Northwire Canada EditionSaturday, October 31, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
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

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 →

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