Northwire Canada EditionSunday, August 2, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Military Metals Announces 2025 Soil Sampling Delineates 800m Antimony Anomaly, Last Chance Antimony Project, Nevada, USA

MILI · Price

Executive Summary

  • Military Metals reports an 800 m‑plus northwest‑southeast trending zone of anomalous antimony in surface soils at its 100 % owned Last Chance project in Nevada.
  • The top decile of soil assays (53.5–952 ppm Sb) and selective grab samples (up to 11.61 % Sb) highlight a discrete mineralized corridor that will be used to prioritize future drill targets.
  • The Board adopted a Shareholder Rights Plan effective Jan‑20‑2026, pending shareholder ratification at the Feb‑23‑2026 AGM.

Key Details

  • Anomalous Zone: 815 m NW–SE trending surface anomaly identified from the top 10 % of antimony soil results.
  • Soil Assay Range: Upper decile values between 53.5 ppm and 952 ppm Sb; individual grab samples range from 0.005 % to 11.61 % Sb (including 6.66 % and 11.61 %).
  • Historical Context: Between 1941‑42, >200 t of stibnite shipped; last production in 1958 was 44 t at 10‑15 % Sb.
  • Sampling Methodology: B‑horizon soils collected with hand shovel, sieved to 2.36 mm, labeled, and analyzed by American Assay Laboratories (ISO/IEC 17025:2017 accredited). Certified reference materials inserted in 4 % of batch.
  • Analytical Suite: Sb measured via ICP‑OES; additional elements (Ag, As, Ca, Cu, Fe, Hg, Li, Pb, Zn) also reported. Gold determined by fire assay with ICP‑OES finish.
  • Future Work: Soil results will be integrated with existing data to delineate drill targets for upcoming exploration campaigns.
  • Shareholder Rights Plan: Adopted Jan 20 2026; rights trigger at ≥20 % beneficial ownership without a “Permitted Bid.” Rights exercisable at a substantial discount; ratification sought at AGM on Feb 23 2026.
  • Qualified Person: David Murray, B.Sc., P.Geo., VP‑Exploration, reviewed and approved technical content per NI 43‑101.

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… Antimony is officially listed as a critical mineral in the United States… Our past producing Last Chance project could play a crucial role in the development of a secure domestic supply of antimony.” – Scott Eldridge, CEO & Director


Materiality Assessment: Non‑Material – Positive (provides encouraging exploration insight but does not yet constitute a material change to the company’s financial position).

Read the original news release →

More from Military Metals Corp.