North Atlantic Titanium Commences Field Program at Everett Titanium Project

Vancouver, British Columbia — May 6, 2026 — Leads & Copy — North Atlantic Titanium Corp. has started mobilizing for a field program at its Everett Titanium Project, located near Havre-Saint-Pierre, Québec. The program is designed to follow up on the recently completed Corem mineralogical characterization study, part of the Company’s collaboration with the Elements08 Strategic Metals Excellence Centre.

The company intends to use a staged and disciplined approach, beginning with low-impact surface work and targeted sampling, followed by definition drilling for an initial Mineral Resource Estimate.

Corem (Consortium de recherche en traitement de minerais), a Québec City-based, non-profit applied research center, completed electron microprobe analysis (EPMA) on hemo-ilmenite/oxide minerals, confirming that vanadium is consistently hosted in the hemo-ilmenite phase and that impurity elements, including magnesium, manganese, chromium, and aluminum, are present at very low levels.

The Elements08 work and the pending fieldwork are intended to support NATO’s broader strategy of advancing Everett as a potential integrated titanium feedstock project, with associated vanadium, iron, and phosphate value streams.

The Corem study spanned 2500 m of the surface strike length of the Everett oxide body, with the highest grades and most ready access at the northern area of the oxide exposures, adjacent to the Lac Tio mine access road.

North Atlantic Titanium will conduct a tight grid of assay samples and representative material for metallurgical test work covering an area 500 m wide by 1300 m along strike, beginning in the northern area. The average TiO2 content at sample sites across this area is about 14%, with some sites averaging 17% TiO2 in recent analytical work.

Concurrent with the field program, the Company will commission a Technical Report on the Property by Micon International Limited, to further define planning for definition drilling and an initial Mineral Resource Estimate.

Concurrent with the first phase of definition diamond drilling, the Company will expand the tight surface grid of metallurgical sampling southward to encompass the known exposures of the Everett oxide body.

Corem’s characterization work has highlighted several important features of the Everett material, including:

• Hemo-ilmenite minerals host all titanium, vanadium, and iron oxides.
• Apatite hosts all phosphorus in the characterized material, with a P2O5 content of about 40%.
• Favourable liberation characteristics supporting conventional processing.

The Everett Titanium Project is located near Havre-Saint-Pierre in the Côte-Nord region of Québec, within the Minganie regional county municipality, along Québec’s North Shore. The project is accessible by a mostly paved road to the ice-free, deep-water port facilities at Havre-Saint-Pierre.

The Company believes Everett has the potential to be evaluated as a North Atlantic titanium feedstock opportunity, with possible co-product exposure to vanadium, iron, and phosphate. Future metallurgical work will assess potential processing routes, including mineral separation, upgrading of titanium feedstock, and recovery of associated value streams.

Dwayne Yaretz, CEO and Director of North Atlantic Titanium, said the Corem report gave the company an important mineralogical roadmap. He added that the company's next field program is designed to move from characterization to targeting and the company now has a much clearer understanding of where the value sits mineralogically.

North Atlantic Titanium Corp. is focused on developing 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, Que.

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. Mineralogical analysis spanned the entire strike length of the exposed Everett oxide body, demonstrating that a low-impurity hemo-ilmenite (a Ti-V-Fe oxide) dominates and is accompanied by significant apatite (bearing 40% P2O5).

Source: North Atlantic Titanium Corp.