Antimony Resources begins phase 2 drilling at Bald Hill

Mr. Jim Atkinson reports ANTIMONY RESOURCES CORP. (ATMY) (K8J0) REPORTS COMMENCEMENT OF PHASE TWO DRILLING PROGRAM AT BALD HILL ANTIMONY PROJECT, NEW BRUNSWICK Drilling at Antimony Resources Corp.'s Bald Hill antimony project in New Brunswick, Canada, has recommenced. The target is to complete at least 6,000 metres of drilling. Highlights: The focus of the phase 2 drilling will have two goals. The first goal will be to extend the known antimony-bearing stibnite (Sb) mineralization to the north and south and to expand the mineralization at depth. Drilling in the phase 1 program was successful in extending the antimony-bearing stibnite mineralization over 100 metres to the south from the Main zone and Antimony Resources will be continuing exploration in this direction during this program. A second mineralized zone has been discovered approximately 450 metres southeast of the Main zone but has not been sufficiently explored. Antimony Resources will be completing further exploration at this occurrence. A deep drill hole in the first phase (see press release dated Aug. 27, 2025) intersected mineralization at a depth of 400 metres, confirming the depth extent of the mineralization previously indicated by drilling during previous exploration. The second goal of the phase 2 drilling program will be to infill areas where the drill intersections of mineralization completed by Antimony Resources and others are widely spaced. The aim of this part of the program will be to assist in determination if there is sufficient continuity of the mineralization and data to enable the creation of a maiden resource for the deposit. The phase 1 drilling completed a total of 3,150 metres in 16 drill holes. High-grade antimony-bearing stibnite was intersected in 75 per cent of the drill holes. With values including 4.17 per cent Sb over 7.4 metres, 9.85 per cent Sb over 4.3 m and 14.91 per cent Sb over 3.0 m. The antimony-bearing stibnite mineralization has been outlined in surface outcroppings and drilling. As a result of the recent phase 1 program, the Main zone has been extended over 400 metres, and the depth has been confirmed to 400 metres. Follow-up drilling will be completed in this area. The mineralization encountered consists of massive antimony-bearing stibnite, veins and stibnite-bearing breccia. The breccia contains fragments of the enclosing rocks -- metasediments and metavolcanics. On surface, the vein/breccia system strikes north-northwest-south-southeast and dips vertically to steeply to the southwest. The rock units in the area strike to the northeast, resulting in situations that the stibnite-bearing structures cut across the surrounding units at a very oblique angle. Changes in the nature breccia and mineralization are noted as the zone crosses different rock units, but this has not been systematically evaluated. Mineralization is surrounded by alteration consisting of sericite, quartz and carbonate. A new discovery to the south of the Main zone is located within a two-kilometre-long antimony in soil anomaly. While mineralization has been identified at the northwestern end (the Main zone) and the southeastern end of this trend (the new discovery), the area covered by the remainder of the anomaly has not been explored in any great detail. The current program will include trenching and mapping along this anomaly to identify the source of soil anomaly. Jim Atkinson, PGeo, chief executive officer of Antimony Resources, stated: "Drilling at Bald Hill has commenced and will comprise over 6,000 metres of drilling. Part of the program will be guided by a recently completed 3-D model, which will also allow us to infill areas where there are gaps in the information. Our recent drilling extended the Main zone by over 100 metres to the southeast and to a depth of at least 400 metres, significantly expanding the potential of the deposit we will be continuing to drill to expand the mineralized zone. Our program will assist in establishing the drill hole density we will need to calculate a mineral resource. We will be working with consultants to discuss the appropriate drill density, continuity etc. for resource calculations. "We are very excited to be starting the next phase of exploration drilling. This program will include exploration on the wider property which we have expanded to the west and south." Bald Hill antimony project Highlights: Bald Hill is a well-known, high-grade antimony deposit in southern New Brunswick, Canada; Drilling has outlined an antimony deposit over 500 metres long and open in all directions; Widths of mineralization average three to four metres and grades average 3 per cent to 4 per cent antimony; Historical National Instrument 43-101 technical report: potential quantity and grade of the drilled area, which is the target of the company's exploration, are in the 725,000-to-one-million-tonne range grading 4.11 per cent to 5.32 per cent Sb (approximately 30,000 to 40,000 tonnes contained antimony); Potential to expand based on additional known targets. The property is located approximately equal distance from Sussex, Fredericton and St. John in southern New Brunswick. Access is very good with provincial and regional highways crossing and adjacent to the property. Drilling can be completed year-round. Including the recent drilling program, there have been over 9,600 metres of drilling completed on the project. The Main zone of the deposit consists of at least three antimony-bearing breccias and hydrothermal veins zones trending northwesterly. Mineralization has been defined over a 700-metre strike length to a vertical depth of at least 300 metres and is open in all directions and to depth. High-grade antimony has been encountered in drilling, including recent intersections. The discovery hole, DDH08-03, intersected 4.51 m at a grade of 11.7 per cent antimony (Sb), including 2.29 m grading 20.9 per cent Sb. Recent drilling has duplicated these results and extended the mineralized zone to the southeast and to depth. A possible extension of the Main zone was discovered in 2014. Trenching approximately 450 metres southeast of Main zone returned values of 2.90 per cent Sb over 8.18 m, which included 5.79 per cent Sb over 1.75 m and 8.47 per cent over 1.53 m. Drilling in this area confirmed the presence of antimony-bearing stibnite mineralization similar to the Main zone, which has not been sufficiently explored. Antimony Resources will focus part of the coming program in this area. The exploration plan for phase 2 will add at least 6,000 metres of diamond drilling to explore the known mineralized zone, extend the mineralization to the north and south and downdip and expand parallel veins discovered in the past. It is hoped that the completed and planned drilling programs will allow Antimony Resources to calculate a maiden resource in the first quarter of 2026. A historical NI 43-101 technical report, prepared by CRA in 2010, identified the potential for between 705,000 and one million metric tonnes at an average grade between 4 per cent and 5 per cent antimony; Antimony Resources has not completed enough work to confirm this estimate. The potential quantity and grade are conceptual in nature as there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource. The technical contents of this news release were reviewed and approved by Jim Atkinson, MSc, PGeo, who is a qualified person as defined by NI 43-101. Antimony Resources also announces that it has closed the private placement financing. Antimony Resources issued 650,000 common shares at a price of 20 cents for gross proceeds of $130,000. All securities issued in connection with the offering are subject to a statutory hold period of four months plus a day in accordance with applicable securities legislation. The company will use the net proceeds from the offering for exploration on its Bald Hill antimony project located in New Brunswick, Canada, and general working capital. About Antimony Resources Corp. Antimony Resources is an exploration and development company focused exclusively on antimony. The company's management team possesses extensive experience in financing, exploration, development and mining. The company is focused on becoming a significant North American producer of antimony.