Antimony Resources Races the Clock at Bald Hill as Stock Drops 40% Despite Record Drilling
23.05.2026 - 12:43:42 | boerse-global.de
Investors are watching the calendar as closely as the drilling rigs at Antimony Resources. On 27 November 2026, China’s temporary suspension of export controls on strategic metals is set to expire, and the junior explorer is betting that a rapid expansion at its Bald Hill project in New Brunswick will position it as a North American alternative when supply tightens. But the stock market, for now, is not buying the momentum: shares have fallen roughly 40% from their monthly high, even as the company reports some of the strongest drill intercepts in the project’s history.
Assay results released in mid-May highlighted the deepening potential at Bald Hill. The first three holes returned antimony grades of 8.1% and 13.9% in stibnite-bearing core over widths of up to 6.2 metres, with mineralization traced as deep as 495 metres. A follow-up batch on 13 May delivered even higher grades: hole BH-26-10 cut 26.9% antimony over 15 metres and exposed two separate zones of mineralization below 350 metres, pointing to a deposit that continues to strengthen at depth. The company has already completed 77 holes for more than 25,000 metres since the program kicked off in April 2025.
Management has now shifted from definition drilling to full-scale resource expansion. A new 19,000-metre campaign for the second and third quarters allocates 13,000 metres to the Main Zone and 6,000 metres to three newly defined targets. Regional soil sampling across the 37-square-kilometre claim package has turned up three anomalous areas enriched in antimony, including a block of ground three kilometres south of the Main Zone where samples exceeded 450 parts per million. Geologists note the absence of typical pathfinder metals such as gold or copper, reinforcing the view that the source is pure antimony — a critical distinction for processing economics.
Should investors sell immediately? Or is it worth buying Antimony Resources?
The market response has been anything but consistent. On a weekly basis the stock lost 21%, and the monthly deficit stands at roughly 40% from the near-term peak. On Friday, however, the shares bounced more than 20% to close at C$0.98. The 52-week range stretches from C$0.09 to C$1.65 — the all-time high reached on 17 March 2026 — and the stock still trades roughly 880% above its year-ago level. One analyst rates the shares a Buy with a C$3.00 target, underscoring the gap between current valuation and the project’s potential.
That potential hinges on the November deadline. Both the United States and the European Union classify antimony as a critical mineral, and global demand from the photovoltaic sector alone has surged approximately 330% since 2020. The market has been in structural deficit since 2022. Antimony Resources is aiming to file a formal mine permit application by late 2026 or early 2027, and management has begun preliminary discussions with potential off-take partners. The conceptual resource target of 2.7 million tonnes of ore remains to be proven, but the drilling results so far suggest the Bald Hill system has room to grow — and the clock is ticking.
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