Military Metals Corp Stock Price, News & Analysis

Military Metals Corp (OTCQB: MILIF) has announced plans to conduct a field program at its Tiennesgrund antimony-gold property in eastern Slovakia starting May 2025. The 13-square-kilometer property has a rich history of small-scale mining with over two dozen adits across the site.

Historical records indicate that one accessible adit produced 26,000 tons grading 18-24% antimony from 1930-1939, with tungsten content varying from 0.08-7.13%. The exploration program will focus on structural measurements from accessible underground workings and surface exposures, followed by soil geochemical surveys and trenching of promising areas.

The program, excluding drilling, is expected to take 3-4 weeks. The property is strategically located 25km northeast of Rožňava and 30km west-northwest of Kosice. CEO Scott Eldridge highlighted the timing of this exploration, noting the all-time high antimony prices and global supply shortage amid increasing demand from re-armament and renewable energy sectors.

Military Metals Corp (CSE: MILI) (OTCQB: MILIF) reports on the U.S. administration's decision to exempt several critical minerals, including antimony, from the new 'Liberation Day' reciprocal tariffs announced on April 2, 2025.

The executive order implements broad-based import duties starting at 10%, but specifically excludes antimony, cobalt, nickel, indium, gallium, bismuth, and fluorspar under Section 3(b), recognizing their strategic importance. The U.S. currently has no domestic antimony production, relying entirely on imports primarily from China, Russia, and Tajikistan.

Antimony, a key focus of Military Metals, is essential for:

• Flame retardants
• Semiconductors
• Military-grade ammunition
• Solar panel glass
• Energy storage

Military Metals Corp (OTCQB: MILIF) has initiated an underground LIDAR survey at its Trojárová antimony-gold deposit in Slovakia. The survey covers 1.7 kilometers of underground workings, including seven crosscuts into the mineralized zone, aimed at creating a more precise three-dimensional deposit model with SLR Consulting.

The project gains strategic importance as antimony prices reach a new all-time high of USD$59,800 per metric ton in Europe. The company is also collecting over 20 kilograms of mineralized material to develop custom antimony analytical standards for upcoming drilling programs, to be prepared by Canadian Resources Laboratories.

CEO Scott Eldridge emphasizes the project's significance amid Europe's increasing defense sector spending and efforts to establish strategic independence from U.S. military support, positioning Trojárová as a important strategic asset for western antimony supply.

Military Metals Corp (OTCQB: MILIF) has provided an update on its Medvedi-Potok tin property in Slovakia, which hosts a Soviet-era historical tin resource. The 437-hectare exploration license is located in eastern Slovakia, near the village of Hnilec and 20 kilometers north of Rožňava.

The property, discovered in 1971, underwent extensive exploration including 36 trenches, 47 surface diamond drill holes, 5.3 kilometers of underground development, and 82 underground diamond drill holes. Historical estimates classified under the Soviet 'C2' category indicate 858,394 metric tons at 0.198% tin.

The mineralization is characterized as an intrusive-hosted greisened tin deposit, featuring high-grade tin in narrow quartz veins within a larger halo of lower-grade, disseminated mineralization. The company plans to review the extensive historical data and develop a strategy to maximize shareholder value.

Military Metals Corp (OTCQB: MILIF) has provided an update on its Trojarova antimony-gold project in western Slovakia. The company has made significant progress in digitizing historical exploration data, including 14,300m of diamond drilling and 350 underground channel samples.

Key accomplishments include digitization and georeferencing of surface topographic maps, underground geological maps, and historical drill sections into the Leapfrog software system. The company has also completed the translation and digitization of historical drill data from Slovak to English.

Next steps involve constructing a geological-deposit model, developing mineralization wireframes, and designing a new diamond drill hole program. The company plans to apply for drill permits by early April 2025, with drilling to commence shortly after permit approval, which is expected to take several weeks.

Military Metals Corp (CSE: MILI) (OTCQB: MILIF) held its annual general meeting on February 20, 2025, where shareholders approved key resolutions. The board of directors was set at four members, with Scott Eldridge (CEO), Michael Carew, Mark Saxon, and Stephen Sulis elected as directors. Shareholders approved Smythe LLP as the company's auditor, the continuation of the rolling stock option plan, and the incentive share unit plan.

The company appointed Latika Prasad, a founder and former director, as Vice-President of Corporate Finance. Additionally, Military Metals extended its agreement with Tafin GmbH for investor relations services focused on the German market. The two-month extension, starting March 1, 2025, comes with a one-time payment of EUR 200,000 (CAD$297,720) for marketing services including social media management, content creation, and press release distribution in Germany.

Military Metals Corp (MILIF) has completed the acquisition of the Last Chance Antimony-Gold Property in Nevada, located 70 kilometers north of Tonopah and 18 kilometers west of Kinross's Round Mountain gold mine. The property, originally discovered in 1880, saw production until the early 1960s supporting US defense efforts.

The site features historical infrastructure including a shaft and concrete foundations. The mineralization consists of antimony-gold deposits within structurally controlled quartz veins, with gold-dominant veins crosscutting antimony-dominant veins. The company plans a comprehensive field program for Q2-3 to explore additional mineralized vein clusters.

Notably, the antimony spot price has reached a new all-time high of $51,500 USD per tonne. The company has also submitted an application to the USA Defense Industrial Base Consortium, making it eligible for Defense Production Act funding.

Military Metals Corp. (MILIF) has appointed DGWA GmbH as its European financial market advisor to support its 100% owned Trojárová antimony-gold property in western Slovakia. DGWA will assist with investor relations, funding applications, and strategic connections in the European market.

The appointment comes at a time when antimony prices are reaching all-time highs, with analysts predicting potential prices of US $100,000 per ton, double the current rate. The company is currently working on converting Soviet-era resource data into NI 43-101 compliant resources with SLR.

DGWA's services will include organizing site visits, European roadshows, grant funding applications, introductions to defense sector companies, and managing German-language communications and investor relations. The EU has allocated significant funding for domestic critical minerals projects, with antimony being listed in Europe's Critical Raw Materials Act.

Military Metals Corp. (MILIF) has filed a NI 43-101 technical report on its fully owned Trojárová antimony-gold property in western Slovakia. The property is located 3 kilometers from the past-producing Pezinok mine, in a region that became Europe's largest antimony producer during the 1980s. The company is currently working on translating historical drill logs covering 14,330 meters of drilling and digitizing related data.

The technical team at SLR Consulting is developing a geological/deposit model using historical data to advise on confirmation drilling needed to classify the historically documented antimony-gold mineralization as current mineral resources. Development at Trojárová was previously halted in 1991 due to decreased antimony demand.