Military Metals Corp

What Military Metals Corp does

Military Metals Corp is a Vancouver, Canada-based junior mineral exploration company focused primarily on antimony, with secondary exposure to gold, tin, and copper. Originally incorporated as X1 Entertainment Group Inc., the company completed a change of business to mineral exploration and adopted its current name on August 20, 2024. It is publicly traded on the Canadian Securities Exchange (MILI), the OTCQB Venture Market (MILIF), and the Frankfurt Stock Exchange (QN90), with approximately 18.2 million shares outstanding at listing.

The company holds a portfolio of six exploration-stage properties across three jurisdictions: three brownfield projects in Slovakia (the flagship Trojarova Antimony-Gold Project, plus Tiennesgrund and Medvedi Potok), the past-producing West Gore project in Nova Scotia and the Manson Bay gold-copper project in Saskatchewan in Canada, and the past-producing Last Chance project in Nevada. The flagship Trojarova project hosts an NI 43-101 compliant maiden inferred mineral resource estimate of 6.5 Mt at 1.02% Sb and 1.06 g/t Au — the largest antimony resource in the EU under modern regulatory standards. The company is pre-revenue, financed entirely through equity raises and private placements totaling approximately CAD 8.5M, and positions antimony as a defense-critical mineral for ammunition, night vision, explosives, flares, nuclear applications, and clean energy uses under the EU Critical Raw Materials Act and U.S. Defense Production Act frameworks.

The business model is conventional junior mineral exploration: deploy capital into drilling campaigns, resource estimation, and metallurgical work to advance assets toward a Preliminary Economic Assessment and eventual offtake or production. The company employs 1-10 people and relies on third-party consulting (SLR Consulting) for technical work and investor-relations firms (Clarkham Capital, National Inflation Association) for capital-markets outreach. On May 28, 2026, the Slovak Ministry of Environment cancelled the Trojarova exploration license; the company filed an appeal on June 12, 2026, creating material uncertainty around the flagship asset that accounts for the bulk of the company's EU resource value.

Name

Military Metals Corp

Legal name

Military Metals Corp

Website

https://militarymetalscorp.com

Company type

Public

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Military Metals Corp is a Vancouver-based junior mineral exploration company focused on antimony and gold, with six exploration projects across Slovakia, Canada, and the USA, positioned to supply defense-critical minerals and reduce Western dependence on Chinese antimony supply.

Ownership category

akta.pro rank

Product category

Critical Minerals Mining

NAICS

Other Metal Ore Mining (212290)

SIC

Metal Mining (1000), Gold And Silver Ores (1040)

akta.pro primary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

Keywords

• Antimony exploration
• Critical mineral mining
• Mineral resource estimation
• Defense metals supply
• Gold copper exploration

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Mineral Exploration and Development: Pre-revenue exploration stage company focused on discovering and developing antimony deposits. Currently conducting exploration drilling and resource estimation at Trojarová project in Slovakia. No revenue from mining operations yet; financed through equity raises and private placements.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Military Metals Corp is a mineral exploration company that acquires, explores, and develops advanced-stage properties focused primarily on antimony, along with gold, copper, and tin. The company holds six exploration projects across Slovakia (Trojarova, Tiennesgrund, Medvedi Potok), Canada (West Gore in Nova Scotia, Manson Bay in Saskatchewan), and the USA (Last Chance in Nevada), targeting defense, clean energy, and nuclear applications as a Western alternative to Chinese mineral supply chains.

Product overview

Military Metals Corp is a mineral exploration company focused on critical metals, particularly antimony, with a diversified portfolio of exploration properties across three jurisdictions. The company operates a portfolio of six advanced exploration projects: three in Europe (Slovakia) including the flagship Trojarova Antimony-Gold Project, plus Tiennesgrund and Medvedi Potok; two in North America including the West Gore Antimony-Gold Project in Nova Scotia, Canada and the Last Chance Antimony-Gold Project in Nevada, USA; and the Manson Bay Gold-Copper Project in Saskatchewan, Canada. The company specializes in antimony exploration for defense and clean energy applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Trojarova Antimony-Gold Project Flagship antimony-gold exploration project located in western Slovakia, EU, containing a maiden inferred mineral resource estimate of 6.5 Mt grading 1.02% antimony and 1.06 g/t gold (67,000 tonnes of antimony and 222,000 ounces of gold); positioned as the largest antimony resource in the European Union.
• Tiennesgrund Antimony-Gold Project Antimony-gold exploration property in eastern Slovakia spanning 13.4 square kilometers across 12.5 kilometers, featuring a fault-hosted vein system with multiple historical adits and over two dozen underground workings along its 10-kilometer length, with reported tungsten presence.
• Medvedi Potok Tin Project Tin exploration project in Slovakia featuring a classic tin vein system within a greisened intrusive, with historical underground workings and non-compliant historical tin resources.
• West Gore Antimony-Gold Project Brownfield past-producing antimony-gold project in Nova Scotia, Canada covering 973 hectares; historical high-grade drill results include 7.07 meters of 10.6 g/t gold and 3.4% antimony; was Canada's most prominent antimony mine during past production from 1882 to 1939.
• Last Chance Antimony-Gold Project Past-producing antimony-gold property in Nye County, Nevada, USA, located 12 km west of Kinross' Round Mountain gold mine; discovered in 1880 with intermittent production between 1917-1965 totaling 6,139 tons at an average grade of 29% antimony.
• Manson Bay Gold-Copper Project Gold and copper exploration project in Saskatchewan, Canada spanning 4,293 hectares, located 40 kilometers northwest of Flin Flon's historic mining district and 4 kilometers southwest of the Schotts Lake Copper-Zinc Deposit.

Quantifiable outcome

• 6.5 million tonnes at 1.02% Sb and 1.06 g/t Au containing 67,000 tonnes of antimony and 222,000 ounces of gold
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• University of Košice, SlovakiacoreStrategic or Co-development Partner · 10 November 2025Cooperation Agreement signed November 10, 2025 for collaboration on Trojarova Antimony Project, focusing on metallurgical research and EU-funded grants. The project is recognized as strategically important by the Slovak Ministry of Environment for securing supply of a critical metal.
• SLR Consulting (Canada) Ltd.coreImplementation/ SI/ Consulting PartnerIndependent consulting firm engaged to prepare NI 43-101 compliant mineral resource estimate for Trojarová Project. Completed maiden inferred resource of 6.5 Mt at 1.02% Sb and 1.06 g/t Au. Prepared by Luke Evans, M.Sc., P.Eng. and Amanda Kuhelj, P.Geo. following CIM 2014 standards.
• David Murray, P.Geo.coreOthersAppointment as Vice President of Exploration announced November 4, 2025. David Murray brings exploration expertise to support resource confirmation drilling campaign at Trojarová Project.
• Clarkham CapitalminorGTM or Marketing PartnerInvestor relations engagement for German stock market and German-speaking investment community in support of Frankfurt Stock Exchange listing. Two-month engagement for EUR 200,000 (CAD$298,340). Includes marketing services, social media management, content creation, and press release distribution.
• National Inflation Association (NIA)minorGTM or Marketing PartnerThree-month media services contract for distribution on BNN Bloomberg and Benzinga investor platforms. One-time payment of $30,000 USD for marketing services including social media, content creation, and digital marketing.
• Robert SinnminorGTM or Marketing PartnerOne-time media services arrangement for video content creation and distribution on BNN Bloomberg. Payment of $2,500 USD for video interview distribution.
• Amador Mining LLCminorOthersSeller of Last Chance antimony-gold property in Nevada. Company acquired 5 unpatented mineral claims for $45,000 USD plus 2% NSR. Property located 12 km west of Kinross' Round Mountain gold mine.
• Molten Metals Corp.minorOthersSeller of West Gore Antimony Project in Nova Scotia, Canada. Acquisition completed for $85,000 CAD. Project was Canada's most prominent antimony mine historically, covering 585 hectares.
• SKRR Exploration Inc.minorOthersOriginal owner of Manson Bay Project in Saskatchewan, Canada. Acquired through definitive asset purchase agreement for 1,000,000 common shares. Project spans 4,293 hectares focused on gold and copper.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Southern Cross Gold Consolidated Ltd: Southern Cross Gold is exploring the Sunday Creek antimony-gold discovery in Victoria, Australia. Director Mark Saxon of Military Metals was previously a QP on Southern Cross Gold's NI 43-101 reports, and the geological style (vein-hosted Au-Sb) is highly comparable to Trojarova and West Gore.
• Perpetua Resources Corp: Perpetua Resources is developing the Stibnite Gold-Antimony Project in Idaho, the most advanced US-based antimony-gold project. It is a direct competitor for Western antimony supply and pursues the same defense/end-user customer segment that Military Metals targets.
• Mandalay Resources Corporation: Mandalay operates the Costerfield gold-antimony mine in Victoria, Australia, one of the few producing gold-antimony operations globally. It serves as a direct model for Military Metals' target business model of producing both antimony and gold from the same orebody.
• United States Antimony Corporation: USAC is a publicly listed antimony producer with operations in the US and Mexico, directly comparable to Military Metals' antimony-only focus. It represents the closest producing analog and primary North American competitor in the antimony space.

Emerging players

• Elementos Limited: Elementos is developing the Oropesa tin project in Spain with associated antimony credits, a direct European analog to Military Metals' Slovakian tin-antimony portfolio (Medvedi Potok and Tiennesgrund).
• Cornish Metals Inc. Cornish Metals is advancing the South Crofty tin-copper project in the UK with byproduct credits. It is comparable to Military Metals' tin-focused Medvedi Potok project and operates in a similar EU-adjacent jurisdiction with similar critical-minerals policy support.
• Trifecta Gold Ltd: Trifecta Gold is an early-stage antimony-gold explorer with projects in the Yukon, Canada. It targets the same critical-minerals narrative and competes for similar junior-explorer capital in the North American antimony-gold space.
• Scottie Resources Corp: Scottie Resources is a BC-focused gold-silver explorer with disclosed antimony credits in its deposits. Comparable in scale and stage to Military Metals' smaller North American exploration assets (Manson Bay, Last Chance) and competes for similar junior-mining capital.
• VR Resources Ltd: VR Resources is a Canadian junior explorer focused on critical minerals including antimony and rare earth elements. It is a comparable early-stage peer pursuing the same Western critical-minerals thematic with similar market capitalization and exploration-stage profile.

Broad incumbents

• Glencore plc: Glencore is one of the largest historical antimony producers globally and a diversified mining major. Military Metals' Chairman Thomas Hüser is a former MD of Glencore's German entities, and Glencore represents both a strategic competitor and potential acquirer/partner for advanced projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/MilitaryMetals
• Facebookfacebook.com/61564717587797
• LinkedInlinkedin.com/company/military-metals

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Military Metals Corp