Antimony Resources Ramps Up Bald Hill With 19,000-Metre Drill Campaign

Antimony Resources is set to launch its most ambitious exploration push yet at the Bald Hill Antimony Project in New Brunswick, with a 19,000-metre drilling campaign scheduled to begin in the second week of May. The programme marks a significant escalation from the recent definition drilling phase and targets both depth extensions and new satellite zones.

The bulk of the metres — 13,000 — will be directed at the Main Zone, which currently spans more than 600 metres along strike and extends to 350 metres depth, with average widths of four to five metres and antimony grades of roughly 3 to 4 percent. The company has already completed 43 holes totalling over 13,000 metres in this area, and an updated 3D model suggests the mineralisation remains open in all directions, locally reaching beyond 400 metres depth. The new drilling aims to push those boundaries further.

The remaining 6,000 metres will test three newly identified satellite targets surrounding the Main Zone: the Marcus Zone, the Central Zone and the South Zone. At the Marcus West Zone, stibnite outcrops have been observed with widths of up to 11 metres. Trench sampling at the BH Central Zone, roughly 150 metres south of the Main Zone, returned 2.8 percent antimony over 8.1 metres. These results reinforce the hypothesis that the broader property could host significantly more tonnage than currently defined.

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A conceptual exploration target outlined in an earlier technical report estimated roughly 2.7 million tonnes at 3 to 4 percent antimony — a guideline for ongoing exploration rather than a confirmed resource. Meanwhile, SRK Consultants of Toronto is working on the first certified NI 43-101 mineral resource estimate, with publication originally slated for late April or early May 2026.

Since April 2025, Antimony Resources has completed more than 25,000 metres across 77 drill holes. Over 1,500 core samples are awaiting assay results, with the first batch expected during May 2026. On the permitting front, engineering firm GEMTEC has been developing a regulatory roadmap since early April. Initial discussions with the New Brunswick provincial government have begun, and baseline environmental studies are scheduled to start this spring. The province has adopted a critical minerals strategy and has signalled active support for suitable projects. The company plans to submit a production permit application between the fourth quarter of 2026 and the first quarter of 2027.

Regional exploration is also advancing across 37 square kilometres of the property. Soil sampling on the Second Run claims, roughly three kilometres south of the main deposit, has identified three separate anomalies, adding to the evidence that the project's footprint may extend well beyond the currently defined zones.

The strategic backdrop for antimony remains supportive. Classified as a critical mineral in both the US and the EU, the metal hit an all-time high of nearly $60,000 per tonne on 4 July 2025. The current price of around $51,800 per tonne still stands more than 170 percent above levels seen at the start of 2024. China has temporarily suspended its export restrictions on critical minerals to the US until November 2026, while the solar sector — whose antimony consumption in 2024 was roughly 330 percent above levels from four years earlier — continues to drive structural demand growth. For Western exploration projects with tangible resource potential, the market environment remains distinctly favourable.

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