Antimony Resources Puts 19,000 Metres Into the Ground as Bald Hill Resource Countdown Begins
08.05.2026 - 13:43:29 | boerse-global.de
The clock is ticking toward a defining moment at Bald Hill. Antimony Resources has secured formal approval from property optionor Globex Mining to launch a 19,000-metre drill campaign that will test both the known limits of the Main Zone and three newly identified satellite targets in New Brunswick.
The bulk of the programme — 13,000 metres — is earmarked for the Main Zone, where the company aims to push mineralization deeper and extend it along strike. The remaining 6,000 metres will target the Marcus, BH Central and BH South satellite zones, which are already yielding encouraging early results. At Marcus West, stibnite outcrops have shown widths of up to 11 metres, while trench samples at BH Central, located roughly 150 metres south of the Main Zone, returned 2.8% antimony over 8.1 metres.
Since drilling began in April 2025, Antimony Resources has completed 25,000 metres across 77 holes. The Main Zone now extends more than 600 metres along strike and reaches depths of 400 metres, with average zone widths of four to five metres and antimony grades ranging from 3% to 4%. The company’s 3D geological model indicates the zone remains open in all directions, leaving room for further upside.
Resource Estimate Looms as the Real Catalyst
While the drilling itself is significant, the market’s attention is fixed on a separate deliverable. SRK Consultants, the Toronto-based advisory firm, is finalizing the project’s first NI 43-101-compliant mineral resource estimate, originally slated for late April or early May 2026. A previous technical report outlined a conceptual exploration target of roughly 2.7 million tonnes grading 3% to 4% antimony — but that figure remains a directional guide, not a certified resource. The upcoming SRK report will change that.
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Parallel to the technical work, the permitting process is advancing. GEMTEC Consulting Engineers and Scientists was brought on in April to develop a full regulatory roadmap, and initial discussions with the New Brunswick provincial government are already underway. The province has signaled active support, having announced its own critical minerals strategy. Environmental studies are scheduled to begin this spring.
A Market Built on Deficit
The strategic backdrop gives Bald Hill added weight. Both the United States and the European Union classify antimony as a critical mineral, and the global market has been in structural supply deficit since 2022. A major driver has been the solar industry: photovoltaic-sector consumption surged more than 300% over the past four years, with 2024 demand roughly 330% above levels seen in 2020.
Geopolitical tensions remain a wild card. China recently suspended its export restrictions on critical minerals to the US, but that reprieve is only guaranteed through the end of November 2026. What happens after that is uncertain.
Antimony Resources at a turning point? This analysis reveals what investors need to know now.
For now, Antimony Resources is racing to convert expectation into hard data. The 19,000-metre programme will soon deliver fresh drill results, but the single most important catalyst remains the SRK resource estimate. Once that report lands, the conversation around Bald Hill shifts from what might be to what is.
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