Antimony Resources Corp. (ATMY) (K8J0) Closes Flow Thru Financing
About Antimony Resources Bald Hill Antimony Project
Highlights from Dilling:
- Bald Hill is a well-known, high-grade antimony deposit in southern New Brunswick
Outlined an antimony deposit over 700 meters long Widths average over 3 meters and grades average 3% to 4% antimony.
Drill Hole BH-25-08 returned 14.91 % Sb over 3.0 meters at a depth of 88.8 to 91.8 m including massive antimony stibnite which returned 28.76% Sb over 1.7 meters. Drill Hole BH-25-09 returned 9.85% Sb over 4.3 meters from 103.6 to 107.9 meters depth including 18.19% Sb from 104.6m to 106.4m depth .
Drill Hole BH-25-05 returned 1.1% Antimony (Sb) over 14.5 meters at a depth of 108.8 to 123.3 meters (m). Historical NI-43-101 Technical Report: Potential quantity and grade of the drilled area, which is the target of our exploration, is in the 725,000 to 1,000,000 tonne range grading 4.11% to 5.32% Sb (~30,000 to 40,000 tonnes contained antimony) 1
Potential to expand based on additional known targets
An historical NI 43-101 technical report, prepared by CRA in 20101, identified the potential for between 705,000 and 1,000,000 metric tonnes at an average grade between 4% and 5% antimony (Sb)1. - Antimony Resources Corp. has not completed enough work to confirm this estimate. The potential quantity and grade are conceptual in nature as there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.
The technical contents of this news release were reviewed and approved by Jim Atkinson, MSc., P.Geo., who is a qualified person as defined by National Instrument 43-101.
Antimony Resources Corp. is a exploration and development company focused exclusively on Antimony. The Company's management team possesses extensive experience in financing, exploration, development and mining. The Company is focused on becoming a significant North American producer of antimony.
On Behalf of the Board of Directors
Jim Atkinson, CEO and President
For further information please contact:
Anthony Simone, President, Simone Capital Inc.
416-881-5154, ...
________________________
1 NATIONAL INSTRUMENT 43-101 TECHNICAL REPORT BALD HILL ANTIMONY PROJECT SOUTHERN NEW BRUNSWICK, CANADA prepared by: Conestoga-Rovers & Associates MAY 2010 REF. NO. 070813 (1)
To view the source version of this press release, please visit
SOURCE: Antimony Resources Corp.

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