M&A / Property
Talent Infinity Announces Acquisition of the Fredricksburg Antimony-gold Projects in New Brunswick

TICO · Price
Executive Summary
- Talent Infinity Resource Developments Inc. (TICO) announced the acquisition of the Fredricksburg Antimony‑Gold Projects in York County, New Brunswick, covering 5 blocks and 5,632 ha.
- The project hosts historic antimony (up to 11.2 ppm Sb), gold (up to 112 ppb Au), and arsenic anomalies, indicating strong district‑scale discovery potential for antimony‑gold mineralization.
- Management changes were disclosed: Rakesh Malhotra appointed CFO, Virginia Li resigned as former CFO, and Giuseppe “Pino” Perone appointed Corporate Secretary.
Key Details
- Acquisition Scope: Fredricksburg North & South target areas; multiple historic mineral claims within a structurally favorable corridor adjacent to the Silurian Nashwaak and Hawkshaw Granitic Intrusions.
- Project Size: 5 blocks, total area ≈ 5,632 ha; located ~35–70 km NNW of Fredericton, NB.
- Historic Exploration Highlights – South:
- Soil B‑horizon Sb up to 11.2 ppm (Dahn, 2014).
- Soil Au up to 112 ppb (Dahn, 2014).
- Soil As up to 292 ppm (Lutes, 2012).
- Till/BED samples Sb up to 25 ppm, intrusive rocks up to 29 ppm (Lutes, 2012).
- Historic Exploration Highlights – North:
- NBGS till samples > 20 ppm Sb with 5‑10 ppm anomalous halos.
- Proximity to known regional deposits: Lake George Antimony Mine, Bald Hill Antimony Deposit, Clarence Stream Gold Deposit.
- Exploration Plan: Compile historical datasets; develop systematic exploration program to refine drill targets across both North and South blocks.
- Management Appointments:
- Rakesh Malhotra – Chief Financial Officer (effective immediately).
- Virginia Li – Resigned as CFO and Advisory Board member.
- Giuseppe “Pino” Perone – Corporate Secretary (effective immediately).
- Qualified Person: Graham Giles, P.Geo., VP of Exploration, reviewed technical information per NI 43‑101.
Notable Quotes
“The acquisition of the Fredricksburg Project represents another strategic step in expanding Talent Infinity's portfolio of critical mineral exploration assets… presents a compelling exploration opportunity.” – John Eren, CEO
“I am pleased to join Talent Infinity at a pivotal stage of its growth and am excited to work with the team as the Company continues to advance its portfolio of projects.” – Rakesh Malhotra, CFO
All forward‑looking statements are subject to risks and uncertainties detailed in the release.
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May 14, 2026 · 08:01