FULL DISCLOSURE: Antimony Resources is a sponsor of theDeepDive.ca via a third party.
Antimony Resources (CSE: ATMY) is moving from early stage exploration toward quantification at its Bald Hill project in New Brunswick. The company announced Tuesday that it has engaged Toronto-based SRK Consultants to spearhead its first-ever maiden mineral resource estimate, a pivotal step for the junior miner as it looks to establish itself as a primary North American supplier of the critical metal.
The mandate for SRK follows their recent work on the nearby Beaverbrook deposit in Newfoundland, providing the firm with direct experience in the specific geological nuances of Atlantic Canadian antimony.
To feed the upcoming estimate, Antimony Resources is currently in the midst of a 10,000-meter definition drilling program. With three rigs active on-site, the company has already surpassed the halfway mark. The goal is to achieve 50-meter drill spacing across the Main Zone, a density intended to provide geologists with enough confidence in the continuity of mineralization to satisfy NI 43-101 standards.
READ: Antimony Resources Reports Massive Stibnite Mineralization Over 25 Metres At Marcus (West) Zone
“Their expertise will be invaluable as we proceed toward this significant step,” said Jim Atkinson, CEO of Antimony Resources. He noted that field crews have been successful in identifying new areas of stibnite, the primary ore of antimony, which will be folded into the company’s 2026 exploration strategy.
The technical push also includes the development of a 3D mineralization model. This living digital twin of the deposit is being updated with every new drill intersection, allowing the team to refine targets in real-time.
The timing is notable as antimony remains high on the list of critical minerals for both the U.S. and Canadian governments, largely due to its applications in flame retardants, lead-acid batteries, and high-tech military hardware.
The company expects to wrap up the current drilling phase by the end of April, with final assays anticipated shortly thereafter. If the timeline holds, investors can expect the preliminary resource figures to follow the data integration phase, providing the first formal look at the scale of Bald Hill’s potential.
Antimony Resources last traded at $1.41 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.
