Globex Mining drills more high-grade antimony at Bald Hill, New Brunswick
Globex Mining Enterprises Inc. [TSX: GMX; OTCQX: GLBXF] reported that Antimony Resources Corp. [CSE: ATMY: FSE: K8J0] has reported additional high-grade antimony intersections in drilling at the Bald Hill Property in New Brunswick under option from Globex.
Highlights include the following: Hole BH-25-05 returned 1.1% antimony (Sb) over 14.5 metres at a depth of 108.8 metres to 123.3 metres downhole.
Hole BH-25-08 returned 14.91% antimony (Sb) over 3.0 metres at a depth from 88.8 m to 91.8 m downhole including massive stibnite which returned 28.76% Sb over 1.7 metres.
Hole BH-25-09 returned 9.85% antimony (Sb) over 4.3 metres at a depth from 103.6 m to 107.9 m downhole including 18.19% Sb from 104.6 m to 106.4 m downhole.
The reported drill hole intersections are estimated to be between 75% to 80% of true width.
A total of 3,150 metres have been completed in the 2025 drill campaign. Assays are pending and are expected to be received in the next three to four weeks.
Antimony Resources have completed 16 drill holes which have outlined mineralization over 400 metres of strike length with the mineralization remaining open both along strike and down dip. Over 1,500 samples were submitted for assay.
Previous reported drill results included from holes BH-25-03 and BH-25-04 which encountered respectively 2.76% Sb over 2.8 metres from 78.2 m to 81.0 m and 4.17% Sb over 7.40 m from 106.6 m to 114.0m. Holes BH-25-01 and BH-25-02 were terminated short of the target and were redrilled by holes BH-25-08 and BH-25-09 which are subject of today’s release of assays.
Globex has 56,095,636 shares issued and outstanding.
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