Antimony Resources boosts Bald Hill’s potential

Antimony Resources (CSE: ATMY; US-OTCQB: ATMYF) said new drilling has expanded antimony stibnite mineralization at the company’s Bald Hill project in New Brunswick.

Drilling has outlined an antimony deposit over 700 metres long and to a depth of at least 350 metres, the company said Friday in a statement. Widths of mineralization average 3 to 4 metres and grades average 3% to 4% antimony. The field crew has exposed further mineralization in bedrock in the project’s Marcus West zone through continued trenching, and sampling is ongoing to further trace the mineralization along strike.

The new discoveries made on the Bald Hill property are part of a 2026 exploration program that will be carried out in conjunction with a 10,000-metre definition drilling on the project’s main zone. The drilling program will include soil sampling as well as prospecting and sampling. An airborne survey is being investigated, Vancouver-based Antimony Resources said. 

Stibnite is commonly mined for its antimony content. China implemented strict export controls on antimony in September 2024, significantly affecting global supply chains. Efforts to locate and extract the crucial material for defense and high-tech industries are ramping up in Canada and the United States. 

Drilling is scheduled to begin immediately on the Marcus West zone to complete up to six shallow drill holes to test the zone at a depth of between 30 and 50 metres, the company said.

Unexplored areas to be further evaluated include the project’s central zone, where 2010 trenching returned 2.9% stibnite over 8.18 metres, and the south zone, where trenching has exposed stibnite mineralization over about 150 metres.  

 “It is very exciting to see the mineralized samples being brought to surface by the excavator for examination by the geologists,” Antimony Resources CEO Jim Atkinson said in the statement. “It is obvious that this is a highly mineralized area and the “bladed” stibnite is very attractive,” Atkinson said, adding that work is also progressing very well on definition drilling at the main zone. 

 A second drill was added to this program last week, the company said.