Antimony Resources Corp. (CNSX: ATMY) (OTCMKTS: ATMYF) (FSE: K8J0) plans to launch a major new exploration campaign this month at its Bald Hill Antimony Project in New Brunswick after completing more than 25,000 metres of drilling since last spring.
The company said crews will begin the next phase during the second week of May. The expanded effort will target resource growth, technical studies and permitting work across a property now spanning 37 square kilometres.
Antimony Resources completed 77 drill holes since April 2025. Additionally, 43 recent holes accounted for more than 13,000 metres of drilling during the latest definition program.
The company focused most drilling on the Bald Hill Main Zone. Furthermore, crews extended known antimony mineralization both north and south along strike.
Management now intends to expand drilling beyond the existing deposit area. The upcoming program includes 13,000 metres of additional drilling at the Main Zone and another 6,000 metres across three recently identified targets.
Those newer areas include the Marcus Zone, BH Central Zone and BH South Zone. Meanwhile, trenching work exposed additional antimony-bearing stibnite mineralization at each location.
The company plans to drill all three zones during the next campaign. In addition, management said the targets sit close to the existing deposit and remain easily accessible for exploration crews.
Antimony Resources also expanded the project footprint through the acquisition of the Second Run claims south of Bald Hill. Soil sampling there identified three separate antimony anomalies roughly three kilometres from the main deposit area.
One anomaly remains open and poorly defined. Consequently, the company plans additional soil sampling and regional exploration work during the second and third quarters.
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Company has submitted over 1,500 drill core samples
The broader field campaign will include mapping, prospecting, trenching and property-wide soil surveys. Additionally, crews expect to collect more than 1,500 soil samples across the enlarged land package.
Management said the exploration strategy aims to evaluate the property’s broader mineral potential while reducing technical uncertainty surrounding future development.
The company has already submitted more than 1,500 drill core samples for laboratory analysis. However, Antimony Resources does not expect to receive assay results until later this month.
Beyond exploration drilling, the company plans several technical and environmental studies tied to future permitting efforts. Furthermore, Antimony Resources will use three-dimensional modelling and computer analysis to evaluate the continuity and scale of the mineralized zones.
The company also intends to complete metallurgical testing on Bald Hill mineralization. Those studies will examine how efficiently future operators could process and recover antimony from the deposit.
Environmental baseline work will continue alongside discussions with First Nations groups, local stakeholders and the New Brunswick government. Additionally, management plans to advance technical studies needed for permitting applications.
Consulting firm SRK will conduct a technical gap analysis for the project. The review will identify issues that could affect development timelines, permitting or long-term economic viability.
Antimony Resources also plans to evaluate several possible mine and infrastructure configurations. Meanwhile, management intends to study potential development scenarios before finalizing future project plans.
The company expects to complete a formal permit application by late 2026 or early 2027. In addition, Antimony Resources plans to engage metal marketing companies regarding possible off-take agreements tied to future production.
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Interest in antimony has grown over the past few years
Global demand for antimony has risen sharply in recent years because the metal supports military equipment, semiconductors, batteries and flame-retardant products. Consequently, western governments and manufacturers have increasingly sought domestic sources of supply outside China.
Antimony Resources said the Bald Hill project could eventually contribute to that broader supply diversification effort as exploration advances through 2026.
American interest in antimony has intensified over the past two years as Washington pushes to secure domestic supplies of critical minerals tied to defence manufacturing and advanced technology. Antimony plays an important role in ammunition, batteries, semiconductors, infrared sensors and flame-retardant materials. However, the United States still imports most of its supply from foreign sources.
Concern accelerated after China tightened export controls on antimony shipments in late 2024. Consequently, U.S. officials and mining companies began advancing domestic projects aimed at reducing long-term dependence on overseas suppliers.
Several companies have already moved aggressively into the sector. United States Antimony Corp (NYSE: UAMY) recently secured a USD$27 million Defense Production Act investment from the U.S. Department of War to expand refining and processing capacity in Montana. Additionally, the company has pursued vertical integration efforts tied to mining projects in Alaska and Montana.
NevGold Corp (CVE: NAU) (OTCMKTS: NAUFF) (FRA: 5E50) has also emerged as part of the broader domestic antimony push through its Limousine Butte project options in Nevada. The company has increasingly emphasized antimony potential alongside the project’s gold mineralization as investors and governments seek additional North American supply sources.
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