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Antimony Resources Starts Phase Two Drill Program at Globex’s Bald Hill Antimony Property
Globenewswire·2025-09-23 14:04

Core Viewpoint - Globex Mining Enterprises Inc. is updating shareholders on the progress of the Bald Hill Antimony Property in New Brunswick, which is under option to Antimony Resources Corp. The company is pleased with the ongoing exploration and drilling results [1][5]. Group 1: Drilling Progress and Results - Antimony Resources has completed 3,150 meters of drilling in 16 drill holes and plans to extend this to a total of 6,000 meters. A second mineralized zone has been discovered approximately 450 meters southeast of the Main Zone [2]. - The initial drilling phase intersected high-grade antimony in 75% of the holes, with notable intersections including 4.17% Sb over 7.4 meters, 9.85% Sb over 4.3 meters, and 14.91% Sb over 3.0 meters. Historical drilling returned intersections of up to 11.7% Sb over 4.51 meters [2][3]. Group 2: Future Exploration Plans - The new drill program will focus on infilling areas with wide-spaced drill intersections on the Main Zone to assess the continuity of mineralization and potentially create a Maiden Resource. The program will also aim to extend mineralization to the northwest, southeast, and depth [3]. - Exploration will target a two-kilometer-long antimony soil anomaly, with the Main Zone at the northwest end and the newly discovered zone at the southeast end. Reported intersections include 2.90% Sb over 8.18 meters, with additional notable intersections of 5.79% Sb over 1.75 meters and 8.47% Sb over 1.53 meters [4].