Latest news with #MilitaryMetalsCorp
Yahoo
04-06-2025
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Military Metals Announces Access Agreement at West Gore Past Producing Antimony Mine, Nova Scotia
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2025) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "MILI"), a company focused on antimony, is pleased to announce it has signed an Access Agreement (the "Agreement") with the surface rights owners (the "Surface Holders") holding the majority of the surface rights on which the Company's West Gore Antimony Project ("West Gore" or the "Project") is situated. This Agreement allows the Company access to the surface, required to carry out its exploration activities including drilling, once drill targets are delineated. The Agreement provides for joint access of the Surface Holders and the Company for specified activities, establishes a plan for coordination of use related to the property, and endures for an initial term of one year, with renewal rights granted to the Company for three successive one-year terms. West Gore was an important antimony producer during World War One, making significant contributions to the allied war effort having produced 7,000 tonnes of antimony concentrate grading 46% antimony.(1) "The Premier of Nova Scotia, Mr. Houston has been actively promoting the province as a hub for critical mineral development. His public message has been very direct, aiming to attract investment and position Nova Scotia as a reliable and sustainable source of these materials. His provincial government has lifted bans and streamlined regulations to encourage mining and resource development, at a much-needed time," stated Scott Eldridge, CEO of Military Metals. "Critical minerals, especially antimony continue to capture the headlines with supply disruptions now becoming a normal theme. Western countries are pressed to find domestic solutions to take control of the supply of antimony as traditional sources are no longer available and stockpiles are non-existent. We are excited to commence exploration activities at the past producing West Gore Antimony Project. The Project has a significant history, as one of Canada's largest antimony producers during WWI. The mine ceased production, when its then final shipment of antimony concentrate headed for the UK was sunk by a U-boat. The historical ore body remains open along strike and open at depth within a now consolidated land package with potential for further discoveries. Post-production diamond drilling has identified high-grade antimony and gold and requires further follow up with an opportunity to establish the mineral resource potential." Exploration Plans Compilation and review of all historical records High resolution drone magnetic survey Delineation of drill targets (1) Source: NI 43-101 Technical Report: May 25, 2021 by Battery Elements Corp All historical data have been compiled and are undergoing detailed review. The Company's 2025 field program is scheduled to include a high-resolution drone-based aeromagnetic survey the results of which will assist in the delineation of drill targets to test for additional mineralized zones associated with the historical West Gore antimony mine. The West Gore project lies in the Meguma gold camp and consists of a past-producing underground mine and stockpiles of antimony and gold mineralized material which are yet to be quantified or qualified. Mineralization occurs as stibnite, native antimony, aurostibnite, and antimony-gold alloys and oxides. Aside from minor exploration work in the 1960s and the 1980s, the West Gore system remains essentially unexplored. Historical accounts detail that mining at West Gore was suspended during the first world war when a ship load of antimony ore enroute to Wales for processing was torpedoed and sunk. The loss of this revenue bankrupted the mining company and operations were suspended. The technical contents of this release were reviewed and approved by Avrom E. Howard, MSc, PGeo, VP of Exploration for Military Metals and a qualified person as defined by National Instrument 43-101. For more information about Military Metals Corp. and its critical minerals initiatives, please visit About Military Metals Corp. The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony. ON BEHALF OF THE BOARD of DIRECTORS For more information, please contact: Scott EldridgeCEO and Director scott@ or info@ For enquiries, please call Jeremy Ross, VP Corporate Development 604-537-7556 This news release contains "forward-looking information". Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-Looking information in this news release includes statements related to the Company's exploration plans in relation to the West Gore Antimony Project, future ability of the Company to access the West Gore Antimony Project in connection with the Agreement, and future conditions related to Nova Scotia's critical minerals development.. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. Known risks include risks related to future demand for antimony, alterations of supply chains in a manner that deprioritizes domestic exploration, development and production of antimony or critical minerals in Canada, or risks related to the Agreement, including disputes, assertion of rights of Surface Holders in a manner that limits the activities of the Company. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at Forward-Looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates, or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release. To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
04-06-2025
- Business
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Military Metals Announces Access Agreement at West Gore Past Producing Antimony Mine, Nova Scotia
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2025) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "MILI"), a company focused on antimony, is pleased to announce it has signed an Access Agreement (the "Agreement") with the surface rights owners (the "Surface Holders") holding the majority of the surface rights on which the Company's West Gore Antimony Project ("West Gore" or the "Project") is situated. This Agreement allows the Company access to the surface, required to carry out its exploration activities including drilling, once drill targets are delineated. The Agreement provides for joint access of the Surface Holders and the Company for specified activities, establishes a plan for coordination of use related to the property, and endures for an initial term of one year, with renewal rights granted to the Company for three successive one-year terms. West Gore was an important antimony producer during World War One, making significant contributions to the allied war effort having produced 7,000 tonnes of antimony concentrate grading 46% antimony.(1) "The Premier of Nova Scotia, Mr. Houston has been actively promoting the province as a hub for critical mineral development. His public message has been very direct, aiming to attract investment and position Nova Scotia as a reliable and sustainable source of these materials. His provincial government has lifted bans and streamlined regulations to encourage mining and resource development, at a much-needed time," stated Scott Eldridge, CEO of Military Metals. "Critical minerals, especially antimony continue to capture the headlines with supply disruptions now becoming a normal theme. Western countries are pressed to find domestic solutions to take control of the supply of antimony as traditional sources are no longer available and stockpiles are non-existent. We are excited to commence exploration activities at the past producing West Gore Antimony Project. The Project has a significant history, as one of Canada's largest antimony producers during WWI. The mine ceased production, when its then final shipment of antimony concentrate headed for the UK was sunk by a U-boat. The historical ore body remains open along strike and open at depth within a now consolidated land package with potential for further discoveries. Post-production diamond drilling has identified high-grade antimony and gold and requires further follow up with an opportunity to establish the mineral resource potential." Exploration Plans Compilation and review of all historical records High resolution drone magnetic survey Delineation of drill targets (1) Source: NI 43-101 Technical Report: May 25, 2021 by Battery Elements Corp All historical data have been compiled and are undergoing detailed review. The Company's 2025 field program is scheduled to include a high-resolution drone-based aeromagnetic survey the results of which will assist in the delineation of drill targets to test for additional mineralized zones associated with the historical West Gore antimony mine. The West Gore project lies in the Meguma gold camp and consists of a past-producing underground mine and stockpiles of antimony and gold mineralized material which are yet to be quantified or qualified. Mineralization occurs as stibnite, native antimony, aurostibnite, and antimony-gold alloys and oxides. Aside from minor exploration work in the 1960s and the 1980s, the West Gore system remains essentially unexplored. Historical accounts detail that mining at West Gore was suspended during the first world war when a ship load of antimony ore enroute to Wales for processing was torpedoed and sunk. The loss of this revenue bankrupted the mining company and operations were suspended. The technical contents of this release were reviewed and approved by Avrom E. Howard, MSc, PGeo, VP of Exploration for Military Metals and a qualified person as defined by National Instrument 43-101. For more information about Military Metals Corp. and its critical minerals initiatives, please visit About Military Metals Corp. The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony. ON BEHALF OF THE BOARD of DIRECTORS For more information, please contact: Scott EldridgeCEO and Director scott@ or info@ For enquiries, please call Jeremy Ross, VP Corporate Development 604-537-7556 This news release contains "forward-looking information". Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-Looking information in this news release includes statements related to the Company's exploration plans in relation to the West Gore Antimony Project, future ability of the Company to access the West Gore Antimony Project in connection with the Agreement, and future conditions related to Nova Scotia's critical minerals development.. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. Known risks include risks related to future demand for antimony, alterations of supply chains in a manner that deprioritizes domestic exploration, development and production of antimony or critical minerals in Canada, or risks related to the Agreement, including disputes, assertion of rights of Surface Holders in a manner that limits the activities of the Company. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at Forward-Looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates, or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
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Military Metals Announces Participation at the EIT Raw Materials Summit as EU Implements ReArm Europe Plan/Readiness 2030, Brussels May 13-15
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2025) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "MILI"), a company focused on the exploration and development of critical minerals projects, mainly antimony, is pleased to announce its participation in the European Union ("EU") sponsored European Institute of Innovation and Technology ("EIT") Raw Materials Summit, taking place in Brussels, Belgium, from May 13-15, 2025. The Company invites attendees, including EU officials, EU funding sources, institutional investors, and strategic industry partners to request a private meeting through the conference app. One of the main objectives of EIT Raw Materials is to connect critical minerals projects with funding opportunities as the EU aims to strengthen its domestic supply chains. Europe is entering an era of rearmament, and this conference couldn't be more timely to help connect critical defense mineral projects with the capital necessary to quickly develop them. "The ReArm Europe plan was announced in March 2025. It is a major EU defense initiative to strengthen Europe's military capabilities and take greater responsibility for its own security," stated Scott Eldridge, CEO of Military Metals. "The estimated potential funding is 800 billion Euros, with an emphasis towards European-made equipment. In parallel, the EU is pressing forward with the goals of the Critical Raw Materials Act to increase local production of key minerals including antimony. Participating in the EIT Raw Materials Summit is a valuable opportunity to showcase our commitment to future sustainable mining practices and to help the EU solve the issue of its control of key critical minerals. We look forward to engaging with industry leaders and contributing to discussions that will shape the future of critical raw materials in Europe." As one of the industry's premier conferences, the EIT Raw Materials Summit gathers global stakeholders to discuss the future of sustainable resource management. Military Metals will join policymakers, investors, and industry experts to explore breakthrough technologies, circular economy strategies, and responsible sourcing initiatives shaping the sector. More information can be found at: RawMaterials Summit | 2025 | RAW MATERIALS. For more information about Military Metals Corp. and its critical minerals initiatives, please visit: About Military Metals Corp. The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony. ON BEHALF OF THE BOARD OF DIRECTORS For more information, please contact: Scott EldridgeCEO and Director scott@ or info@ For enquiries, please call Jeremy Ross, VP Corporate Development 604-537-7556 This news release contains "forward-looking information". Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information in this news release includes statements related to the completion of the Company's review of the technical disclosure related to the asset, as well as future plans for maximizing value, and assumptions related to the continuation of the global demand for tin and continuation of the value of tin. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates, or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release. To view the source version of this press release, please visit
Yahoo
12-05-2025
- Business
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Military Metals Announces Participation at the EIT Raw Materials Summit as EU Implements ReArm Europe Plan/Readiness 2030, Brussels May 13-15
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2025) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "MILI"), a company focused on the exploration and development of critical minerals projects, mainly antimony, is pleased to announce its participation in the European Union ("EU") sponsored European Institute of Innovation and Technology ("EIT") Raw Materials Summit, taking place in Brussels, Belgium, from May 13-15, 2025. The Company invites attendees, including EU officials, EU funding sources, institutional investors, and strategic industry partners to request a private meeting through the conference app. One of the main objectives of EIT Raw Materials is to connect critical minerals projects with funding opportunities as the EU aims to strengthen its domestic supply chains. Europe is entering an era of rearmament, and this conference couldn't be more timely to help connect critical defense mineral projects with the capital necessary to quickly develop them. "The ReArm Europe plan was announced in March 2025. It is a major EU defense initiative to strengthen Europe's military capabilities and take greater responsibility for its own security," stated Scott Eldridge, CEO of Military Metals. "The estimated potential funding is 800 billion Euros, with an emphasis towards European-made equipment. In parallel, the EU is pressing forward with the goals of the Critical Raw Materials Act to increase local production of key minerals including antimony. Participating in the EIT Raw Materials Summit is a valuable opportunity to showcase our commitment to future sustainable mining practices and to help the EU solve the issue of its control of key critical minerals. We look forward to engaging with industry leaders and contributing to discussions that will shape the future of critical raw materials in Europe." As one of the industry's premier conferences, the EIT Raw Materials Summit gathers global stakeholders to discuss the future of sustainable resource management. Military Metals will join policymakers, investors, and industry experts to explore breakthrough technologies, circular economy strategies, and responsible sourcing initiatives shaping the sector. More information can be found at: RawMaterials Summit | 2025 | RAW MATERIALS. For more information about Military Metals Corp. and its critical minerals initiatives, please visit: About Military Metals Corp. The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony. ON BEHALF OF THE BOARD OF DIRECTORS For more information, please contact: Scott EldridgeCEO and Director scott@ or info@ For enquiries, please call Jeremy Ross, VP Corporate Development 604-537-7556 This news release contains "forward-looking information". Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information in this news release includes statements related to the completion of the Company's review of the technical disclosure related to the asset, as well as future plans for maximizing value, and assumptions related to the continuation of the global demand for tin and continuation of the value of tin. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates, or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-05-2025
- Business
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Military Metals Summarizes U.S. Strategic Shift Toward European Critical Minerals Sourcing
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2025) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "MILI"), a company engaged in the exploration of critical minerals, observes the recent reports indicating an agreement between the United States and Ukraine, which management of the Company believes is signaling a pivotal shift in U.S. policy to source critical minerals from European partners. This strategic move underscores the growing importance of securing stable, western supply chains for essential resources like aluminum and graphite, vital for defense, technology, and energy sectors. "We see this as a transformative moment for the critical minerals sector," said Scott Eldridge, CEO of Military Metals Corp. "The U.S. appears to be prioritizing partnerships with European nations like Ukraine to secure the resources needed for advanced technologies and national defense. However, it leaves the U.S. antimony deficit unresolved as Ukraine does not have any documented antimony deposits. While promising for other minerals, it does not solve the critical antimony shortage facing the U.S. Military Metals is well-positioned in western countries to support this shift, with our focus on developing high-quality mineral assets in stable jurisdictions." The U.S.-Ukraine deal, announced on April 30, 2025, will, if entered into and approved by Ukraine's parliament, grant the U.S. privileged access to some of Ukraine's abundant natural resources, including aluminum, graphite, oil, and natural gas. This agreement aligns with the broader geopolitical trend of reducing reliance on non-western sources for critical minerals, a priority for the U.S. as it navigates global supply chain challenges and seeks to bolster economic and security partnerships in Europe. Investor Relations Engagement Extended The Company further announces the extension of its agreement related to marketing and investor relations. On January 1, 2025, the Company engaged Tafin GmbH ("Tafin") to provide investor relations services with a focus on the German stock market and the German-speaking investment community in support of the company listing on the Frankfurt Stock Exchange (the "Tafin Agreement"). Pursuant to the terms of the Tafin Agreement, Tafin provides the Company with marketing services, which includes social media management, content creation, distribution, digital marketing, including, but not limited to, the preparation of articles and coverages on multiple financial platforms and newsletters, and translation and distribution of press releases in Germany and any other marketing services as agreed upon by the Company and Tafin (the "Tafin Services"). The Tafin Agreement has been extended by a term of two (2) months commencing on May 1, 2025 and ending on June 30, 2025. The Company will make a one-time payment to Tafin of EUR 150,000 (CAD$236,160), as consideration for the provision of the Tafin Services. Marco Marquardt is and will continue to provide the Tafin Services to the Company on behalf of Tafin and may be contacted at +49 6128 9792946 or finanzmedien@ Rosenweg 28, 65232 Taunusstein, Germany. The Company has not and will not issue any securities to Tafin as compensation. Both Tafin and Marco Marquardt are arm's length to the Company and do not have any interest, direct or indirect, in the Company or its securities nor do they have any right to acquire such an interest. Military Metals Corp. remains committed to advancing its portfolio of critical mineral projects in Slovakia, and North America, to meet the growing demand for secure, ethically sourced antimony. The Company's strategic vision aligns with the U.S.'s renewed emphasis on European-sourced minerals, fostering resilience and innovation in the global supply chain. For more information about Military Metals Corp. and its critical minerals initiatives, please visit LinkedIn: About Military Metals Corp. The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony. ON BEHALF OF THE BOARD of DIRECTORS For more information, please contact: Scott EldridgeCEO and Director scott@ or info@ For enquiries, please call 604-537-7556 This news release contains "forward-looking information". Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-Looking information in this news release includes statements related to the entry into of any agreement between the US and Ukraine, as well as the contemplated terms of such agreement, the issuance of any future permits related to critical minerals in Ukraine, approval of the agreement by Ukraine's parliament, and the US's geopolitical strategy evolving towards more cooperation with European partners. A variety of factors, including known and unknown risks, all of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at Forward-Looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates, or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release. To view the source version of this press release, please visit Sign in to access your portfolio
