Production / Operations
More Progress Reported by Antimony Resources of the Bald Hill Property Under Option from Globex
Antimony Resources Advances Bald Hill Drilling Amidst Conceptual Resource Ambiguity

Executive Summary
- Date: May 7, 2026 (Most Recent)
- Event Type: Operations Update / Exploration Expansion
- Core Announcement: Commencement of expansion drilling at the Bald Hill Antimony Project in New Brunswick.
- Drilling Program Details:
- Main Zone: 13,000 metres targeting depth and strike extension.
- New Zones (Marcus, BH Central, BH South): 6,000 metres focused on newly identified mineralized zones.
- Total Recent Activity: Over 25,000 metres drilled since April 2025 across 77 holes.
- Assay Status: Over 1,500 core samples sent for assay; results expected in May 2026.
- Project Specifications: Main Zone strike length >600m, depth up to 350m, average width 4-5m, grade ~3-4% antimony.
- Permitting Roadmap: Target completion for permit application by Q4 2026 or Q1 2027.
- Historical Context (Preceding Months):
- April 30: High-grade soil sampling results (>450 ppm Sb) on Second Run Claims.
- March 17: SRK Consultants hired for Maiden Mineral Resource Estimate (MRE).
- February 2026: $9.45M financing closed; Warrant exercise ($1.21M); Marcus West Zone discovery.
- November 2025: NI-43-101 Technical Report filed (Conceptual potential only, later clarified as non-compliant resource language).
Material Impact
- Rating Justification: Routine - Positive.
- New Information: The news confirms the execution of a previously announced drilling program (Feb/March 2026 plans) rather than introducing a fundamentally new catalyst like a defined resource or major acquisition.
- Expectation Check: In line with previous expectations set by the December 2025 financing and March 2026 permitting updates. The company is utilizing capital to advance toward the MRE target (Q1/Q2 2027).
- Materiality: Positive but incremental. It validates that exploration is proceeding as funded, reducing execution risk, but does not alter the valuation thesis which remains dependent on a future defined resource estimate.
- Risk Mitigation: The clarification in March regarding the "Conceptual" nature of the 2025 report (no NI-43-101 compliant resources yet) is critical context; this news continues to build toward that definition without claiming one exists today.
ATMY · Price
Company Overview
- Company: Antimony Resources Corp. (CSE: ATMY, OTCQB: ATMYF).
- Flagship Project: Bald Hill Antimony Project, New Brunswick, Canada.
- Property Size: ~37 square kilometers (3,700 hectares) with additional claims staked to the west/south.
- Project Status: Definition Drilling Phase. Transitioning from conceptual potential toward a Maiden Mineral Resource Estimate.
- Mineralization: High-grade antimony-bearing stibnite. Main Zone averages 3-4% Sb over 4-5m widths.
- Jurisdiction: Tier-1 mining jurisdiction (Canada/New Brunswick).
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Jun 29, 2026 · 11:39