Antimony Resources Advances Bald Hill Toward Maiden Mineral Resource With SRK Hire and Expanded Drilling

Big Red Mining Corp ( (TSE:ATMY) ) just unveiled an announcement.

Antimony Resources Corp. is advancing its Bald Hill antimony project in New Brunswick, where drilling has outlined a high-grade Main Zone deposit and multiple stibnite occurrences across a 2,000-hectare property. The company is working toward a formal mineral resource, aiming to convert conceptual targets into compliant estimates as exploration progresses.

The company has launched a 10,000-meter definition drilling program on the Main Zone, with three rigs on site and roughly half the meterage already completed toward achieving 50-meter drill spacing to support a maiden mineral resource estimate. Antimony Resources has engaged SRK Consultants to complete the resource estimate and is building a continuously updated 3-D geological model, steps that are expected to sharpen drill targeting and mark a key milestone in de-risking and advancing the Bald Hill antimony deposit.

Additional drilling is scheduled to wrap up by the end of April, with assays anticipated several weeks later, providing crucial data for the resource work and model refinement. Management notes that field crews have identified new zones of antimony-bearing stibnite, which will be further explored in the 2026 program, potentially enhancing the project’s scale and strategic significance in the antimony supply chain.

Spark’s Take on ATMY Stock

According to Spark, TipRanks’ AI Analyst, 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 ATMY stock, click here.

More about Big Red Mining Corp

Antimony Resources Corp. is a mineral exploration company focused on developing the high-grade Bald Hill antimony project in southern New Brunswick, Canada. The property spans more than 2,000 hectares and hosts the Main Zone deposit, outlined over 700 meters in strike and to at least 350 meters depth, with reported average grades of 3% to 4% antimony and additional antimony-bearing occurrences across the district-scale land package.

Average Trading Volume: 618,155

Technical Sentiment Signal: Buy

Current Market Cap: C$142.2M

For an in-depth examination of ATMY stock, go to TipRanks’ Overview page.