Churchill Resources Drills 7.25% Antimony over 1.98 Metres at Black Raven Project, Near Southern Shaft Along 800-Metre Strike at Frost Cove, Newfoundland

Why It Matters

The high‑grade antimony and associated gold‑silver mineralization position Black Raven as a rare North American source of a critical metal, reducing reliance on imports. Successful resource definition could unlock strategic supply for defense, batteries, and flame‑retardant markets.

Key Takeaways

• 7.25% antimony over 1.98 m at Frost Cove
• 800 m strike length, 100 m depth, still open
• Parallel gold‑silver vein shows 5.89 g/t AuEq
• Taylor’s Room polymetallic trench yields 10.59 g/t AuEq
• 2026 two‑rig drill program starts March 23

Pulse Analysis

Antimony has risen to the top of the critical‑minerals list as governments scramble to secure supplies for defense systems, flame‑retardant polymers, and emerging battery technologies. North America currently depends almost entirely on imports, with the historic Beaver Brook mine the only domestic producer before its closure. The scarcity has driven prices upward and prompted mining companies to explore legacy districts where high‑grade stibnite deposits remain untapped. In this environment, any project that can demonstrate commercial‑scale antimony grades near existing infrastructure gains immediate strategic relevance.

Churchill Resources’ 2025 Black Raven program delivered exactly that signal. Drill hole FC25‑16 intersected 7.25 % Sb over 1.98 m, and several adjacent holes confirmed a continuous 800‑metre strike and 100‑metre vertical envelope of stibnite mineralization. A co‑located gold‑silver shear zone produced up to 5.89 g/t AuEq, while the newly identified Taylor’s Room polymetallic trend returned 10.59 g/t AuEq over 1.05 m. The data set, derived from 50 diamond holes and extensive soil work, provides a solid foundation for a NI 43‑101 maiden resource estimate and suggests a viable underground mining footprint.

The next phase will test the continuity of these zones with a two‑rig, 2026 drill campaign slated to begin March 23. Targeting Frost Cove extensions, Pomley Cove Pond, and additional strike‑length infill, the program aims to convert high‑grade intersections into a measured resource that can feed North American and European antimony markets. If successful, Churchill could position Black Raven as the continent’s first modern antimony mine, offering investors exposure to a critical‑metal play while supporting Canada’s strategic mineral security agenda.