Antimony Resources Corp. Reports Presence of Antimony Bearing Stibnite Mineralization in Drill Core and on Surface
Antimony Resources Corp. (CSE: ATMY) (FSE: K8J0) Reports Presence of Massive Antimony
Bearing Stibnite Mineralization in Drill Core and on Surface.
Vancouver, Canada – May 21, 2025, Vancouver, BC, - Antimony Resources Corp. (CSE: ATMY) (FSE:
K8J0) (the “Company” or “Antimony Resources” or “ATMY”) reports that Mr. James Atkinson, P .
Geo., CEO of Antimony Resources Corp visited the drilling site at Bald Hill Project in New
Brunswick to observe the massive antimony bearing stibnite mineralization in drill core and in
surface exposures. Stibnite is an antimony bearing mineral commonly mined for antimony.
Recent cancellation of the export of antimony by China along with its rise in price has created a
push to find and mine this critical metal in Canada and the US.
Highlights –
Mineralization encountered in Drilling
1. A total of over 1600 meters of the proposed 2500-meter drilling program of drilling have
been completed to date.
2. Sections of massive stibnite and stibnite bearing breccia filling have been intersected in
approximately 80% of drill holes including BH-25-03, 04 and 05 as shown in the photos
below.
3. Antimony bearing mineralization has been discovered in surface outcroppings over a
distance of at least 300 meters (Photos and map).
4. Assays are pending and are expected in two to three weeks.
Drilling Highlights
The following photos show examples of the antimony mineralization. Note that the darker
sections contain massive, breccia filling and stringers of antimony bearing stibnite:
Photo 1: Drill Hole BH-25-03. Massive Antimony Bearing Stibnite Mineralization in Siltstone.
Note: Dark sections Contain Antimony Mineralization.
Photo 2: Drill Hole BH-12-04. Two Zones of Massive Antimony Bearing Stibnite Mineralization in
Followed by Breccia Containing Stibnite.
Photo 3: Drill Hole BH-25-05. Note that from 106 meters to 129 meters depth there is over 20
meters of Massive and Stibnite-bearing Breccia.
Prospecting Highlights
The prospecting efforts of our staff have identified zones of massive antimony bearing stibnite
mineralization on the surface which extend the potential for at least 200 meters to the
southeast from the present drill locations. Identification of the surface exposures together with
the model created for the mineralization (see Press Release Dated May 5, 2025) will assist in
focusing the continued drill program (Map 1 Photo 4).
Photo 4: Example of Surface Stibnite Occurrence
Jim Atkinson, P . Geo., CEO: “I recently visited the Bald Hill project and had an opportunity to see
the antimony mineralization we have intersected in the drilling so far in the Main Zone. It is very
impressive to see the actual zones of stibnite (Antimony) in the drill core. I also visited the area
of surface exposures and saw massive boulders and outcroppings of stibnite. The location of the
actual surface exposures of the antimony mineralized zone will allow more precise targeting of
our ongoing drilling. This mapping has allowed us to confirm the trend of the zones”
Bald Hill Antimony Project
Highlights from Past exploration
• Bald Hill is a well-known, high-grade antimony deposit in southern New Brunswick
• Past work including drilling has outlined an antimony deposit over 500 m. long
• Widths average over 3 meters and grades average 3% to 4% antimony.
• Historical NI-43-101 Technical Report: Potential quantity and grade of the drilled area,
which is the target of our exploration, is in the 725,000 to 1,000,000 tonne range
grading 4.11% to 5.32% Sb (~30,000 to 40,000 tonnes contained antimony)1
• Potential to expand based on additional known targets
The Bald Hill Property
The property is located approximately equal distance from Sussex, Fredericton and St John in
southern New Brunswick. Access is very good with provincial and regional highways crossing
and adjacent to the property. Drilling can be completed year-round. There is over 5400 meters
of drill core from past exploration available for examination in the Sussex office of the New
Brunswick Geological Survey. A total of 25 drillholes totaling over 5400 m have been completed
on the property.
The deposit consists of at least three antimony bearing breccias and hydrothermal veins zones
trending northwesterly. Mineralization has been defined over a 700-meter strike length to a
vertical depth of 300 meters and is open in all directions and to depth. High Grade antimony has
been encountered in previous drilling including the discovery Hole DDH08-03 which intersected
4.51m at a grade of 11.7% Antimony (Sb) including 2.29m grading 20.9% Sb.
A possible extension of the Main Zone was discovered in 2014. Trenching approximately 450
meters south of Main Zone returned values of 2.90% Sb over 8.18m, which included 5.79% Sb
over 1.75m and 8.47% over 1.53m. Drilling in this area confirmed the presence of antimony
bearing stibnite mineralization similar to the Main Zone which has not been sufficiently
explored.
The exploration plan in 2025 is to complete at least 2,500 meters of diamond drilling to explore
the known mineralized zone, extend the mineralization to the north and south and down dip and
expand parallel veins discovered in the past. It is hoped that the drilling will allow us to calculate
a Maiden Resource by the end of the year. An historical NI 43-101 technical report, prepared by
CRA in 20101, identified the potential for between 705,000 and 1,000,000 metric tonnes at an
average grade between 4% and 5% antimony ( Sb)1). - Antimony Resources Corp. has not
completed enough work to confirm this estimate. The potential quantity and grade are
conceptual in nature as there has been insufficient exploration to define a mineral resource and
it is uncertain if further exploration will result in the target being delineated as a mineral
resource.
The technical contents of this news release were reviewed and approved by Jim Atkinson, MSc.,
P .Geo., who is a qualified person as defined by National Instrument 43-101.
1 NATIONAL INSTRUMENT 43-101 TECHNICAL REPORT BALD HILL ANTIMONY PROJECT SOUTHERN NEW BRUNSWICK, CANADA
prepared by: Conestoga-Rovers & Associates MAY 2010 REF. NO. 070813 (1)
About Antimony Resources Corp. (CSE: AYMY) (FSE: K8J0)
Antimony Resources Corp. holds an option to acquire a 100% interest in two antimony projects
in New Brunswick – Bald Hill under option from Globex Mining Enterprises Inc. (GMX-TSX,
GLBXF-OTCQX, G1MN-FSE) and Antimony 2.0. The Bald Hill Project is the site of the current
drilling of the high-grade antimony deposit with mineralization defined over a distance of 500
meters and additional intersections of antimony for a further 1 km along strike.
Antimony Resources’ management team possesses extensive experience in financing,
exploration, development and mining. Antimony Resources intends to conduct exploration
campaigns on each of its optioned properties with a goal of finding one or more minable
resources. We are focused on becoming a significant North American producer of antimony.
www.antimonyresources.com
On Behalf of the Board of Directors
Jim Atkinson, CEO and President
For further information please contact:
Anthony Simone, President, Simone Capital Inc.
416-881-5154, [email protected]