Military Metals (CSE:MILI) CEO Scott Eldridge says the company has renewed the meaning of the Tiennesgrund Antimony-Gold Project, for Europe’s strategic resource independence, upon completing a preliminary field and historical data review.
“Antimony is listed as a critical raw material under the European Union’s Critical Raw Materials Act, and our project has potential to support the continent’s ambition to secure domestic supply chains for essential minerals,” Eldridge says.
“We’re proud of the possibility that we may contribute to Europe’s resilience in the face of global resource volatility and will seek to help power the technologies that drive the green and defence sectors.”
Military Metals visited the project, located in Slovakia, in anticipation of a field campaign focused on structural controls of mineralisation so that drill targets can be accurately delineated. The upcoming program is expected to begin in October 2025.
Numerous historical adits were visited where mineralisation material that was historically mined at these sites may still be seen in the dumps remaining outside.
Military Metals has also reviewed historical sampling results and reports from previous owners.
Antimony sample grades ranged from 2.5% to 39.4%, while gold sample grades ranged from 0.07 grams per tonne gold to 9.6g/t gold.
The Tiennesgrund Project is 13km-long and 0.8 to 1.4km wide located in eastern Slovakia.
Military Metals aims to locate antimony and gold anomalies which will be trenched, sampled, and mapped.
Further, the company intends to locate where the combination of these efforts yield positive results indicative of a potential “significant” concentration of antimony and gold, which will be drill tested.
Military Metals is a British Columbia-based mineral explorer focused primarily on acquiring, exploring, and developing mineral projects with a focus on antimony.
Due to its essential role in high-growth sectors, batteries, and renewable energy, antimony is a critical raw material for the EU. It is used in flame retardants, lead-acid batteries, and emerging technologies such as solar panels and liquid metal batteries.
Since July 2025, the antimony market has temporarily bid farewell to sharp fluctuations, as reported by the Shanghai Metals Market (SMM).
The price range of SMM no.1 antimony ingot remains stable ranging between ¥185,000 to 188,000 ($39,456 to $40,092) per metric ton.
Write to Aaliyah Rogan at Mining.com.au
Images: Military Metals
