Antimony Resources Corp. (CSE: ATMY) (FSE: K8J0) Reports Massive Antimony Bearing Stibnite – Drills 4.17% Sb over 7.40 meters Including Three Zones of Massive Antimony Bearing Stibnite which returned 28.8% Sb, 21.9% Sb, and 17.9% Sb Respectively
Antimony Resources Corp. (CSE: ATMY) (FSE: K8J0) Reports Massive Antimony Bearing
Stibnite – Drills 4.17% Sb over 7.40 meters Including Three Zones of Massive Antimony
Bearing Stibnite which returned 28.8% Sb, 21.9% Sb, and 17.9% Sb Respectively.
Highlights
Assays received
1. High-grade assays returned for Drill Holes BH-25-03 and BH-25-04
2. Drill Hole BH-25-04 returned 4.17% Sb over 7.40 meters at a depth of 106.6 to 114.0
meters including three zones of massive Stibnite which returned 28.8% Sb, 21.9 % Sb,
and 17.9% Sb respectively
3. Drill Hole BH-25-03 returned 2.76% Antimony (Sb) over 2.8 meters from 78.2 m to 81.0
meters (m) depth including 19.0% Sb from 78.2 m to 78.6 m depth.
4. Drilling continues towards an expanded total of 2700 meters.
Vancouver, Canada – July 2, 2025, Vancouver, BC, - Antimony Resources Corp. (CSE: ATMY)
(FSE: K8J0) (the “Company” or “Antimony Resources” or “ATMY”) reports that the first assays
have been received from the laboratory for samples from drilling at Bald Hill Antimony Project
in New Brunswick for four of the initial drill holes.
Additional Drill Holes completed
1. Ten additional drillholes have been completed to date and sections of massive
antimony stibnite and stibnite bearing breccia-filling have been intersected in the
drill holes. Samples have been submitted to the laboratory for assay.
2. The antimony bearing mineralization has been outlined in surface outcroppings over
a distance of at least 300 meters to the southeast beyond the original drilling.
3. Assays are pending and are expected for the next set of drill holes in two to three
weeks. Additional assays will be seen as the laboratory completes the analysis, and
the company receives the results.
Drilling Highlights
Drill holes BH-25-01 and BH-25-02 did not reach the target before the holes were abandoned. It
was determined that the drilling did not reach the target mineralization. Additional drilling and
information gathered by prospecting and mapping the newly discovered surface occurrences
indicated that these drillholes had ended short of the mineralized zone. The location of these
drill holes was retested with longer dill holes BH-25-08 and BH-25-09 both of which intersected
zones of massive Antimony stibnite mineralization.
The location of the drill holes and surface occurrences are shown on Figure 1 below:
Figure 1: Drillhole Locations on the Bald Hill Antimony Main Zone. Note the location of drill
holes BH-15-03 and BH-25-04 and the location of BH-25-08 and 09 which targeted the
abandoned holes BH-25-01 and 02.
The following photos show examples of the massive antimony mineralization encountered in
Drill Holes BH-25-03 and BH-25-04. Note that the darker sections contain massive, breccia filling
and stringers of antimony bearing stibnite.
Photo 1: Mineralized Section in Drill Hole BH-25-03
Photo 2: Mineralized Section in Drill Hole BH-25-04
The mineralization encountered is described as consisting of massive antimony stibnite, stibnite
veins and stibnite bearing breccia. The breccia contains fragments of the enclosing rocks –
metasediments and metavolcanics.
On surface the vein/breccia system strikes NNW and dips vertically to steeply to the southwest.
The rock unites in the area strike to the northeast with the situation that the Stibnite-bearing
structures cut across the surrounding units at a very oblique angle. Mineralization is
surrounded by alteration consisting of sericite, quartz and carbonate.
Detailed assay results
Massive antimony stibnite that was intersected in the drilling is reflected in the assay results.
Table 1 contains the summary of assays for drillhole BH-25-03.
Table 1: Drill Hole BH-25-03 Summary
From (m) To (m) Length (m) Sb % Au g/t As %
78.2 81 2.8 2.76 0.52 1.26
Including
From (m) to Length Sb % Au g/t As %
78.2 78.6 0.4 19.0 0.583 .0.5
Table 2 contains the details of the mineralized section in drillhole BH-25-03. The relationship of
gold to the antimony values is not as strong as in drillhole BH-25-04, however the gold values
include up to 2.15 grams per tonne in locations adjacent to the stibnite mineralization giving
the section a slightly higher gold content.
Table 2: Drill Hole BH-25-03 Assay Results
From
(m)
To
(m)
Length
(m)
Au
(ppb)
Au
(g/t)
Sb
(ppm)
Sb
(%)
As
(ppm)
As
(%)
78.20 78.60 0.40 583 0.583 > 10000 19.00 499
78.60 79.25 0.65 1280 1.28 1280 > 10000 3.97
79.25 79.60 0.35 453 0.453 180 > 10000 1.13
79.60 80.00 0.40 2150 2.15 685 > 10000 4.33
80.00 81.00 1.00 565 0.565 215 > 10000 1.63
The assay results for drillhole BH-25-04 are contained on Table 3 below which shows the
summary of assays.
Table 3: Drill Hole BH-25-04 Summary
From (m) To (m) Length (m) Sb % Au g/t As %
106.60 114.00 7.40 4.17 0.39 0.83
Including
From to Length Sb % Au g/t As %
111.50 114.00 2.50 7.43 0.88 2.14
Table 4 contains the details of the mineralized sections for drill hole BH-25-04 with three high-
grade zones are seen at depths of 107.3 m, 110.0 m and 111.5 m. The overall gold values for
this section are less than those seen in BH-25-03 but the relationship between gold and
antimony is more clear with highly anomalous gold values associated with the higher antimony
values.
Table 4:BH-25-04 Assay Results
From (m) To (m) Length (m) Au (ppb) Sb (ppm)
Sb
(%) As (ppm)
As
(%)
106.60 107.30 0.70 26 488 3560
107.30 107.80 0.50 593 > 10000 28.8 225
107.80 108.80 1.00 5 258 32
108.80 109.35 0.55 5 109 17
109.35 110.00 0.65 5 2610 59
110.00 110.40 0.40 543 > 10000 21.9 109
110.40 111.00 0.60 205 172 4870
111.00 111.50 0.50 241 110 4610
111.50 111.90 0.40 259 > 10000 17.9 81
111.90 112.50 0.60 2070 468 > 10000 4.4
112.50 113.00 0.50 1320 339 > 10000 5.34
113.00 114.00 1.00 76 2240 471
The measured drill hole intersections may not represent true widths which have not yet been
accurately determined but are estimated to be between 75% and 80% of the intersected
lengths.
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) has assisted in
focusing the continued drill program (Map 1 Photo 3).
Photo 3: Example of Surface Stibnite Occurrence
Jim Atkinson, P . Geo., CEO of Antimony Resources Corp stated: “I am very pleased with the
assays returned for drillholes BH-25-03 and BH-25-04. The shortfall of the first two drillholes
was disappointing but we have better identified the location of the mineralization with each
successive drill hole and the surface mapping and have retargeted the area of drillholes 1 and 2
with additional drill holes to intersect the Zone. We are anxiously awaiting the next batch of
assays. As the drilling progressed batches of samples were submitted to the laboratory on a
regular basis, which should mean a continuous flow of results over the next couple of months.
The results obtained in these first sample have increased our confidence in the validity of the
previous drilling results and will assist in establishing the drill hole density we will need for a
Resource.”
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 Antimony 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.
Sampling Procedures - Quality Assurance/Quality Control
Analytical services were provided by Actlabs, which is an independent, CALA- and SCC-
accredited analytical services firm registered to ISO 17025 and ISO 9001 standard. NQ drill
core samples were logged and split in half with a diamond core saw. Half-core samples were
securely stored at the core logging facility until being delivered to Actlabs Fredericton lab
by staff of ATMY. Samples were crushed (< 7 kg) up to 90% passing 2mm (10 mesh), riffle
split to 250 g and pulverized by mild steel to 95% passing 105μm (150 mesh). Samples splits
underwent a 4-acid near total digestion followed by a multi-element analysis, including base
metals, using an ICP method for 35 elements. Result over the detection limits were rerun
using assay techniques.
Antimony Resources conducted a comprehensive QA/QC program for the analysis
comprising approximately 20% for each batch including: one sample of certified reference
material, one sample duplicate of split core, one pulp duplicate taken at the lab and one
blank sample for each batch of 25 samples.
The Laboratory also completed QA/QC procedures including duplicates, method blanks and
standards. An additional 13% QA/QC was performed as part of the instrumental analysis to
ensure quality in the areas of instrumental drift.
About Antimony Resources Corp. (CSE: AYMY) (FSE: K8J0)
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)
Antimony Resources Corp. is a exploration and development company focused exclusively on
Antimony. The Company’s management team possesses extensive experience in financing,
exploration, development and mining. The Company is 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]