Antimony Resources closes $700,000 financing

Mr. Jim Atkinson reports ANTIMONY RESOURCES CORP. CLOSES FLOW THRU FINANCING Antimony Resources Corp. has closed the flow-through (FT) financing. Antimony Resources issued 2.8 million common shares at a price of 25 cents for gross proceeds of $700,000. 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 paid a finder's fee of $49,000 to Castlewood Capital Corp. The company will use the net proceeds from the offering for exploration on its Bald Hill antimony project, located in New Brunswick, Canada. About Antimony Resources' Bald Hill antimony project Highlights from drilling: Bald Hill is a high-grade antimony deposit in southern New Brunswick; Outlined an antimony deposit over 700 metres (m) long; Widths average over three m and grades average 3 per cent to 4 per cent antimony (Sb); Drill hole BH-25-08 returned 14.91 per cent Sb over 3.0 m at a depth of 88.8 to 91.8 m, including massive antimony stibnite, which returned 28.76 per cent Sb over 1.7 m; Drill hole BH-25-09 returned 9.85 per cent Sb over 4.3 m from 103.6 to 107.9 m depth, including 18.19 per cent Sb from 104.6 to 106.4 m depth; Drill hole BH-25-05 returned 1.1 per cent Sb over 14.5 m at a depth of 108.8 to 123.3 m; Historical National Instrument 43-101 technical report: The 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) (1); Potential to expand based on additional known targets. A historical NI 43-101 technical report, prepared by CRA in 2010 (1), identified the potential for between 705,000 and one million metric tonnes at an average grade between 4 per cent and 5 per cent Sb (1). 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 National Instrument 43-101. 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. (1) NI 43-101 technical report for the Bald Hill antimony project, southern New Brunswick, Canada, prepared by Conestoga-Rovers & Associates, May, 2010, reference No. 070813.