Global Tactical Metals Corp. Expands Portfolio to Nevada, Staking Past-Producing Green Antimony Mine

Global Tactical Metals Corp. Expands Portfolio to Nevada, Staking Past-Producing Green Antimony Mine

Global Tactical Metals Corp. (CSE: MONI) ("Global Tactical Metals Corp." or the "Company") is excited to announce the successful staking of the Green Mine, a historically significant antimony deposit located in the Wildhorse Mining District of the Humboldt Range, Pershing County, Nevada, U.S.A. This strategic staking aligns with our commitment to securing and developing critical mineral resources essential for modern industries.

Discovered during World War I, the Green Mine has a well-documented history of antimony production, with operations recorded during three distinct periods: 1936-1937, 1952-1954, and 1962-1967. Historical data confirms that the site produced 46 tons of antimony, with documented mineralization occurring along fault zones within altered gabbro, limestone and shale. Notably, historical sampling results from the Green Mine have demonstrated impressive grades, including:

  • Antimony (Sb): 1.20% to 32.95%
  • Lead (Pb): 0.6% to 3.9%
  • Silver (Ag): 0.70 oz/ton to 16.20 oz/ton
  • Gold (Au): 0.01 oz/ton to 0.07 oz/ton

Key minerals identified on the property include pyrite, arsenopyrite, jamesonite (Pb4FeSb6S14) and secondary bindheimite (Pb2Sb2O6(O,OH), and possibly boulangerite (Pb5Sb4S11) , further underscoring the site's mineral potential (Nevada Bureau of Mines and Geology online database; USGS Bulletin 2218).

High-grade antimony oxide ore has been identified in multiple locations across existing mine workings and surface outcrops, further validating historical reports of mineralization. To quantify the extent and grade of these occurrences, our team has collected a series of representative samples, which are currently being prepared for laboratory analysis. These assays will provide critical data on Sb content, associated metals, and ore characteristics, guiding our next phase of exploration and development.

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Figure 1: Antimony Oxide Showings

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Figure 2: Exploration Team On Site

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To build upon the mine's proven history, Global Tactical Metals has launched an extensive on-site verification program, incorporating geological mapping, geochemical sampling, and geophysical surveys. These initiatives will refine our understanding of the deposit and guide future exploration and development efforts.

In addition to laboratory testing, we will be conducting structural mapping and geochemical surveys to delineate the continuity of high-grade zones and assess their economic potential. These efforts will inform future drilling programs aimed at defining resource tonnage and optimizing potential extraction methods.

In line with our modern exploration approach, the company may deploy cutting-edge technologies, including drone-based LiDAR scanning and hyperspectral imaging, to identify potential extensions of known mineralization and optimize future drilling targets. Our objective is to unlock the full potential of the Green Mine and contribute to the secure, domestic supply of antimony-a critical mineral with applications in flame retardants, batteries, and military-grade alloys.

On behalf of the Board of Directors,
Global Tactical Metals Corp.

Kelly Abbott
CEO

Phone: +1 877-892-7633
Website: globaltacticalmetals.com

Qualified Person

The scientific and technical disclosure for Global Tactical Metals Corp. included in this news release has been reviewed and approved by Mark Smyk P.Geo. Mr. Smyk is a Technical Advisor to the Company and a Qualified Person under National Instrument 43-101 - Standards of Disclosure of Mineral Projects ("NI 43-101").

About Global Tactical Metals Corp.

Global Tactical Metals Corp. is focused on acquiring, exploring, and advancing mineral properties that address critical resource needs in North America. The company holds a 100% interest in the St. Anthony Property, a highly prospective mineral asset in Newfoundland, Canada, positioned in a region known for its rich mineral potential.

The company has also significantly expanded its exploration portfolio with a substantial land package staked in Darling Township, southeastern Ontario-approximately 300 km east-northeast of Toronto. This property, now exceeding 1,400 hectares, targets critical mineral exploration with a primary focus on antimony, a vital element for renewable energy, defense, and electronics industries.

In addition, Global Tactical Metals Corp. has extended its strategic footprint into the United States by staking the Green Mine, a past-producing antimony deposit in Nevada, further strengthening its commitment to securing critical mineral resources.

Forward Looking Statement

Certain information contained in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are not historical facts may be considered forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expect," "potential," "believe," "intend," or similar expressions. These statements relate to future events or future performance and include, but are not limited to, statements regarding: The exploration and development of the Company's mineral properties, including the St. Anthony Property, the Ontario claims, and the newly staked Green Mine; The potential value and economic viability of these mineral assets; The growing demand for antimony and its impact on the Company's strategic initiatives; and The Company's ability to execute exploration programs, conduct geological assessments, and advance its assets towards potential resource development.

Forward-looking information in this press release is based on various assumptions, including but not limited to: the Company's ability to successfully conduct exploration and development activities, access to funding and infrastructure, regulatory approvals, and favorable market conditions for critical minerals.

These statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences include, but are not limited to: Challenges in obtaining permits, regulatory approvals, or financing; Geological or technical difficulties in mineral exploration and extraction; Changes in market demand or commodity prices; and Unforeseen environmental or operational risks.

Readers are cautioned that the above list is not exhaustive. Forward-looking statements in this press release reflect the Company's expectations as of the date of this release and are subject to change. The Company undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Deep-Sea Crisis: Can the ISA Regain Control of the Deep Ocean?

The world’s oceans are increasingly becoming an important new frontier in the geopolitical and economic race for critical minerals, with countries fast-tracking plans for deep-sea mining.

Meanwhile, the global body tasked with regulating such activities is struggling to keep pace.

As sovereign states ramp up efforts to access seabed resources crucial for clean energy and defense technologies, the International Seabed Authority (ISA) finds itself sidelined — raising alarms among environmentalists and nations alike.

Stoking these tensions, US President Donald Trump signed an executive order earlier this month with the aim of expediting deep-sea mineral extraction in both national and international waters.

The directive, which calls for faster permitting and exploration, bypasses multilateral negotiations at the ISA and uses a 1980 domestic statute — the Deep Seabed Hard Mineral Resources Act — to justify the unilateral action.

The order “establishes the US as a global leader in seabed mineral exploration and development both within and beyond national jurisdiction," signaling Washington’s intent to secure independence from Chinese mineral supply chains.

But the move has drawn fierce criticism from multiple fronts.

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Opportunity or Overreach: Is Australia Making the Right Moves for Critical Minerals?

Australia is currently betting big on critical minerals.

Government support is growing, with the country positioning itself as a key player in the global energy transition; however, some are convinced that the nation is rushing into a crowded race.

The Albanese government recently vowed to establish a critical minerals strategic reserve upon re-election, pledging an initial investment of A$1.2 billion. In an April 24 announcement, the government outlines that the reserve would build on the Australian government's extensive investment in critical minerals through two new mechanisms.

Does an Australian critical minerals reserve make sense?

National offtake agreements are one of the planned mechanisms. These would allow the government to acquire agreed-upon volumes of critical minerals from commercial projects via voluntary agreements, or to establish an option to purchase at a given price, holding security over these assets as part of the strategic reserve.

The second mechanism outlined is selective stockpiling, wherein the government promises to establish Australian stockpiles of certain key critical minerals produced under offtake agreements as required.

Following the government's announcement, Tania Constable, CEO of the Minerals Council of Australia, published a piece on the move, questioning whether a critical minerals strategic reserve is the best approach.

In her view, the initiative is “certainly not without domestic risk,” and “may impact the commercial viability of operations through continued downward pressure on commodity prices.”

She recommends that Australia focus on fundamentals that will give it back an edge over other mining nations.

“That means lower energy prices, a windback of draconian industrial relations laws, and faster environmental approval times," Constable's statement reads.

Australia's current critical minerals strategy

Australia’s current Critical Minerals Strategy is focused on the period from 2023 to 2030, and is centred on developing strategically important projects, attracting and unlocking investment and promoting the country as a world leader in environmental, social and governance (ESG) performance.

It also includes a commitment to reviewing the country's critical minerals and strategic materials list every three years, updating it in response to global strategic, technological, economic and policy changes.

As of writing, 31 critical minerals were recognised in Australia, plus six strategic materials.

AU$4 billion in total commitments are covered under the strategy, including AU$2 billion from the Critical Minerals Facility via Export Finance Australia, and an extra AU$2 billion in 2024.

In an article in the Australian, Lynas Rare Earths (ASX:LYC,OTC Pink:LYSCF) CEO Amanda Lacaze criticises the government's critical minerals policy, arguing that it is “flawed and uneconomical.”

She notes that even a significant portion of the fund wouldn't match Lynas' annual production costs. Lynas is recognised as the largest separated rare earths producer outside of China.

In a separate article written by the Australia-China Relations Institute, James Laurenceson, director at the University of Technology Sydney, says that the current strategy may be too optimistic.

In his view, the real problem is that Australia’s strategic partners aren’t delivering on their end of the supply chain further downstream. His recommendation is to focus on upstream activities like mining and processing, where Australia has a clear comparative advantage.

Critical minerals deals and funding heat up in Australia

Since the announcement of the Critical Minerals Strategy, Australia's critical minerals industry has seen various developments in mergers and acquisitions, as well as government project funding.

Notable M&A activity includes mining giant Rio Tinto's (ASX:RIO,NYSE:RIO,LSE:RIO) acquisition of Arcadium Lithium, first announced as an all-cash transaction for US$6.7 billion in October 2024.

Another is the AU$560 million deal between Pilbara Minerals (ASX:PLS,OTC Pink:PILBF) and Latin Resources, made legally effective last January. The transaction gives Pilbara ownership of Latin’s Salinas lithium project in Brazil.

On top of these acquisitions are government funding to accelerate critical minerals projects.

Under the Critical Minerals Facility, Iluka Resources (ASX:ILU,OTC Pink:ILKAF) received AU$400 million from the Australian government in December, granted for the Enneaba rare earths refinery.

According to Iluka, the refinery will establish Western Australia as a strategic hub for the downstream processing of rare earths. It is expected to produce neodymium, praseodymium, dysprosium, terbium and more starting in 2027.

Alongside these moves, Australia is strengthening its rare earths strategy.

On February 12, Australia passed the Critical Minerals Production Tax Incentive, which will provide a refundable tax credit on 10 percent of eligible costs associated with the production of critical minerals and rare earths.

“The incentives are valued at AU$7 billion over the decade,” said Federal Resources Minister Madeleine King.

“The passing of this legislation is a historic moment for the resources industry and a big deal for resource states like Western Australia and Queensland,” she added. “By processing more of these minerals here in Australia we will create jobs and diversify global supply chains.”

Will history repeat itself?

The Australian Strategic Policy Institute (ASPI) states in an article that the critical minerals reserve would be an important step in securing Australia’s economic future, but warns that the nation must learn from “past mistakes.”

It points to the Pinjarra gallium refinery in Western Australia in its May 2 statement, saying that it represented one of the boldest critical minerals initiatives outside China in the late 1980s.

“Designed to produce 50 tonnes of gallium per year, it promised to place Australia at the heart of the global gallium and rare earths value chain, just as the modern world’s appetite for advanced materials was accelerating.”

However, in only a few years, Pinjarra encountered delays due to environmental permits; meanwhile, gallium prices crashed due to oversupply and China’s competitive spirit strengthened.

“Australia’s lack of midstream and downstream refining capacity added crushing costs and complexity,” ASPI explains in its commentary. “In short, Pinjarra had the ambition — but not the resilience — to withstand the inevitable shocks from operating in niche, high-risk commodity markets.”

The question ASPI poses now is: Can Australia guarantee that the same mistake will not be repeated?

According to the institute, Australia has the resources and strategic location.

“It must now summon the strategic patience and coordinated leadership needed to build true critical minerals sovereignty," ASPI concludes.

Don’t forget to follow us @INN_Resource for real-time news updates!

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

Map closeup of Ontario with a red pin marking Albany.

Ontario Tables Sweeping Bill to Restrict Foreign Access to Critical Minerals

Ontario has introduced legislation aimed at tightening control over the province’s mining and energy sectors by limiting foreign involvement, fast-tracking resource development and scaling back species-at-risk protections.

The Protect Ontario by Unleashing Our Economy Act, 2025, also known as Bill 5, was announced at the Toronto Stock Exchange on April 17 by Premier Doug Ford and Energy and Mines Minister Stephen Lecce.

According to the government, the new bill is designed to “safeguard Ontario’s critical minerals, secure the province’s energy infrastructure, and reduce regulatory bottlenecks that hamper development.”

“With President Trump taking direct aim at our economy, it cannot be business as usual,” Ford declared during the announcement, referring to recent US moves to prioritize domestic supply chains for critical resources.

The proposed law would grant the Ontario government sweeping new powers over the mining sector.

These would include the ability to suspend or revoke mining claims, deny transfers or leases and limit access to Ontario’s Mining Lands Administration System — particularly for entities linked to “hostile foreign regimes.”

It would also allow the government to restrict foreign participation in the province’s energy sector.

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Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

American Rare Earths Limited (ARR:AU) has announced Quarterly Activities/Appendix 5B Cash Flow Report

Download the PDF here.

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Western Australia to Fund 77 Mining Projects Through Exploration Grants

Western Australia’s Exploration Incentive Scheme (EIS) has announced another round of successful applicants.

In an April 23 statement, Mines and Petroleum Minister David Michael said 77 projects will benefit from total funding of AU$11.2 million. The projects are divided into three EIS programs: Round 31 of the Co-funded Drilling Program (CDP), Series 8 of the Energy Analysis Program (EAP) and Venture 2 of the Co-funded Geophysics Program (CGP).

A total of AU$7.8 million will be awarded as drill funding to 49 projects, while AU$3.2 million will be spread across 25 geophysics ventures. The remaining AU$200,000 will be divided between three projects under the EAP.

"The EIS plays a pivotal role in overcoming the financial barriers that often prevent early-stage projects from reaching their full potential, and we are committed to ensuring these opportunities prosper,” Michael said.

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Two Canadian flags with blurred lights in the background.

Canadian Election Candidates Unveil Plans to Fast Track Mining and Energy Projects

With Canada’s energy and critical minerals sectors at a crossroads, Conservative Party leader Pierre Poilievre has unveiled a sweeping plan to overhaul the country’s resource project approvals process, fast tracking 10 major projects and pledging over US$1 billion in funding to open up Ontario’s mineral-rich Ring of Fire region.

At a Monday (April 7) press conference held in Terrace, BC, Poilievre introduced his “One-and-Done” policy — a streamlined permitting system aimed at eliminating regulatory bottlenecks and cutting multi-year wait times, which he blames for stalling development and weakening Canada’s global economic position.

Under the proposal, a new Rapid Resource Project Office would act as a centralized hub to manage all regulatory approvals across the federal and provincial levels. Each project would be subject to a single application and environmental review, with decisions promised within a year and a target of six months.

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