Military Metals Corp Announces New Antimony‑Gold Resource Estimate at Trojárová Project
Military Metals Corp (CSE: MILI, OTC: MILIF, FSE: QN90) announced on May 22, 2026 that it has filed a National Instrument 43‑101 (NI 43‑101) technical report detailing a maiden inferred mineral resource estimate for its 100 %‑owned Trojárová antimony‑gold project in Europe. The report, prepared by independent consultants SLR Consulting (Canada) Ltd., represents a significant step forward in the company’s exploration and development roadmap.
Key Resource Highlights
| Classification | Tonnes | Average Grade | Contained Metal |
|---|---|---|---|
| Inferred | 6.5 Mt | 1.02 % Sb, 1.06 g/t Au | 67 kt Sb, 222 koz Au |
The estimate is based on 53 diamond drill holes (7 167 m of drilling) and 55 intervals of underground chip samples (202 m). All data were modelled using a 2.0 m minimum width and a break‑even cut‑off grade of 0.8 % SbEq, where SbEq = Sb % + (Au g/t × 0.562). The resource assumes long‑term commodity prices of US$29,000 per tonne for antimony and US$3,000 per ounce for gold, with an 85 % metallurgical recovery for both metals.
Methodology and Standards
The report complies with the 2014 Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards and the CIM Best Practice Guidelines for Mineral Resources and Reserves (2019). The mineral resource replaces a historical estimate that was prepared under older methodologies, providing a modern, transparent basis for future feasibility work. The estimate excludes a 50 m crown pillar and applies a uniform bulk density of 2.82 t/m³ derived from laboratory measurements.
Implications for Military Metals Corp
- Economic Upside – The Trojárová project represents a sizable antimony‑gold resource that could become a cornerstone of Military Metals Corp’s portfolio, particularly as demand for antimony in battery and electronics applications grows.
- Development Pathway – The company has outlined a phased approach: initial feasibility studies, followed by permitting and infrastructure development, before progressing to a production‑ready phase.
- Capital Allocation – The company’s current market cap of approximately CAD 30 million and a closing price of CAD 0.37 (as of 2026‑05‑20) suggest that a positive development outcome could materially enhance shareholder value.
- Strategic Positioning – By securing a 100 % ownership stake in the Trojárová resource, Military Metals Corp positions itself to capture the full economic benefit of any future production, reducing exposure to joint‑venture risk.
Next Steps
Military Metals Corp has made the NI 43‑101 technical report available on SEDAR+ and plans to publish a detailed feasibility study once additional drilling and metallurgical testing confirm the resource’s viability. Investors and analysts will be watching for updates on permitting timelines, financing plans, and potential partnerships that could accelerate the project’s transition from exploration to production.
The information presented here is sourced from the company’s recent filings and is intended for informational purposes only. For the most current and detailed data, refer to the official NI 43‑101 report and the company’s communications.
