Military Metals Announces Field Program at Its Tiennesgrund Antimony-Gold Property in Slovakia
Military Metals Corp (OTCQB: MILIF) has announced plans to conduct a field program at its Tiennesgrund antimony-gold property in eastern Slovakia starting May 2025. The 13-square-kilometer property has a rich history of small-scale mining with over two dozen adits across the site.
Historical records indicate that one accessible adit produced 26,000 tons grading 18-24% antimony from 1930-1939, with tungsten content varying from 0.08-7.13%. The exploration program will focus on structural measurements from accessible underground workings and surface exposures, followed by soil geochemical surveys and trenching of promising areas.
The program, excluding drilling, is expected to take 3-4 weeks. The property is strategically located 25km northeast of Rožňava and 30km west-northwest of Kosice. CEO Scott Eldridge highlighted the timing of this exploration, noting the all-time high antimony prices and global supply shortage amid increasing demand from re-armament and renewable energy sectors.
Military Metals Corp (OTCQB: MILIF) ha annunciato l'avvio di un programma sul campo presso la sua proprietà Tiennesgrund di antimonio e oro nell'est della Slovacchia a partire da maggio 2025. L'area di 13 km² vanta una lunga storia di miniere di piccola scala con oltre una ventina di gallerie distribuite sul sito.
I documenti storici indicano che una galleria accessibile ha prodotto 26.000 tonnellate con un tenore di antimonio tra il 18 e il 24% dal 1930 al 1939, con un contenuto di tungsteno variabile dallo 0,08 al 7,13%. Il programma di esplorazione si concentrerà su misurazioni strutturali nelle gallerie accessibili e nelle esposizioni superficiali, seguite da indagini geochimiche del suolo e scavi nelle aree più promettenti.
Il programma, escluso il perforamento, dovrebbe durare 3-4 settimane. La proprietà si trova strategicamente a 25 km a nord-est di Rožňava e a 30 km a ovest-nordovest di Kosice. Il CEO Scott Eldridge ha sottolineato il tempismo di questa esplorazione, evidenziando i prezzi record dell'antimonio e la carenza globale di offerta in un contesto di crescente domanda dai settori della riarmamento e delle energie rinnovabili.
Military Metals Corp (OTCQB: MILIF) ha anunciado planes para llevar a cabo un programa de campo en su propiedad Tiennesgrund de antimonio y oro en el este de Eslovaquia a partir de mayo de 2025. La propiedad de 13 kilómetros cuadrados tiene una rica historia de minería a pequeña escala con más de dos docenas de galerías en el sitio.
Los registros históricos indican que una galería accesible produjo 26,000 toneladas con una ley de antimonio entre 18-24% desde 1930 hasta 1939, con un contenido de tungsteno que varía entre 0.08 y 7.13%. El programa de exploración se centrará en mediciones estructurales de los trabajos subterráneos accesibles y exposiciones superficiales, seguido de estudios geoquímicos del suelo y zanjas en áreas prometedoras.
Se espera que el programa, excluyendo la perforación, dure 3-4 semanas. La propiedad está estratégicamente ubicada a 25 km al noreste de Rožňava y a 30 km al oeste-noroeste de Kosice. El CEO Scott Eldridge destacó el momento de esta exploración, señalando los precios récord del antimonio y la escasez global de suministro en medio de una creciente demanda de los sectores de rearme y energías renovables.
Military Metals Corp (OTCQB: MILIF)는 2025년 5월부터 슬로바키아 동부에 위치한 Tiennesgrund 안티몬-금 광산 부지에서 현장 프로그램을 실시할 계획을 발표했습니다. 13평방킬로미터 규모의 이 부지는 20개 이상의 갱도가 분포해 있는 소규모 광산의 풍부한 역사를 가지고 있습니다.
역사 기록에 따르면, 접근 가능한 한 갱도에서 1930년부터 1939년까지 안티몬 함량 18-24%의 26,000톤을 생산했으며, 텅스텐 함량은 0.08%에서 7.13%까지 다양했습니다. 탐사 프로그램은 접근 가능한 지하 작업장과 지표 노출부의 구조 측정을 중심으로 진행되며, 이후 토양 지구화학 조사와 유망 지역의 트렌칭 작업이 이어집니다.
시추를 제외한 이번 프로그램은 3-4주가 소요될 예정입니다. 이 부지는 Rožňava에서 북동쪽으로 25km, Kosice에서 서북서쪽으로 30km 떨어진 전략적 위치에 있습니다. CEO 스콧 엘드리지(Scott Eldridge)는 이번 탐사의 시기에 대해 안티몬 가격이 사상 최고치를 기록했고, 재무장 및 재생 에너지 분야의 수요 증가로 인해 전 세계적으로 공급 부족이 심화되고 있음을 강조했습니다.
Military Metals Corp (OTCQB : MILIF) a annoncé son intention de mener un programme de terrain sur sa propriété Tiennesgrund d’antimoine et d’or dans l’est de la Slovaquie à partir de mai 2025. La propriété de 13 kilomètres carrés possède une riche histoire d’exploitation minière à petite échelle avec plus de deux douzaines de galeries sur le site.
Les archives historiques indiquent qu’une galerie accessible a produit 26 000 tonnes avec une teneur en antimoine de 18 à 24 % entre 1930 et 1939, avec un contenu en tungstène variant de 0,08 à 7,13 %. Le programme d’exploration se concentrera sur des mesures structurelles des travaux souterrains accessibles et des affleurements en surface, suivis d’enquêtes géochimiques des sols et de tranchées dans les zones prometteuses.
Le programme, hors forage, devrait durer 3 à 4 semaines. La propriété est stratégiquement située à 25 km au nord-est de Rožňava et à 30 km à l’ouest-nord-ouest de Kosice. Le PDG Scott Eldridge a souligné le bon timing de cette exploration, notant les prix historiques de l’antimoine et la pénurie mondiale d’approvisionnement dans un contexte de demande croissante des secteurs du réarmement et des énergies renouvelables.
Military Metals Corp (OTCQB: MILIF) hat Pläne angekündigt, ab Mai 2025 ein Feldprogramm auf seinem Tiennesgrund Antimon-Gold-Grundstück im Osten der Slowakei durchzuführen. Das 13 Quadratkilometer große Grundstück hat eine reiche Geschichte des Kleinbergbaus mit über zwei Dutzend Stollen auf dem Gelände.
Historische Aufzeichnungen zeigen, dass ein zugänglicher Stollen von 1930 bis 1939 26.000 Tonnen mit einem Antimongehalt von 18-24% förderte, wobei der Wolframagehalt zwischen 0,08 und 7,13% schwankte. Das Explorationsprogramm wird sich auf strukturelle Messungen in zugänglichen unterirdischen Stollen und oberirdischen Aufschlüssen konzentrieren, gefolgt von geochemischen Bodenuntersuchungen und Grabenarbeiten in vielversprechenden Bereichen.
Das Programm, ohne Bohrungen, wird voraussichtlich 3-4 Wochen dauern. Das Grundstück liegt strategisch 25 km nordöstlich von Rožňava und 30 km west-nordwestlich von Kosice. CEO Scott Eldridge betonte den Zeitpunkt dieser Erkundung und verwies auf die historischen Höchstpreise für Antimon sowie den globalen Angebotsmangel angesichts der steigenden Nachfrage aus den Bereichen Wiederaufrüstung und erneuerbare Energien.
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Numerous Historical Workings Including Limited Production
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2025) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "MILI") announces plans to carry out a field program at its
Two adits remain accessible including one where according to historical reports hand-sorting produced 26,000 tons grading 18
Military Metals' CEO, Scott Eldridge, comments: "Antimony prices continue to rise and remain at all-time highs. There is a global antimony supply shortage at a time where re-armament and renewable energy is advancing globally, two key demand pillars. We look forward to unlocking value at our second project in Slovakia, a location that remains to be explored in detail and where accessible historical underground workings should provide valuable geological information."
The property is 13km long and from 0.8-1.4km wide for a total of 13 square kilometers or 1,300 hectares. The key to determining the potential of this district-scale mineralized system is structure. Accordingly, exploration efforts will focus on locations across the property whereby virtue of accessible underground workings or surface exposures, structural measurements can be taken. Based upon the results of this work along with whatever additional information can be gleaned from the five volumes of government historical work on the property area spanning 1943-1989, areas will be selected for soil geochemical surveys. Locations where antimony and/or gold anomalies are delineated will be trenched, sampled and mapped. Locations where the combination of these efforts yield positive results indicative of a potentially significant concentration of antimony and/or gold, will be tested by drilling. The entire program with the exception of drilling is estimated to take three to four weeks, with a separate drilling program to follow at a time yet to be determined. The Tiennesgrund property is located 25km northeast of the historical mining town of Rozñava and 30km west-northwest of the city of Kosice.
The technical contents of this release were reviewed and approved by Avrom E. Howard, MSc, PGeo, VP-Exploration for Military Metals and a qualified person as defined by National Instrument 43-101.
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 Eldridge
CEO and Director
scott@militarymetalscorp.com or info@militarymetalscorp.com
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 commencement of the Company's field program at the Tiennesgrund property, the timeline for the field program discussed, and assumptions related to the continuation of the global demand for antimony and continuation of the value of antimony. 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. These include geopolitical developments related to the supply and value of antimony, the continued use of antimony and availability of alternatives, availability of capital and labour in respect of the field program at Tiennesgrund, the results of any future exploration activities, which cannot be guaranteed, and such other factors which may impact any future activities in respect of the Tiennesgrund property held by the Target. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at www.sedarplus.ca. 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 https://www.newsfilecorp.com/release/248689
FAQ
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