North Atlantic Titanium Corp. (CSE: NATO) has provided additional information on its application for a three-year drilling permit at the Everett Titanium-Vanadium-Phosphate project in Havre-Saint-Pierre, Quebec. The company's planned 25,000-meter diamond drilling program targets the northern portion of the Everett oxide body, following compelling results from mineralogical characterization by Corem and verification of historical sampling.
Corem analyzed a composite metallurgical sample from 57 sites across the Everett oxide body and reported that approximately 99% of oxide minerals consist of high-quality hemo-ilmenite with very low magnesium, manganese, and aluminum impurities. The composite sample graded 37.0% Fe2O3, 17.4% TiO2, 0.18% V2O5, and 2.27% P2O5. This distinguishes Everett from the nearby Lac Tio mine, as the Everett deposit is being drill-tested for its polymetallic assemblage including titanium, vanadium, phosphate, and 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 drilling plan focuses on confirming historical drilling from 1951 and 1968 in the northern area, totaling approximately 25,000 meters across 20 drill pads over three years. Stage 1 comprises 6,000 meters of widely spaced drilling to delineate oxide body limits, while Stage 2 involves 19,000 meters of infill drilling to define a Mineral Resource Estimate.
The Everett oxide body is hosted by an oxide-apatite-gabbronorite unit within the Lac Allard Anorthosite, which also hosts the Lac Tio deposit. However, Everett's mineralization shows lower magnesium and chromium content, consistent with an evolved magmatic model. CEO Dwayne Yaretz stated, “Metallurgical results reinforce the Company’s strategy to advance a secure, domestic critical minerals processing supply chain in Canada.”
The company plans to commence Stage 1 drilling upon acceptance of the ATI application, with Stage 2 likely beginning in late winter 2026-27. The project represents a broader critical minerals opportunity than conventional titanium orebodies, supporting defense readiness and reshoring of Western titanium metal production.
