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The latest update is out from X1 Esports and Entertainment Ltd. ( (TSE:MILI) ).
Military Metals Corp. has reported a maiden Inferred Mineral Resource estimate at its Trojárová Project in Western Slovakia, outlining 6.5 million tonnes grading 1.02% antimony and 1.06 grams per tonne gold, for 67,000 tonnes of antimony and 222,000 ounces of gold. The estimate, prepared by independent SLR Consulting under modern CIM standards, replaces an older resource and is based on 53 diamond drill holes and extensive underground sampling.
The company says the new resource confirms Trojárová as the largest antimony resource in the European Union defined under a modern regulatory standard and among the largest globally. This strengthens Military Metals’ strategic positioning as Europe intensifies efforts to secure critical mineral supplies, potentially enhancing the project’s importance to the EU’s drive for reliable, home-grown raw materials and supporting future development decisions at the site.
More about X1 Esports and Entertainment Ltd.
Military Metals Corp. is a Vancouver-based mineral exploration company focused on developing its wholly owned Trojárová Project in Western Slovakia. The company targets critical minerals, particularly antimony, alongside gold, aiming to position itself as a key supplier to European markets seeking secure, domestically sourced raw materials.
Average Trading Volume: 238,574
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$41.76M
See more data about MILI stock on TipRanks’ Stock Analysis page.