on Antimony Resources Corp. (isin : CA0369271014)
Antimony Resources Corp. Receives "BUY" Rating from GBC AG
Antimony Resources Corp. has been assigned a "BUY" recommendation by GBC AG with a target price of 3.00 CAD. The report highlights the progress of the Bald Hill project, located in New Brunswick, praised for its mining-friendly environment and stable regulatory framework. In January 2025, Antimony Resources secured an option to acquire the promising Bald Hill project, with exploration results indicating potential reserves of up to 123,711 metric tons of antimony.
The recent exploration involved 16 drill holes, uncovering high-grade antimony mineralization in 75% of samples. New zones like Bald Hill South and the Marcus Zone have also shown notable potential. The project remains focused on antimony despite the presence of gold mineralization in some samples. The report emphasizes the strategic importance of Bald Hill in a market impacted by geopolitical tensions and Chinese export restrictions.
R. E.
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