North Atlantic Titanium Mobilizes Everett Field Program to Advance Titanium, Vanadium and Phosphate Targets Following Corem Mineralogical Study

(TheNewswire)

Highlights:

• Metallurgical results reinforce theCompany’s strategy to advance a secure, domestic critical mineralsprocessing supply chain in Canada—supporting defense readiness andthe reshoring of Western titanium metal production. 

• Mineralogical analysis spanned theentire strike length of the exposed Everett oxide body, demonstratingthat a low-impurity hemo-ilmenite (a Ti-V-Fe oxide) dominates and isaccompanied by significant apatite (bearing 40% P2O5). 

• The Company intends to use a stagedand disciplined approach, beginning with low-impact surface work andtargeted sampling, followed by definition drilling for an initialMineral Resource Estimate. 

Vancouver, British Columbia – May6, 2026 – TheNewswire– North Atlantic TitaniumCorp. (CSE: NATO) (OTCPK: NATQ.F) (FSE: Y33) ("NATO" or the“Company”), is pleased to announce that it has commencedmobilization for a field program at its Everett Titanium Project,located near Havre-Saint-Pierre, Québec. The program is designed tofollow up on the recently completed Corem mineralogical characterization study, part of theCompany’s collaboration with the Elements08 Strategic MetalsExcellence Centre (“Elements08”). Corem (Consortium de recherche en traitementde minerais) is a Québec City-based, non-profit applied researchcenter.

Corem completed electron microprobe analysis (EPMA) onhemo-ilmenite/oxide minerals, confirming that vanadium is consistentlyhosted in the hemo-ilmenite phase and that impurity elements,including magnesium, manganese, chromium, and aluminum, are present atvery low levels. The Elements08 work and the pending fieldwork areintended to support NATO’s broader strategy of advancing Everett asa potential integrated titanium feedstock project, with associatedvanadium, iron, and phosphate value streams.

Dwayne Yaretz, CEO and Director ofNorth Atlantic Titanium, states:

“The Corem report gave us animportant mineralogical roadmap. Our next field program is designed tomove from characterization to targeting. We now have a much clearerunderstanding of where the value sits mineralogically — particularlyin the hemo-ilmenite and apatite phases — and our field work will bedirected toward collecting the right material, from the rightlocations, to advance the project efficiently.”

The Metallurgical Test SampleProgram

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

Beginning in the north area, the Company will conduct a tight grid ofassay samples and representative material for metallurgical test workcovering an area 500 m wide by 1300 m along strike. The average TiO2content at sample sites across this area is about 14%, with some sitesaveraging 17% TiO2 in recent analytical work.

The Company intends to use a staged and disciplined approach,beginning with low-impact surface work and targeted metallurgicalsampling of bedrock exposures.

Click Image To View Full Size

MetallurgicalSampling at Everett with a Handheld Coring Drill

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

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

Technical Rationale -Geometallurgy

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

• Hemo-ilmenite minerals hostall titanium, vanadium, and iron oxides, promising a simplemetallurgical process path;  

• Apatite hosts all phosphorusin the characterized material. Within the apatite, the P2O5 content isabout 40%, like other igneous phosphate deposits in Québec; 

• Favourable liberationcharacteristics supporting conventional processing.  

These observations support a field program focused not only on gradebut also on geology, structure, mineral assemblage, liberationcharacteristics, and variability across the deposit area for a roundedgeometallurgical approach.

Everett Project Context

The Everett Titanium Project is located near Havre-Saint-Pierre in theCôte-Nord region of Québec, within the Minganie regional countymunicipality, along Québec’s North Shore, an area known for largeiron-titanium oxide systems associated with the Grenville Provinceanorthosite complexes. The project is accessible by a mostly pavedroad to the ice-free, deep-water port facilities atHavre-Saint-Pierre.

The Company believes Everett has the potential to be evaluated as aNorth Atlantic titanium feedstock opportunity, with possibleco-product exposure to vanadium, iron, and phosphate. Futuremetallurgical work will assess potential processing routes, includingmineral separation, upgrading of titanium feedstock, and recovery ofassociated value streams.

About Corem

Corem (Consortium de recherche entraitement de minerais) is a Québec City-based, non-profitapplied research center specializing in mineral processing, extractivemetallurgy, and mineral characterization. It operates as amember-driven consortium, working with mining companies, governmentagencies, and equipment suppliers. Corem is one of Canada’s leadingindependent mineral processing laboratories.

About North Atlantic TitaniumCorp.

North Atlantic Titanium Corp. is focused on developing the Everetttitanium-vanadium project in Québec, targeting the production ofhigh-quality titanium feedstocks with potential value-added vanadiumand phosphate coproducts. The Company also holds a100-per-cent interest in the Sleeping Giant South project, located inthe Abitibi greenstone belt, approximately 75 kilometres south ofMatagami, Que.

For more information, please visit our website atwww.natitanium.com.

Qualified Person

Julien Davy, P.Geo., M.Sc., MBA, independentconsultant, a Qualified Person under National Instrument 43-101 onstandards of disclosure for mineral projects, has approved thetechnical information about the Everett Property in this newsrelease.

ON BEHALF OF THE BOARD OFDIRECTORS

Dwayne Yaretz, CEO
North Atlantic Titanium Corp.
Phone: 778-709-3398
Email: info@natitanium.com
Website: www.natitanium.com

Neither the Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the Exchange) accepts responsibility for the adequacy or accuracyof this release.

This news release contains certainstatements which constitute forward-looking statements or informationunder applicable Canadian securities laws. Such forward-lookingstatements are subject to numerous known and unknown risks,uncertainties and other factors, some of which are beyond North Atlantic Titanium’s control, whichcould cause actual results or events to differ materially from thosestated, anticipated or implied in the forward-looking statements.These risks and uncertainties include general economic and capitalmarkets conditions, stock market volatility. Although North AtlanticTitanium believes that the forward-looking statements in this newsrelease 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 notto place undue reliance on the forward-looking statements, as noassurance can be provided as to future plans, operations, results,levels of activity or achievements. The forward-looking statementscontained in this news release are made as of the date of this newsrelease and, except asrequired by applicable law, North Atlantic Titanium does not undertakeany obligation to publicly update or to revise any of theforward-looking statements, whether as a result of new information,future events or otherwise.

The securities referred to in thisnews release have not been, nor will they be, registered under theUnited States Securities Act of 1933, as amended, and may not beoffered or sold within the United States or to, or for the account orbenefit of, U.S. persons absent U.S. registration or an applicableexemption from the U.S. registration requirements. This news releasedoes not constitute an offer for sale of securities, nor asolicitation for offers to buy any securities.

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