Northwire Canada EditionSaturday, August 8, 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

Armory Mining Plans Exploration Program at the Ammo Antimony-Gold Project

ARMY · Price

Executive Summary

  • Armory Mining Corp. announced the initiation of planning for a Phase 1 exploration program at the Ammo antimony‑gold project in Nova Scotia.
  • The initial phase will focus on prospecting, reconnaissance, sampling and geophysical work to define priority drill targets, with a budget of up to C$500,000.
  • The company intends to provide further details in the coming weeks as detailed planning progresses.

Key Details

  • Project Scope: Ammo antimony‑gold project comprises a >3,000‑hectare exploration package surrounding the historic West Gore mine (antimony and gold producer pre‑WWI).
  • Ownership Structure: Armory holds an option to acquire 100 % of the Ammo project; the land is currently owned by Military Metals Corp.
  • Phase 1 Activities:
  • Prospecting and reconnaissance to map favorable geology.
  • Systematic sampling program.
  • Geophysical surveys to aid in prioritizing drill targets.
  • Budget: Up to C$500,000 allocated for the initial exploration phase.
  • Timeline: Detailed planning is underway; additional information will be released in the coming weeks.
  • Management Quote: CEO Alex Klenman stated, “We’re going to methodically progress the project with the goal to drill the most prominent targets… Identifying and confirming domestic sources of critical minerals is a major priority…”

Notable Quotes

“Identifying and confirming domestic sources of critical minerals is a major priority and Armory is intent on advancing its current assets in this regard.” – Alex Klenman, CEO & Director

Read the original news release →

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