Northwire Canada EditionTuesday, November 10, 2026
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Resource Estimate

Antimony Resources Corp. (ATMY) (ATMYF) (K8J0) Announces Work on Maiden Mineral Resource Estimate - Hires SRK Consultants

By The Northwire Desk — AI Analysis Mar 17, 2026 · 07:02 ATMY · 1.41 Antimony Resources Corp.
ATMY · Price

Executive Summary

  • Antimony Resources announced a 10,000‑meter definition drilling program on the Bald Hill Main Zone, with ~5,000 m already completed and the remainder slated for completion by end‑April 2026.
  • The company has engaged SRK Consultants (Toronto) to lead the preparation of a Maiden Mineral Resource Estimate (MRE) and to provide independent technical oversight.
  • A 3‑D geological model is being continuously updated as new drill intersections are logged, supporting both the MRE and future target generation.

Key Details

  • Definition Drilling Program: Target spacing ~50 m between intercepts; goal is sufficient density for a reliable resource estimate.
  • Progress to Date: Approximately 5,000 m of drilling completed; three drill rigs currently on site.
  • Completion Timeline: Remaining definition drilling expected finished by end‑April 2026; final assay results anticipated 3–4 weeks after drilling concludes.
  • Consultant Engagement: SRK Consultants contracted to advise and execute the MRE, leveraging recent experience on similar antimony deposits (e.g., Beaverbrook Deposit, Newfoundland).
  • 3‑D Modeling: Ongoing model development using prior work by Orix; updated with each new intersection to refine drill targeting.
  • Project Highlights:
  • Bald Hill deposit extends >700 m strike and ≥350 m depth.
  • Average mineralized zone width 3–4 m with grades of 3‑4 % Sb.
  • Property now >2,000 ha after recent claim additions; three additional stibnite occurrences identified outside the Main Zone.
  • Technical Context: NI‑43‑101 Technical Report (2025) estimates ~2.7 Mt at 3‑4 % Sb for the drilled area – conceptual pending further work.

Notable Quotes

“We are very pleased to be able to contract with SRK for the development of a Mineral Resource. Their advice and expertise will be invaluable as we proceed toward this significant step in the development of the Bald Hill Antimony Deposit.” – Jim Atkinson, P.Geo., CEO

Materiality Assessment: Material – Positive**

Read the original news release →

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