NATO advances Drilling and Sampling Program at Everett
North Atlantic Titanium
North Atlantic Titanium Advances Sampling and Drill Planning at Everett
Titanium Project, Québec
Highlights:
• Integrated surface assay, metallurgical sampling and first modern definition drilling program
designed to support data validation and planning for an initial Mineral Resource Estimate
under National Instrument 43-101.
• In the first phase of diamond drilling, the Company has surveyed drill trail access and 8 drill
sites across the northern 600 m of the Everett oxide body's strike length, representing 25%
of the total surface exposure of the oxide body.
• The Company’s Everett titanium-vanadium-phosphate project in Québec is being advanced
as a potential North American source of titanium-bearing mineral feedstock, with additional
potential value streams associated with vanadium and apatite-hosted phosphate.
Vancouver, British Columbia – June 3, 2026 – North Atlantic Titanium Corp. (CSE: NATO) (OTCPK:
NATQ.F) (FSE: Y33) (“North Atlantic Titanium, ” or the “Company”) is pleased to announce that it is
advancing final planning for an integrated surface sampling and definition drilling program at its
Everett titanium project (“Everett”), located near Havre-Saint-Pierre, Québec.
The planned program is designed to move Everett from historical exploration, recent mineralogical
characterization and surface exposure sampling toward a modern, spatially controlled geological,
geochemical and geometallurgical dataset. The work is expecte d to support future drill targeting,
validation of historical drilling and planning for an initial Mineral Resource Estimate under National
Instrument 43-101.
Program Objectives:
• Systematic surface sampling planned across priority oxide exposures at Everett, with
initial work focused on the northern portion of the exposed oxide body , where access and
historical datasets provide a strong foundation for modern verification.
• Tight-grid assay and representative metallurgical sampling are planned to assess
titanium, vanadium, iron and phosphate distribution, as well as geological and mineralogical
variability across the hemo-ilmenite and apatite-bearing mineralized system.
• First modern definition diamond drill program under planning , designed to validate
historical drilling, confirm geometry and continuity of the mineralized body, collect modern
assay and density data, and provide fresh core for mineralogical and metallurgical test work.
• Drilling objectives include validation and resource-readiness, including surveyed collars,
modern logging, systematic sampling, chain -of-custody procedures, QA/QC protocols and
collection of representative material for density and metallurgical variability testing.
• Program follows recent Corem and Elements08 work, which supports a geometallurgical
approach focused on titanium -vanadium-bearing hemo -ilmenite and apatite -hosted
phosphorus.
• Technical report and drill planning advancing in parallel , with final drill collar locations,
azimuths, dips, planned depths, contractor selection and commencement timing to be
disclosed once finalized.
Planned Everett Field Program
The upcoming Everett field program is intended to establish the modern surface -control dataset
required to support definition drilling. Work is expected to include geological mapping, structural
observations, representative bedrock sampling, assay sampling, density sampling and metallurgical
sample collection across priority exposures of the Everett oxide body.
The Company expects to prioritize spatially controlled sampling that can be directly integrated with
historical maps, historical drill data, recent mineralogical work and planned drill collar positioning.
The program will also collect material for ongoing metallurgical evaluation, including variability work
intended to assess concentrate quality, liberation characteristics, impurity deportment and the
potential recovery of titanium, vanadium, iron and phosphate value streams.
Samples will be collected under the supervision of the Company’s technical team and submitted to
accredited laboratories in accordance with documented chain -of-custody procedures. The
Company expects to release assay and metallurgical results as they are received, validated and
interpreted.
Planned Validation Diamond Drilling
Following completion of surface sampling, access confirmation , and final technical review, North
Atlantic Titanium plans to advance a first modern-definition diamond drill program at Everett.
In the first phase of diamond drilling, the Company has surveyed drill trail access and 8 drill sites
across the northern 600 m of the Everett oxide body's strike length.
The program is expected to test the principal hemo -ilmenite-bearing noritic gabbro body and
selected priority areas identified through the integrated surface program. Initial drilling is expected
to focus on confirming the mineralized geometry, validating historical drill results, assessing grade
continuity, and collecting core for modern assay, density, mineralogical, and metallurgical purposes.
Management Commentary
“Everett benefits from substantial historical work, recent mineralogical analysis and excellent
regional infrastructure, ” said Dwayne Yaretz, CEO and Director of North Atlantic Titanium. “Our next
step is to convert that foundation into a modern, decision -ready technical dataset. The planned
surface sampling and definition drilling are designed to validate historical work, confirm continuity
and collect the assay, density, QA/QC and metallurgical data needed to advance Everett toward an
initial mineral resource framework. ”
Mr. Yaretz continued: “This is a disciplined, staged program. Surface work will sharpen drill targeting
and provide representative material for metallurgical testing. At the same time, drilling will deliver the
modern core data needed to assess grade, thickness, geometry and processing variability across the
system. ”
Technical Rationale
The planned Everett program is being designed as a geometallurgical advancement program rather
than a conventional grade -only exploration program. The Company expects to integrate surface
assay data, bedrock geology, mineral assemblage, density data, histo rical drill information and
metallurgical variability information into a single technical model.
This approach is intended to support the Company’s evaluation of Everett as a potential integrated
titanium-vanadium-phosphate project, while also addressing the requirements for modern data
verification and future NI 43-101 resource work.
About the Everett Titanium Project
Everett is located near Havre-Saint-Pierre in Québec’s Côte-Nord region, within the broader Grenville
Province anorthosite terrain known for large iron -titanium oxide systems. The project is accessible
by road and is located within a region with establishe d industrial, port and hydroelectric
infrastructure.
Everett is interpreted as an anorthosite-associated, hemo-ilmenite-bearing Fe-Ti oxide system with
associated potential for vanadium and phosphate. Historical exploration included drilling, geological
work and metallurgical studies; however, the Company cautions that historical drilling and any
historical estimates are not current mineral resources and require modern confirmation through
drilling, sampling, density determination, QA/QC and resource estimation under current standards.
Qualified Person
Julien Davy, P .Geo., M.Sc., MBA, independent consultant and a Qualified Person as defined under
National Instrument 43 -101 – Standards of Disclosure for Mineral Projects, has reviewed and
approved the technical information contained in this news release.
About North Atlantic Titanium Corp.
North Atlantic Titanium Corp. is a Canadian publicly traded exploration company focused on
advancing the Everett titanium-vanadium project in Québec, targeting the production of high-quality
titanium feedstocks with potential value-added vanadium and phosphate coproducts. 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, Québec.
For more information, please visit www.natitanium.com.
ON BEHALF OF THE BOARD OF DIRECTORS
For more information, please visit our website at www.natitanium.com.
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
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.
Forward-Looking Statements
This news release contains “forward -looking information” and “forward -looking statements” within the
meaning of applicable Canadian securities laws. Forward -looking information includes, but is not limited to,
statements regarding: the Company’s planned surface sampling, assay sampling, metallurgical sampling and
definition drilling program at the Everett Titanium Project; the expected scope, timing, objectives and results of
such work; the potential for the program to support validation of historical drill ing, modern geological
modelling and planning for an initial Mineral Resource Estimate; the expected collection of assay, density,
mineralogical, metallurgical and QA/QC data; the interpretation that Everett may represent an integrated
titanium-vanadium-phosphate opportunity; the potential recovery or value of titanium, vanadium, iron and
phosphate streams; the timing of disclosure of drill locations, planned depths and contractor selection; and
the Company’s broader plans for exploration, metallurgical testing and technical reporting.
Forward-looking information is based on the current expectations, estimates, forecasts, beliefs and
assumptions of the Company’s management. Such information is subject to known and unknown risks,
uncertainties and other factors that may cause actual resul ts or events to differ materially from those
expressed or implied by such forward-looking information. These risks include, but are not limited to: sampling
and drilling may not confirm historical interpretations; historical drilling and historical estimat es may not be
validated by modern work; geological, geochemical, density, mineralogical or metallurgical interpretations
may prove incorrect; the Company may not obtain required permits, access, contractors, financing or
equipment on acceptable terms or within expected timelines; assay and metallurgical results may be delayed
or may not support future resource estimation or economic evaluation; no current mineral resource has been
established at Everett; future metallurgical work may not demonstrate recover able or saleable products;
weather, seasonal access, environmental, community, regulatory or logistical conditions may delay or prevent
planned work; commodity prices and capital markets may change adversely; and general economic, business
and market conditions may deteriorate.
There can be no assurance that forward -looking information will prove to be accurate, as actual results and
future events could differ materially from those anticipated. Readers should not place undue reliance on
forward-looking information. The Company do es not undertake to update any forward -looking information
except as required by applicable securities laws.