Drill Results
Antimony Resources Corp. (ATMY) (ATMYF) (K8J0) Reports High-Grade Results from Recent Soil Sampling Program on Claims to the South of the Main Bald Hill Antimony Deposit
Antimony Resources Explores South Zone Anomalies as Bald Hill Drilling Nears Completion
Executive Summary
- Date: April 30, 2026.
- Event Type: Exploration Results (Soil Sampling).
- Headline: Reports High-Grade Results from Recent Soil Sampling Program on Claims to the South of the Main Bald Hill Antimony Deposit.
- Key Findings:
- Over 550 soil samples collected at Second Run Claim Block, south of Bald Hill Deposit.
- Identified concentrations up to 40 times background levels.
- Peak values exceeded 450 ppm Sb (Antimony).
- Three specific anomalous areas identified: SR1, SR2, and SR3.
- Property Expansion: Added 12 claim units to the west of anomalous area SR1.
- Future Plans: Large-scale soil sampling, prospecting, trenching, potential drilling, and detailed airborne magnetic/electromagnetic survey across 3,000 Ha property.
- Context: Follows previous drill results (April 24) showing high-grade intersections in the Main Zone and new zones (Marcus West, BH Central, BH South).
Material Impact
- Rating Justification: Routine - Positive.
- Analysis: The news confirms exploration success but does not materially alter the project's valuation status compared to previous announcements.
- Incremental Nature: Soil sampling is a standard early-stage exploration tool used to identify targets for drilling. It validates the CEO's statement about a "large antimony-mineralizing episode" but does not define a resource.
- Market Expectations: The market has already priced in significant upside from the December 2025 financing ($9.45M) and the March 2026 hiring of SRK Consultants for a Maiden Mineral Resource Estimate (MRE).
- Resource Status Risk: A critical clarification on March 2, 2026, stated that the November 7, 2025 Technical Report did not contain NI-43-101 compliant resources and references to "Resource" were misleading. This news does not resolve that uncertainty; it remains a conceptual target pending further drilling and MRE calculation.
- Price Impact: The stock has already rallied from $0.08 (May 2025) to $1.60 (March 2026). The current price of $1.00 reflects a correction phase. This news is supportive but unlikely to trigger a new significant breakout without confirmed drilling results or resource definition.
ATMY · Price
Company Overview
- Company: Antimony Resources Corp. (CSE: ATMY; OTCQB: ATMYF; FSE: K8J0).
- Flagship Project: Bald Hill Antimony Project, Southern New Brunswick, Canada.
- Project Status: Exploration and Definition Drilling Phase.
- Deposit Characteristics:
- High-grade antimony (stibnite) mineralization.
- Main Zone outlined >700m strike length, ≥350m depth.
- Average widths 3–4 meters; grades averaging 3% to 4% Sb.
- Multiple new zones identified: Marcus West, BH Central, BH South, and Second Run (South).
- Technical Report: NI-43-101 Technical Report filed November 2025 estimated a conceptual resource of ~2.7Mt at 3–4% Sb. March 2026 clarification noted this is not yet a compliant Mineral Resource.
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Jun 29, 2026 · 11:39