Vancouver – TheNewswire – October 13, 2026 – Absolutely Critical Resources Corp. (“ABC” or the “Company”) (TSXV: ABC), is pleased to provide an update on its corporate activities and exploration plans which were announced on August 19, 2026.
Following the completion of the Company’s private placement as announced on September 21, 2026, the Company completed its annual audited filings and is now moving forward with diamond drilling on its two programs described below.
Mary Ann’s Lake Zinc/Copper/Silver Project – Cape Breton, Nova Scotia
The Mary Ann’s Lake exploration target lies in proximity (approximately 1,500 m) to the former Stirling Mine, a massive sulphide deposit and former producer of Zn-Pb-Cu-Ag-Au. Mary Ann’s Lake is a blind prospect discovered by an airborne survey flown in winter 1992. Initial follow-up ground IP and drilling in 2 short holes encountered a broad (80 m wide) altered and mineralized zone (talc-sericite-pyrite) closely resembling the host rocks to the Stirling Mine.
The significance of the talc-sericite-pyrite interbedded with mudstone and felsic pyroclastics is that this mineralization is hydrothermal exhalative, which indicates proximity to a vent, the site of formation of massive sulphides. Post drilling ground and bore EM and surface survey by Crone Geophysics marked an anomaly about 50m below an important 4.03 o.p.t silver assay in massive sulphide in one of the holes drilled in 1992. The diamond drill contractor has just mobilized, and drilling has commenced to test this anomaly. The Company has been awarded a grant of $52,500 under the Nova Scotia Junior Mining Assistance Program, $31,500 of which has already been advanced. The Company acknowledges and is grateful for, the support of, the Nova Scotia Mineral Resources Development Fund by the Government of Nova Scotia in sharing the cost of the program.
The initial drill program is expected to be completed in October, and results will be announced when available.
Massey Nickel/Copper Project – Timmins, Ontario
A drilling contract has been signed, and drilling is scheduled to begin around November 15, 2026. The Massey Property, which comprises approximately 2,200 hectares is situated in the Kamiskotia Complex, host to number of VMS deposits and nickel sulphide zones. The property in the past was incorrectly interpreted to be underlain by a large granite intrusion. Recent geological traverses have established extensive gabbro, host rock for nickel sulphide mineralization and recent prospecting identified sulphide occurrences coincident with VTEM anomalies. Numerous priority VTEM targets have been identified and modelled for drilling by Geotech. The project has strong priority targets and is drill ready; a work permit has been submitted and approved.
The Company commissioned geophysicist, Alan R. King, M.Sc., P. Geophys., to evaluate VTEM anomalies and complete Maxwell Plate Models on any VTEM anomalies planned for drilling. It was determined that a review by a geophysicist would be beneficial in evaluating the VTEM data as a complete continuous survey and to independently identify the strongest VTEM anomalies. From the originally identified strong anomalies, Alan has identified 5 very strong high-priority VTEM anomalies for drilling ranging from 400 siemens to an extreme high of 4500 siemens. Initial drilling will focus on the on the target with the extremely 4500 siemans conductivity reading. There are also identified 17 second level anomalies on the Massey Property, with the 9 strong anomalies identified by Alan ranging from 220 to 525 siemens This modelling is essential for drill hole planning, as some of the known Maxell plates are flat lying. Douglas Hunter, P.Geo ., stated “These are high-priority drill targets based on our knowledge of exploration on the adjoining property which is held by Mink Ventures Corporation (TSXV:MINK). This company, which is very active in the immediate area, has reported significant copper-nickel mineralization in several drill holes”.
The Company’s Chairman and CEO, John O’Donnell, stated: “These are very exciting days. We are finally able to drill test these two highly prospective properties over the next couple of months. The fact that we have the potential to find critical mineral deposits is an added bonus since major Western economies are racing to diversify supply chains and reduce reliance on China, as they are heavily dependent on China for critical minerals and components used in the defence, aerospace, automotive and renewable energy sectors. The Company’s projects are targeting several of the strategic raw materials which comprise most critical mineral wish lists.”
Douglas Hunter, P.Geo ., a director of the Company, is a Qualified Person (QP) under NI 43-101 and has provided and has approved the technical information contained in this press release.
For more information on the Company and its projects, investors should review the Company’s filings on SEDAR+ at www.sedarplus.ca and its new website at https://abccriticalresources.com .
On behalf of the Board of Directors,
John F. O’Donnell, Chairman and CEO
john@odonnell-law.ca
(647) 966-3100
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release and the presentation contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding an outlook. Such statements include, among others, the Company’s proposed exploration plans and the related exploration expenditures. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding its ability to raise financing and complete its proposed work programs, and receipt of further grant proceeds. Actual results could differ materially due to a number of factors, including, without limitation, regulatory issues, financing opportunities, and market conditions. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.
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