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Friday, Jan 9, 2026
Mugglehead Investment Magazine
Alternative investment news based in Vancouver, B.C.
Military Metals hits high-grade antimony at Slovakia's Trojarova project
Military Metals hits high-grade antimony at Slovakia's Trojarova project
Chief executive Scott Eldridge in the assay shack. Photo credit: Scott Eldridge, Military Metals

Mining

Military Metals hits high-grade antimony at Slovakia’s Trojarova project

Antimony is currently worth about US$42,500 per tonne — a significant decline from its historic peak in July

Military Metals Corp (CNSX: MILI) (OTCMKTS: MILIF) (FRA: QN90) has unveiled impressive drill results from its flagship Trojarova antimony-gold project in Slovakia, marking a significant step in validating historical data to produce a modern mineral resource estimate.

Most notably, one of the holes intercepted 23.2 metres grading at 2.22 per cent antimony (Sb), over a true width of 20.1 metres. This core included a high-grade interval of 7.9 metres at 4.9 per cent Sb. Additionally, this same interval yielded 1.27 grams per tonne gold (Au), with 6.2 metres yielding 3.17 g/t Au. Individual samples peaked at 12.8 per cent Sb and 10.45 g/t Au.

“Massive” and “Amazing 🙌” were comments made about the new assays on social media.

Grades like these are generally considered to be highly encouraging for project development within the industry. The 4.9 per cent Sb intercept exceeds common averages, representing substantial value in a market where antimony is prized for its role in flame retardants, batteries and military tech applications. Coupled with gold, these assay results enhance project economics, potentially lowering cutoff grades and boosting resource potential.

In the EU context, under the Critical Raw Materials Act, such domestic high-grade finds could help address supply vulnerabilities, offering strategic value beyond mere tonnage, estimated historically at 2.46 million tonnes averaging 2.47 per cent Sb and 0.635 g/t Au.

This news aligns seamlessly with Military Metals’ recent momentum. The following day after the drill results were released, the company bought back a 1 per cent royalty on its Slovakian portfolio, reducing future costs and signalling confidence in Trojarova’s development.

In December last year, Military Metals closed a fully subscribed C$3 million financing, providing capital for ongoing exploration work. Earlier in 2025, the prospector advanced its West Gore project in Nova Scotia, identifying new antimony targets and kicking off fieldwork.

Read more: NevGold’s latest discovery represents near-term antimony production potential

Military Metals pushes forward in Nevada and Canada

Shifting to the west, Military Metals is ramping up activities in Nevada, a hotspot for antimony amid U.S. efforts to secure domestic supplies. At its Last Chance Sb-Au Property, acquired in late 2024, the company completed a field program in September. The junior identified promising drill targets through soil sampling and mapping.

Located near Kinross’s Round Mountain gold mine, Last Chance boasts historical production from the first and second world wars, with potential for modern revival using advanced techniques. This complements Nevada’s growing antimony scene, where fellow prospectors like NevGold Corp (CVE: NAU) (OTCMKTS: NAUFF) (FRA: 5E50) are advancing high-grade discoveries at Limo Butte and other operations. NevGold recently identified millions of tonnes of previously mined material with near-term production potential.

Moreover, junior operator EV Resources Ltd (FRA: R1EA) (ASX: EVR) is developing the Dollar project, another state antimony development site of significance. Dollar is situated nine kilometres from Last Chance.

Abroad, beyond Slovakia and Nevada, Military Metals’ Nova Scotia efforts tap into similar veins, positioning the firm as a global player in antimony exploration. In 2026, the global antimony industry remains tight, with supply expected to meet stable demand thanks to growth in Southeast Asia. However, prices remain elevated due to geopolitical tensions and China’s production dominance. Vulnerabilities persist as nations stockpile for security.

Read more: NevGold expands Limo Butte footprint by staking 90 promising antimony-gold claims

NevGold is a sponsor of Mugglehead news coverage 

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