Jan. 8 at 8:48 AM
$MILIF $MP $CRML $PPTA $UAMY
These drilling results from the first hole (25-TVA-001) in Military Metals' confirmation program at the Trojarová antimony-gold project in Slovakia are very strong and highly positive for the company.
Key Highlights
A thick intercept of 23.2 meters drilled length (true width ~20.1m) grading 2.22% antimony (Sb) and 1.27 g/t gold (Au).
Higher-grade sub-intervals: 7.9m at 4.9% Sb (true width ~6.8m) and 6.2m at 3.17 g/t Au (true width ~5.4m).
Peak individual sample: 12.8% Sb (visible massive stibnite, the primary antimony mineral).
Comparison to Historical Data
These results closely match or slightly exceed the historical resource estimate from 1992 (2.46 million tonnes at 2.47% Sb and 0.635 g/t Au, containing ~60,000 tonnes of antimony). This validation of Soviet-era drilling with modern assays is a major de-risking step, building confidence for the upcoming modern NI 43-101 compliant Mineral Resource Estimate (expected this quarter from SLR Consulting).
Grade Quality
Antimony grades here (average 2.22%, up to 12.8%) are excellent. Typical economic antimony deposits often range from 1-5% Sb, with world-class ones like China's Xikuangshan historically around 4%. Many vein-style deposits are mined at 2-3% or lower if by-product credits (like gold here) help. The co-occurring gold adds significant value as a bonus credit.
Strategic Context
Antimony is a critical mineral (flame retardants, batteries, defense applications), with prices skyrocketing in recent years due to Chinese export restrictions and supply shortages—reports indicate spot prices reaching
$50,000+ USD per tonne in late 2025/early 2026, far above historical norms of
$10-20k/t.
Trojarová is notably the only advanced antimony project in the European Union with extensive historical work (63 old drillholes + underground development) now being modernized. Europe has almost no primary antimony production and relies heavily on imports, making this strategically vital under the EU's Critical Raw Materials Act.
Visual Confirmation
The press release includes a photo of massive stibnite from the high-grade interval, confirming the visual richness of the mineralization. The drillhole map shows this hole aligning well with historical intercepts in the north-central zone.
In summary, these are excellent confirmation results that validate high-grade continuity, support resource upgrading/expansion, and highlight Trojarová's potential as a key Western/EU antimony source amid tight global supply. For a junior explorer like Military Metals, this is the kind of news that can drive significant re-rating. More assays from the remaining holes are eagerly awaited.
