Northwire Canada EditionFriday, July 17, 2026
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Resource Estimate Material +

Military Metals Reports Maiden Inferred Resource Estimate Containing 67,000 Tonnes of Antimony and 222,000 Ounces of Gold at Flagship Trojarova Project, Europe

Maiden inferred resource crowns Trojarova as EU’s largest antimony deposit, fueling strategic‑metal ambitions

Executive Summary

Military Metals announced a maiden inferred mineral resource estimate for its flagship Troj árová Project in western Slovakia. The estimate comprises 6.5 Mt at 1.02 % Sb and 1.06 g/t Au, translating to 67 kt of antimony and 222 koz of gold. The resource was derived from 53 diamond drill holes (7,167 m) and 55 underground chip‑sample intervals (202 m), prepared by SLR Consulting under CIM 2014 standards. The cut‑off grade used was 0.8 % SbEq (Sb % + Au g/t × 0.562). Assumptions: $29,000/tonne Sb and $3,000/oz Au, with 85 % metallurgical recovery for both metals.

Material Impact
  • Scale: The resource is the largest antimony deposit in the EU and among the world’s biggest, dramatically expanding Military Metals’ asset base.
  • Timing: Released just weeks after a series of high‑grade drill results (Feb–Mar 2026) that built confidence for a modern NI 43‑101 estimate. The resource now provides a concrete quantitative foundation for valuation, financing, and potential off‑take discussions.
  • Strategic relevance: Aligns with EU policy to secure non‑Chinese critical minerals, positioning the company as a key supplier candidate.
  • Market reaction: Given the prior price rally from $0.34 (Jan 2026) to $0.54 (Apr 7 2026), the news is likely to sustain upward momentum but may be partially priced in by early‑stage investors aware of the drill program’s success.

Overall, the announcement constitutes a material positive development—new, unexpected resource data that materially improves the company’s valuation outlook.

MILI · Price
Company Overview

Military Metals Corp. focuses on the acquisition and development of critical mineral projects, primarily antimony (a strategic metal for flame retardants, batteries, and defense). The Trojarová Antimony‑Gold Project in western Slovakia is 100 % owned, hosts historic resources, and is now quantified as a 6.5 Mt inferred resource with significant gold by‑product potential.

Read the original news release →

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