Antimony Resources Corp. (CSE: ATMY) (OTCQB: ATMYF) (FSE: K8J0) Announces Work On Maiden Mineral Resource Estimate – Hires SRK Consultants
Antimony Resources Corp. (CSE: ATMY) (OTCQB: ATMYF) (FSE: K8J0) Announces
Work On Maiden Mineral Resource Estimate – Hires SRK Consultants
Vancouver, Canada – March 17, 2026 - Antimony Resources Corp. (CSE: ATMY)
(OTCQB: ATMYF) (FSE: K8J0) (the “Company” or “Antimony Resources” or “ATMY”)
is pleased to announce it is taking significant steps towards the determination of a
Maiden Mineral Resource Estimate (“MRE”) for the Bald Hill Antimony Deposit in
New Brunswick, Canada.
The first step is to complete a 10,000 -meter program of definition drilling on the
Main Zone. The aim is to have detailed drill density sufficient to estimate the
mineral resource. The goal is approximately 50 meters spacing between drill
intersections in th e mineralized zone. It is thought that this will be sufficiently
detailed to give Consulting Resource Geologists confidence in the continuity of the
mineralization for the MRE.
There are three drills working onsite at present to complete this task and
approximately 5,000 meters of drilling have been completed. The remaining
definition drilling program is expected to be completed by the end of April. Final
assays of mineralized samples from the definition drilling are expected to be
received 3 to 4 weeks after the end of the drilling.
The proposed drilling is shown in Figure 1.
Figure 1: Detailed Drill Layout for Definition Drilling.
The second step is to hire knowledgeable and qualified consultants. ATMY has
contracted SRK Consultants of Toronto to assist and advise on this process and to
complete the MRE. SRK has Qualified Persons with experience in Mineral Resource
Estimation for similar antimony deposits , having recently completed a resource
calculation and audit on the former producing Beaverbrook Deposit in
Newfoundland, a similar antimony deposit . SRK Consultants work with Mining &
Exploration, Government & Financial Institutions, provide engineering and
construction and develop innovative, practical solutions through the full mining
lifecycle. They are impartial and independent of ATMY.
The third and concomitant step is to develop a 3 -D model of mineralization. This
will be an on-going effort with each new intersection of mineralization added to
the database so the model can be updated regularly. The purpose of the model will
be to assist in the determination of the MRE and to aid in the development of drill
targets during the definition drilling . The 3 -D model is being developed using the
model initiated previously by Orix. Using the model the ATMY geology staff can
better focus the drilling in areas where data is needed. Figure 2 is a longitudinal
section of the mineralized zone from the model shown below:
Figure 2: Long Section Model of Mineralization as of March 13, 2026.
Note: Definition Drilling will be concentrated in the area outlined in the Main
Zone
Mr. Jim Atkinson, P. GEO., CEO of Antimony Resources commented: “We are very
pleased to be able to contract with SRK for the development of a Mineral Resource.
Their advice and expertise will be invaluable as we proceed toward this significant
step in the development of the Bald Hill Antimony Deposit. We are excited as well
to complete the remaining meters of drilling for the Definition Phase of the
program. Our Field crews and on-site staff have been successful in identifying new
area of antimony -bearing stibnite. Our 2026 exploration program will further
explore these areas.”
About Bald Hill Antimony Project
Highlights
• Bald Hill is a well-known, high-grade antimony deposit in southern New
Brunswick, Canada.
• This is a Property with District-Scale Potential. Antimony Resources is not just
exploring a single deposit.
• Drilling has outlined an antimony deposit in the Main Zone over 700 meters
long and to a depth of at least 350 meters
• Widths of mineralization average 3 to 4 meters and grades average 3% to
4% antimony.
• The Bald Hill property now covers more than 2,000 hectares, following the
addition of new claims surrounding the original project. At least three
additional occurrences of stibnite have been identified outside the Main
Zone.
• NI-43-101 Technical Report: The estimated potential quantity and grade of
the drilled area from the 2025 Technical Report, which is the target of our
exploration, as reported in the Technical Report is approximately 2.7 million
tonnes with a grade between 3% and 4% antimony1 . For more details on
the Potential of the project as described by the author of the Technical
Report please consult the NI43-101 which has been filed on SEDAR.
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.
• Potential to expand based on recently discovered targets and additional
claims added to the property to the west, south and east.
(1) NATIONAL INSTRUMENT 43-101 TECHNICAL REPORT: BALD HILL
ANTIMONY PROJECT SOUTHERN NEW BRUNSWICK, CANADA NTS 21G/09
Prepared for Antimony Resources March 2, 2026. Prepared By John
Langton, M.Sc., P . GEO., - JPL GeoServices, Fredericton, New Brunswick,
Canada.
The technical contents of this news release were reviewed and approved by Jim
Atkinson, MSc., P . Geo., President and CEO of Antimony Resources Corp. who is a
qualified person as defined by National Instrument 43-101.
About Antimony Resources Corp. (CSE: ATMY) (OTCQB: ATMYF) (FSE: K8J0)
Antimony Resources Corp. is an 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.ca
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]