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Armory Mining ( (TSE:ARMY) ) has shared an announcement.
Armory Mining Corp. has engaged Castello Q Exploration Corp. to conduct a phase-one work program at its fully owned Ammo antimony-gold project in Nova Scotia, a 3,092-hectare land package that surrounds the historic West Gore antimony-gold mine. The initial program, for which Armory plans to allocate up to C$656,000, will focus on data compilation, prospecting, reconnaissance, detailed surface sampling and geophysics to define priority drill targets, marking a significant step in advancing the Ammo project and potentially strengthening the company’s position in critical minerals supply for energy, security and defense applications.
More about Armory Mining
Armory Mining Corp. is a Canadian resource exploration company focused on discovering and developing minerals critical to the energy, security and defense sectors. The company holds an 80% interest in the Candela II lithium brine project in Argentina’s Incahuasi Salar, as well as 100% interests in the Ammo and Riley Creek antimony-gold projects in Nova Scotia and British Columbia, respectively.
Average Trading Volume: 689,555
Technical Sentiment Signal: Sell
Current Market Cap: C$3.5M
See more insights into ARMY stock on TipRanks’ Stock Analysis page.