en.Wedoany.com Reported - Critical One Energy has signed a Memorandum of Understanding (MoU) with Green Infrastructure Partners (GIP) to support the Howells Lake Antimony-Gold Project in Ontario, Canada.
The agreement aims to establish a framework for GIP's involvement in road planning, civil engineering, workforce training, and contract mining services at the Critical One Energy site. The site is located approximately 120 kilometers west of the Ring of Fire corridor.
Under the MoU, the scope of work includes road construction and civil engineering, as well as certified heavy equipment operator training for Indigenous community members in collaboration with Fleming College in Lindsay. Training will be funded through the Parnham Family Student Endowment. GIP will also have a right of first refusal on contract mining and material supply related to the Howells Lake Antimony-Gold Project.
Duane Parnham, Founder, Executive Chairman, and CEO of Critical One Energy, stated that the company has advanced the Howells Lake project from a historical antimony-gold system to an active, permitted project with high-grade antimony drilling, including nearly pure stibnite. Parnham noted that this drilling supports the project's potential as a direct-shipping ore route for military and industrial buyers, while GIP assists the company in planning road access, infrastructure, and ore transport to market. He said the company now has the assets, permits, and partners to position Howells Lake as a source of critical minerals for North American defense, technology, and clean energy.
The agreement aims to align project infrastructure with ongoing larger-scale critical mineral infrastructure development in northern Ontario, including the province's Ring of Fire road plan. Construction is scheduled to begin in June 2026.
Critical One Energy stated that the MoU has an initial term of 24 months and is non-binding until a definitive agreement is signed. Execution of a definitive agreement will depend on further commercial negotiations, collaboration with the Eabametoong First Nation, regulatory approvals, and related permits.
In September 2025, Critical One Energy announced the acquisition of an 18.5% interest in Dark Star Minerals, an exploration company focused on uranium projects in the Erongo region of Namibia.
This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com
