Northwire Canada EditionWednesday, July 29, 2026
Northwire
NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Drill Results

Globex's Bald Hill optionee Antimony restarts drilling

GMX · Price

Executive Summary

  • Antimony Resources has recommenced Phase II drilling at Globex’s Bald Hill antimony property, targeting a total of 6,000 m (up from the 3,150 m completed in Phase I).
  • A second mineralized zone was discovered ~450 m southeast of the Main zone, with notable intercepts up to 8.47 % Sb over 1.53 m.
  • Phase II will focus on infill drilling to assess continuity for a maiden resource, extend the Main zone laterally and at depth, and investigate a 2‑km antimony soil anomaly through mapping, trenching and possible additional drilling.

Key Details

  • Completed Phase I: 3,150 m drilled in 16 holes; high‑grade stibnite intersected in 75 % of holes.
  • Hole intercepts included 4.17 % Sb over 7.4 m, 9.85 % Sb over 4.3 m, and 14.91 % Sb over 3.0 m.
  • Historical drilling on the property recorded up to 11.7 % Sb over 4.51 m (including 20.9 % Sb over 2.29 m).
  • New Phase II target: total 6,000 m of drilling to improve resource definition and extend mineralization.
  • Second mineralized zone (~450 m SE of Main zone) reported intercepts:
  • 2.90 % Sb over 8.18 m
  • 5.79 % Sb over 1.75 m
  • 8.47 % Sb over 1.53 m
  • Exploration focus areas:
  • Infill drilling on wide‑spaced intersections in the Main zone to evaluate continuity for a maiden resource.
  • Lateral extension of the Main zone to the northwest and southeast, plus depth extension.
  • Investigation of a 2‑km antimony soil anomaly (Main zone at NW end, newly discovered zone at SE end) through surface mapping, trenching, and conditional additional drilling.
  • Geological context: mineralization consists of massive antimony‑bearing stibnite, veins, and stibnite‑bearing breccia within metasedimentary and metavolcanic host rocks; alteration dominated by sericite, quartz, and carbonate.

Notable Quotes

“Globex is pleased both by the results of Antimony's exploration to date and by the speed and dedication wherein it is advancing the project.” – Jack Stoch, Executive Chairman & CEO, Globex Mining Enterprises Inc.

Read the original news release →

More from Globex Mining Enterprises Inc.