Military Metals Corp Stock Price, News & Analysis

Military Metals Corp. (OTCQB: MILIF) has launched a field exploration program at its wholly-owned Manson Bay gold-bearing polymetallic property in Saskatchewan. The property, spanning 4,293.2 hectares across 13 mining claims, is strategically located 40km northwest of Flin Flon, Manitoba.

The current $50,000 exploration program follows significant historical exploration since 1953, including extensive drilling campaigns in the 1980s. The 2024 geophysical surveys of five drill holes revealed an expanded conductive layer, suggesting a broader mineralization zone. The ongoing field work, which began July 12, involves a four-person crew conducting prospecting, rock sampling, geological mapping, and B-horizon soil sampling.

Additionally, the company has engaged Tafin GmbH for investor relations services focused on the German market, with a one-month contract valued at EUR 100,000 (CAD$159,990).

Military Metals Corp. (OTCQB: MILIF) has identified three new exploration targets at its West Gore Antimony Project in Nova Scotia through reprocessing of 2021 drone magnetics data. The analysis, conducted by Resourceful Geoscience Solutions Inc., revealed previously overlooked targets associated with historical mineralization patterns.

The three targets include: a potential surface extension of a mineralized chute from main historical workings, a parallel structure to the main mine near the Brook Vein with a 47-foot deep historical shaft, and an unexplored area 650 meters southwest of the main historical mine workings. The company will begin evaluating these targets with surface geochemistry starting July 7th, 2025, and is preparing for an inaugural drilling campaign.

Military Metals Corp. (MILIF) has completed initial fieldwork at its Last Chance Antimony Project in Nevada, located 70km north of Tonopah and 18km west of Kinross's Round Mountain gold mine. The exploration revealed significant antimony mineralization with samples containing up to 11.61% stibnite across three locations spanning 1 kilometer. The site features historical infrastructure including a shaft, three adits, dumps, and mill ruins. Key findings include the discovery of antimony-bearing structures through clots, veinlets, and stockworks of massive stibnite, as well as copper-stained outcrops potentially indicating additional mineralization zones. The company plans to conduct detailed structural documentation for drill target delineation in the coming weeks, positioning itself as a potential contributor to US domestic antimony supply, particularly relevant given the recent $300M financing of Perpetua Resources' Stibnite Project.

Military Metals Corp. (MILIF) has secured an Access Agreement for its West Gore Antimony Project in Nova Scotia, a historically significant antimony producer during World War I. The agreement grants the company surface rights access for exploration activities, including drilling, with an initial one-year term and three one-year renewal options. The West Gore mine, which historically produced 7,000 tonnes of antimony concentrate at 46% grade, ceased operations when its final shipment was sunk by a U-boat. The company plans to conduct exploration activities including historical record compilation, drone magnetic surveys, and drill target delineation. The project, located in the Meguma gold camp, contains antimony and gold mineralization in various forms including stibnite, native antimony, and antimony-gold alloys.

Military Metals Corp. (MILIF) announces its participation in the EIT Raw Materials Summit in Brussels from May 13-15, 2025. The summit, focused on sustainable resource management, aligns with the EU's recently announced ReArm Europe plan, an 800 billion Euro defense initiative launched in March 2025. The conference aims to connect critical minerals projects with funding opportunities as the EU strengthens its domestic supply chains. As an antimony-focused exploration company, Military Metals seeks to engage with EU officials, funding sources, and strategic partners. The summit coincides with EU's Critical Raw Materials Act implementation, which aims to increase local production of key minerals. CEO Scott Eldridge emphasizes the strategic timing of the conference as Europe enters an era of rearmament, focusing on European-made equipment and sustainable mining practices.

Military Metals Corp. (MILIF) discusses the recent U.S.-Ukraine agreement for critical minerals sourcing, highlighting a significant shift in U.S. policy towards European partnerships. The agreement, announced on April 30, 2025, would give the U.S. privileged access to Ukraine's resources including aluminum, graphite, oil, and natural gas. CEO Scott Eldridge notes that while this development is positive for various minerals, it doesn't address the U.S. antimony shortage since Ukraine lacks documented antimony deposits. The company also announced the extension of its investor relations agreement with Tafin GmbH for two months until June 30, 2025, with a one-time payment of EUR 150,000 (CAD$236,160) for marketing services focused on the German market.

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.