Core Insights - Globex Mining Enterprises Inc. is updating shareholders on the progress of two critical mineral properties in New Brunswick, which are under option to Bryah Resources Ltd. and Antimony Resources Corporation [1] Group 1: Bryah Resources Ltd. - Bryah Resources has initiated a 1,000-metre drill program at the Golden Pike gold and antimony project to upgrade the existing foreign resource estimate to a JORC compliant mineral resource estimate [2] - Following the completion of the Golden Pike drill program, the drill will be moved to the Bond Road area for an exploration program targeting high-grade antimony veins, with up to 1,200 metres of exploration drilling planned [2] Group 2: Antimony Resources Corporation - Antimony Resources has filed a NI 43-101 Technical Report on the Bald Hill Antimony project, indicating a potential of 2.7 million tonnes at a grade of 3.0% to 4% antimony, which could yield between 81,000 and 108,000 tonnes of contained antimony, approximately doubling the previous estimate from 2014 [3] - The company is conducting a 6,000-metre drill program to detail and extend the known deposit, which will bring the total drill footage to 15,000 metres [4] - Antimony Resources has announced a financing of up to $10,012,000 to continue work on the Bald Hill property, focusing on becoming a significant North American producer of antimony [5]
Globex Reports Progress on Two Fronts at New Brunswick Antimony/Gold Projects
Globenewswire·2025-11-27 14:00