Mr. Dwayne Yaretz reports

NORTH ATLANTIC TITANIUM MOBILIZES EVERETT FIELD PROGRAM TO ADVANCE TITANIUM, VANADIUM AND PHOSPHATE TARGETS FOLLOWING COREM MINERALOGICAL STUDY

North Atlantic Titanium Corp. has commenced mobilization for a field program at its Everett titanium project, located near Havre-Saint-Pierre, Que. 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. Corem (Consortium de recherche en traitement de minerais) is a Quebec City-based, non-profit applied research centre.

Highlights:

• Metallurgical results reinforce the company's strategy to advance a secure, domestic critical minerals processing supply chain in Canada -- supporting defence 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 (titanium-vanadium-iron) oxide) dominates and is accompanied by significant apatite (bearing 40 per cent P2O5).
• 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 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 North Atlantic Treaty Organization's broader strategy of advancing Everett as a potential integrated titanium feedstock project, with associated vanadium, iron and phosphate value streams.

Dwayne Yaretz, chief executive officer and director of North Atlantic Titanium, states:

"The Corem report gave us an important mineralogical road map. Our next field program is designed to move from characterization to targeting. We now have a much clearer understanding of where the value sits mineralogically -- particularly in the hemo-ilmenite and apatite phases -- and our field work will be directed toward collecting the right material, from the right locations, to advance the project efficiently."

The metallurgical test sample program

The Corem study spanned 2,500 metres 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.

Beginning in the north area, the company will conduct a tight grid of assay samples and representative material for metallurgical test work covering an area 500 m wide by 1,300 m along strike. The average TiO2 content at sample sites across this area is about 14 per cent, with some sites averaging 17 per cent TiO2 in recent analytical work.

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

Metallurgical sampling at Everett with a handheld coring drill

Concurrent with the field program, the company will commission a technical report on the property by Micon International Ltd., 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.

Technical rationale -- geometallurgy

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

• Hemo-ilmenite minerals host all titanium, vanadium and iron oxides, promising a simple metallurgical process path;
• Apatite hosts all phosphorus in the characterized material. Within the apatite, the P2O5 content is about 40 per cent, like other igneous phosphate deposits in Quebec;
• Favourable liberation characteristics supporting conventional processing.

These observations support a field program focused not only on grade but also on geology, structure, mineral assemblage, liberation characteristics and variability across the deposit area for a rounded geometallurgical approach.

Everett project context

The Everett titanium project is located near Havre-Saint-Pierre in the Cote-Nord region of Quebec, within the Minganie regional county municipality, along Quebec's North Shore, an area known for large iron-titanium oxide systems associated with the Grenville province anorthosite complexes. The project is accessible by a mostly paved road to the ice-free, deepwater 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.

About Corem

Corem (Consortium de recherche en traitement de minerais) is a Quebec City-based, non-profit applied research centre specializing in mineral processing, extractive metallurgy and mineral characterization. It operates as a member-driven consortium, working with mining companies, government agencies and equipment suppliers. Corem is one of Canada's leading independent mineral processing laboratories.

About North Atlantic Titanium Corp.

North Atlantic Titanium is focused on developing the Everett titanium-vanadium project in Quebec, targeting the production of high-quality titanium feedstocks with potential value-added vanadium and phosphate co-products. 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.

Qualified person

Julien Davy, PGeo, MSc, MBA, independent consultant, a qualified person under National Instrument 43-101 on standards of disclosure for mineral projects, has approved the technical information about the Everett property in this news release.

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