SAN BERNARDINO, Calif., Feb. 23, 2026 /PRNewswire/ -- Locksley Resources Limited (ASX: LKY, OTCQX: LKYRF and LKYLY-ADR) announced the company has commenced diamond drilling at the high-grade Desert Antimony Mine (DAM), located within the company's Mojave Project in California. ...

Core Insights - Antimony Resources Corp. has successfully raised a total of $1,212,704 through the exercise of 6,104,400 common share purchase warrants since November 30, 2025, enhancing its financial position [1][2] - The company has also closed a financing round of $9,450,000, which will be allocated towards exploration activities at the Bald Hill Antimony Project and for working capital [2] Company Overview - Antimony Resources Corp. is focused on the exploration and development of antimony, aiming to become a significant producer in North America [5] - The management team has extensive experience in financing, exploration, development, and mining [5] Bald Hill Antimony Project - The Bald Hill Antimony Project is recognized as a high-grade antimony deposit located in southern New Brunswick, Canada, with drilling indicating a deposit extending over 700 meters [7] - The average widths of mineralization are between 3 to 4 meters, with grades ranging from 3% to 4% antimony [7] - A 2025 Technical Report estimates the potential quantity of the drilled area to be approximately 2.7 million tonnes, with a grade between 3% and 4% antimony [7]

Core Viewpoint - Antimony Resources Corp. has announced the expansion of stibnite mineralization at the Marcus (West) Zone, indicating a potential new mineralization area separate from the Main Zone, with further exploration planned for 2026 [1]. Group 1: Mineralization Discovery - The Marcus (West) Zone has revealed stibnite mineralization over a distance of 25 meters, believed to be distinct from the Main Zone [1]. - Trenching and sampling are planned for the newly discovered Marcus (West) Zone and the Bald Hill South mineralization in the upcoming exploration season [1]. Group 2: Drilling Program - A 2026 Definition Drilling Program has commenced at the Bald Hill Main Zone, utilizing two drill rigs, with a third rig to be added in early February [5]. - The drilling aims to sample the Bald Hill Main Zone over a distance of 600 meters and to a depth of at least 300 meters, with the goal of calculating a Maiden Resource for the Bald Hill Project [5]. Group 3: Project Potential - The Bald Hill project is recognized as a high-grade antimony deposit, with drilling outlining a deposit over 700 meters long, averaging 3 to 4 meters in width and grades of 3% to 4% antimony [10]. - The estimated potential quantity from the 2025 Technical Report is approximately 2.7 million tonnes with a grade between 3% and 4% antimony [10].

Core Viewpoint - American Antimony Corporation, operating as Xtra Energy Corp., has received initial head grade results from ALS Metallurgy following the shipment of approximately 400 kilograms of high-grade antimony material sourced from its Antimony King stockpiles in Nevada [1] Group 1 - The high-grade material was derived from historic stockpiles generated during past production at the Antimony King Mine [1] - The shipment to ALS was intended for advanced flotation testing, high-grade concentrate development, and processing flowsheet optimization [1] - This announcement follows a previous disclosure made by the company on January 7, 2026 [1]

Operations - Alkane Resources produced a record 42,767 ounces of gold and 267 tonnes of antimony in Q2 FY26, resulting in a total of 43,663 gold equivalent ounces, significantly higher than Q1 FY26's 30,511 AuEq ounces [3][6] - The average all-in sustaining cost (AISC) for the quarter was $2,739 per AuEq ounce, down from $2,988 in Q1 FY26, attributed to improved production and higher grades at Tomingley and Costerfield [3][10] - The company processed a total of 683,235 tonnes of ore at an average gold grade of 2.20 g/t, with Tomingley achieving a higher average grade of 2.50 g/t [4][5] Financial Performance - Alkane reported revenue of $256 million for the quarter from gold equivalent sales of 44,084 ounces, an increase from $147 million in Q1 FY26, driven by higher production and gold prices [8][18] - The average realized gold price for the quarter was $5,785 per ounce, compared to $4,896 in Q1 FY26, while the average antimony price was $41,510 per tonne [8][18] - The company ended the quarter with a cash, bullion, and listed investments balance of $246 million, reflecting a $58 million increase from the previous quarter [1][18] Exploration and Development - Significant exploration activities included extension drilling at Storheden, which doubled the depth extent to 464 meters, with notable gold intercepts of 142.0 g/t over 0.60 meters [6][44] - At Tomingley, a new gold-rich domain was discovered, with drilling results including 4.36 g/t gold over 26 meters [6][36] - Exploration expenditure for the quarter was approximately $8 million, with a focus on Costerfield and Björkdal [12] Capital Expenditures - Total capital expenditures during Q2 FY26 amounted to $38 million, with $20 million allocated for sustaining capital and $9 million for growth capital, primarily for the Newell Highway realignment project [11][19] - The company continues to invest in operational improvements and exploration to enhance production capabilities across its mining operations [23][30]

Core Viewpoint - Nova Minerals Limited has secured US$43.4 million in non-dilutive funding from the U.S. Department of War to develop a domestic antimony supply chain, which will enhance its position as a U.S. producer of military-grade antimony and support its gold exploration activities in Alaska [3][10][29]. Funding and Financial Position - The US$43.4 million funding will fully finance the establishment of antimony production at the Estelle Project, significantly strengthening the company's balance sheet [10]. - As of the end of December 2025, the company had access to over A$106 million in funding, including A$59.2 million in cash and US$30.4 million remaining from the Department of War award [25]. Antimony Production Initiatives - The company is progressing with the procurement of key mining and processing equipment for antimony production, with delivery expected in early 2026 [4][17]. - Nova has secured industrial-zoned land and is advancing permitting for a proposed antimony refinery at Port Mackenzie, targeting first production by late 2026 to early 2027 [4][13]. Gold Asset Development - Nova is advancing one of the largest undeveloped gold deposits globally, with over 20 prospects and four defined multi-million-ounce gold deposits [5][29]. - The 2025 drilling program at RPM North and RPM Valley has been completed, with results expected to support an updated Mineral Resource Estimate [6][7]. Drilling Results - Drilling at RPM North revealed broad near-surface gold intersections, including a significant new eastern discovery, while RPM Valley returned multiple intercepts greater than 1 g/t Au, confirming continuity of mineralization [7][8]. - Additional drill results will be incorporated into an updated Mineral Resource Estimate following quality assurance and control procedures [9]. Infrastructure Development - Nova secured a land use permit for an antimony refinery at Port MacKenzie, which supports the development of a U.S. critical minerals hub [15][16]. - The proposed refinery site is strategically aligned with ongoing regional development projects, enhancing the potential for rapid development [16]. Corporate Actions - In October 2025, the company completed a 5-for-1 forward split of its Nasdaq-listed American Depository Shares to enhance trading liquidity [25]. - A capital raise in December 2025 generated approximately US$20 million to support exploration and feasibility work [25].

Core Viewpoint - Antimony Resources Corp. has reported high-grade antimony assay results from the Bald Hill Antimony Project, indicating significant mineralization and potential for resource expansion [1][7]. Summary by Sections Drill Results - The latest assays from drill holes BH-25-22 to BH-25-31 show high-grade antimony mineralization, with notable intersections including 5.10% Sb over 4.00 meters and 6.79% Sb over 2.30 meters [4][5]. - High-grade thickness values are reported, with values reaching 20.4 and 15.6, indicating substantial mineralization [5]. Drilling Program - The Phase Two drilling program involved 5,000 meters of additional drilling, contributing to a total of over 8,000 meters drilled in 2025 across 31 holes [7]. - The drilling has confirmed the extension of the Main Zone to over 700 meters in length and a depth of at least 400 meters [8]. Mineralization Characteristics - High-grade antimony-bearing stibnite continues to be intersected in 75% to 80% of the drill holes, with individual sections showing grades up to 30% Sb [5][8]. - The overall average grade of mineralization is estimated to be between 3% and 4% Sb, with widths of mineralization averaging 3 to 4 meters [19]. Future Exploration - Two additional drill holes planned for the Phase Two Program were not completed in 2025 but are scheduled for 2026 [7]. - The company has identified potential for further expansion based on additional known targets and claims added to the property [19]. Company Overview - Antimony Resources Corp. is focused exclusively on antimony exploration and development, aiming to become a significant North American producer [18].

Core Viewpoint - Antimony Resources Corp. is advancing its exploration and development plans for the Bald Hill Antimony Project in New Brunswick, Canada, with a focus on high-grade stibnite-bearing antimony mineralization and a fully funded exploration program for 2026 [1][2][7]. Exploration Plans - The exploration program for the first half of 2026 includes 10,000 meters of definition drilling aimed at defining the Main Zone of mineralization to establish a Maiden Resource [2][7]. - The 2025 NI43-101 Technical Report estimates the potential quantity of the drilled area at 2.7 million tonnes with a grade between 3% and 4% antimony, translating to 80,000 to 106,000 tonnes of contained antimony [3]. New Discoveries - Fieldwork has identified two new unexplored zones of antimony-bearing stibnite mineralization: Bald Hill South and the Marcus Zone, which will be further explored through trenching and drilling in 2026 [5][6]. - The Marcus Zone was discovered during roadwork and is characterized by massive to semi-massive antimony-bearing stibnite [6][13]. Drilling and Resource Calculation - Over 13,800 meters of drilling has been completed on the property, enhancing the understanding of mineralization and establishing significant potential [7]. - The exploration plan includes an additional 5,000 meters of diamond drilling to extend known mineralization and investigate newly discovered areas [11]. Marketing Agreements - The company has entered into a marketing agreement with Apaton Finance GmbH to enhance corporate communications, producing content in both German and English for a fixed term of 1 month for 75,000 Euros [14]. - A media services contract with i2i Marketing Group, LLC, will provide various marketing services for a total consideration of US$250,000 over a 3-month term [15]. - A digital marketing agreement with BorsenBlick will support investor awareness with an initial budget of up to 105,000 Euros for a 2-month term [16]. Company Overview - Antimony Resources Corp. is focused exclusively on antimony exploration and development, aiming to become a significant North American producer of antimony [17].

Core Viewpoint - Southern Cross Gold Consolidated Ltd supports the Australian Government's establishment of a A$1.2 billion Critical Minerals Strategic Reserve, emphasizing the importance of securing domestic antimony supply for Australia and its allies [1][2][4]. Company Highlights - The company views the initiative as a significant step towards ensuring critical minerals security, particularly against the backdrop of China's and Russia's control over 80% of global antimony supply [5][11]. - Southern Cross Gold's Sunday Creek project, located 60 km north of Melbourne, is highlighted as a key undeveloped gold-antimony deposit that can contribute to Australia's strategic minerals objectives [2][8][9]. - The company has received approval for an exploration decline at Sunday Creek, allowing for underground access to high-grade mineralization, and plans to expand its drilling program to 22 rigs [15][16]. Industry Context - The A$1.2 billion Critical Minerals Strategic Reserve focuses on antimony, gallium, and rare earth elements, which are essential for defense, clean energy, and advanced manufacturing [8][10]. - Victoria is recognized as Australia's only antimony-producing state, with a historical significance dating back to the 1860s, and the state government has initiated a Critical Minerals Roadmap to support development [7][14]. - The Victorian Government estimates the state's critical minerals endowment at approximately A$200 billion, which could support up to 7,000 jobs [14].

Core Viewpoint - GLOBEX MINING ENTERPRISES INC. announces positive final drill results from Antimony Resources Corp.'s 2025 drilling campaign on the Bald Hill Antimony property, indicating significant high-grade antimony mineralization [1][4]. Summary by Sections Drill Program Overview - The 2025 drill program completed a total of 8,150 meters across 34 drill holes, with high-grade antimony-bearing stibnite intersected in 75% to 80% of the holes [2][4]. - The overall average grade of mineralization is estimated to be between 4% to 5% Sb [2][4]. Drill Intersection Details - Significant intersections include: - BH-25-17: 27.05 meters at 2.07% Sb, including 8.60 meters at 4.40% Sb [3][4]. - BH-25-18: 10.65 meters at 3.75% Sb and 5.59 meters at 5.90% Sb [3][4]. - BH-25-19: 18.35 meters at 2.75% Sb, including 5.15 meters at 5.98% Sb [3][4]. - BH-25-22: 6 individual zones of antimony mineralization with notable grades [4]. High-Grade Mineralization - High-grade values reported include: - 4.4% Sb over 8.6 meters - 11.74% Sb over 1.65 meters - 8.48% Sb over 3.0 meters [2][4]. - The highest values of grade times thickness (% Sb*m) recorded are 55.99 and 50.46 [4]. Conclusion - The drilling results indicate a promising potential for high-grade antimony resources at the Bald Hill property, with multiple zones of mineralization encountered [4].