collected 622 soil samples and 96 rock samples for laboratory analysis and documented multiple generations of epithermal quartz veining, widespread hydrothermal alteration and favourable structural controls, including beyond historically recognized mineralized zones. Assay results, updated geological maps and a refined geological interpretation will be released after lab analysis. The company also plans an induced polarization survey later in 2026 to further refine drill targets. Additionally, Eureka clarified that 250,000 common shares have been issued under the KM98 Project option, bringing total share consideration to 1,750,000 shares to earn an initial 50% interest.
Eureka Metals (OTCQB: UREKF) has signed a definitive option agreement with Go Metals granting Eureka the exclusive right to earn up to an 80% interest in the drill-ready KM98 Titanium Project, located about 45 km southwest of its Tyee Titanium Project in Quebec’s Havre-Saint-Pierre region.
The two-stage earn-in requires Eureka to pay a total of $180,000 in cash, issue 3,500,000 shares and incur $4,500,000 in qualifying exploration expenditures over up to five years, including at least 2,000 m of drilling. On completion, an 80/20 joint venture will be formed, with Eureka as operator and Go Metals’ interest carried through pre-feasibility. Historical work at KM98 outlines a ~5 km titanium-bearing oxide system, bench-scale tests that produced separate iron and titanium concentrates using conventional processing, and existing permits for trenching and drilling. Eureka plans to start its inaugural exploration program at KM98 later in 2026.
Eureka Metals (OTCQB: UREKF) has nearly completed a high-resolution airborne Mag-EM-VLF geophysical survey at its 100%-owned Tyee Titanium Project in eastern Québec. The program covers approximately 2,300 line kilometres at 50-metre spacing across priority exploration corridors.
According to Eureka Metals, survey data will be integrated with recent prospecting, including six new massive ilmenite occurrences, and historical results to refine its geological model and prioritize future exploration targets. The company also renewed a €250,000 digital marketing engagement with MCS Market Communication Services.