Antimony Spot Price Has Yet Again Achieved a New All-Time High as Critical Minerals Demand Jumps

Executive Summary

• Xtra Energy (American Antimony Corp.) announced a world‑class drill intercept of 87 m @ 1.46% Sb (up to 5.59% Sb) with 1.33 g/t Au and exceptionally low arsenic, confirming district‑scale continuity of a ≥3.2 km felsite dike system in the Bernice Canyon District, Nevada.
• The Phase One program completed 14 RC holes (5,570 ft total), intersecting the target dike in 10 holes and delivering multiple high‑grade antimony zones, supporting the claim that the project could rank among the richest global antimony deposits.
• Management highlighted the vast untapped potential of the 4,153‑acre land package (only 8% tested) and positioned the deposit as a strategic domestic source for U.S. defense, energy storage, and electronics markets.

Key Details

• Drilling Program: 14 reverse‑circulation holes; total depth 5,570 ft (1,698 m); hole depths 300–800 ft (61–232 m).
• Target Success: 10 of 14 holes intersected the felsite dike, confirming structural and geochemical continuity.
• Key Intercept – BC25‑03 (Arrance Core Zone):
• Length: 87 m (285 ft) continuous mineralization (103.6–190.5 m).
• Grade: Avg 1.46% Sb (14,600 ppm); peak 5.59% Sb; many intervals 2‑3% Sb.
• Gold Credit: Up to 1.33 g/t Au; avg 0.27 g/t Au over the interval.
• Additional Intercepts:
• BC25‑11 – 12.3 m @ 1.06% Sb, 0.18 g/t Au.
• BC25‑02 – 7.6 m @ 1.08% Sb (gold credits).
• BC25‑05 – True‑width test: 7.6 m @ 0.72% Sb, 0.33 g/t Au; true dike width ≈ 25 ft.
• BC25‑01 & BC25‑04 – Peripheral step‑outs: up to 0.39% Sb and 0.43 g/t Au.
• Geological Context: Felsite dike swarm extends ≥3.2 km (≈2 mi) strike, comparable to world‑leading antimony systems in China (Xikuangshan) and Austria (Schlaining).
• Metallurgical Advantage: Arsenic consistently < 50 ppm, indicating clean processing economics.
• Land Package: 4,153 acre claim block; only 22 historic mines, with just 4 tested to date (<8% coverage). Phase One drilling covered ~330 acres.
• Strategic Implications: Provides a domestic source for defense (DoD ammunition, flame‑retardant clothing), energy storage (liquid‑metal batteries), and semiconductor applications.

Notable Quotes

“These Phase One drill results mark a breakthrough moment for American Antimony/Xtra Energy,” said Mac J. Shahsavar, Chairman & CEO.
“Hole BC25‑03 demonstrates the thickness and grade required to classify Arrance as a world‑class antimony system… The combination of scale, clean metallurgy, and associated gold credits positions us at the forefront of developing a strategically important U.S. domestic source of antimony.”

The release also referenced other industry news (U.S. Antimony Corp., Perpetua Resources, Lithium Americas, MP Materials) but those items are ancillary to this company’s material drilling update.