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Antimony Resources Starts Phase Two Drill Program at Globex's Bald Hill Antimony Property
Globenewswireยท2025-09-23 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 activities that have revealed significant mineralization [1][5]. Group 1: Drilling and Exploration 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 first phase of drilling 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]. - The new drill program aims to infill areas with wide-spaced mineralization on the Main Zone to assess continuity and potentially create a Maiden Resource. The mineralization consists of massive stibnite and stibnite-bearing breccia within metasediments and metavolcanics [3]. Group 2: Soil Anomaly and Further Exploration - Exploration will also 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. Significant intersections reported include 2.90% Sb over 8.18 meters, 5.79% Sb over 1.75 meters, and 8.47% Sb over 1.53 meters [4]. - The work along the geochemical soil anomaly will involve mapping, trenching, and potentially additional drilling based on results [4]. Group 3: Company Sentiment - Globex expresses satisfaction with the exploration results achieved by Antimony Resources and appreciates the speed and dedication with which the project is being advanced [5].