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Big Red Mining Corp ( (TSE:ATMY) ) has shared an announcement.
Antimony Resources Corp. issued a year-end update on its Bald Hill Antimony Project in New Brunswick, detailing an aggressive 2025 exploration ramp-up that included optioning the property, drilling 3,100 metres in the first phase, commissioning a 3D geological model, completing an NI 43-101 technical report outlining conceptual tonnage and grade potential, expanding the property footprint, trenching new mineralized zones, and launching a second 5,000-metre drill program, backed by a $9.4 million financing completed in December. For 2026, the company plans to resume drilling with three rigs for a fully funded 10,000-metre campaign, advance metallurgical testing, conduct further field work and soil sampling on the enlarged land package, progress towards a maiden resource estimate and preliminary environmental assessment, and de-risk the project through technical and regulatory studies, steps that collectively aim to move Bald Hill toward a development-ready stage and strengthen Antimony Resources’ ambitions to become a key antimony supplier in North America.
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 an exploration and development company focused exclusively on antimony, targeting the advancement of its Bald Hill Antimony Project in New Brunswick, Canada. The company is positioning itself as a future significant North American antimony producer, supported by a technical team and field crews engaged in drilling, trenching, and technical studies to define and develop a potentially high-grade antimony deposit in a tier-one jurisdiction.
Average Trading Volume: 339,741
Technical Sentiment Signal: Buy
Current Market Cap: C$39.51M
See more data about ATMY stock on TipRanks’ Stock Analysis page.