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Financings

Globex Reports Progress on Two Fronts at New Brunswick Antimony/Gold Projects

By The Northwire Desk — AI Analysis Nov 27, 2025 · 09:00 ATMY · 0.5 Antimony Resources Corp.
ATMY · Price

Executive Summary

  • Globex Mining Enterprises reports that its two New Brunswick critical‑mineral properties are advancing under option agreements with Bryan Resources Ltd. and Antimony Resources Corp.
  • Bryah has commenced a 1,000 m drill program at the Golden Pike project to upgrade the resource estimate to JORC compliance, with up to an additional 1,200 m planned in the Bond Road area.
  • Antimony Resources filed a NI 43‑101 technical report for Bald Hill indicating a conceptual potential of 2.7 Mt at 3–4% Sb (≈81–108 kt contained antimony) and is executing a 6,000 m drill program that will bring total drilling to 15,000 m; the company also announced up to $10,012,000 financing to continue work.

Key Details

  • Golden Pike (Bryah Resources)
  • Initiated a 1,000‑metre drill campaign aimed at upgrading the existing foreign resource estimate to a JORC‑compliant mineral resource.

  • Upon completion, drilling will shift to the Bond Road area for up to 1,200 m of exploration targeting high‑grade antimony veins within interpreted fault structures.

  • Bald Hill (Antimony Resources Corp.)

  • NI 43‑101 technical report filed, summarizing past work and Phase 1 drilling results.
  • Reports a conceptual resource potential of 2.7 Mt at 3.0–4.0% Sb, equating to 81,000–108,000 t of contained antimony – roughly double the 2014 estimate.
  • Company notes that the potential is conceptual; no definitive resource has been declared yet.

  • Ongoing 6,000‑metre drill program to detail and extend the known deposit north and south; total drilling after completion will reach 15,000 m.

  • Financing (Antimony Resources)

  • Announced a financing package of up to $10,012,000 to fund continued work on the Bald Hill property.

  • Corporate Disclosure

  • Press release authored by Jack Stoch, P.Geo., Executive Chairman & CEO of Globex, acting as Qualified Person under NI 43‑101.

Notable Quotes

“We are focused on antimony and becoming a significant North American producer.” – Jack Stoch, Executive Chairman & CEO, Globex Mining Enterprises Inc.

Read the original news release →

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