Military sampling outlines Sb anomaly at Last Chance

Executive Summary

• Military Metals Corp. announced soil sampling results from its 100%-owned Last Chance antimony project in Nevada, delineating an 815-metre-long northwest-southeast-trending zone of anomalous antimony in soil.
• The top 10% of antimony results define an anomalous zone extending outward from historical mining areas, with grab samples returning up to 11.61% antimony.
• The company also announced the adoption of a shareholder rights plan (poison pill) effective January 20, 2026, subject to shareholder ratification at the upcoming annual general meeting on February 23, 2026.

Key Details

• Soil Sampling Results:
  • Delineated an 800-metre-long (specifically 815m in highlights) zone of anomalous antimony trending northwest and southeast from historical mining areas.
  • Top 10% of antimony results range from 53.5 ppm to 952 ppm.
  • Selective grab samples from spring 2025 returned values of 6.66% and 11.61% antimony (range: 0.005% to 11.61%).
  • Historical production: Between 1941-1942, over 200 tons of stibnite were shipped; last reported production was 44 tons (10-15% antimony) in 1958.
• Technical Methodology:
  • Soil orientation survey undertaken in October 2025.
  • Samples collected from B-horizon soil, sieved through 2.36mm mesh.
  • Analyses completed by American Assay Laboratories (ISO/IEC 17025:2017 accredited).
  • Antimony determined via four-acid digestion and ICP-OES finish.
• Shareholder Rights Plan:
  • Adopted by the Board of Directors, effective January 20, 2026.
  • Rights agent: Odyssey Trust Company.
  • Trigger: Acquisition of 20% or more beneficial ownership without complying with permitted bid provisions.
  • Penalty: Non-acquiring shareholders can purchase additional shares at a substantial discount.
  • Ratification: Subject to shareholder vote at the Annual General Meeting on February 23, 2026.
• Strategic Context:
  • CEO Scott Eldridge highlighted antimony as a critical mineral in the US, noting potential for government investment (grants, equity, loans).
  • Goal is to delineate drill targets to advance understanding of the buried mineralized system.

Notable Quotes

• "This cost-effective program has returned high-value insights for our Last Chance project as we see the potential for a buried mineralized system. Combined with our other exploration data, these results will directly inform future targets for drill campaigns at Last Chance, thus advancing our understanding of the mineralized system." — Scott Eldridge, CEO
• "Antimony is officially listed as a critical mineral in the United States, which means it gets special attention in policy and planning. Increased government investment in critical minerals has been observed in the form of grants, equity and loans. Our past-producing Last Chance project could play a crucial role in the development of a secure domestic supply of antimony for the United States and its allies." — Scott Eldridge, CEO