The U.S. Army and Idaho National Laboratory opened a modular pilot plant in Idaho Falls built to process antimony, a mineral used in ammunition, batteries, and flame retardants that the United States currently gets almost entirely from China and Russia. A day earlier, a small New Brunswick company reported another round of high-grade antimony assays feeding the same broader push toward domestic supply. Two very different scales of the same story, one built with federal defense funding, the other still measured in metres of drill core.
Antimony Resources Reports 11.41% Antimony Over 1.55 Metres at Bald Hill, New Brunswick
Antimony Resources Corp. (CSE: ATMY; OTCQB: ATMYF; FSE: K8J0) reported on July 30 an additional drill hole from the Main Zone at its Bald Hill Antimony Property, with hole BH-26-14 returning 11.41% antimony over 1.55 metres within a broader 2.78% antimony zone spanning 11.3 metres. A second mineralized zone deeper in the same hole returned 7.48% antimony. Gold rides alongside the antimony in this zone too, averaging 0.41 g/t over the 11.3-metre interval.
The company also released geological descriptions, not yet assayed, from six holes at a newly identified Central Zone roughly 200 metres south of the Main Zone, where earlier surface trenching had already returned samples averaging over 19% antimony. No resource estimate exists yet at Bald Hill; the roughly 18,000-metre program underway is working toward a maiden estimate later this year. The company’s market capitalization sits near CA$70 million, small by any standard next to the federally backed antimony push at Perpetua Resources’ Stibnite project in Idaho, which is a useful scale comparison rather than a claim about Bald Hill’s own economics.
Boreal Gold Hits 81.5 g/t Gold Within a Broader 15.54 g/t Intercept at North Star, Manitoba
Boreal Gold Inc. (CSE: BGLD) reported on July 30 that drill hole GR-26-149 in the high-grade Gold Rock Vein at its North Star Gold Project near Snow Lake, Manitoba returned 15.54 g/t gold over 2.41 metres, including a high-grade interval of 81.5 g/t gold over 0.41 metres. A second hole, GR-26-150, returned 1.61 g/t gold over 1.27 metres, including 10.45 g/t gold over 0.17 metres.
The company completed 10 HQ drill holes totaling 1,326 metres this past winter and spring, bringing the total drilled into the Gold Rock Vein structure to 153 holes. Every hole in this program intersected the shear zone. Boreal is now planning a new resource estimate for Gold Rock and shifting exploration focus to its Fay Lake property near Flin Flon. Boreal trades only on the CSE with no US OTC listing found, worth flagging for US-based readers who would need to check with their broker on availability. At a market capitalization in the low single-digit millions of Canadian dollars, this is about as small and thinly traded as a mining stock gets, and the volatility that comes with that size cuts both ways.
Grizzly Discoveries Intersects 1.0% Copper Equivalent Over 13.68 Metres at Sappho, British Columbia
Grizzly Discoveries Inc. (TSXV: GZD; OTCQB: GZDIF; FSE: G6H) announced on July 30 assay results from seven core holes totaling 1,485 metres at the Sappho Critical Minerals Target near Greenwood, British Columbia, with the Main Sappho Skarn Target returning 1.0% copper equivalent over 13.68 metres and 0.357% copper equivalent over 44.55 metres. True widths are unknown at this early stage, so all reported lengths are core length.
The company discloses its metal price assumptions for the equivalent grade: copper at US$5/lb, gold at US$3,200/oz, silver at US$50/oz, cobalt at US$25/lb, nickel at US$7/lb, zinc at US$1.50/lb, and platinum and palladium at US$1,200/oz each, with a flat 90% recovery assumed across all metals since no metallurgical test work has been completed. That 90% figure is the company’s own working assumption, not a result derived from testwork, worth keeping in mind when comparing this copper-equivalent grade to a project with actual metallurgical data behind it. No resource estimate exists at Sappho; this is still early-stage target definition, with Grizzly planning to refine the area to drill-ready status for further work in the coming months. At a market capitalization in the single-digit millions of Canadian dollars, Grizzly is another name where size and liquidity deserve as much attention as the assay numbers.
Frequently Asked Questions
Assays are still pending from the six Central Zone holes described geologically in this release. Drilling continues in the Main Zone as part of the roughly 18,000-metre 2026 program, with a maiden resource estimate targeted for later this year.
The company is shifting its exploration focus to the Fay Lake property near Flin Flon now that the North Star winter and spring program is complete, and says it is planning a new NI 43-101 resource estimate for the Gold Rock Vein.
The company says it will continue refining targets at Sappho toward drill-ready status, with additional drilling expected within the next couple of months.
No. All three are still in resource-definition-stage exploration. Antimony Resources and Grizzly Discoveries are both working toward a first, maiden estimate; Boreal Gold already has an established Gold Rock Vein structure and is working toward an updated estimate rather than a first one.
Sources
- InvestorNews / Newsfile: Antimony Resources Corp. reports high-grade assays from the latest drilling at the Main Zone, Bald Hill, including 11.41% antimony over 1.5 metres in BH-26-14, July 30 2026
- Newsfile Corp.: Boreal Gold reports 15.54 g/t gold over 2.41m in drill hole GR-26-149 including 81.5 g/t gold over 0.41m in the high-grade Gold Rock Vein west of Snow Lake, Manitoba, July 30 2026
- Junior Mining Network / Newsfile: Grizzly intersects 1.0% CuEq over 13.68 m and 0.357% CuEq over 44.55 m at Sappho Critical Minerals Target, Greenwood, BC, July 30 2026
- The Northern Miner: Perpetua Resources, US Army and Idaho National Laboratory launch antimony pilot plant, July 31 2026
Editorial Disclosure
This analysis is based entirely on publicly available information including company press releases sourced directly from named wire services and company websites, and verified market data. Securities discussed include Antimony Resources Corp. (CSE: ATMY; OTCQB: ATMYF; FSE: K8J0), Boreal Gold Inc. (CSE: BGLD), and Grizzly Discoveries Inc. (TSXV: GZD; OTCQB: GZDIF; FSE: G6H). aktiego.com has not received any compensation from any company mentioned, their management, investor relations representatives, or any third party. No staff member or principal of aktiego.com holds a position in any security mentioned at the time of publication. None of the three companies discussed has a formal NI 43-101 resource estimate at the specific zone or target covered in this article; Antimony Resources and Grizzly Discoveries are drilling toward maiden estimates, and Boreal Gold is planning an updated estimate for an already-established vein structure. Grizzly Discoveries’ copper-equivalent grades are calculated using disclosed metal price assumptions and a flat 90% recovery rate that is the company’s own working assumption rather than a result derived from metallurgical testwork; equivalent grades should not be read as a substitute for the individual metal grades reported alongside them. Boreal Gold trades only on the CSE with no US OTC listing identified at the time of publication; US-based readers should check with their broker on availability. Boreal Gold and Grizzly Discoveries both carry market capitalizations in the single-digit millions of Canadian dollars, among the smallest and most thinly traded securities this publication covers, and carry correspondingly elevated volatility and financing risk. Antimony Resources carries a market capitalization near CA$70 million. All company data verified against original press releases from named wire services. Forward-looking commentary regarding exploration outcomes, resource estimates, and financing is opinion only. References to individual companies are for market context and analytical purposes only and do not constitute investment recommendations. All securities carry significant investment risk including total loss of capital. Coverage on aktiego.com is provided for informational and educational purposes only. aktiego.com is not a registered investment advisor. Nothing in this article constitutes financial, investment, or professional advice. Readers are encouraged to conduct their own due diligence and consult a qualified financial advisor before making any investment decisions. For more information please see our full DISCLAIMER.
