Antimony Resources advancing Bald Hill property, New Brunswick
Globex Mining Enterprises Inc. [TSX: GMX; Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf, Quotrix Düsseldorf Stock Exchanges: G1MN; OTCQX: GLBXF]provided an update as regards exploration undertaken by Antimony Resources Corp. [CSE: ATMY; ATCQB: ATMYF; FSE: K8JO] on the Bald Hill Antimony property in New Brunswick under option from Globex.
Antimony Resources, in addition to drilling, as already outlined in several press releases, has reported the exposure of massive stibnite mineralization on the newly discovered Marcus (West) Zone. Mineralization in the Marcus Zone resembles the Main Zone outlined by historical drilling and drilling by Antimony Resources. Recent completion of 6,500 metres of their 10,000-metre drill program has extended the Main Zone to the east and west with drilling continuing with two rigs focusing on this area. In addition, they are now focusing on the recently reidentified Central Zone to the south of the Main Zone where 2.8% antimony over 8 metres was described in past trenching.
Antimony Resources has initiated technical and environmental studies, part of the process of permitting a potential mining project. Meetings have already been undertaken with the New Brunswick and federal governments as well as local municipal officials.
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