Churchill Intersects 7.25% Antimony over 1.98m Near Southern Shaft along 800m Strike at Frost Cove; Second New Polymetallic System Discovered
Churchill cements antimony-gold dominance in Newfoundland with high-grade drill hits and strategic Golden Baie acquisition.
The most recent news (March 18, 2026) reports the final results from the 2025 maiden drilling program at the Black Raven Project. Key highlights include high-grade antimony intercepts at the Frost Cove Prospect, such as 7.25% Sb over 1.98m and 6.44% Sb over 2.06m. The mineralization has been confirmed over an 800m strike length to a depth of 100m and remains open. Additionally, a new polymetallic system was discovered at Taylor’s Room (10.59 g/t Aueq over 1.05m in trenching). Crucially, the company announced that a two-rig 2026 drill program is commencing immediately (March 23rd) to follow up on these results.
The news is Material - Positive because it validates the high-grade nature of the Frost Cove antimony system with modern drilling, moving beyond historical grab samples. - Validation of Scale: Confirming 800m of strike for high-grade antimony (up to 7.25%) provides the foundation for a potential maiden resource. - Polymetallic Upside: The discovery of a 150m wide vein swarm at Pomley Cove Pond (reported Feb 25) and the Taylor’s Room discovery add significant precious metal "sweeteners" to the antimony story. - Strategic Timing: The immediate commencement of a two-rig program suggests the company is well-funded and aggressive, capitalizing on record antimony prices and the strategic "Made-in-Canada" supply chain narrative. - Comparison to Expectations: These results exceed the "Routine" category as they confirm the continuity of high-grade veins at depth, which was the primary risk following the initial high-grade surface prospecting.
Churchill Resources is focused on "Strategic Resource Sovereignty," primarily targeting Antimony and Gold in Newfoundland. - Flagship Project: Black Raven Project. It hosts the past-producing Frost Cove Antimony Mine and Stewart Gold Mine. - Secondary Assets: Taylor Brook (Nickel-Copper) and Florence Lake (Nickel), though focus has shifted heavily to Antimony-Gold.