Antimony, Resources

Antimony Resources Expands Exploration Efforts at Bald Hill Project

30.03.2026 - 08:25:28 | boerse-global.de

Antimony Resources confirms growth of Marcus (West) Zone and targets Central Zone at Bald Hill, backed by a CAD 3M 2026 budget and a strengthened land package exceeding 2,000 hectares.

Antimony Resources Expands Exploration Efforts at Bald Hill Project - Foto: über boerse-global.de
Antimony Resources Expands Exploration Efforts at Bald Hill Project - Foto: über boerse-global.de

Antimony Resources is advancing its exploration campaign on two key fronts at the Bald Hill property in New Brunswick. The company confirmed on March 26 that the Marcus (West) Zone continues to grow, while simultaneously identifying the Central Zone as the next priority target for investigation.

Exploration Budget and Land Package Strengthened

The company's exploration program for 2026 is supported by a budget of approximately CAD 3 million. Financing is firmly in place, following a December 2025 capital raise that secured roughly CAD 9.5 million, supplemented by an additional CAD 1.2 million from warrant exercises. Antimony Resources has significantly expanded its land position, which now encompasses over 2,000 hectares. This growth results from new claims staked to the west, south, and east of the original project area. The company is currently evaluating geophysical airborne survey data to better define known mineralization and pinpoint new prospective targets.

Drilling Progress and Regulatory Clarification

Meanwhile, the ongoing definition drilling program on the Main Zone is approximately 65% complete. Two drill rigs have collectively completed about 6,500 meters of a planned 10,000-meter campaign. The known deposit boasts a strike length of 700 meters and extends to a depth of at least 350 meters, remaining open in all directions. The mineralization typically assays between 3% and 4% antimony across widths of 3 to 4 meters.

Should investors sell immediately? Or is it worth buying Antimony Resources?

Investors should note a specific regulatory detail. A technical report dated November 7, 2025, does not contain a NI 43-101 compliant resource estimate following a review by the British Columbia Securities Commission (BCSC). An updated report prepared by JPL GeoServices is slated for publication on SEDAR+ once the BCSC's review process concludes.

Marcus (West) Zone Extension Confirmed

Recent trenching activity approximately 30 meters south of the initial discovery block has exposed additional massive stibnite ore in bedrock. These results confirm the mineralized zone now extends continuously for roughly 80 meters. The Marcus (West) Zone was first identified in January 2026 during road construction west of the Main Zone, in an area that had not previously undergone systematic exploration.

Central Zone Emerges as Next Priority

With the lateral extension of the Marcus (West) Zone now established, the exploration team is shifting its immediate surface focus to the Central Zone, located south of the Main Zone. Historical data from 2010 for this area indicates a grade of 2.90% antimony over 8.18 meters, including a high-grade interval of 8.47% antimony over 1.53 meters. The company plans to initiate trenching and sampling work to clarify the near-surface geology before commencing a drill program.

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