Antimony Resources Accelerates Bald Hill as Critical Mineral Demand Intensifies

The race for antimony is heating up, and Antimony Resources is putting metal to the ground at its Bald Hill project in New Brunswick with a 19,000-metre drill campaign set to begin in the second week of May. The company is working on multiple fronts simultaneously — expanding known zones, testing new discoveries, and advancing the permitting process — all while the market for the strategic mineral tightens.

Of the total metreage, 13,000 metres will target extensions of the Main Zone, where mineralisation remains open in all directions. The remaining 6,000 metres are earmarked for three newly identified satellite zones — Marcus, BH Central and BH South — that have already delivered encouraging surface results. Trench samples from BH Central, located roughly 150 metres south of the Main Zone, returned 2.8 percent antimony over 8.1 metres. At Marcus West, stibnite outcrops show widths of up to 11 metres.

The Main Zone itself now extends over more than 600 metres of strike length and reaches depths of 400 metres, with average zone widths of four to five metres and antimony grades around 3 to 4 percent. Since April 2025, Antimony Resources has drilled 25,000 metres across 77 holes at Bald Hill. The project area has grown to 37 square kilometres.

Resource estimate looms as key catalyst

The immediate milestone is the first certified mineral resource estimate under NI 43-101 standards, being prepared by SRK Consultants of Toronto. Originally slated for late April or early May 2026, the estimate is now expected within May. A previous technical report outlined a conceptual exploration target of roughly 2.7 million tonnes grading 3 to 4 percent antimony — though that figure remains unconfirmed and directional rather than a declared resource.

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Once SRK delivers its report, the discussion around Bald Hill shifts from expectation to evidence. Until then, the project’s valuation rests on potential rather than proven tonnage.

Permitting path takes shape alongside drilling

Antimony Resources launched the permitting process in April, engaging GEMTEC Consulting Engineers and Scientists to develop a full regulatory roadmap. Initial discussions with the provincial government of New Brunswick have already taken place, and the province has signalled active support through its own critical minerals strategy. The company aims to submit a formal permit application by the fourth quarter of 2026.

Management is also laying groundwork for offtake agreements, with preliminary talks underway for future antimony sales. Globex Mining, the optionor of the property, has confirmed the new drill programme.

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Geopolitical tailwinds sharpen the timeline

The urgency behind the schedule is no accident. China’s temporary suspension of export restrictions on critical minerals to the United States runs until the end of November 2026 — after which the policy could shift again. The global antimony market has been in a structural supply deficit since 2022, and demand from the photovoltaic sector alone was roughly 330 percent higher in 2024 than four years earlier.

Antimony is classified as a critical mineral by both the US and the EU, and the combination of fragile supply chains and rising consumption from solar and defence industries gives projects like Bald Hill a strategic edge. The resource estimate due this month will provide the first hard data foundation for the project — and the clock is ticking toward the permit application deadline.

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