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Churchill Confirms High-Grade Antimony at Frost Cove and Uncovers New Polymetallic System

Story Highlights
  • Churchill’s 2025 drilling at Black Raven confirmed high-grade antimony over 800m at Frost Cove, with a parallel gold-silver vein enhancing the project’s polymetallic potential.
  • A new polymetallic system at Taylor’s Room and upcoming two-rig 2026 drilling support Churchill’s strategy to build a leading high-grade antimony-gold footprint in Newfoundland.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Churchill Confirms High-Grade Antimony at Frost Cove and Uncovers New Polymetallic System

Meet Samuel – Your Personal Investing Prophet

The latest announcement is out from Churchill Resources Inc ( (TSE:CRI) ).

Churchill Resources reported strong final results from its 2025 maiden drilling and trenching campaign at the Black Raven Project in central Newfoundland. The program confirmed high-grade antimony mineralization over an 800-metre strike at the Frost Cove prospect, alongside a parallel gold-silver vein system and additional polymetallic potential across the property.

At Taylor’s Room, Churchill identified a new polymetallic gold-silver system with promising surface trench results, though initial drilling returned lower grades that will be re-evaluated using optimized assay methods. The company is launching a two-rig 2026 drill program focused on extending Frost Cove mineralization and testing targets at Pomley Cove Pond, underscoring its bid to consolidate leading high-grade antimony-gold positions in Newfoundland.

The most recent analyst rating on (TSE:CRI) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Churchill Resources Inc stock, see the TSE:CRI Stock Forecast page.

Spark’s Take on CRI Stock

According to Spark, TipRanks’ AI Analyst, CRI is a Neutral.

The score is primarily driven by weak financial performance (no revenue, ongoing losses, and sustained cash burn), which outweighs the benefit of having zero debt. Technical indicators also point to a downtrend (price below key moving averages and negative MACD), while valuation is constrained by a negative P/E due to losses.

To see Spark’s full report on CRI stock, click here.

More about Churchill Resources Inc

Churchill Resources Inc. is a Canadian mineral exploration company focused on high-grade antimony and gold projects in Newfoundland. Its key assets include the Black Raven Project and the Golden Baie transaction, positioned near the historic Beaver Brook Mine, a past source of most of North America’s primary antimony production.

Average Trading Volume: 215,147

Technical Sentiment Signal: Sell

Current Market Cap: C$30.08M

For a thorough assessment of CRI stock, go to TipRanks’ Stock Analysis page.

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