Northwire Canada EditionFriday, July 24, 2026
Northwire
AVX 0.005 −nan% AII 19.91 −1.0% GWM 0.480 +0.0% GEN 0.065 +0.0% NIO 0.135 −3.6% III 7.22 −2.8% NCAU 0.295 −3.3% NEV 0.040 +0.0% ITR 3.00 −1.6% ALDE 2.79 −0.7% TECK 84.18 +4.4% FVI 11.83 −2.2% SUM 1.31 −1.5% RSMX 0.115 +4.5% STW 0.105 +5.0% PAT 0.250 +0.0% AVX 0.005 −nan% AII 19.91 −1.0% GWM 0.480 +0.0% GEN 0.065 +0.0% NIO 0.135 −3.6% III 7.22 −2.8% NCAU 0.295 −3.3% NEV 0.040 +0.0% ITR 3.00 −1.6% ALDE 2.79 −0.7% TECK 84.18 +4.4% FVI 11.83 −2.2% SUM 1.31 −1.5% RSMX 0.115 +4.5% STW 0.105 +5.0% PAT 0.250 +0.0%
Drill Results Routine +

Antimony Resources Corp. (ATMY) (ATMYF) (K8J0) Is Pleased to Announce the Next Phase of Exploration at the Bald Hill Antimony Deposit in New Brunswick, Canada

Bald Hill Exploration Continues Amidst Conceptual Resource Ambiguity and Warrant Dilution Pressure

Executive Summary
  • Antimony Resources Corp. announced the commencement of a new exploration phase at the Bald Hill Antimony Project in New Brunswick, Canada on May 7, 2026.
  • The program targets the Main Zone expansion (13,000 meters) and three newly discovered zones: Marcus, BH Central, and BH South (6,000 meters).
  • Total drilling since April 2025 exceeds 25,000 meters across 77 drill holes.
  • Soil sampling on Second Run claims identified antimony concentrations up to 450 ppm Sb, prompting claim expansion.
  • Permitting application for the Bald Hill Project is targeted for completion by Q4 2026 or Q1 2027.
  • The company references a 2025 Technical Report estimating ~2.7 million tonnes at 3% to 4% antimony, explicitly labeling it as conceptual/unconfirmed.
Material Impact
  • News Rating: Routine - Positive. The exploration update confirms the execution of previously announced funded programs (Dec 2025 financing) rather than introducing new strategic shifts or capital raises.
  • Market Expectation: The market has already priced in significant progress following the March 2026 hiring of SRK Consultants and the $9.45 million financing. The stock price correction from $1.60 (March peak) to $0.90 (May low) indicates skepticism regarding the "conceptual" nature of the resource estimate.
  • Progress vs. Valuation: While drilling progress is positive, the lack of a defined Mineral Resource Estimate (MRE) remains a valuation cap. The news reiterates the conceptual status, which limits immediate upside potential compared to a JORC/NI 43-101 compliant resource release.
  • Risk Factor: The March 2nd clarification regarding the November 2025 Technical Report being misleading on "Resource" language creates lingering credibility concerns that this news does not fully resolve, only reiterates the conceptual status.
ATMY · Price
Company Overview
  • Company: Antimony Resources Corp. (CSE: ATMY; OTCQB: ATMYF).
  • Flagship Project: Bald Hill Antimony Project, New Brunswick, Canada.
  • Project Status: Exploration/Definition Drilling phase.
  • Deposit Characteristics: High-grade antimony-bearing stibnite mineralization. Main Zone outlined >700m strike length and ≥350m depth. Average widths 3-4 meters with grades averaging 3% to 4% Sb.
  • Jurisdiction: Tier-one mining jurisdiction (Canada), reducing political risk but increasing regulatory scrutiny.
Read the original news release →

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