Antimony Res drills 4.95 m of 5.27% Sb at Bald Hill

Executive Summary

• Antimony Resources Corp. announced final assay results for seven additional drill holes (BH-25-10 to BH-25-16) at its Bald Hill antimony project in New Brunswick, Canada, completing Phase 1 drilling.
• The program intersected significant high-grade antimony-bearing stibnite, including a zone of 11.3% Sb over 1 meter and massive stibnite assays up to 5.27% Sb over 4.95 meters.
• Phase 1 drilling totaled 3,150 meters across 16 holes, successfully extending the main mineralized zone over 400 meters in strike length and to a depth of 400 meters, supporting the company's goal to calculate a maiden mineral resource by year-end.

Key Details

• Drilling Completion: Phase 1 drilling is complete with a total of 3,150 meters in 16 drill holes.
• BH-25-11 Highlights: Intersected two zones, including 4.95% Sb over 5.27 meters (140.35m to 145.3m) and 2.23% Sb over 1.8 meters.
• BH-25-12 Highlights: Intersected antimony-bearing stibnite in five zones, including 7.6% Sb from 251.2m to 251.45m and 5.82% Sb from 255.45m to 258.41m; this was a deep test of the main zone.
• BH-25-13 Highlights: Intersected 1.11% Sb over 7.36 meters (36.4m to 43.76m), including 5.55% Sb over 1.35 meters (39.45m to 40.80m).
• BH-25-14 Highlights: Returned 1.8% Sb over 3.55 meters; successfully extended the main zone over 100 meters to the southeast.
• BH-25-15 Highlights: Intersected 8.6 meters of antimony-bearing stibnite grading 0.58% Sb, with higher-grade zones of 1.96% Sb and 1.95% Sb over one meter each.
• BH-25-16 Highlights: The deepest hole to date, intersected the main zone at 400 meters depth with 5.2 meters of 0.53% Sb (including 1.5 meters of 1.21% Sb); terminated at 407 meters due to excessive deviation despite encountering mineralization.
• BH-25-10 Highlights: Returned an 8.5-meter-wide zone of anomalous antimony, including 1.15% Sb over 0.7 meters and 0.72% Sb over 1.1 meters.
• Geological Extension: The main zone has been shown to extend for a distance of over 400 meters and to a depth of 400 meters.
• Mineralization Style: Described as massive antimony-bearing stibnite, veins, and stibnite-bearing breccia containing fragments of metasediments and metavolcanics.
• True Widths: Measured intersections are not true widths; true widths are estimated to be between 75% and 80% of the intersected lengths.
• Future Plans: The company is preparing an updated 3-D model to guide the next phase of exploration drilling, expected to begin in mid-September, with the goal of calculating a maiden resource by the end of the year.
• Historical Context: Past work outlined a deposit over 500m long with average grades of 3-4% Sb. A 2010 NI 43-101 report identified potential for 705,000 to 1 million tonnes at 4-5% Sb.

Notable Quotes

• "The phase 1 drilling program at Bald Hill has been completed and we are very pleased with the results. Significant high-grade antimony has been intersected in over 75 per cent of our drill holes." — Jim Atkinson, CEO
• "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." — Jim Atkinson, CEO
• "We are very excited to be preparing for the commencement of our next phase of exploration drilling, which should begin in mid-September. This program will include exploration on the wider property." — Jim Atkinson, CEO