NSJ Antimony Corp. Seeks Funding for Antimony 2.0 Property Exploration

News related to:NSJ Antimony Corp · 1 min read

NSJ Antimony Corp. has announced a Flow-Through financing round aimed at supporting exploration activities on its Antimony 2.0 Property. The company, based in Vancouver, British Columbia, is raising up to 1,400,000 Flow-Through common shares at a price of $0.66 each, which will generate gross proceeds of up to $924,000 for the company.

The Antimony 2.0 Property, located in New Brunswick, Canada, is a promising site for exploration. The project covers an area of 59 square kilometers and benefits from excellent access, including provincial and logging roads, as well as hydro power. The property has shown particular interest with three robust antimony soil anomalies, indicating potential for significant mineral deposits.

Historically, the area is known for its mining heritage. The Lake George Antimony Mine, situated approximately 15 kilometers southwest of the Antimony 2.0 Property, operated from the 1860s to 1998. During its peak production years from 1970 to 1992, the Lake George Antimony Mine was North America's only primary antimony producer, contributing up to 4% of the world's antimony demand during that period.

Rodney Stevens, CEO and President of NSJ Antimony Corp., expressed optimism about the potential of the Antimony 2.0 Property.

The funds raised through this financing will be directed towards exploration and development activities on the Antimony 2.0 Property, aiming to build on the rich history and potential of the region. NSJ Antimony Corp. remains committed to advancing its exploration efforts and contributing to the mining industry's future in Canada.

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