Northwire Canada EditionFriday, July 10, 2026
Sign inSubscribe
Northwire
⌕
S 0.165 +37.5% NNX 0.035 +0.0% ABX 52.04 −0.3% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.27 +11.9% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.51 +1.2% SGZ 0.040 −11.1% GRSL 0.307 −3.9% DEX 0.380 −1.3% WMS 0.040 +0.0% S 0.165 +37.5% NNX 0.035 +0.0% ABX 52.04 −0.3% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.27 +11.9% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.51 +1.2% SGZ 0.040 −11.1% GRSL 0.307 −3.9% DEX 0.380 −1.3% WMS 0.040 +0.0%
Drill Results Routine +

Antimony Resources Corp. (ATMY) (ATMYF) (K8J0) Announces Assay Drill Results up to 13.9% Antimony (Sb) in Stibnite Bearing Core

Bald Hill Drill Results Validate High-Grade Antimony Potential Amidst Permitting Roadmap

By The Northwire Desk — AI Analysis May 12, 2026 · 07:01 ATMY · 1.03 Antimony Resources Corp.
Executive Summary
  • Assay Results: Initial assay results from the 2026 winter drill program released on May 12, 2026, showing antimony (Sb) values up to 13.9% in stibnite-bearing core.
  • Drilling Program: Commencement of a significant new exploration program totaling 19,000 meters split between the Main Zone (13,000m) and newly discovered zones (6,000m).
  • Regional Exploration: Expansion into prospecting, mapping, trenching, and soil sampling across the 37 square kilometer property.
  • Project Background: The Bald Hill project is a high-grade antimony deposit; Main Zone mineralization outlined over 600m long to at least 350m depth. A 2025 NI-43-101 Technical Report estimated a potential quantity of approximately 2.7 million tonnes with grades between 3% and 4% Sb (conceptual).
  • Management Commentary: CEO James Atkinson notes assay values are similar to previously released results, confirming consistency in the deposit's grade at depth.
Material Impact
  • Consistency vs. Surprise: The news is consistent with previous high-grade announcements (e.g., 14.91% Sb in Nov 2025, 13.9% Sb in May 2026). It does not introduce a fundamentally new discovery but validates the existing deposit model.
  • Market Expectations: The drilling program was already announced and fully funded (Dec 2025 financing + Feb 2026 warrant exercise). Therefore, the initiation of this specific phase is expected by the market.
  • Resource Status Risk: Crucially, the news reiterates a "conceptual" estimate from a 2025 report. The March 2026 clarification explicitly stated no NI-43-101 compliant resource exists yet. This drill result does not change the regulatory status of the asset; it remains an exploration project without a defined mineral resource.
  • Price Impact: Given the stock has rallied from $0.10 to over $1.50 in 2026, this incremental data point is likely priced in. It supports the thesis but does not materially alter the valuation model absent a compliant resource estimate.
ATMY · Price
Company Overview
  • Company: Antimony Resources Corp. (CSE: ATMY, OTCQB: ATMYF, FSE: K8J0).
  • Flagship Project: Bald Hill Antimony Project, New Brunswick, Canada.
  • Project Status: Exploration/Definition Drilling phase. No mining operations yet.
  • Jurisdiction: Tier-1 jurisdiction (Canada), reducing political risk but increasing regulatory compliance costs.
  • Mineralization: High-grade antimony-bearing stibnite. Main Zone mineralization widths average 3-4 meters with grades averaging 3-4% Sb, with high-grade intercepts up to 13.9%.
  • Ownership: Option agreement from Globex Mining Enterprises Inc.
Read the original news release →

More from Antimony Resources Corp.

Jun 29, 2026 · 11:39

Gold glints but antimony still the mother lode; Bald Hill’s new dimension fails to halt the selloff.

Drill Results Jun 25, 2026 · 07:01

Bald Hill Antimony Project advances with high-grade trench intercepts, but remains in pre-revenue exploration phase with ongoing dilution risks.

Drill Results Jun 16, 2026 · 07:01

High-grade antimony explorer advancing Bald Hill project with continuous drilling and government engagement.

Drill Results Jun 08, 2026 · 07:01

Junior antimony explorer advancing Bald Hill project with high-grade trenching results and government engagement.

Drill Results Jun 04, 2026 · 07:01

Antimony Resources Corp. (ATMY) (ATMYF) (K8J0) New Brunswick Minister of Natural Resources Visits Bald Hill Antimony Project

Technical Study May 13, 2026 · 09:27

Bald Hill Drilling Confirms Depth Potential But Compliance Risks Linger

Drill Results