1.4 kilometres Of Stibnite Float, Two High-Grade Holes, And One Question Nobody Has Answered.

What's on the ground

The 1987 crew found high-grade antimony and walked away from it.

BC87-03 cut 11.6 metres at 3.4% antimony from 84 metres. BC87-05 cut 6.2 metres at 5.1% antimony from 112 metres.¹

Those are strong antimony grades. Hillgrove in New South Wales, the largest antimony producer outside China, has run a mine on ore in that range for decades.

They mapped stibnite-bearing vein float along 1.4 kilometres of a single structure before they drilled.¹

Then antimony sat at a dollar a pound and the file closed.²

The grade was never the problem. The price was.

What decides it

Grade, continuity, recovery. In 1987 nobody could answer any of the three.

Grade is the one with an answer already in the file.

Continuity asks whether the two intercepts are one thing.

Recovery asks whether the antimony will separate into a concentrate a smelter will buy.

One of those is now answered. The other two are what the rigs are for.

Question one, answered

We sent somebody else's samples to somebody else's lab.

The 1987 crew kept their reject pulps. They went into storage in Watson Lake with the core and they were still there.¹

In 2025 we sent them to an accredited lab in Vancouver, under the lab's chain of custody rather than ours.¹

We didn't select the intervals. We sent the box.

BC87-05 had been reported at 5.1% antimony in 1987.

It came back at 5.6%.¹

One number, one hole, material somebody else collected thirty-eight years ago. It isn't a resource and we won't pretend it is.

What it is, is the cheapest of the three answered, by a party with no reason to help us.

What we flew first

Before we booked a rig we flew the block.

In March 2026 we flew 410 line-kilometres of drone magnetics over Bittercreek, low and tight enough to hold detail a fixed-wing survey smears.³

Magnetics doesn't find antimony. It finds structure, and structure is what a vein system sits in.

What came back is a linear magnetic low running 2.1 kilometres northeast through the block.³

The 1987 collars sit on it. So does the 1.4 kilometres of stibnite float the crew mapped at surface.¹

That's a structure, not a deposit. It tells us where to drill, not what we'll find.

Question two

You are already connecting those two holes. We're not going to help.

It's the natural thing to do. Two intercepts, one plane, draw a zone between them and there's your deposit.

Continuity gets demonstrated with a drill. Ours hasn't been.

Five of the nine 1987 holes returned nothing worth writing down. That's the same dataset, and it argues the other way.¹

The space between the holes is the property. Everything else is paperwork.

Question three

Nobody has ever checked whether this material makes a concentrate.

Grade in the ground isn't metal in a bag. Stibnite has to be liberated, floated and cleaned to a concentrate a smelter will take, at a recovery that pays for the work.

No metallurgical test work has been completed at Bittercreek.¹

A 2025 review of antimony in Canada names recovery method as one of the three things that make this metal difficult.⁴

If the flowsheet fails, the grade doesn't matter and neither does the price.

Underway now

What's happening on the property this month.

Two rigs have been turning at Bittercreek since late May. The program is 4,200 metres, fully funded out of the February raise.¹

The first holes twin BC87-03 and BC87-05 under a modern QA/QC protocol. That answers whether 1987 was right.

The rest step out along the 1.4 kilometres structure. That starts to answer whether there's anything between the holes.

Core from the twins goes straight to metallurgical test work rather than waiting for the drill season to finish.¹

First assays in September. Flowsheet results in November.¹

The order of work

Cheap questions first.

Twinning is cheap. A hole beside a hole tells you whether 1987 was right for the price of a few hundred metres.

Step-out drilling is expensive, and it's worthless if the thing you're stepping out from was never real.

Cheap questions first. Expensive ones only if the cheap ones hold.

What's at stake

So why is this worth drilling now and not in 1987?

Antimony went on Canada's critical minerals list in 2021 and stayed on it through the 2024 review. The test runs two ways: the supply chain has to be threatened, and Canada has to have a reasonable chance of producing the mineral.⁵

Canada ranked ninth in the world for mined antimony between 1998 and 2023. Its significant deposits no longer contribute much of anything.⁴

In 2023 the United States mined no marketable antimony at all.⁶

China's export suspension runs to November 27, 2026.⁷ Our flowsheet results land before it does.¹

The rock is the same rock. Everything around it changed.

In short

High grade, an untested gap, and a program built to close it.

We're Acme Demo Mining Inc. (DEMO: ACME).³ We hold 1.4 kilometres of a stibnite structure in a country that calls this metal critical and barely mines any of it.⁵

One of three questions is answered and an accredited lab answered it. Two rigs are working on the other two.¹

You've read the strongest version of the argument against this property, sourced, on the company's own page. Most companies make you go and find that yourself.

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Sources