Armory Mining Corp. (CSE:ARMY) Provides Exploration Update Through Q2 2026

Vancouver, B.C. — January 19, 2026 — Leads & Copy — Armory Mining Corp. (CSE: ARMY) (OTC: RMRYF) (FRA: 2JS) is updating its exploration activity schedule through Q2 2026.

The resource exploration company is focused on discovering and developing minerals critical to the energy, security, and defense sectors.

In December 2025, the Company announced it engaged Castello Q Exploration Corp to conduct an initial phase one work program at its 100% owned Ammo Antimony-Gold project in Nova Scotia, Canada.

The Ammo project is a 3,092-hectare exploration package surrounding the historical West Gore antimony-gold mine, which was a significant producer during World War I, shipping production to England.

Records document nearly 32,000 metric tons of production between 1914-1917, yielding over 7,000 metric tons of antimony concentrate grading 46%. Total gold recovered up to 1917 was 6,861 ounces. Limited work was conducted in the 1950s, 1960s, and 1980s by several companies along with the Nova Scotia government.

The initial work program is expected to consist of data compilation, prospecting and reconnaissance, to identify favorable geology, followed by detailed surface sampling and geophysics to determine priority drill targets. The Company plans to budget up to $656,000 CDN for the initial phase of exploration.

Preliminary work is underway regarding data collection and analysis. The Company will provide an update on the proposed work programs over the next few weeks.

The Company also issued an update in early December 2025, regarding its Candela II lithium brine project in the Incahuasi Salar, Salta Province, Argentina.

The Company is moving forward on a scoping study to enhance the development of the Candela II project. The study will evaluate the technical viability and economic potential of the deposit. Exploration drilling has advanced the project, which has an inferred resource of 457,000 tonnes of lithium carbonate in-situ.

The current lithium carbonate price is up 30% since the start of the year to a new two-year high, bringing the project’s significance into focus for Armory.

The project is located within the ‘Lithium Triangle’ in South America. Ganfeng Lithium has the adjacent concession to Candela II, and Rio Tinto and Power Minerals (PNN) are also located nearby.

Phillip Thomas, BSc Geol MBM, FAusIMM (CPVal), MAIG, a Qualified Person under National Instrument 43-101, previously reviewed and approved the technical information in this news release regarding Candela II.

Harrison Cookenboo, Ph.D., P. Geo., an independent Qualified Person, has reviewed and approved the technical contents of this release.

Alex Klenman
CEO & Director
alex@armorymining.com

Source: Armory Mining Corp

×

Welcome!

Biotech Reporter is the source most up-to-date real-time, direct-from-source News Tips and Story Leads.

By Subscribing you will receive Daily Biotech Update each day at 9:30 am ET (Market Open) in your inbox and you can unsubscribe any time.