Northwire Canada EditionMonday, August 10, 2026
Northwire
WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%
Drill Results

Military Metals Announces the Commencement of Resource Confirmation Drilling at the Flagship Trojarova Antimony Gold Project, European Union

MILI · Price

Executive Summary

  • Military Metals Corp. has commenced a 10‑hole, up to 2,500 m definition drilling program at its 100% owned Trojarová Antimony‑Gold Project in Slovakia.
  • The campaign is designed to confirm historic drill results, support an updated mineral resource estimate (target early 2026), and test north‑west strike continuity of the deposit.
  • David Murray, P.Geo., has been appointed Vice President of Exploration and granted 300,000 stock options at $0.50 per share.

Key Details

  • Drilling Program: Up to 10 diamond drillholes totaling ≤2,500 m; 7 holes to validate historic data for SLR Consulting’s resource model, 3 holes to test NW strike extension.
  • Historical Context: Historic resource (1992 Slovak Geological Institute) – 2.46 Mt at 2.47% Sb and 0.635 g/t Au (cut‑off 1.0% Sb), classified as “P1” ≈ CIM Inferred Resources. Not treated as current resources.
  • Resource Update Goal: Completion of a modern mineral resource estimate expected early 2026, leveraging new drill data.
  • Executive Appointment: David Murray, P.Geo., with 15 years’ international exploration experience (Goldcorp, Newmont, etc.), appointed VP‑Exploration; immediate vesting of 300,000 stock options at $0.50/share, exercisable for five years.
  • Management Quote: CEO Scott Eldridge highlighted the drilling campaign as a “milestone achievement” and expressed confidence in Murray’s ability to unlock project value.
  • Forward‑Looking Statements: Company anticipates that drill results will enable resource estimate completion and further development of antimony assets; risks include geopolitical factors, capital availability, and exploration outcomes.

Notable Quotes

“The commencement of this drilling campaign at our flagship Trojarová Project is a milestone achievement… I look forward to working directly with David to unlock the geological potential of our antimony portfolio.” – Scott Eldridge, CEO


Materiality Assessment: Material – Positive (the launch of a definition drill program and senior‑level appointment are material developments for a junior exploration company).

Read the original news release →

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