Antimony Resources Corp. Advances Exploration at Bald Hill Project

Antimony Resources Corp., a mining company listed on the Canadian National Stock Exchange, has recently made significant progress in its exploration activities at the Bald Hill Project in New Brunswick. The company, which trades under the ticker ATMY on the CSE and K8J0 on the FSE, announced on May 5, 2025, that it encountered visual antimony mineralization with a thickness of up to 20 meters from drilling operations. This discovery is part of the company’s ongoing exploration efforts in the area known for high-grade antimony mineralization in the Main Zone.

The company has also announced a financing initiative to support further exploration and development activities at the Bald Hill Project. This move is aimed at capitalizing on the promising results from the recent drilling program, which has highlighted the potential for significant antimony deposits.

In addition to the company’s own efforts, Globex Mining Enterprises Inc. provided an update on May 6, 2025, regarding drilling activities on the Bald Hill antimony property, which is under option to Antimony Resources Corp. This collaboration underscores the strategic importance of the Bald Hill Project and the potential for further discoveries.

As of May 4, 2025, Antimony Resources Corp. had a close price of 0.11 CAD, with a market capitalization of 2,830,000 CAD. The company’s 52-week high was 0.28 CAD on December 11, 2024, and its 52-week low was 0.02 CAD on May 9, 2024. The price-to-earnings ratio stands at -1.95, reflecting the company’s current financial position.

These developments mark a significant milestone for Antimony Resources Corp. as it continues to explore and develop its assets in Canada, with the Bald Hill Project being a focal point of its operations. The company’s efforts to secure financing and collaborate with other entities in the mining sector highlight its commitment to advancing its exploration activities and maximizing the potential of its mineral resources.