North Atlantic Titanium Corp. (CSE: NATO) (OTCQB: NATQ.F) (FSE: Y33) has provided further details regarding its submission for drilling permits at the Everett Titanium-Vanadium-Phosphate project near Havre-Saint-Pierre, Quebec, as announced in a July 14, 2026 news release. The company outlined a 25,000-meter drilling program focused on the northern portion of the Everett oxide body, based on compelling mineralogical characterization by Corem and recent verification of historical sampling.
The Corem analysis of a composite metallurgical sample from 57 sites across the Everett oxide body revealed that approximately 99% of oxide minerals consist of high-quality hemo-ilmenite with very low magnesium, manganese, and aluminum impurities. Rather than being a direct analogue of the nearby massive hemo-ilmenite orebody at the Lac Tio Mine, the Everett project is being drill-tested for its broader Fe-Ti-V-P critical-minerals opportunity, including potential coproducts of apatite (phosphate) and vanadium, with potential scandium credits.
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 diamond drilling plan focuses on confirming historical drilling from 1951 and 1968 in the northern area, totaling approximately 25,000 meters across 20 drill pads to be completed in three years or less. The targeted body dips gently at 20-30° to the ESE, and forest impacts under the PAF application are minimal as the company is mostly brushing out historical drill trails.
The Corem composite metallurgical sample graded 37.0% Fe2O3, 17.4% TiO2, 0.18% V2O5, and 2.27% P2O5. The ATI application outlines two stages: Stage 1 comprises 6,000 meters of widely spaced drilling to delineate the oxide body limits, and Stage 2 includes success-contingent infill drilling of about 19,000 meters to define a Mineral Resource Estimate (MRE). Stage 1 is expected to commence upon permit acceptance, with Stage 2 likely beginning in late winter 2026-27.
The mineralized unit on the property is an oxide-apatite-gabbronorite (Unit 7), spanning more than 6 km of strike length. The Everett Oxide Body remains open along strike to the north and south and down-dip. Corem's mineralogical characterization determined that over 99% of the oxides in the composite sample are hemo-ilmenite (FeTiO3), with hemo-ilmenite and apatite comprising over 50% of the sample.
Regionally, the Everett project is located within the Lac Allard Anorthosite intrusion, dated at approximately 1.06 Ga, part of the broader Havre-Saint-Pierre anorthosite complex. The nearby Lac Tio deposit, the world's largest hard-rock ilmenite deposit, contained more than 200 Mt pre-mining at grades over 60 wt.% hemo-ilmenite. In contrast, Everett is hosted by a layered intrusion with an uncommon jotunite affinity, characterized by higher volatile contents such as phosphorus and semi-massive hemo-ilmenite with significantly lower Mg, Mn, Cr, and Al than Lac Tio. The Corem hemo-ilmenite sample had a mean MgO content of 0.38%, consistent with an evolved magmatic differentiation model.
CEO Dwayne Yaretz stated that the 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. The company's Stage 1 program will define the technical program and follow-up drilling for the next 18 to 24 months.
For more information, visit www.natitanium.com.
