Churchill Reports Very High-Grade Results of 35.1% and 29.7% Antimony and 14.4 g/t Gold at the Black Raven Past-Producers, Central Newfoundland

Core Insights - Churchill Resources Inc. announced high-grade assay results from due-diligence sampling at the Frost Cove Antimony mine and Stewart Gold mine, with antimony grades of 35.1% and 29.7%, and gold grades of 14.4 g/t, exceeding laboratory detection limits [1][3] - The Frost Cove antimony veins have been traced over 800 meters on the surface, with historical samples indicating significant antimony concentrations, positioning it among the highest-grade antimony projects globally [3] - The company is initiating a summer surface exploration program to further investigate the Frost Cove and Stewart mines, including trenching, channel sampling, and systematic mapping [3] Company Overview - Churchill Resources focuses on strategic critical minerals in Canada, particularly at its Black Raven property, which includes the Frost Cove Antimony Mine and Stewart Gold-Antimony Mine [15] - The Black Raven Property consists of nine map-staked licenses covering 3,125 hectares, with a 4 km area of interest agreed upon with vendors [9] - The company has the potential for year-round exploration in a favorable jurisdiction, which could lead to rapid project development [3] Industry Context - Antimony is classified as a critical mineral, essential for national security and modern technology, with over 90% of global production controlled by China, Russia, and other non-Western jurisdictions [5] - Recent Chinese export restrictions have driven antimony prices to record levels exceeding $50,000 per tonne, highlighting its strategic importance for North American supply chains [5] - The demand for antimony is increasing due to its applications in military, flame retardants, and emerging energy storage technologies [5]