Antimony Resources Corp. Reports 1.88 g/t Gold at Bald Hill Main Zone
2026-07-04 10:23
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en.Wedoany.com Reported - Antimony Resources Corp. (CSE: ATMY, OTCQB: ATMYF, FSE: K8J0) reports that gold grade evaluation of drill core samples from the main antimony zone at the Bald Hill property in New Brunswick indicates significant gold content within the mineralized zone. The Bald Hill property is currently optioned by Antimony Resources Corp. from Globex Mining Enterprises Inc. (TSX: GMX, Frankfurt and other exchanges: G1MN, OTCQX International: GLBXF). Analytical samples were taken from approximately 190 intercepts from over 45 completed drill holes in the main zone, with only intercepts showing gold grades greater than 0.5 g/t listed.

Highlights of gold grade assays include: gold discovered in drill core sample assays from the main zone; samples collected from over 45 drill holes yielded an average gold grade of 1.14 g/t with an average intercept thickness of 2.56 meters, with the highest grade of 1.88 g/t corresponding to an intercept thickness of 4.95 meters. Antimony Resources Corp. utilized artificial intelligence to study the existing assay database to determine the distribution and range of gold grades in drill core samples. Gold mineralization exists within the main zone defined by antimony mineralization, with gold grades occurring both in areas of high antimony grades and in areas separate from high antimony grades, typically in samples near the antimony-bearing zone. The value of Antimony Resources Corp.'s database management system and the application of artificial intelligence have been validated and will continue to be an important aspect of ongoing exploration at Bald Hill.

Table 1 in Antimony Resources Corp.'s June 29, 2026 news release lists higher-grade assay values, accompanied by antimony and arsenic values for comparison. There appears to be a strong correlation between high antimony grades and higher gold grades. Antimony Resources Corp. stated that the main zone remains open to the north and south and appears to extend into the central zone area, where high-grade stibnite and gold mineralization were discovered in trench surface sampling (see Antimony Resources Corp.'s June 25, 2026 news release). The known extent of antimony mineralization has been defined over more than 1,000 meters at surface, and gold has been detected over more than 600 meters in drilling to date in the main zone. Grab samples from the central zone yielded gold grades exceeding 4 g/t.

Drilling is currently underway to expand the main zone to the northwest and southeast. Drilling at the central zone has also commenced, with over 2,000 meters completed to date. Preliminary logging of drill core from the central zone has identified antimony-bearing stibnite in breccia, similar to the main zone, with intercept widths up to 37 meters. Assays for the first batch of samples from central zone drilling are being completed at Actlabs, with results expected within 3 to 4 weeks. Antimony Resources Corp. reports that there are also indications of gold mineralization potential in this area (see Antimony Resources Corp.'s June 25, 2026 news release).

Plans for the remainder of 2026 at the large Bald Hill property (over 3,700 hectares) include exploration of claim areas outside the main zone. Antimony Resources Corp. stated that significant areas of the property remain to be investigated, but initial soil sampling in the southern claim area of the main zone has identified three antimony anomaly zones in soil (SR1 to SR3). The next phase of exploration will include airborne magnetic and electromagnetic surveys, soil sampling, geological mapping and sampling, with further trenching in areas of interest and drilling as warranted.

Globex President and Chief Operating Officer, P.Geo. David Christie, as the qualified person under NI 43-101, prepared the information forming the basis of this written disclosure using information from Antimony Resources Corp.'s June 29, 2026 news release.

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