18:15:52 EDT Tue 12 May 2026
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Antimony Resources Corp
Symbol ATMY
Shares Issued 95,774,381
Close 2026-05-12 C$ 0.81
Market Cap C$ 77,577,249
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Antimony Resources drills 0.6 m of 8.1% Sb at Bald Hill

2026-05-12 16:43 ET - News Release

Mr. James Atkinson reports

ANTIMONY RESOURCES CORP. (ATMY) (ATMYF) (K8J0) ANNOUNCES ASSAY DRILL RESULTS UP TO 13.9% ANTIMONY (SB) IN STIBNITE BEARING CORE

Antimony Resources Corp. has begun to receive assay results for the latest phase of drilling at Bald Hill antimony deposit in New Brunswick, Canada. In addition, drilling has commenced at the project with a target of approximately 13,000 metres in the area of the Main zone and 6,000 metres in the new discovered zones.

Highlights

  • To date the assays from three drill holes have been received;
  • Values of 8.1 per cent and 13.9 per cent antimony (Sb) in stibnite-bearing core;
  • Thicknesses of up to 6.2 metres are seen;
  • These holes were targeted to test extensions of the Bald Hill Main zone to depth;
  • Average depth of drilling for these holes is greater than 250 metres with the deepest intersection at 495 metres depth;
  • Three drills will be deployed; testing extensions of the Main zone and the newly discovered zones.

The next exploration program at the Bald Hill antimony project has commenced with two objectives -- to advance the project towards defining the size of the mineralized area and to further derisk the project.

The next program will include work in the vicinity of the Bald Hill Main zone through completion of a 13,000-metre drill program and completion of 6,000 metres of preliminary exploration drilling at the three newly defined zones in the Main zone area -- Marcus, BH Central and BH South.

Regional exploration will include prospecting, mapping, trenching and sampling at the newly defined soil anomalies on the Second Run claims -- SR1, SR2 and SR3 and completion of additional exploration to discover and determine potential across the entire 37-square-kilometre property.

The task of derisking will include evaluating the size and continuity of the antimony mineralization using 3-D modelling and computer-based data analysis and completion of detailed metallurgical studies. Antimony Resources will also be evaluating potential project plans and configurations for a possible mine and infrastructure layout.

QA/QC (quality assurance/quality control)

Samples from the drilling rigs are transported to the company's secure core handling facility where they are examined by its geotechnical staff. Once the information on core conditions including RQD, lost core et cetera are recorded and the core is confirmed to be intact and orderly it is logged and marked for sampling by the company's professional geological staff. The marked core for sampling is cut by diamond say one-half is returned to the box for safekeeping and one-half is placed in plastic bags. The bags are sealed and placed in larger canvas bags for shipment to the Activation Labs processing facility in Fredericton where they are crushed and prepared for shipment to the assay lab in Ancaster, Ont. The samples are analyzed using Actlabs Method Code 1E3 aqua regia ICPOES for the multielement and code 1A2 fire assay AA for gold.

Quality assurance and quality control (QA/QC) samples are inserted in the sample runs which include a known standard for antimony and gold, a core duplicate, a blank, and a pulp duplicate. Activation Labs also has standard QA/QC protocols which are reported with each assay batch. Activation Labs is an internationally accredited assay lab.

James Atkinson, PGeo, chief executive officer of Antimony Resources, commented: "We are pleased to begin the release of assays from the 2026 winter drill program started in February. We note that these assay values for antimony are similar to previously released results and that some of the results are from intersections over 400 metres deep. We are excited that the next drill program has commenced. This drilling will result in an additional 18,000 metres of core drilling and will begin the development of the Marcus, Central and South zones at Bald Hill. Our regional exploration, which has identified at least three areas of anomalous antimony in soil, will be greatly expanded to potentially cover the entire property which now includes over 37 square kilometres of prospective land."

Bald Hill antimony project -- a project with significant antimony potential

Highlights

  • Bald Hill is a well-known, high-grade antimony deposit in Southern New Brunswick, Canada.
  • Assays indicate that Bald Hill is the highest-grade antimony deposit in North America with mineable widths indicated by drilling.
  • Drilling has outlined an antimony deposit in the Main zone over 600 metres long and to a depth of at least 350 metres. The mineralization is open in all directions.
  • Widths of mineralization average four to five metres and grades average 3 per cent to 4 per cent antimony.
  • National Instrument 43-101 technical report: The estimated potential quantity and grade of the drilled area from the 2025 technical report, which is the target of our exploration, is reported in the technical reports approximately 2.7 million tonnes with a grade between 3 per cent and 4 per cent antimony. For more details on the potential of the project as described by the author of the technical report, please consult the National Instrument 43-101, which has been filed on SEDAR+. Antimony Resources has not completed enough work to confirm this estimate. The potential quantity and grade are conceptual in nature as there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.
  • Potential to expand based on recently discovered targets and additional claims added to the property to the west, south and east.
  • New zones outlined by soil sampling approximately three kilometres south of the Main zone on the newly acquired Second Run claim.

The technical contents of this news release were reviewed and approved by Jim Atkinson, MSc, PGeo, president and chief executive officer of Antimony Resources, who is a qualified person as defined by National Instrument 43-101.

About Antimony Resources Corp.

Antimony Resources is an exploration and development company focused exclusively on antimony. The company's management team possesses extensive experience in financing, exploration, development and mining. The company is focused on becoming a significant North American producer of antimony.

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