Antimony Resources Unearths Bonanza-Grade Antimony as Bald Hill Nears First Resource Estimate

Antimony Resources: Up to 44.2% antimony from Bald Hill's South Zone; first resource estimate due June is key catalyst amid China squeeze.

Investors in Antimony Resources have been handed a fresh dose of high-grade excitement from its Bald Hill project, but the real catalyst is just weeks away. The junior miner's stock rose five percent on Friday to €0.43, as the market digested a batch of rock-chip results from a newly identified zone that could reshape the economics of the entire deposit.

South Zone Delivers Eye-Catching Grades

The company released findings from a trenching program at the so-called South Zone, located roughly 900 meters south of the main Bald Hill orebody. A total of 38 samples were taken from exposed veins along a 200-metre strike length, yielding an average antimony grade of 19.5 percent. The top assay came in at 44.2 percent antimony — the kind of number that turns heads even among seasoned hard-rock investors.

Geologists note the South Zone shares a similar northwest-southeast orientation with the main mineralised corridor, suggesting a structural link. The company highlighted that the grades mirror those recorded last year, pointing to a broader mineralised system than previously understood. While the results come from surface trenches, they have elevated the South Zone to an independent exploration target alongside the Main Zone. Drilling is planned as part of the ongoing regional programme, though no firm timeline has been set.

Political Support Builds on the Ground

The Bald Hill project sits in New Brunswick, a province that has taken a keen interest in the asset. John Herron, the province's minister responsible for natural resources, recently toured the site with a delegation, inspecting drill pads and the processing facility. The visit has boosted the company's political visibility, although market observers caution that access without a formal project plan remains a door opener rather than a done deal.

That formal plan is progressing in parallel. Environmental consultancy GEMTEC is drawing up a roadmap that covers baseline studies, budgets and timelines for an environmental impact assessment. The company aims to submit a formal permit application by the start of 2027.

Resource Estimate Looms Large

For investors, the most immediate milestone is far closer. The market is expecting the first formal resource estimate for Bald Hill by the end of June. An older technical report previously outlined a conceptual target of approximately 2.7 million tonnes of rock. The upcoming estimate will provide a far more rigorous foundation for valuing the deposit.

The timing is critical for another reason: antimony supply from China faces a tightening squeeze. China's commerce ministry has suspended its export bans on antimony to the United States, but the reprieve runs only until November 27, 2026. After that, American industry faces a severe shortage of the critical mineral — a gap the Bald Hill project is designed to fill.

Stock Reflects Both Promise and Pain

Antimony Resources stock has been a wild ride. Over the past twelve months, the shares have surged roughly 500 percent from their lows, reflecting the strategic appeal of a primary antimony producer in North America — a continent that currently has none. But from the March 2026 peak of €1.05, the stock has shed nearly 60 percent, now trading at €0.43, just under its 200-day moving average of €0.44.

The coming weeks will determine whether the Bald Hill story can regain its momentum. A positive resource estimate could reignite buying interest and bring the 50-day line at €0.62 into focus. Conversely, any disappointment could extend the correction that has already erased more than half the year's gains. For now, the high-grade South Zone assays offer a taste of what might lie beneath, but the market will need the resource numbers to back it up.