22:48:10 EDT Tue 22 Sep 2026
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Krait Critical Minerals Corp
Symbol KRIT
Shares Issued 12,010,496
Close 2026-09-22 C$ 1.06
Market Cap C$ 12,731,126
Recent Sedar+ Documents

Krait hires Rangefront for mapping, sampling at Bales

2026-09-22 18:59 ET - News Release

Mr. Oscar Mendoza reports

KRAIT CRITICAL MINERALS ENGAGES RANGEFRONT MINING SERVICES TO ADVANCE BALES ANTIMONY PROJECT IN WASHINGTON

Krait Critical Minerals Corp. has engaged Rangefront Mining Services, an Elko, Nev.-based geological services firm, to undertake a detailed geological mapping, sampling and exploration targeting program at the Bales antimony project in Okanogan county in Washington.

The engagement represents an important step in Krait's technical evaluation of the Bales antimony project following the company's acquisition of Nevada Hills Antimony LLC. Through Nevada Hills, Krait holds contractual interests relating to the Bales antimony project, together with direct interests in the Antimony Bell project and other related assets in Washington.

Oscar Mendoza, chief executive officer and director of Krait, commented: "Engaging Rangefront is an important step in bringing a systematic, modern exploration approach to the antimony projects. The historical work gives us a starting point, but our objective is to get geologists on the ground, verify what is there, understand the structural and geological controls on mineralization, and begin converting that information into clearly defined exploration targets.

"This program is designed to give us the geological foundation we need to make disciplined decisions about the next stage of exploration. If the fieldwork supports our geological thesis, we expect the resulting mapping, sampling and structural data to play an important role in defining priority targets for potential drilling," added Mr. Mendoza.

Rangefront geological program

Rangefront's proposed field program is designed to improve Krait's understanding of the geological and structural controls associated with antimony and related mineralization, and to establish priority areas for follow-up exploration and potential drilling.

The planned work includes:

  • Detailed geological mapping of intrusive-carbonate contacts and associated skarn zoning, including garnet-epidote-scheelite assemblages;
  • Underground and surface verification of historical mineralized zones, including accessible workings and historical mine dumps;
  • Systematic geological mapping and sampling across priority areas;
  • Structural measurements intended to better constrain the orientation, plunge and geological controls of mineralized zones;
  • Development of early-stage priority drill targets, including target coordinates, geological sections and preliminary drill collar concepts.

Upon completion of the program, Rangefront is expected to provide Krait with geological data in digital formats, relevant supporting data sets, and a report summarizing the work completed and its geological conclusions.

The proposed program provides for approximately seven days of fieldwork involving a mapping geologist and a junior geologist and contemplates approximately 100 assays as part of the exploration work.

Building a modern geological model

The objective of the program is to move beyond the historical exploration record and begin developing a modern geological framework for the antimony projects.

Particular emphasis will be placed on understanding the relationship between historical mineralized zones, intrusive contacts, alteration, structural controls and surface expressions of mineralization. The resulting geological model is expected to assist Krait in prioritizing areas for additional exploration and identifying potential targets for a future drill program.

Next steps

Subject to applicable property access and other required conditions, Krait intends to use the results of the Rangefront program to establish priorities for subsequent exploration at the antimony projects.

The company expects the initial technical work to integrate historical information with new geological observations, structural data and analytical results. Following receipt and interpretation of the field data and assay results, Krait will evaluate potential follow-up programs, which may include additional geological mapping and sampling, structural work, refinement of priority drill targets, and, if warranted, drilling.

National BNN Bloomberg campaign launch

The company has engaged Greenshoe Media Group Inc., an arm's-length media production and advertising company based in Maple, Ont., to produce and execute a national television advertising campaign on BNN Bloomberg. The 12-week campaign will include two 30-second television commercials and a 120-second stock ticker sponsorship. The company will pay Greenshoe $44,900, plus applicable taxes, for the media production and airtime campaign. Greenshoe does not provide investor relations services to the company. Greenshoe can be contacted at 10933 Jane St., Maple, Ont., L6A 1S1, by telephone at 416-488-9663 or by e-mail at info@gsmg.ca

Greenshoe is an arm's-length service provider to the company. To the knowledge of the company, neither Greenshoe nor its principals own any securities of the company, or have any direct or indirect interest in the company, except as may be acquired through ordinary market transactions.

About Rangefront Mining Services

Rangefront Mining Services is an Elko, Nev.-based geological services firm providing geological and technical services to the mineral exploration and mining industry. Rangefront's proposed work for Krait includes geological mapping, sampling, structural measurements and exploration target development at the antimony projects.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by J. Garry Clark, PGeo (PGO No. 0245), a director of Krait and a qualified person as defined by National Instrument 43-101.

Mr. Clark has not conducted a personal inspection of the antimony projects. Historical information referenced in this news release has not been independently verified by the qualified person, and should not be relied upon as necessarily indicative of current geological conditions or mineralization on the property.

About Krait Critical Minerals Corp.

Krait Critical Minerals is a Canadian mineral exploration company focused on advancing its Goldbar Spider Lake project in Ontario while evaluating additional mineral opportunities in North America. The company's strategy is to combine disciplined project evaluation, modern exploration technologies and responsible field programs to identify and advance high-quality exploration opportunities with the potential to create long-term shareholder value.

Krait's flagship asset is the Goldbar Spider Lake project in Ontario's Thunder Bay mining division, approximately 20 kilometres east of Terrace Bay and 30 kilometres west-northwest of Marathon. The 3,636-hectare (approximately 8,985-acre) property comprises 148 mining claims and 171 claim units, and Krait has an option to earn a 100-per-cent interest, subject to a 3-per-cent net smelter return royalty. Located within the western Schreiber-Hemlo greenstone belt, the project benefits from year-round access via Highway 17, nearby rail and power infrastructure, and proximity to established mining communities and service providers.

Krait acquired Nevada Hills Antimony LLC on Sept. 16, 2026. Through Nevada Hills, Krait holds contractual interests relating to the Bales antimony project, together with interests in the Antimony Bell project and other related assets in Washington. The acquisition expanded Krait's critical minerals portfolio to include United States-based antimony exploration opportunities.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.