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Military Metals Provides Overview on Tienensgrund Antimony Project, Europe

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Military Metals Corp. has provided details about its recently acquired Tienesgrund antimony-gold project in eastern Slovakia. The property spans 13.40 square kilometers and extends over 12.5 kilometers, located 20 kilometers from Roznava. The site features over two-dozen historical adits and underground operations, with mining activities dating back to the early 1800s. Soviet-era reports (1943-1989) document antimony production during both world wars. Recent surface work revealed structurally-controlled antimony-gold veins with samples showing several percent antimony and multiple grams per tonne gold. The property also contains tungsten, with historical grades ranging from 0.03-0.32%, alongside antimony grades of 1.57-11.00% in the Rosabella adit.

Military Metals Corp. ha fornito dettagli sul suo recentemente acquisito progetto antimonio-oro Tienesgrund nell'est della Slovacchia. La proprietà si estende per 13,40 chilometri quadrati e si estende per 12,5 chilometri, situata a 20 chilometri da Roznava. Il sito presenta oltre due dozzine di gallerie storiche e operazioni sotterranee, con attività minerarie che risalgono ai primi anni 1800. I rapporti dell'era sovietica (1943-1989) documentano la produzione di antimonio durante entrambe le guerre mondiali. Recenti lavori di superficie hanno rivelato vene di antimonio-oro controllate strutturalmente, con campioni che mostrano diversi percentuali di antimonio e molteplici grammi per tonnellata di oro. La proprietà contiene anche tungsteno, con gradi storici che variano dallo 0,03 all'0,32%, accanto a gradi di antimonio dell'1,57 all'11,00% nella galleria Rosabella.

Military Metals Corp. ha proporcionado detalles sobre su recientemente adquirido proyecto de antimonio-oro Tienesgrund en el este de Eslovaquia. La propiedad abarca 13,40 kilómetros cuadrados y se extiende por 12,5 kilómetros, ubicada a 20 kilómetros de Roznava. El sitio cuenta con más de dos docenas de aditamientos históricos y operaciones subterráneas, con actividades mineras que datan de principios de 1800. Informes de la era soviética (1943-1989) documentan la producción de antimonio durante ambas guerras mundiales. Recientes trabajos de superficie revelaron vetas de antimonio-oro controladas estructuralmente, con muestras que mostraron varios porcentajes de antimonio y múltiples gramos por tonelada de oro. La propiedad también contiene tungsteno, con grados históricos que oscilan entre el 0,03% y el 0,32%, junto con grados de antimonio del 1,57% al 11,00% en el aditamento Rosabella.

Military Metals Corp.는 슬로바키아 동부에 위치한 최근 인수한 Tienesgrund 안티모니-금 프로젝트에 대한 세부 정보를 제공했습니다. 이 부지는 13.40 평방킬로미터의 면적을 가지며, 12.5킬로미터에 걸쳐 있으며, 로즈나바에서 20킬로미터 떨어져 있습니다. 이 현장은 1800년대 초로 거슬러 올라가는 광산 활동과 함께 20개 이상의 역사적인 수갱 및 지하 작업이 있습니다. 소련 시대 보고서(1943-1989)는 두 차례의 세계 대전 동안의 안티모니 생산을 문서화하고 있습니다. 최근의 지표 작업에서는 구조적으로 제어된 안티모니-금 광맥이 드러나고, 샘플은 수 퍼센트의 안티모니와 톤당 여러 그램의 금을 보여주었습니다. 이 기지는 또한 0.03-0.32% 범위의 역사적인 등급을 가진 텅스텐을 포함하고 있으며, Rosabella 아디트에서 1.57-11.00% 범위의 안티모니 등급도 포함하고 있습니다.

Military Metals Corp. a fourni des détails sur son projet récemment acquis de antimoine-or Tienesgrund à l'est de la Slovaquie. La propriété s'étend sur 13,40 kilomètres carrés et mesure 12,5 kilomètres de long, située à 20 kilomètres de Roznava. Le site comprend plus de deux douzaines de galeries historiques et d'opérations souterraines, avec des activités minières remontant au début des années 1800. Les rapports de l'ère soviétique (1943-1989) documentent la production d'antimoine pendant les deux guerres mondiales. Des travaux de surface récents ont révélé des veines de la structure contrôlée de l'antimoine et de l'or, avec des échantillons montrant plusieurs pour cent d'antimoine et plusieurs grammes d'or par tonne. La propriété contient également du tungstène, avec des teneurs historiques allant de 0,03 à 0,32 %, ainsi que des teneurs en antimoine de 1,57 à 11,00 % dans la galerie Rosabella.

Military Metals Corp. hat Einzelheiten zu seinem kürzlich erworbenen Tienesgrund Antimon-Gold-Projekt im Osten der Slowakei bereitgestellt. Das Grundstück erstreckt sich über 13,40 Quadratkilometer und hat eine Länge von 12,5 Kilometern, etwa 20 Kilometer von Roznava entfernt. Der Standort verfügt über mehr als zwei Dutzend historische Stollen und unterirdische Betriebe, in denen die Bergbauaktivitäten bis in die frühen 1800er Jahre zurückreichen. Berichte aus der Sowjetzeit (1943-1989) dokumentieren die Antimonproduktion während beider Weltkriege. Jüngste Oberflächenarbeiten haben strukturell kontrollierte Antimon-Gold-Adern enthüllt, deren Proben mehrere Prozent Antimon und mehrere Gramm Gold pro Tonne zeigen. Das Grundstück enthält auch Wolfram, mit historischen Gehalten zwischen 0,03 und 0,32%, sowie Antimongehalt von 1,57 bis 11,00% im Rosabella-Stollen.

Positive
  • Property spans large area of 13.40 square kilometers with 12.5km mineralization system
  • Historical mining infrastructure with over two dozen adits present
  • High-grade historical tungsten (0.03-0.32%) and antimony (1.57-11.00%) mineralization reported
  • Recent sampling showed multiple percent antimony and several grams per tonne gold
Negative
  • No current mineral resources established on the property
  • Historical resource estimates unverified by the company
  • Very surface work completed to date

Vancouver, British Columbia--(Newsfile Corp. - November 20, 2024) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "Military") is pleased to provide an overview and description of its Tienesgrund antimony-gold project ("Tienesgrund" or "the Property") located in eastern Slovakia. As announced on November 15, 2024, the Company closed its acquisition of three brownfield properties in Slovakia, one tin and two antimony-gold, one of which is Tienesgrund, the other being the Company's flagship antimony-gold project, Trojárová.

The Tienesgrund property comprises 13.40 square kilometers (1,340 hectares), stretching over 12.5 kilometers in length roughly east-west, tracing the topographic expression of what is likely a fault or shear-controlled antimony-gold system. It is located 20 kilometers from the region's historical mining capital, Roznava, a region with a mining history dating back to the Middle Ages. Gold was almost certainly what first attracted miners to the property area. When underground work first began, likely at least as far back as the early 1800s if not before through to the Soviet era, over two-dozen adits and small underground operations were developed. Most of the adits were mapped and sampled during the Soviet era with four reports comprising hundreds of pages of data produced between 1943 and 1989. Limited antimony production was recorded during both world wars.

Within these reports are a number of antimony-focused historical resource estimates prepared on individual historically documented mineralized zones, but they are not representative of the overall size or potential antimony-gold endowment of the 10-plus kilometer long mineral system. There are no current resources on the Property, and the Company has not yet verified the historial resource estimates and is not relying on them. Interestingly, tungsten appears along with antimony, with historically reported grades from 0.03-0.32% and 1.57-11.00%, respectively in one of the historical Slovak resource estimate studies on the Rosabella adit.

Very limited surface work was undertaken by the Company's previous owners. Their work reported a parallel swarm of structurally-controlled antimony-gold interpreted veins striking parallel to the long axis of the property and seen at both the eastern and western ends of the property as well as points in between. A Lidar survey aided in locating a number of these veins on surface, where limited grab sampling obtained antimony values up to several percent and gold values up to several grams per tonne.

Much work remains to be done at Tienesgrund but its history and features documented to date point to its potential.

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Map showing the location of Military's properties in Slovakia

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The technical contents of this release were reviewed and approved by Avrom E. Howard, MSc, PGeo, geological consultant to Military Metals and a qualified person as defined by NI 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

For enquiries, please call 604-722-5381 or 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 future plans for exploration activities and potential future development activities related to the Tienesgrund project. 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 of antimony, the continued use of antimony and availability of alternatives, availability of capital and labour to conduct the exploration activities, the results of any future exploration activities, which cannot be guaranteed, and such other factors as may impact any future activities in respect of the properties held by the Company. 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/230696

FAQ

What is the size of Military Metals' (MILIF) Tienesgrund antimony project?

The Tienesgrund project spans 13.40 square kilometers (1,340 hectares) and stretches over 12.5 kilometers in length.

What are the historical grades reported at Military Metals' (MILIF) Tienesgrund project?

Historical grades reported at the Rosabella adit include tungsten grades of 0.03-0.32% and antimony grades of 1.57-11.00%.

When did Military Metals (MILIF) acquire the Tienesgrund project?

Military Metals closed the acquisition of Tienesgrund along with two other brownfield properties in Slovakia on November 15, 2024.

How many historical mining adits are present at Military Metals' (MILIF) Tienesgrund project?

The property contains over two-dozen historical adits and small underground operations, developed since the early 1800s.

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