FULL DISCLOSURE: Antimony Resources is a sponsor of theDeepDive.ca via a third party.
Antimony Resources (CSE: ATMY) is shifting its focus from exploration to execution at the Bald Hill Antimony Project, initiating the critical technical and environmental studies required for provincial permitting. The move signals a transition for the junior miner as it looks to capitalize on a string of high-grade discoveries and the growing strategic importance of antimony in North American supply chains.
The company has enlisted GEMTEC Consulting Engineers and Scientists to develop a roadmap to permitting, a comprehensive framework designed to navigate New Brunswick’s regulatory landscape.
By engaging with provincial and federal officials early, including the Technical Review Committee and the Department of Indigenous Affairs, Antimony Resources is attempting to de-risk and shorten the project’s development timeline.
RELATED: Antimony Resources Ramps Up Drilling As It Hires SRK For Maiden Resource Estimate
Chief Executive Officer Jim Atkinson noted that early stakeholder engagement, including discussions with local Municipal Councils and First Nations, is intended to shorten the path to development.
“We believe that the timeline to Permitting of the Bald Hill Antimony Project for development can be shortened by the early engagement of stakeholders including local and provincial officials and First Nations. We are pleased to have GEMTEC assisting us on this,” commented Atkinson.
While the legal paperwork begins, the work on the ground is accelerating. The company recently engaged SRK Consulting to spearhead its maiden mineral resource estimate. To support this, a 10,000-meter definition drilling program is well underway, with three rigs currently active on-site. The goal is to provide investors with a formal look at the scale of the deposit.
RELATED: Antimony Resources Expands New Discovery Following Trenching
Recent field results have added momentum to the technical push. Trenching at the newly discovered Marcus (West) Zone successfully extended massive stibnite mineralization to approximately 80 meters, with geological profiles mirroring the project’s Main Zone. This expansion suggests that Bald Hill may be larger than originally anticipated, with mineralization remaining open in all directions.
Antimony Resources last traded at $1.53 on the CSE.
FULL DISCLOSURE: Antimony Resources Corp. is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Antimony Resources Corp. The author has been compensated to cover Antimony Resources Corp. on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
