Military Metals Completes Field Program at Its Last Chance Antimony-Gold Property in Nevada - Identifies Drill Targets
Military Metals Corp. (OTCQB: MILIF) has completed a significant field program at its Last Chance antimony-gold property in Nevada, located 18km west of Kinross Gold's Round Mountain mine. The program, led by structural geologist Dr. John Federowich, involved mapping 49 outcrops to identify drill targets at this historical producer.
The property has a notable production history, including 400 tons of 20% antimony during WWI and 29 tons of 45% antimony in 1939. Recent samples by the company showed stibnite concentrations ranging from 0.005% to 11.61% across a 1-kilometer distance. The site features historical infrastructure including a 180-foot shaft with 300 feet of drifting.
Additionally, the company announced a one-month marketing services contract with i2i Marketing Group for US$375,000, focusing on digital marketing and content distribution.
Military Metals Corp. (OTCQB: MILIF) ha concluso un importante programma sul campo presso la sua proprietà Last Chance antimonio-oro in Nevada, a 18 km a ovest della miniera Round Mountain di Kinross Gold. Guidato dal geologo strutturale Dr. John Federowich, il team ha mappato 49 affioramenti per individuare i bersagli di trivellazione su questo sito storico.
La proprietà vanta una produzione passata significativa, inclusi 400 tonnellate al 20% di antimonio durante la Prima Guerra Mondiale e 29 tonnellate al 45% di antimonio nel 1939. Campioni recenti prelevati dalla società mostrano concentrazioni di stibnite comprese tra 0,005% e 11,61% su un tratto di 1 chilometro. L’area conserva infrastrutture storiche, tra cui un pozzo di 180 piedi con 300 piedi di gallerie.
Inoltre, la società ha annunciato un contratto di servizi di marketing di un mese con i2i Marketing Group del valore di US$375.000, focalizzato su marketing digitale e distribuzione di contenuti.
Military Metals Corp. (OTCQB: MILIF) ha completado un programa de campo importante en su propiedad Last Chance antimonio-oro en Nevada, situada a 18 km al oeste de la mina Round Mountain de Kinross Gold. Dirigido por el geólogo estructural Dr. John Federowich, el equipo cartografió 49 afloramientos para definir objetivos de perforación en este antiguo yacimiento.
La propiedad tiene un historial de producción notable, incluyendo 400 toneladas con 20% de antimonio durante la Primera Guerra Mundial y 29 toneladas con 45% de antimonio en 1939. Muestras recientes de la compañía mostraron concentraciones de estibnita entre 0,005% y 11,61% a lo largo de 1 kilómetro. El sitio conserva infraestructura histórica, como un pozo de 180 pies con 300 pies de galerías.
Además, la compañía anunció un contrato de servicios de marketing de un mes con i2i Marketing Group por US$375,000, centrado en marketing digital y distribución de contenido.
Military Metals Corp. (OTCQB: MILIF)는 네바다의 Last Chance 안티몬-금 광구에서 대규모 현장 프로그램을 완료했습니다. 이 광구는 Kinross Gold의 Round Mountain 광산에서 서쪽으로 18km 떨어져 있습니다. 구조지질학자 Dr. John Federowich가 이끄는 팀은 이 역사적 광산에서 시추 목표를 선정하기 위해 49개 노출지를 조사하여 지도화했습니다.
이 광구는 과거 생산 기록이 두드러집니다. 제1차 세계대전 동안 20% 안티몬 400톤을 생산했고 1939년에는 45% 안티몬 29톤를 생산한 이력이 있습니다. 회사의 최근 시료에서는 1km 구간에서 0.005%에서 11.61%까지의 스티브나이트(stibnite) 함량이 확인되었습니다. 현장에는 180피트 깊이의 갱도와 300피트의 드리프트 등 역사적 인프라도 남아 있습니다.
또한 회사는 i2i Marketing Group과 월 단위 마케팅 서비스 계약을 체결했으며 계약 규모는 미화 375,000달러로 디지털 마케팅 및 콘텐츠 유통에 중점을 둡니다.
Military Metals Corp. (OTCQB: MILIF) a achevé un important programme de terrain sur sa propriété Last Chance antimoine-or au Nevada, située à 18 km à l'ouest de la mine Round Mountain de Kinross Gold. Dirigée par le géologue structural Dr John Federowich, l'équipe a cartographié 49 affleurements pour cibler des zones de forage sur ce site historique.
Le gisement présente un passé de production notable, comprenant 400 tonnes à 20% d'antimoine pendant la Première Guerre mondiale et 29 tonnes à 45% d'antimoine en 1939. Des échantillons récents prélevés par la société ont montré des concentrations de stibnite variant de 0,005% à 11,61% sur une distance d'un kilomètre. Le site conserve des infrastructures historiques, notamment un puits de 180 pieds avec 300 pieds de galeries.
La société a par ailleurs annoncé un contrat d'un mois pour des services marketing avec i2i Marketing Group d'un montant de 375 000 USD, axé sur le marketing numérique et la diffusion de contenu.
Military Metals Corp. (OTCQB: MILIF) hat ein umfangreiches Feldprogramm auf seinem Last Chance Antimon-Gold-Grundstück in Nevada abgeschlossen, das 18 km westlich der Round Mountain-Mine von Kinross Gold liegt. Unter Leitung des Strukturgeologen Dr. John Federowich wurden 49 Aufschlüsse kartiert, um Bohrziele auf diesem historischen Fördergebiet zu identifizieren.
Das Grundstück weist eine bemerkenswerte Produktionsgeschichte auf, darunter 400 Tonnen mit 20% Antimon während des Ersten Weltkriegs und 29 Tonnen mit 45% Antimon im Jahr 1939. Aktuelle Proben des Unternehmens zeigten Stibnitgehalte von 0,005% bis 11,61% über eine Strecke von 1 Kilometer. Auf dem Gelände sind historische Anlagen erhalten, darunter ein 180 Fuß tiefer Schacht mit 300 Fuß Stollen.
Darüber hinaus gab das Unternehmen einen einmonatigen Marketingdienstleistungsvertrag mit i2i Marketing Group über 375.000 US-Dollar bekannt, der sich auf digitales Marketing und Content-Distribution konzentriert.
- Historical high-grade antimony production with samples up to 45% antimony
- Strategic location 18km from Kinross Gold's Round Mountain mine
- Property has existing infrastructure including shaft, adits, and mill ruins
- Identified as critical mineral by U.S. government with potential domestic supply importance
- No modern exploration methods previously applied to the property
- Significant marketing expense of US$375,000 for just one month of services
- Underground workings may complicate future drilling operations
- Historical production limited to small-scale operations
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2025) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "MILI"), is pleased to announce the successful completion of a field program at its wholly-owned Last Chance antimony-gold property, located 18 kilometers west of Kinross Gold's Round Mountain gold mine in south-central Nevada. The purpose of the field program was to map geological structures targeting both known mineralized structures as well as potential additional ones that could be accurately delineated, forty-nine outcrops across the property were used in the analysis. Last Chance is a historical producer, however modern exploration methods have never been applied.
Highlights:
- Historical producer: four hundred tons of material averaging
20% antimony were reportedly shipped during World War I, and 29 tons averaging 45 percent antimony were shipped in 1939;1 - During 1941-42, over 200 tons of mined antimony were shipped. The last reported production was in 1958 comprising 44 tons at shipped grades of between 10
-15% antimony;1 - Structural measurements at 49 outcrops using the ESRI Field Maps app GPS control were obtained;
- Generated projections of structures in 3D in Datamine Studio RM for drill target generation;
- Previous samples taken by the Company include
6.66% and11.61% Stibnite, ranging from0.005% to11.61% stibnite, are found in quartz-carbonate veins and quartz-carbonate flooded metasedimentary host rocks in at least three locations over a distance of 1 kilometer (see also MILI News Release dated June 19, 2025; - Additional stibnite-rich quartz vein samples were recently identified (image 3 below).
Scott Eldridge, CEO and Director, stated, "We are excited to report on the independent findings of a professional Structural Geologist, which has helped us to identify high-priority drill targets. Last Chance is a historical producer in a top mining jurisdiction, where modern exploration methods were never implemented. We look forward to further honing in on the identified drill targets with the aim of making a new discovery. The U.S. government has significantly ramped up funding for critical minerals projects-including antimony as part of a broader push to secure domestic supply chains and reduce reliance on foreign sources like China. The U.S. urgently needs domestic antimony production for several strategic, economic, and security reasons. Antimony is the linchpin in defense, energy, and tech."
Historical infrastructure including a shaft, three adits, dumps and the ruins of a mill remain on site. Aside from limited gold-focused exploration during the 1980s, the property has not seen any exploration activity until the Company acquired it. Originally discovered in the late 1800s, the Last Chance property was initially developed to exploit antimony followed by repeated intervals of small-scale production until the 1950s, with exploration efforts in the 1980s focused on gold. According to a Nevada Bureau of Mines report, four hundred tons of material averaging
(1)(source: Lawrence, E.F., 1963: ANTIMONY DEPOSITS OF NEVADA, Nevada Bureau of Mines, Bulletin 61, p. 152).
Antimony mineralization at Last chance is controlled both structurally and stratigraphically A field program recently completed by structural geologist John Federowich, PhD, has provided details regarding the property's complex structural setting and its impact upon mineralization both in terms of what was historically exploited and, more importantly, the potential for more. Structural measurements were made at forty-nine outcrops across the property; precise location control was obtained utilizing a differential GPS and ESRI digital mapping app. Based upon these measurements, a form line map of foliation-bedding and faults was produced, along with projections of structures in 3D for drill target generation in a report accompanied by maps, one of which is included below.
IMAGE 1: Structural mapping at the Last Chance property; note the old mill foundations and waste dumps in the background
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10818/265649_4fa24264c4a32822_001full.jpg
IMAGE 2: Lithology Contacts Map
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10818/265649_4fa24264c4a32822_002full.jpg
IMAGE 3: Sample of mineralized quartz vein, Last Chance property (grade unknown)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10818/265649_4fa24264c4a32822_003full.jpg
Recommendations presented by Dr. Federovich include follow-up detailed structural mapping where intense iron carbonate alteration and quartz-carbonate breccia veining was observed; the margins of the intensely altered zone requires additional attention, as well. Although the surface area of the property has been disturbed by historical mining activity, a recommendation to consider a soil survey was made. The relative advantages of reverse circulation versus diamond drilling in an area where underground workings could complicate the latter, were discussed, as well. The Company is evaluating the recommendations as part of its future program at Last Chance.
Investor Relations Engagement
On September 8, 2025, the Company entered into a media services contract (the "i2i Agreement") with i2i Marketing Group, LLC ("i2i"). Pursuant to the terms of the i2i Agreement, i2i will, among other items, provide the Company with marketing services, which includes social media management, content creation, distribution, digital marketing, digital advertising and any other marketing services as agreed upon by the Company and i2i (the "i2i Services") for distribution by email, and on popular investor platforms. The i2i Agreement has a term of one month and terminates on October 10, 2025. The Company will make two equal payments to i2i for total consideration of US
The technical contents of this release were reviewed and approved by Avrom E. Howard, MSc, PGeo, VP-Exploration for Military Metals and a qualified person as defined by National Instrument 43-101.
About Military Metals Corp.
The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony.
ON BEHALF OF THE BOARD of DIRECTORS
For more information, please contact:
Scott Eldridge
CEO and Director
scott@militarymetalscorp.com or info@militarymetalscorp.com
For enquiries, please call Jeremy Ross, VP Corporate Development 604-537-7556
This news release contains "forward-looking information". Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-Looking information in this news release includes statements related to the Company's exploration plans in relation to the Last Chance gold and antimony project, and future conditions related to global and US critical minerals development. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. Known risks include risks related to future demand for antimony, alterations of supply chains in a manner that deprioritizes domestic exploration, development and production of antimony or critical minerals in the United States and in the world, or risks related operating in the mineral exploration space, including permitting, labour shortages or disruptions, social disruptions, availability of capital, availability of equipment and other resources, or similar risks. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at www.sedarplus.ca. Forward-Looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates, or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.
The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265649
FAQ
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