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The latest update is out from Madison Metals, Inc. ( (TSE:CRTL) ).
Critical One Energy Inc. has received an exploration permit from the Ontario Ministry of Energy and Mines for its Howells Lake Antimony-Gold Project in the Thunder Bay Mining District, about 120 km west of the Ring of Fire infrastructure hub. The permit allows the company to launch an initial drilling program aimed at defining the mineral resource near historic discoveries and advancing the project toward a feasibility study.
The Howells Lake Project is described as one of Canada’s largest known undeveloped antimony systems, with historical data indicating significant antimony and antimony-gold zones across roughly 25,000 hectares and 30 km of strike length. Critical One highlights the project’s strategic importance to North America’s critical minerals supply chain, while emphasizing environmental safeguards and ongoing collaboration with the Eabametoong First Nation to ensure low-impact drilling and alignment with community and environmental priorities.
More about Madison Metals, Inc.
Critical One Energy Inc. is a Canadian mining exploration company focused on critical minerals and upstream energy, targeting materials needed for clean energy and advanced technologies. Its flagship Howells Lake Antimony-Gold Project in Ontario emphasizes exposure to antimony, a highly in-demand critical mineral, alongside gold occurrences across a large land package in a proven greenstone belt.
Average Trading Volume: 76,147
Technical Sentiment Signal: Hold
Current Market Cap: C$56.68M
Find detailed analytics on CRTL stock on TipRanks’ Stock Analysis page.