Carter’s(US:CRI) Globenewswire·2025-09-04 11:00Core Insights - Churchill Resources Inc. has received permits for activities on the Black Raven Project, which includes delineation programs for the Frost Cove and Stewart Mines, aiming for initial resource estimates by the end of the year [1][2][4] - The company is set to begin baseline environmental monitoring with Stantec Engineering and has engaged the community through information sessions [2][6] - The Black Raven Property has historical production from the Frost Cove Antimony Mine and Stewart Gold Mine, with notable grades of 35.1% antimony and 14.4 g/t gold [4][8] Company Activities - Core logging and cutting facility is nearing completion, ready for operations in September [3] - Trenching and drill pad preparation is being conducted by local contractors, with core drilling operations scheduled to start on September 15 [6] - The company has contracted MCL Drilling for drilling operations to explore high-grade veins [6] Industry Context - Antimony is classified as a critical mineral, essential for national security and modern technology, with over 90% of global production controlled by non-Western countries [8] - The demand for antimony is increasing due to its applications in military, flame retardants, and energy storage technologies, highlighting the importance of domestic sources in North America [8] Company Overview - Churchill Resources focuses on strategic critical minerals in Canada, particularly at its Black Raven, Taylor Brook, and Florence Lake properties [9] - The management team has extensive experience in mineral exploration and the establishment of successful mining companies [9]