Churchill Resources Inc

Churchill Resources Inc. Company Overview

Churchill Resources Inc. is an exploration-stage mining company focused on developing high-grade, strategic critical mineral and battery metal projects in Newfoundland & Labrador, Canada. The company's primary focus, as detailed in its October 2025 investor presentation, is its Black Raven Project, which is being positioned to address key supply chain vulnerabilities for critical elements.

Investment Highlights

Critical Mineral Focus: The company is capitalizing on a historic reordering of supply chains by focusing on Antimony (Sb), an essential industrial ingredient with wide-ranging applications in flame retardants, batteries, semiconductors, and defense.

Strategic Supply Gap: North America currently has no primary antimony production and no high-grade supply. The Black Raven Project, which contains historic antimony-gold producers, is positioning itself to address this gap.

High-Grade Past Producers: The Black Raven Project includes the historic Frost Cove Antimony Mine and the Stewart Gold Mine, which are high-grade, historic producers of antimony and gold.

Exploration Progress: The company is currently conducting its first comprehensive exploration program in over 100 years at the Black Raven Project.

Key Exploration Results (2025)

Exploration and sampling at the Black Raven Project have yielded significant high-grade results.

Frost Cove Antimony Mine: High-grade samples from the two historic adits returned $35.1\%$ Sb and $29.7\%$ Sb.

Polymetallic System: Sampling across the polymetallic system (Antimony, Gold, Silver, Lead, Zinc) has yielded exceptionally high grades, including:

$35.5 \text{ g/t Au}$ (Gold) and $1,118 \text{ g/t Ag}$ (Silver).

$17.3 \text{ g/t Au}$ and $130 \text{ g/t Ag}$.

Drilling Program: A $5,000 \text{m}$ drilling program is underway, targeting down to $150 \text{m}$. This program is investigating the potential for a maiden NI 43-101 compliant inferred resource.

Project Portfolio & Jurisdiction

Churchill's assets are located in Newfoundland & Labrador, which is recognized as a Top 10 mining jurisdiction globally (per Fraser Institute).

Black Raven Project (Newfoundland): The primary focus, benefiting from excellent infrastructure (roads, hydro, and tidewater access).

Nickel Assets (Latent Value): The company holds two additional $100\%$ owned flagship nickel sulphide projects prospective for critical minerals.

Taylor Brook Project (Newfoundland).

Florence Lake Project (Labrador).

Equity Capital Markets Profile

(Based on data from October 2025)