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Krait Critical Minerals Books Rangefront for 100-Assay Antimony Hunt at Bales Project as US Import Dependence Tops 85% $GLD

Krait Taps Rangefront for 100-Assay Antimony Program

Krait Critical Minerals Corp. (CSE: KRIT; FSE: U0S) has engaged Elko, Nevada-based Rangefront Mining Services to run a geological mapping, sampling, and exploration targeting program at its Bales antimony project in Okanogan County, Washington. The company announced the engagement in a press release dated 25 September 2026.

The proposed field program is designed to sharpen Krait’s understanding of the structural and geological controls on antimony mineralization and to establish priority zones for follow-up exploration and potential drilling. Rangefront is expected to complete roughly seven days of fieldwork with a mapping geologist and a junior geologist, and the program contemplates approximately 100 assays.

The work will include detailed mapping of intrusive-carbonate contacts and associated skarn zoning, including garnet-epidote-scheelite assemblages, plus underground and surface verification of historical mineralized zones, accessible workings, and historical mine dumps. Structural measurements are intended to better constrain the orientation and plunge of mineralized zones.

Krait acquired all issued and outstanding membership interests of Nevada Hills Antimony LLC, through which it holds contractual interests in Bales and direct interests in the Antimony Bell project and other related Washington assets.

Why Antimony’s Supply Gap Keeps Widening

Antimony has moved from what one September 8, 2026 report by American News Group called an “industrial afterthought” to a national security line item. The report cited Future Market Insights valuing the global antimony market at about US$2.5 billion, with a projection of roughly US$4.5 billion by 2036, a compound annual growth rate near 6.2%. Emergen Research estimated the market at about US$1.31 billion in 2025 and about US$2.5 billion by 2035.

The supply side is the sharper story. China introduced export licensing requirements in August 2024 covering six antimony product categories, including antimony ore, antimony metal, antimony oxide, and gold-antimony smelting and separation technology. In December 2024, China banned antimony exports to the United States. According to American News Group, antimony metal prices roughly doubled in the aftermath.

China accounts for roughly half of global antimony output, while the United States imports more than 85% of the antimony it consumes, per the same report. The U.S. has no operating primary antimony mine, and permitting and construction timelines remain a constraint on developing domestic supply.

From 100 Assays to Drill-Ready Targets

The Rangefront program is structured to convert historical data into modern, actionable geology. Beyond mapping and sampling, Rangefront will develop early-stage priority drill targets, including target coordinates, geological sections, and preliminary drill collar concepts.

Upon completion, Rangefront is expected to deliver digital geological data, supporting datasets, and a report summarizing the work and its geological conclusions. Krait CEO and Director Oscar Mendoza said the historical work gives the company a starting point, but the objective is to get geologists on the ground, verify what is there, and begin converting that information into clearly defined exploration targets.

Subject to property access and other conditions, Krait intends to use the results to set priorities for subsequent exploration, potentially including additional mapping, structural work, refinement of drill targets, and, if warranted, drilling.

Goldbar Spider Lake Adds a Second Catalyst

Krait’s September 2026 investor presentation outlined a separate four-phase exploration program for the Goldbar Spider Lake project in Ontario, which consists of 148 mining claims covering 171 claim units and 3,636 hectares. Krait holds an option to earn a 100% interest, subject to a 3% net smelter return royalty.

Phase 1 covers data compilation, historical database review, QA/QC, GIS compilation, and target ranking, with a recommended budget of CA$250,480 per the independent NI 43-101 Technical Report. Phases 2 through 4 cover geological evaluation, target refinement, and drill preparation. The plan follows a 262-line-kilometer helicopter-borne VTEM Plus survey completed in April 2026, which identified seven discrete late-time conductive zones labeled A through G.

The presentation states that Goldbar Spider Lake does not currently contain any mineral resources or reserves under NI 43-101 and that insufficient exploration exists to define one. Krait completed its CSE listing on August 24, 2026, and schedules the Phase 1 program for early 2027.

With 14,510,496 shares outstanding and management and insiders owning roughly 9.3%, Krait remains a tightly held critical-minerals name. The next hard catalysts are the delivery of Rangefront’s field report and assay results from the roughly 100 samples, followed by the Phase 1 start at Goldbar Spider Lake in early 2027. Investors should watch whether the Bales assays confirm historically mineralized zones and whether Krait converts those results into a formal drill program. Any follow-up drilling decision would be the clearest signal that the exploration thesis is moving from mapping to testing.

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