Absolutely Critical Resources Corp. (TSXV: ABC) announced on October 13, 2026 that diamond drilling has commenced at its Mary Ann's Lake Zinc/Copper/Silver Project in Cape Breton, Nova Scotia, with a second drill program at its Massey Nickel/Copper Project in Timmins, Ontario scheduled to begin around November 15, 2026. The company confirmed its drill contractor has mobilised at Mary Ann's Lake to test a geophysical anomaly identified approximately 50 metres below a historical silver assay in massive sulphide. Investors may be watching both programs closely given the company's focus on critical minerals amid growing Western demand for diversified supply chains.

Key Points

  • Absolutely Critical Resources Corp. (TSXV: ABC) provided a corporate and exploration update dated October 13, 2026.
  • Diamond drilling has commenced at the Mary Ann's Lake project in Cape Breton, Nova Scotia, targeting a subsurface geophysical anomaly.
  • ABC received a $52,500 grant under the Nova Scotia Junior Mining Assistance Program, with $31,500 already advanced.
  • Drilling at the 2,200-hectare Massey Nickel/Copper Property in Ontario is scheduled to begin around November 15, 2026, with five high-priority VTEM anomalies identified, including one with a 4,500 siemens conductivity reading.

Mary Ann's Lake Drilling Targets Historical Massive Sulphide Anomaly in Nova Scotia

The Mary Ann's Lake prospect sits approximately 1,500 metres from the former Stirling Mine, a past-producing massive sulphide deposit in Cape Breton. The company states that prior drilling in 1992 encountered an 80-metre-wide altered and mineralised zone characterised by talc-sericite-pyrite, closely resembling host rocks at Stirling. A subsequent electromagnetic survey by Crone Geophysics identified an anomaly roughly 50 metres below a 4.03 ounces-per-ton silver assay recorded in one of those historical drill holes. The current program is designed to test that anomaly directly. The initial drill program is expected to be completed in October, with results to be announced when available, according to the release.

Nova Scotia Government Grant Supports Mary Ann's Lake Exploration Cost-Sharing

ABC disclosed it has been awarded a $52,500 grant under the Nova Scotia Junior Mining Assistance Program, administered through the Nova Scotia Mineral Resources Development Fund. The company confirmed that $31,500 of the total grant has already been advanced, partially offsetting the cost of the current drill program. The release states the company acknowledges and is grateful for the provincial government's support in sharing program costs. No further breakdown of total exploration expenditures for the Mary Ann's Lake program was provided in the announcement.

Massey Property VTEM Modelling Identifies Five High-Priority Nickel/Copper Drill Targets in Ontario

The Massey Nickel/Copper Property in the Kamiskotia Complex near Timmins, Ontario comprises approximately 2,200 hectares. Geophysicist Alan R. King, M.Sc., P.Geophys., was commissioned to evaluate VTEM anomalies and complete Maxwell Plate Models. The analysis identified five very strong high-priority anomalies ranging from 400 siemens to an extreme high of 4,500 siemens, as well as 17 secondary anomalies. A drilling contract has been signed and a work permit approved. Initial drilling will focus on the target exhibiting the 4,500 siemens conductivity reading. Qualified Person Douglas Hunter, P.Geo., described the targets as high-priority based on exploration knowledge of adjoining ground held by Mink Ventures Corporation (TSXV: MINK).