Globex Mining (TSX:GMX) partner Antimony Resources (CSE:ATMY) has returned gold grades averaging 1.14 grams per tonne over 2.56m from drilling at the Bald Hill antimony project in New Brunswick, Canada.
The company evaluated gold assays from approximately 190 intersections across more than 45 drill holes completed at the Main zone, with a ‘high-grade’ intersection of 1.88g/t over 4.95m.
Antimony Resources used artificial intelligence to analyse the existing assay database to determine gold distribution in drill core samples.
Gold mineralisation occurs within the Main zone defined by antimony mineralisation, with gold values appearing both in high antimony zones and in separate areas often adjacent to antimony-bearing zones.
The analysis shows a strong correlation between high antimony grades and higher gold grades.
The Main zone remains open to the north and south and appears to extend into the Central zone area, where surface sampling has identified ‘high-grade’ stibnite and gold mineralisation.
The known extent of antimony-bearing mineralisation spans 1,000m on surface, with gold detected in drilling over 600m of the Main zone. Grab samples from the Central zone have returned grades exceeding 4g/t gold.
Antimony Resources is expanding drilling to the northwest and southeast of the Main zone and has commenced drilling in the Central zone, where more than 2,000m of drilling has been completed.
Assays for the first batches of samples from Central zone drilling are being completed at Actlabs, with results expected in three to four weeks.
Globex Mining plans to explore areas outside the Main zone across the 3,700ha property for the remainder of 2026.
The next phase of exploration will include an airborne magnetic and electromagnetic survey, soil sampling, geological mapping, trenching, and drilling as appropriate.
Globex Mining is a Canada-based project generator with a portfolio of approximately 271 exploration, development, and royalty properties across North America, containing base and precious metals.
Write to JC Villarba at Mining.com.au
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