Antimony Resources (TSX-V:ATMY) has identified visible gold at its Bald Hill Antimony Project in New Brunswick, Canada.
The visible gold was spotted in drill hole BHC-26-13 at 165.85m depth within the Central zone. Portable X-ray fluorescence (XRF) analysis returned 285 grams per tonne of gold.
The Central zone sits 150m to 200m south of the Main zone along strike. Antimony notes the gold occurs within pyrite in a quartz vein hosted by altered porphyritic rhyolite.
Chief Executive Officer James Atkinson describes the discovery as “very exciting”.
“While we have suspected the presence of gold associated with the antimony-bearing stibnite mineralisation at Bald Hill and we have received assays indicating the presence of gold; this is the first instance of observing gold in the drill core,” Atkinson shares.
“While we understand that Bald Hill is dominantly an antimony deposit, the association of antimony and gold is well known worldwide.
“The presence of gold in the Bald Hill deposit could add to the economic potential of the deposit.”
Drill hole BHC-26-13 targeted the southern extent of mineralisation near the southern end of the exposed Central zone, testing at depth below a surface trench containing stibnite.
Antimony says drilling remains ongoing at the Central zone, with assays still pending for holes drilled in July.
Bald Hill features mineralisation over 600m of strike length to at least 350m depth. Mineralisation remains open in all directions with widths averaging 4m to 5m and grades averaging 3% to 4% antimony (Sb).
A 2025 technical report estimated potential quantities of approximately 2.7 million tonnes grading between 3% and 4% Sb, though Antimony notes insufficient work has been completed to confirm this estimate.
Antimony Resources is a mineral explorer focused on the acquisition, exploration, and development of antimony properties in Canada.
Write to Paula Fabe at Mining.com.au
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