Antimony Resources Progress on Bald Hill Property

TORONTO, April 09, 2026 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to provide an update as regards exploration undertaken by Antimony Resources Corp. on the Bald Hill Antimony Property in New Brunswick under option from Globex.

Antimony Resources has made significant progress on the Bald Hill property, which is currently under option from Globex Mining Enterprises. The company has been actively working on various development and exploration activities to assess the property's potential for antimony production.

Located in a region noted for its rich mineral deposits, the Bald Hill property is not only significant for its antimony reserves but also for its accessibility and historical mining activities. Antimony Resources has commenced detailed geological surveys and sampling, which are crucial for understanding the mineralization processes and guiding future exploration strategies.

In recent updates, the company reported positive preliminary results from its exploration activities, which included both surface and underground sampling. These efforts aim to establish a comprehensive resource estimate that will determine the feasibility of future mining operations.

Moreover, Antimony Resources is keen to optimize the existing infrastructure on the Bald Hill property, enhancing operational efficiency. The company plans to implement advanced extraction techniques to maximize yield while minimizing environmental impact, aligning with industry best practices.

The sustained interest in antimony, particularly due to its essential use in flame retardants and as a performance-enhancing additive in various industries, adds to the strategic importance of the Bald Hill project. Antimony Resources is committed to capitalizing on market trends while ensuring responsible mining practices.

As part of its development strategy, Antimony Resources is actively engaging with stakeholders and local communities to address concerns and share the benefits of their mining activities. This includes investments in local infrastructure and contributions to regional economic development.

Looking ahead, the company is optimistic about the project's timeline. With ongoing exploration and resource assessment, Antimony Resources aims to establish Bald Hill as a leading source of antimony in North America, contributing significantly to the supply chain.

In conclusion, the progress made on the Bald Hill property underscores Antimony Resources' dedication to exploring and developing prospective antimony assets responsibly and sustainably for the future.