Antimony Resources Prepares for a Data-Driven Inflection Point at Bald Hill

Antimony Resources Corp. begins its largest exploration at Bald Hill, with 19,000 meters of drilling targeting expansion amid surging antimony prices and geopolitical supply pressures.

The drill rigs are turning again in New Brunswick, and Antimony Resources Corp. has kicked off what stands as its most ambitious exploration campaign to date at the Bald Hill project. The company confirmed the start of field operations on May 7, 2026, with crews mobilizing in the second week of the month. This is no routine step-out program — it marks a deliberate shift from definition drilling to aggressive expansion.

19,000 Metres of Ground Truth

The bulk of the campaign — 13,000 metres — is earmarked for the Main Zone, where geologists aim to push known mineralization both deeper and along strike. The zone currently stretches more than 600 metres in length and reaches depths of 350 metres, with average antimony grades holding between 3% and 4%. Mineralized widths typically run four to five metres. Globex Mining, which optioned the project to Antimony Resources, has formally endorsed the expansion plans.

An additional 6,000 metres will test three newly defined satellite targets: Marcus, BH Central and BH South. Trenching and shallow drilling in those areas have already turned up stibnite mineralization — the primary antimony-bearing mineral — in close proximity to the main deposit. The entire project area now covers 37 square kilometres, and the company plans to follow up with soil sampling programs on selected claim blocks during the summer.

The drilling push follows a short operational pause after continuous work since late December. That break allowed for equipment maintenance and the processing of lab data from the previous program.

The Data Pipeline Opens in May

More than 1,500 core samples from the recently completed definition drilling are now in the laboratory. Antimony Resources expects results to start flowing this month, and those assays will feed directly into the first official resource estimate being prepared by SRK Consultants. Until now, the project has relied on a conceptual target from last year that outlined roughly 2.7 million tonnes of rock — a figure the management has stressed is not yet a confirmed mineral resource.

The incoming data will sharpen the 3D geological model for Bald Hill and could materially shift the resource picture. For a company that has traded on exploration potential rather than a defined resource base, the next few weeks represent a genuine inflection point.

Geopolitical Tailwinds and a Tightening Market

The timing of the campaign is no accident. Antimony prices have surged to nearly $52 per kilogram, a dramatic increase since the start of 2024, as both the United States and the European Union classify the metal as critical. The supply squeeze is compounded by Chinese export controls, with a key grace period for Chinese exporters set to expire at the end of November 2026.

That geopolitical pressure is forcing defence and electronics buyers to look beyond China for reliable supply chains. Antimony Resources is positioning Bald Hill as a North American answer to that problem, and the project’s location roughly 45 kilometres from a deepwater port gives it a logistical edge that management regularly cites as a strategic advantage.

The company is already preparing permit applications, targeting submission around the turn of the year. New Brunswick’s own critical minerals strategy provides additional political support, potentially shortening the path from exploration to production.

On the Canadian Securities Exchange, the stock closed at C$0.82 on Friday, down from roughly C$0.98 at the start of the week, as positive drilling news failed to stem selling pressure. Whether the assay results due this month can reverse that trend will depend on how far they push the resource story forward.