Tomahawk Metals (AQSE:TMHK) completed a detailed desk-based research programme covering its Slovak exploration portfolio, including collation of historical data and 3-D modelling of the licence areas.
The company has now transferred its three main licences, Poproč, Lom and Strieborná, into Tomahawk Metals Slovakia, a special purpose vehicle it owns. Two further licences, Zálomy and Zlatá Baňa, remain under application; Zálomy is a geological extension of the Lom ground.
The assets sit in Slovakia's historic Gemer and Low Tatra mining districts, where vein systems have previously produced high-grade antimony and gold, including Poproč's Agneška-Ferdinand system and the Lom antimony-gold veins that fed a 1988 state resource estimate of 530,000 tonnes at 0.98% antimony and 1.5 g/t gold.
Historical data confirmed high grades across all licences, and recent verification sampling at Poproč returned up to 17.2% antimony from ALS Romania analysis and 59.7% antimony with 2.7 g/t gold from historic surface sampling.
At Strieborná, underground sampling from a medieval adit returned up to 2.86% antimony, 0.62 g/t gold, 455 g/t silver and 4.44% copper.
Exploration targets have been identified across the portfolio, with plans being finalised for review as part of an SRK Competent Persons Report, for which a site visit is taking place this week.
News Intelligence what this means for the company
Tomahawk Metals has completed desk-based research on its Slovak antimony and gold portfolio and transferred three core licences (Poproč, Lom, Strieborná) into a local subsidiary, with two further licences still under application. The company is now moving toward an SRK Competent Persons Report, with a site visit scheduled this week—a step that formalizes the transition from historical data review to structured exploration planning. This follows the advisory engagement entered in July 2026 to conduct the desk-based review and geological modelling that has now concluded.
The transfer of licences into a Slovak subsidiary and completion of desk-based validation of historical grades (up to 17.2% antimony at Poproč, 455 g/t silver at Strieborná) de-risks the portfolio's geological merit and clears a procedural step toward field work, but the company remains in early-stage exploration with no mineral resource estimate and no timeline disclosed for drilling or resource definition.
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