Military Metals’ share price fell as much as 60% to C$0.16 after Slovakia’s Ministry of the Environment revoked its exploration licence for the Trojarova antimony-gold project near Bratislava, which the company says was cancelled “without appropriate justification”. Trojarova, interpreted as a continuation of the historic Pezinok mine, carries a Soviet-era resource of 415,000 tonnes grading 0.162% Sb and 1.148 g/t Au based on underground exploration. The licence had been within Slovakia’s designated exploration areas under the EU critical raw materials framework, raising questions over regulatory risk for antimony supply projects in the region.

Deep Sea Minerals (CSE: SEAS) has applied to uplist to the Nasdaq, which would make it the third seabed exploration company on the exchange alongside The Metals Company (Nasdaq: TMC) and Odyssey Marine Exploration (Nasdaq: OMEX), pushing its share price to a record C$1.79 and valuing it at just over C$80 million. The Vancouver-based firm currently has no active projects but is targeting polymetallic nodule concessions in the 4.5‑million‑sq‑km Clarion–Clipperton Zone (3,500–6,000 m water depth) and the Cook Islands EEZ, where nodules are estimated at 21 billion tonnes and 6.7 billion tonnes respectively. For mining strategists, the move signals another capital-markets vehicle positioning early for potential future access to large-scale subsea nickel, cobalt, copper and manganese resources pending regulatory pathways in the Pacific.

New drilling at Group Eleven Resources’ PG West project in Ireland has extended high-grade mineralisation at the Ballywire discovery, with hole 26-3552-57 cutting 62.5 m from 329 m depth grading 2.9% Zn, 2.7% Pb and 25 g/t Ag, including 11.8 m at 3.3% Zn, 10.1% Pb and 45 g/t Ag. Backed by C$12 million raised in March from investors including Glencore (13% stake) and Michael Gentile (14%), the company has expanded its PG West drilling campaign from 20,000 m to 67,000–75,000 m using four rigs. Mineralisation comprises sphalerite, galena and pyrite with local chalcopyrite and suspected tennantite-tetrahedrite, now traced along a ~1.5 km massive sulphide corridor.