Military Metals Corp. / CA9837872014

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Vancouver, BC – July 22 202 5 – Military Metals Corp. ( CSE: MILI – OTCQB: MILIF – WKN: A40M9H ) (the “ Company ” ) announces assay results for five samples containing antimony (stibnite) and gold-bearing mineralized material collected from a historic mine dump at the Company’s 100% owned, past-producing West Gore Antimony-Gold Project ( “West Gore” or (the " Project" ) in the Province of Nova Scotia, Canada. These samples were collected as part of efforts to characterize the historic deposit in order to optimize initial exploration methods. These high-grade results confirm the documented grades of material mined between 1914 and 1917 when West Gore was one of Canada's major antimony producers during the First World War, supporting the Allied war effort. These results complement the announcement on July 8, 2025 that the Company has identified new drill targets that extend well beyond the area of previous mine production. Plans to commence a drill program are currently being finalized.
Highlights of the historical inventory samples:
The highest grade sample returned 40.6 percent (%) antimony and 106.5 grams per tonne (gpt) in sample 247228 (antimony samples ranged from 2.12% to 40.6%, gold samples ranged from 11.75 gpt to 106.5 gpt). Additional high-grade antimine results included 23.5% and 18.1% in samples 247230 and 247232. Additional high-grade gold results included 27.4 gpt and 25.8 gpt in samples 247232 and 247230. Average antimine results across all five samples were 17.94%. Average gold grades across all five samples were 34.68 gpt. Three previously unidentified high priority drill targets will be drill tested as part of an upcoming work program.Scott Eldridge, CEO of Military Metals, stated: "Recent samples grading up to 40.6% antimony found in massive stibnite, the mineral that contains antimony, in our project area have returned some spectacular results and validated our exploration plan to commence drilling. With further exploration, we can further unlock the potential of our property and play a strategic role in the supply chain for critical minerals at a time when demand for secure, domestic sources of antimony is increasing. Today's results also demonstrate gold content, which could be an important by-product or co-product as we prepare for drilling. We are extremely encouraged by the high antimony and gold values returned by these five samples from the past mine at our Nova Scotia project. We look forward to advancing this discovery through further exploration and unlocking its full value for our shareholders." The Nova Scotia government, led by Environment Minister Tim Halman, has announced updates to the permitting process for metals mining projects aimed at accelerating timelines. In summary, the new regulations aim to streamline mining permitting and promote the progress of the industry.
Summary of results:
According to historical records, 32,000 tonnes were mined at West Gore, yielding 7,000 tonnes of concentrate grading 46% antimony, equivalent to 3,220 tonnes of antimony metal and 6,861 ounces of gold. (Source: NI 43-101 Technical Report for the West Gore Sb-Au Project, May 25, 2021, prepared by MS King, PGeo & MC Corey, PGeo, May 25, 2021, for Battery Elements Corp.) This corresponds to a historical grade of 10.06% antimony and 0.21 ounces per tonne (6.5 gpt) gold. Historical mining was small-scale and selective, with hand sorting almost certainly conducted on surface prior to processing. Commercial production ceased in 1917.
Table 1 below shows the assay results for antimony and gold from the five samples. Antimony grades range from a minimum of 2.12% to a maximum of 40.6%, with an average of 17.94%; gold grades range from a minimum of 11.75 g/t to a maximum of 106.5 g/t, with an average of 34.68 g/t (unlimited). These grades confirm the accuracy of the historical documentation of mined grades. Of mineralogical interest is the fact that two of the samples, 247230 and 247231, contained 2.01% and 2.81% lead, respectively.
Table 1: Example results
Note: Grab sampling is inherently selective, and samples visually assessed as high-grade were deliberately selected for characterization in this study. The results presented in this news release should not be considered as representative of the historically developed West Gore deposit or the dump from which they were selected. The historical nature of this dump is unknown.
Figure 1: Sample 247228 with massive stibnite
Quality assurance and quality control:
The samples were analyzed at ALS Canada's laboratories in Vancouver. The samples were crushed, split, ground, and split, and a 35-gram portion was subjected to a four-acid digestion method followed by inductively coupled plasma ("ICP")-mass spectrometry ("MS") analysis. Samples exceeding the limits for gold and antimony (all five) were analyzed by fire assay and ICP-atomic emission spectrometry ("AES"), respectively. The laboratory followed internal quality assurance and quality control protocols, including blanks, standards, and duplicates, to ensure analytical accuracy.
Mining history and geology of the region:
Gold was first discovered in Nova Scotia in 1860, sparking a gold rush in many parts of the province in the following years. Gold mining in the Rawdon Hills began in 1884 and continued at several mines until 1932. The gold deposits of the Meguma Terrane in Nova Scotia typically occur as relatively shallow-dipping, bedding-parallel "saddle reef" vein systems controlled by regional fold structures. The gold showings in the Rawdon area, located along the eastern edge of West Gore, are characterized by the presence of steeply east-dipping gold-bearing veins that strike north-northwest across the bedding. According to the Nova Scotia Government's Mineral Occurrence Database, historical production from the mines in the Rawdon Hills area totaled 13,494 ounces. Antimony is a common accessory element in many gold mines worldwide and occasionally occurs in higher concentrations.
The technical content of this news release has been reviewed and approved by David Murray, PGeo, President and Principal Consultant of Resourceful Geoscience Solutions Inc. of Halifax, Nova Scotia, a consultant to the Company and a Qualified Person as defined by National Instrument 43-101. Mr. Murray has independently verified that the historical information presented herein regarding the West Gore deposit is consistent with available historical records.
For more information about Military Metals Corp. and its critical minerals initiatives, please visit: https://www.militarymetalscorp.com .
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About Military Metals Corp.
The Company is a British Columbia-based mineral exploration company primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony.
On behalf of the company
Scott Eldridge, CEO and Director
info @militarymetalscorp.com
For further information please contact us at:
+1 604-537-7556
www.militarymetalscorp.com
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Legal Notice
This news release contains "forward-looking information." Forward-looking statements can often, but not always, be identified by terminology such as "plans," "expects," "is expected," "budget," "scheduled," "estimates," "forecasts," "intends," "anticipates," "believes," or variations (including negative variations) of such words and phrases or by statements 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 regarding the Company's exploration of the Project, including exploration activities at West Gore, such as the planned future drilling program, and the potential for further activities beyond the exploration phase, or the Company's ability to become part of the supply chain for antimony or gold. 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 contained in this news release. Additional risk factors can be found in the Company's public filings under the Company's SEDAR+ profile at www.sedarplus.ca . The 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 any forward-looking statements if circumstances, management's estimates or opinions change, except as required by securities laws. 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 press release.
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