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Armory Mining Planning Exploration Activity at the Kaslo Silver Project

Vancouver, British Columbia – TheNewswire - May 7, 2025 – Armory Mining Corp. (CSE: ARMY) (OTC: RMRYF) (FRA: 2JS) (the "Company" or "Armory") a resource explora

articleArmory Mining Corp.May 7, 20254/company/armory-mining-corp/news/armory-mining-planning-exploration-activity-at-the-kaslo-silver-project
Armory Mining Planning Exploration Activity at the Kaslo Silver Project

About this update from Armory Mining Corp.

[{"type":"text","content":"Vancouver, British Columbia – TheNewswire - May 7, 2025 – Armory Mining Corp. (CSE: ARMY) (OTC: RMRYF) (FRA: 2JS) (the \"Company\" or \"Armory\") a resource exploration company focused on the discovery and development of minerals critical to the energy, security and defense sectors, is pleased to announce it is pursuing exploration plans at its Kaslo Silver Project, located in the historic Slocan Mining District, British Columbia, Canada. Nestled in the heart of British Columbia's historic Slocan Mining Division, the 3,239-ha Kaslo Silver project combines historical high-grade production with modern exploration potential in one of Canada's most prolific silver districts. The Company is currently planning active exploration programs that includes target refinement and phased drill campaigns. Armory Mining is positioned to address the gaps and uncertainty left by China’s recent closure of exports for more key minerals. As global supply chains face unprecedented uncertainty, Armoury Mining is accelerating exploration and development at the Kaslo Silver Project. This work demonstrates that Canada, together with the private sector, is acting to secure its economic future, national security, and sovereignty. China’s export controls on critical minerals such as antimony, germanium, and gallium have impacted global markets, curbing shipments by up to 57% and exposing vulnerabilities in the supply chains that underpin clean energy, advanced manufacturing, and defense sectors*. These developments underscore the urgent need for Canada to rapidly deploy new policies and incentives that support domestic mineral exploration and production. “Our Kaslo Silver Project is a clear example of how Canadian resource development can directly address global supply challenges,” said Alex Klenman, CEO of Armoury Mining. “We are advancing exploration to help fill the gap left by China’s export restrictions, while creating security and economic opportunity here at home.” Armory Mining has shared with federal and provincial stakeholders how more can be done to streamline permitting, accelerate project development, and expand incentives for critical mineral exploration. As highlighted at the recent PDAC 2025 convention, Canada’s Critical Minerals Strategy and new funding commitments are steps in the right direction; they will help support projects which can ...

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