Antimony Resources Accelerates Bald Hill Development With Triple-Rig Campaign and High-Grade Strike
25.05.2026 - 12:44:25 | boerse-global.de
China’s stranglehold on antimony exports is forcing Western defence and electronics supply chains to scramble for alternatives. Antimony Resources is positioning itself as a credible answer, and the latest drilling results from its Bald Hill project in New Brunswick suggest the geology is cooperating. The company reported core intervals grading up to 26.9% antimony in mid-May, nearly double the previous best of 14% and well above the 6.9% intercepted in other holes. Such grades, combined with simple stibnite metallurgy, point to potentially low-cost extraction if the project moves into production.
The explorer is now running three drill rigs simultaneously on a 19,000-metre programme that has already opened a new front. Field crews recently identified the Marcus West zone, a westward-trending structure featuring massive stibnite outcrops up to 11 metres thick. That discovery extends the mineralised footprint well beyond the main zone, which has already been traced to 400 metres depth and remains open in all directions. Of the total metreage, 13,000 is earmarked for expanding that main zone, while the remaining 6,000 targets three newly defined exploration areas: Marcus, BH Central and BH South.
Regional work has also expanded the project’s reach. About three kilometres south of the main zone, soil samples on the recently acquired Second Run claims returned antimony values 40 times the regional background. That prompted management to grow the total land package to 37 square kilometres. All data is being fed into a 3D geological model, with the goal of submitting an environmental impact assessment (EIA) by late 2026 or early 2027. Metallurgical and environmental studies are already underway.
Should investors sell immediately? Or is it worth buying Antimony Resources?
Antimony Resources has also strengthened its balance sheet to finance the push. Cash stood at C$8.24 million at the end of February 2026, up from C$1.75 million in August 2025, after a financing round netted roughly C$8.70 million. The stock currently trades around C$0.83, but GBC AG has reiterated a price target of C$3.00 and a buy rating. Analysts point to the strategic imperative of domestic antimony supply as China tightens export controls — antimony is essential for armour-piercing ammunition, night-vision devices and infrared sensors, and both the US and EU classify it as a critical mineral.
Still, production remains a distant milestone. The estimated capital cost for Bald Hill is roughly C$200 million, and securing that funding will depend on the EIA’s timely submission and subsequent permitting. Whether the company can hit the late-2026 deadline for the assessment will be the next major catalyst for the stock. If the high grades now showing up in new zones translate into a robust resource, Antimony Resources could become a meaningful Western alternative in a metal market that Washington and Brussels are desperate to secure.
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