By: NewMediaWire
October 8, 2026
North Atlantic Titanium Announces Filing of NI 43-101 Technical Report Prepared by Micon International Limited on the Everett Titanium Project, Quebec, Canada
VANCOUVER, BC - October 8, 2026 (NEWMEDIAWIRE) - North Atlantic Titanium Corp. (CSE:NATO) (OTC: NATQF) (FSE:Y33) (“North Atlantic Titanium” or the “Company”), is pleased to announce the Company has filed on SEDAR+ an independent technical report (the “Report”) prepared in accordance with National Instrument 43-101 - Standards of Disclosure of Mineral Projects (“NI 43-101”) pertaining to the Everett Titanium Project, Quebec, Canada (the “Everett Property”).
The Everett Property hosts a laterally extensive titanium-vanadium-phosphate mineralized system within an oxide-apatite noritic gabbro of the Lac Allard magmatic suite. Historical drilling, modern surface verification sampling, analytical verification, and supporting technical studies indicate that the Everett Oxide Body represents a continuous mineralized intrusion extending for at least 2.5 km along strike, with indications that the mineralized trend continues to the north. The mineralized body is interpreted as a single intrusive unit rather than a collection of isolated occurrences.
Results from the 2023-2026 exploration program have validated key aspects of the historical exploration database and improved confidence in the geological interpretation of the Everett Oxide Body. The results support the continuity of the mineralized unit and provide a modern technical framework for further exploration and evaluation of the project. Historical metallurgical investigations and recent technical studies also support the interpretation of a consistent titanium-vanadium-phosphate mineralized system throughout the areas investigated to date.
No current Mineral Resource Estimate has been defined for the Everett Property. The Qualified Persons conclude that the geological continuity, mineralization style, and technical characteristics identified through historical and recent work support continued exploration and evaluation of the Everett Oxide Body.
The Qualified Persons recommend a staged, two-phase exploration program comprising geological mapping, extensive surface sampling, geometallurgical and metallurgical testing, and up to 25,000 metres of diamond drilling, with an estimated total exploration budget of approximately $13.65 million, before taxes (including contingency of $1.40 million).
Phase 1 is proposed to be executed in two sequential stages and is estimated at $3.58 million, or approximately $4.12 million including contingency of $0.54 million. Stage 1 would comprise integrated surface exploration and geometallurgical definition work with an estimated budget of $1.14 million, followed by Stage 2 of approximately 6,000 metres of diamond drilling with an estimated budget of $2.44 million. Subject to favourable results from Phase 1.
Phase 2 would be initiated on a success-contingent basis and would comprise additional metallurgical testing, approximately 19,000 metres of Stage 2 diamond drilling, geological and resource modelling, and the preparation of an initial mineral resource estimate. Phase 2 is estimated at approximately $9.53 million, including $0.87 million contingency.
Micon International Limited is a highly skilled multidisciplinary engineering company with service capabilities covering the following areas: geology, mining, metallurgy, mineral economics and environmental and social studies in the mining, minerals processing and financial sectors. Micon has provided independent consulting services to the world’s mining industry since 1988 on exploration and resources; reserves and mine engineering; metallurgy and process engineering; mineral economics and valuation and environment and social services.
Qualified Persons
Julien Davy, P.Geo., M.Sc., MBA, Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has read and approved all technical and scientific information contained in this news release.
ON BEHALF OF THE BOARD OF DIRECTORS
Dwayne Yaretz, CEO
North Atlantic Titanium Corp.
Phone: 778-709-3398
Email: [email protected]
Website: www.natitanium.com
About North Atlantic Titanium Corp.
North Atlantic Titanium is a Canadian publicly traded exploration company focused on advancing the Everett titanium deposit in Quebec. The Company also holds a 100-per-cent interest in the Sleeping Giant South project, located in the Abitibi greenstone belt, approximately 75 kilometres south of Matagami, Que.
For more information, please visit our website at www.natitanium.com.
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain statements which constitute forward-looking statements or information under applicable Canadian securities laws. Such forward-looking statements are subject to numerous known and unknown risks, uncertainties and other factors, some of which are beyond North Atlantic Titanium’s control, which could cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. These risks and uncertainties include general economic and capital markets conditions, stock market volatility. Although North Atlantic Titanium believes that the forward-looking statements in this news release are reasonable, they are based on factors and assumptions, based on currently available information, concerning future events, which may prove to be inaccurate. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future plans, operations, results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, North Atlantic Titanium does not undertake any obligation to publicly update or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.
The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities.
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