London BTC Company (LSE:BTC) has expanded the exploration focus of its Black Star gold-silver project in Nevada to include antimony after identifying historical high-grade mineralisation close to the company’s existing claims.
Historical antimony mineralisation has been identified approximately 120 metres south of Black Star in Pershing County and sits within the same structural corridor where recent rock-chip sampling returned grades of up to 16.23 grams per tonne of gold and 50.5 grams per tonne of silver.
Following a review of historical information from the U.S. Geological Survey and Nevada Bureau of Mines, London BTC’s geological team believes there is potential for antimony mineralisation to extend onto Black Star’s 36 mineral claims. As a result, all future samples collected from the project will also be analysed for antimony.
Antimony adds strategic dimension to Black Star
The potential presence of antimony could increase the strategic importance of Black Star alongside its existing gold and silver prospects.
Antimony is classified as a critical mineral by the U.S. government, while the country remains heavily dependent on overseas supplies. Efforts to strengthen domestic critical mineral supply chains have increased government attention on projects capable of producing antimony.
London BTC believes this environment could create opportunities for projects that combine precious metals with strategically important minerals, particularly as U.S. authorities commit significant capital towards domestic supply, stockpiling and critical mineral development.
Field programme planned for late August
London BTC intends to mobilise exploration teams to Black Star in late August, with fieldwork targeting the broader gold-silver-antimony potential of the property.
The programme will seek to establish whether the historical antimony mineralisation identified nearby extends into the company’s claims while continuing to investigate the high-grade precious metals potential demonstrated by previous sampling.
Management aims to position Black Star to potentially benefit from increasing U.S. strategic investment in domestic critical minerals. The company pointed to projects such as the Stibnite Gold Project in Idaho as an example of how gold deposits containing antimony can attract government-backed financing and strategic interest.
More about London BTC Company Limited
London BTC Company Limited is a resources company listed on the main market of the London Stock Exchange under the ticker BTC and also trades on the OTCQB market in the United States.
The company is developing a portfolio of precious and critical mineral projects in Nevada, with a particular focus on high-grade gold and silver opportunities.
Its exploration strategy also considers the potential for strategic by-product minerals such as antimony, giving its projects possible exposure to both precious metals markets and growing U.S. demand for domestically sourced critical minerals.
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