NSJ Antimony Corp (NSJ) (9PZ0) Announces Completion of First Phase Drilling Program

NSJ completes 3,469 metres of drilling at Antimony 2.0; assays now pending.

What the company is saying

NSJ Antimony Corp. reports the completion of the first phase of drilling at its Antimony 2.0 project in New Brunswick, Canada, emphasizing the operational milestone of 11 holes totaling 3,469 metres of NQ drilling. The company highlights that drilling targeted two areas with previously identified anomalous antimony and gold soil results, guided by geochemical and induced polarization surveys. The narrative stresses rigorous core handling, sample selection, and QA/QC protocols, including one core duplicate per 20 intervals and staggered project duplicates relative to laboratory controls. NSJ details that the first batch of core samples has been delivered to Activation Laboratories Ltd. for multi-element and gold analysis, specifying the analytical methods to be used. The company references the historical significance of the nearby Lake George Antimony Mine, which supplied up to 4% of global antimony demand from 1970 to 1992, to contextualize the project's potential. Adrian Davis, P.Geo., is named as the Qualified Person responsible for technical review, and Rodney Stevens is identified as CEO and President. The tone is factual and process-oriented, with no promotional language or speculative claims about project economics.

What the data suggests

The announcement confirms that 11 drill holes totaling 3,469 metres of NQ drilling were completed, with total hole advancement reaching 3,562 metres including casing and NW intervals. The Antimony 2.0 project covers approximately 72 km², and drilling targeted two areas of anomalous soil geochemistry for antimony and gold. All drill core was delivered to government storage by October 20, 2026, and the first batch of samples is now at Activation Laboratories Ltd. for analysis. QA/QC protocols are described in detail, including sample duplication and laboratory accreditation to ISO/IEC 17025. No assay results, grades, widths, or resource estimates are disclosed at this stage, which is typical for a project at this phase. The only historical production figure cited is that the nearby Lake George mine supplied as much as 4% of global antimony demand from 1970–1992, but this is background context rather than a result from the current program. The data demonstrates that the company has executed its planned drilling and is following industry-standard procedures, but there is no evidence yet of mineralisation or economic value from this phase.

Analysis

The announcement is a factual operational update on the completion of the first phase of drilling at the Antimony 2.0 project. All key claims about drilling progress, metres completed, and sample handling are supported by specific numerical disclosures. There are no exaggerated claims about future outcomes, resource size, or economic potential. The only forward-looking statements relate to laboratory procedures and QA/QC review, which are standard next steps and not promotional. No capital outlay, financial projections, or timelines for value realisation are discussed. The tone is measured, with no language inflating the significance of the work completed. The absence of assay results or resource estimates is normal for this stage and does not constitute overstatement.

Risk flags

• ●There is no disclosure of assay results, grades, or widths from the drilling, so the presence and quality of mineralisation remain unproven; this is the primary technical risk at this stage.
• ●The project's advancement is contingent on positive laboratory results, which introduces timing and outcome uncertainty, as delays or disappointing assays could stall progress.
• ●While QA/QC protocols are described, the announcement does not provide any actual QA/QC or laboratory performance data, leaving the reliability of future results untested until assays are reported.

Bottom line

This update confirms NSJ Antimony Corp. has completed the first phase of drilling at its Antimony 2.0 project, advancing 3,469 metres in 11 holes and targeting areas of anomalous soil geochemistry. All procedures for core handling, sampling, and QA/QC are described in detail, and the first batch of samples is now at the lab for analysis. No assay results or resource estimates are available yet, so the investment case remains speculative until grades and widths are disclosed. The reference to the historic Lake George mine provides geological context but does not imply similar results for NSJ. Investors should focus on the pending assay results as the next critical milestone; until those are released, the project's value and potential remain unquantified.

Announcement summary

(CSE: NSJ) (FSE: 9PZ0) NSJ Antimony Corp. announced the completion of the first phase of drilling at its Antimony 2.0 project in New Brunswick, Canada. The company completed 11 drill holes, totaling 3,469 metres of NQ drilling, with total hole advancement reaching 3,562 metres including casing/NW intervals. Drilling targeted two areas of anomalous antimony and gold soil results, guided by soil geochemistry and induced polarization (IP) survey data. The Antimony 2.0 project covers approximately 72 km², including contiguous direct and indirect claim interests. Drill core was delivered by iCor Drilling Services to the New Brunswick government core storage and cutting facility near Sussex on October 20, 2026. Detailed core logging and sample selection are underway, and the first batch of core samples has been delivered to Activation Laboratories Ltd. (Actlabs) at its Fredericton sample preparation facility. During drilling, core was photographed, described, and securely transported before delivery to Sussex. Selected intervals were marked, photographed, sawn, and half-core samples were bagged and tagged for shipment, with the remaining half retained. Each sample ID is linked to its hole and depth interval, and sample records are checked before dispatch. Actlabs will prepare samples using code RX1, with multi-element analysis by method 1E3 (aqua regia digestion, ICP-OES finish) and gold analysis by method 1A2 (fire assay, atomic absorption finish). Method changes or overlimit analyses require authorization from Adrian Davis. NSJ will submit one core duplicate per 20 primary sample intervals, and at selected intervals, two quarter-core portions will be submitted under separate sample IDs. Project duplicate insertions will be staggered relative to Actlabs' internal QA/QC samples. Actlabs' Ontario laboratories are accredited to ISO/IEC 17025 for specified tests and apply standard internal QA/QC protocols, reporting quality-control results with each assay batch. Laboratory QA/QC results and project core duplicate results will be reviewed before assay data are accepted for reporting. The scientific and technical information in the release was reviewed and approved by Adrian Davis, P.Geo., a Qualified Person as defined by National Instrument 43-101. NSJ clarified that RSUs granted to Machai Capital Inc. were issued in connection with a corporate services agreement and not as consideration for investor relations services. The Antimony 2.0 property has excellent access, including provincial and logging roads and hydroelectric power. Previous soil sampling identified three areas reported as anomalous in antimony. The project's geological setting includes interbedded Silurian greywacke and argillite, similar to the former Lake George Antimony Mine, located approximately 15 km to the southwest. Lake George was North America's only primary antimony producer and supplied as much as 4% of global antimony demand from 1970 through 1992. Rodney Stevens is CEO and President of NSJ Antimony Corp.

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