tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Antimony Resources Accelerates Bald Hill Antimony Project with Aggressive 2026 Program

Story Highlights
  • Antimony Resources advanced Bald Hill with drilling, technical work, land expansion and C$9.4 million financing.
  • Fully funded 2026 plans target 10,000 metres drilling, maiden resource and key environmental and technical de-risking steps.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Antimony Resources Accelerates Bald Hill Antimony Project with Aggressive 2026 Program

Claim 70% Off TipRanks Premium

Big Red Mining Corp ( (TSE:ATMY) ) has shared an announcement.

Antimony Resources Corp. reported substantial progress at its Bald Hill Antimony Project in 2025, including optioning the property, completing 3,100 metres of initial drilling, commissioning a 3D geological model, filing an NI 43-101 technical report outlining a conceptual exploration target, doubling the project’s land package and completing a further 5,000 metres of drilling with assays pending. The company also undertook trenching that confirmed antimony mineralization over 150 metres in the Bald Hill South Zone, closed C$9.4 million in financing, advanced metallurgical testwork, initiated environmental and permitting roadmapping, and engaged SRK for a technical gap analysis, positioning Bald Hill for an aggressive 2026 work program featuring 10,000 metres of drilling, updated resource modelling, a maiden resource estimate and preliminary environmental assessment submissions, while issuing stock options and RSUs to align management and consultants with long-term project development.

Spark’s Take on TSE:ATMY Stock

According to Spark, TipRanks’ AI Analyst, TSE:ATMY is a Neutral.

Big Red Mining Corp’s overall stock score is weighed down by its poor financial performance, with no revenue and significant cash outflows. While technical indicators show some short-term bullish momentum, the lack of valuation metrics and financial stability remains a concern. Positive corporate events provide some optimism, but the overall outlook remains cautious.

To see Spark’s full report on TSE:ATMY stock, click here.

More about Big Red Mining Corp

Antimony Resources Corp. is a Vancouver-based exploration and development company focused exclusively on antimony, advancing its flagship Bald Hill Antimony Project in southern New Brunswick, Canada. The company aims to build a significant, scalable antimony asset in a tier-one jurisdiction, targeting future production to supply North American markets that rely on this critical metal.

Average Trading Volume: 345,554

Technical Sentiment Signal: Buy

Current Market Cap: C$35.91M

See more insights into ATMY stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1