advancing antimony exploration and development at Antimony Resources
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advancing antimony exploration and development at Antimony Resources
36 transcript-backed statements from 3 appearances, covering exploration upside, milestone, study due and other company claims. These reflect management's own framing and have not been independently verified.
We've exposed that zone over 200 m, and it has high-grade stibnite mineralization in places in it. And we now have drilled five holes into it, and we're finding the same mineralization at depth in those holes
We've drilled it the main zone, we've drilled it in pretty much detail down to 250 m, and we have intersected it down to 400 m.
recently we put out a press release of 38 rock samples collected from what's called the South zone, and those 38 rock samples average 19.5% antimony and samples up to 44%.
we've drilled it now down to a depth of 400 m.
we expanded the known mineralization zone by 100 meters to the southeast. It's still open.
There is a very large antimony soil anomaly on this property. It's over 2 kilometers long.
I think the best one was 4.14 over 4.7 7.4 meters, which is a nice
they had nice high-grade you know 9% antimony over 2 meters that kind of stuff
There's a historic exploration target here for several thousand kilos of antimony.
And and it's gray. You know, the surrounding rocks are kind of browny, yellowy, white color. So, it's pretty obvious that it's pretty obvious when you see it what you're looking at.
It's rare in some ways to have a pure antimony play.
5% 6 7% antimony over reasonable four to 5 meter widths.
when you're talking about north of 3% antimony versus less than half a percent is substantially different
the million tons that was estimated, shall we call it, back in 2011
we're in the process of raising 4 million. Uh 2 million of that will be flow through for our next uh ongoing program
you guys need to spend is is it $5 million on the property um and then you guys need to pay GlobeEx $2 million
We're already, I would say, spent enough to get into the third year of it already.
Any sense of when that maiden resource estimate's going to come in?
We'll be starting drilling again in midepptember. we will be drilling 6,500 meters is what we've budgeted
they'll be put out probably over the next month or month and a half.
we're anticipating starting up at the beginning of September again.
Well, I'm sort of looking at the late summer, or fall, and that's because our drilling as the drilling program that we have underway now will probably not be completed till late July, early August.
the possibility of having a maiden resource um relatively soon, but maybe in the new year or at the end of this year.
We have always talked about the potential of having a resource by the end of the year
he was there for for a couple of reasons. First of all, because we like to show off the site because it is a very nice site. I mean, we have nice roads. They're all ditched. Everything's very neat and tidy.
Department of Defense just invested $35 million in a tungsten project in New Brunswick.
So, you guys recently had the Minister of Natural Resources of New Brunswick on your site.
Department of Defense just invested $35 million in a tungsten project in New Brunswick.
we've started working on our permit. Uh we have a a very good project, a very good company in Fredericton that have a lot of experience doing this
with the antimony mineralization, you can see it fairly easily. You know, the stibnite is very easy to recognize.
we drilled 3150 meters. we hit high-grade antimony in 70% of those holes.
It's just a standard flotation circuit and antimony floats very well.
from a deposit like ours and we have had some metallurgical work done, we have 96 to 98% recovery of antimony.
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