Churchill Intersects High Tenor Antimony and Discovers a Significant New Gold-Silver System at Black Raven, Central Newfoundland
High-Grade Antimony Intersects and New Gold-Silver Discovery Transform Churchill into a Critical Minerals Contender
The most recent news (January 5, 2026) reports the maiden drilling results from the Black Raven Project in Newfoundland. Key highlights include high-tenor antimony intersections, specifically 15.85% Sb over 0.46m within a wider interval of 10.1% Sb over 0.94m (Hole FC25-21). Furthermore, the company announced the discovery of a significant new gold-silver system at the Pomley Cove Pond target and a parallel high-grade gold-silver shear at Frost Cove. To date, results for only 16 of the 50 completed drill holes (5,176 meters) have been released, with 34 holes still pending assay. Additionally, the company has engaged Bunt Capital for investor relations services.
This news is Material - Positive as it represents the successful transition from historical prospecting and grab sampling to verified drill-supported mineralization. - Validation of Grade: The intersection of >15% Antimony confirms that the high grades found in historical adits and surface grab samples (previously reported at 35%) persist at depth, albeit over narrow widths. - Polymetallic Upside: The discovery of a new gold-silver system adds significant value beyond the "critical minerals" narrative. High-grade gold (up to 4.4 g/t Au) and silver (up to 44 g/t Ag) intersections provide a precious metals "kicker" that reduces the single-commodity risk of antimony. - Scale: High-grade results have now been confirmed over an 800m strike length and remain open. - Administrative Strength: The recent warrant exercise (Nov 2025) which brought in $3.75 million significantly de-risks the company’s ability to complete the 2026 exploration program without immediate further dilution.
Churchill Resources is a Canadian explorer focused on critical minerals in Newfoundland and Labrador. - Flagship Project: The Black Raven Property (31.25 km2), which hosts the past-producing Frost Cove Antimony Mine and Stewart Gold Mine. - Focus: Antimony is the primary driver due to Chinese export restrictions and its status as a critical mineral for defense and energy storage. - Secondary Assets: Taylor Brook (Ni-Cu-Co-V-Ti) and Florence Lake (Ni), both of which have shown anomalous results in 2025 but are currently secondary to the antimony/gold focus at Black Raven.