Critical One Energy is pleased to share the results of initial metallurgical test work at its Khan Uranium Project at Madison West in Namibia’s highly prospective Erongo uranium province. The results demonstrate excellent uranium recovery rates and low acid consumption, reinforcing the project’s potential as a high-quality, cost-efficient uranium asset. Highlights of the Metallurgical Test Work: Uranium Recovery: Initial [...]
Critical One Energy announces a variation to its Earn-In and Exploration Rights Agreement with Star Minerals. This amendment enhances payment flexibility while preserving the strategic interests of both parties. Under the revised terms, Star Minerals has paid US$75,000 and issued US$200,000 in Star Shares and Performance Shares, as part of the First Payment. In total, Critical One has received: 1. 5,227,118 Ordinary [...]
Madison Metals is pleased to announce its corporate name change to Critical One Energy Inc. effective as of Monday, Dec 16, 2024. Concurrently, the Company's trading symbol will change to "CRTL" on the CSE. The Company's trading symbols on the OTC Markets and Frankfurt Stock Exchange will remain unchanged, although the Company plans to update its symbol on the OTCQB's Venture Market at a later date. The Company's common [...]
Madison Metals is pleased to announce that it intends to complete a private placement financing consisting of the sale of up to 6,000,000 units in the capital of the Company at a price of CDN$0.30 per Unit for aggregate gross proceeds of up to CDN$2,000,000. Each Unit consists of one common share and one-half common share purchase warrant. Each full Warrant entitles the holder thereof to purchase one Common Share in the [...]
Madison Metals Inc. is pleased to announce it has significantly increased its presence in the critical minerals sector by signing binding letters of intent with three separate entities to acquire 100% interest in a large, belt-scale antimony-gold project covering 13,990.90 hectares over 697 claims. The Howells Lake Antimony Gold Project is located in the Howells Lake area in the Thunder Bay Mining Division of Ontario [...]
Madison Metals Inc. announces that Executive Chairman and CEO Duane Parnham has increased his position in the Company by 35% year to date, through open market purchases and private placements, at an average cost of CDN$0.33 per share. For more details, please refer to Madison's SEDAR+ profile at www.sedarplus.ca. "Madison's management continues delivering on its business strategy of delivering technical excellence from [...]
Madison Metals Inc. is pleased to announce that Star Minerals Limited , a well managed Australian public company, has entered into a binding agreement with Madison to earn into Exclusive Prospecting Licence 8531 at Madison North near the world-renowned Rossing Uranium Mine in the Erongo Uranium Province, Namibia. Under the terms of the agreement, Star Minerals has the opportunity to earn up to a 51% interest in the Cobra [...]
Madison Metals Inc. is pleased to announce that the Ministry of Mines and Energy of Namibia has granted permission for nuclear fuels extraction to the Company's active Mining Licence 86A , the same licence within Madison West that hosts the past-producing Khan Copper Mine and the recent discovery of high-grade uranium intrusions. "I wish to extend my sincere gratitude to the Government of Namibia for supporting mining [...]
Madison Metals Inc. is pleased to announce that the downhole probe and chemical results from the maiden drill program confirmed subsurface zones of uranium connected to high-grade surface results at the Khan Uranium Project at Madison West, located in the Erongo Uranium Province, Namibia. The Company is planning a new and extensive Phase II drilling program to better define and expand the uranium resource. Key Findings [...]
Madison Metals Inc. announces that Ryan Thompson has resigned from his position as Chief Strategy Officer, effective immediately. Mr. Thompson will continue to provide advisory services to management. "The board wishes to thank Mr. Thompson for his valuable contributions to Madison throughout his tenure as Chief Strategy Officer and the Company will still be able to utilize his experience and expertise as he will continue [...]
Madison Metals Inc. is pleased to announce that the Ministry of Mines and Energy of Namibia has granted a licence for base and rare metals, industrial minerals, and nuclear fuels for Exclusive Prospecting Licence 8905 , which lies at Madison West within Mining Licence 86A , the same licence area that hosts the Khan Copper Mine. This important development signifies a major milestone for Madison as the Company continues to [...]
Madison Metals Inc. is pleased to announce that it has completed its maiden drill program of nine holes of Reverse Circulation drilling at its Khan Uranium Project at Madison West, located in Namibia's Central Erongo Uranium province, and confirmed high-grade uranium deposits. Uranium mineralization was successfully intersected at depth in six of the nine drill holes. The most significant observations during the Company's [...]
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