Antimony Resources Makes Strides with New Drill Program at Bald Hill
Antimony Resources Expands Drilling Operations
Antimony Resources has recently made significant advancements in its drilling operations at Bald Hill, an area under the management of Globex Mining Enterprises Inc. (TSX: GMX). This endeavor represents an exciting step forward for the exploration of antimony in the region.
Commencement of The Second Phase Drill Program
The company has announced that they are back at work to continue drilling efforts after the successful completion of their initial phase, which totaled 3,150 meters across 16 holes. Their current goal is to extend this to a remarkable 6,000 meters of targeted drilling. Through this proactive approach, Antimony Resources is making strides to unlock the potential of the Bald Hill property.
Discoveries of New Mineralized Zones
During the first drilling phase, the exploration team was thrilled to identify a new mineralized zone located approximately 450 meters southeast of the Main Zone. This finding adds a significant dimension to their exploration efforts and may enhance the overall quality and quantity of the resource.
High-Grade Intersections Indicate Mineral Potential
Notably, the drilling efforts have yielded high-grade intersections, showcasing antimony-bearing stibnite in a substantial majority of the sampled holes. Key results highlighted 4.17% Sb over 7.4 meters, along with impressive grades of 9.85% Sb over 4.3 meters and 14.91% Sb over 3.0 meters. Such results hint at a potentially rich mineralization profile, indicating a promising resource.
Future Prospects of Bald Hill Property
The new drilling program is primarily focused on infilling areas where mineralization intersects were widely spaced within the Main Zone. This is pivotal for determining the continuity of the mineralization and will assist in outlining a Maiden Resource. Furthermore, efforts are underway to expand the mineralization both to the northwest and southeast, as well as deepen exploration beneath the current finds.
Exploration of Soil Anomalies
In addition to drill-focused efforts, exploration will also target a sizable two-kilometer-long soil anomaly that aligns with the Main Zone. This anomaly contains significant indicators of antimony, with recent intersections showing values as high as 2.90% Sb over 8.18 meters. This comprehensive examination includes mapping, trenching, and potentially additional drilling to understand the area better.
Collaboration with Globex Mining Enterprises
Globex has expressed considerable enthusiasm regarding Antimony Resources’ ongoing exploration efforts, commending their commitment and operational pace. The partnership between Antimony Resources and Globex is central to these drilling initiatives, ensuring that the Bald Hill project is positioned for success.
Contact Information
For further inquiries regarding the project or the drill program itself, interested parties can reach out directly to Jack Stoch, P.Geo., Executive Chairman, and CEO of Globex Mining Enterprises Inc. His comprehensive knowledge about the operations and the geological insights is invaluable during this phase of exploration.
Frequently Asked Questions
What is the focus of the new drilling program at Bald Hill?
The new drilling program intends to extend drilling to 6,000 meters, targeting mineralization in the Main Zone and the newly discovered zones.
What mineralization has been discovered during the drilling?
High-grade antimony-bearing stibnite has been detected, with various holes showing impressive percentages, indicating substantial mineral potential.
How are soil anomalies related to the Bald Hill project?
The exploration will investigate a two-kilometer soil anomaly, aimed at understanding its mineral potential and supporting drilling endeavors.
Who is leading the exploration efforts for Globex Mining?
Jack Stoch, P.Geo., serves as the Executive Chairman and CEO of Globex, overseeing exploration activities and stakeholder communication.
What is the significance of the Maiden Resource?
The Maiden Resource designation helps define a mineral resource for the first time, marking a critical stage in assessing the economic viability of the project.
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