Eureka Metals Corp. has announced plans for an initial eight-hole diamond drill program at the Hook Target on its KM98 Project in Québec, advancing exploration beyond previous surface-level sampling.

The program consists of eight holes from four approved drill sites, with individual holes planned to a maximum depth of approximately 200 metres. The drilling is designed to test an approximately five-kilometre prospective trend that combines titanium-bearing massive and semi-massive oxide mineralization at surface with large geophysical anomalies at depth.

Previous field work at KM98 was limited to mechanical stripping across a 100-metre by 20-metre area at the Roadside Target. Surface sampling at the North area previously returned grades up to 28.50% TiO₂, 66.31% Fe₂O₃, and 2,085 ppm vanadium from massive oxide mineralization.

Airborne geophysical data and 3D magnetic inversion modelling have identified a sizeable untested magnetic body in the Center area between the mineralized North and South occurrences, extending from near surface to depth. The upcoming drilling will test beneath known surface mineralization as well as the Center target to determine whether the surface occurrences represent part of a larger mineralised system.

“Hook gives us an opportunity to test whether the high-grade titanium mineralization we have identified at surface is part of a much larger mineralized system at depth,” said Danny Matthews, Chief Executive Officer of Eureka Metals. “We have titanium-bearing massive oxide mineralization at multiple locations along an approximately 5 km prospective trend and a large, untested geophysical target between the known surface occurrences. With our first drill program at Hook, we are now moving from surface discoveries and geophysical targets to directly testing the potential scale of the system below surface.”

Eureka secured an option in July 2026 to acquire up to an 80% interest in the KM98 property, which is located approximately 45 kilometres southwest of the company’s flagship Tyee Titanium Project in Québec. In the surrounding district, North Atlantic Titanium Corp. applied for a three-year drilling permit for 25,000 metres of drilling at the Everett oxide body.

Site preparation is currently underway, with drill mobilization anticipated in early September 2026. Final hole depths, orientations, and total meters completed may be adjusted based on geological observations, drilling performance, and the available operating window.

Read the full announcement: Eureka Metals Outlines Maiden Drill Program at KM98 Hook Target