Churchill Resources Unearths Game-Changing Massive Stibnite Seams in Newfoundland's Taylor Brook Project

Churchill Resources Inc. is thrilled to announce a significant breakthrough from its fall 2023 diamond drilling program at the Taylor Brook Project in Newfoundland and Labrador. The company has intercepted multiple zones of massive stibnite, the principal ore mineral for antimony, marking a pivotal moment in the project's development and highlighting the immense potential for a substantial critical mineral discovery.

The drilling campaign, targeting an exciting 200-meter-wide shear zone, has yielded spectacular results.

Drill hole TB23-08 intersected a remarkable 1.00 meter of massive stibnite from 44.00 to 45.00 meters. Equally impressive, TB23-11 revealed another 1.00 meter of massive stibnite from 47.00 to 48.00 meters. Further encouraging intercepts include 0.75 meters of massive stibnite in TB23-09 (from 35.00 to 35.75 meters) and 0.60 meters in TB23-12 (from 43.00 to 43.60 meters).

These discoveries confirm the presence of robust, high-grade antimony mineralization within the extensive shear zone, often associated with arsenopyrite, indicating a highly prospective environment.

Antimony, recognized as a critical mineral by several governments, including Canada and the United States, plays a vital role in modern industries.

It is indispensable in the production of lead-acid batteries, flame retardants, semiconductors, and specialized alloys. With its unique properties, antimony is also crucial for energy storage solutions, making this discovery particularly timely amidst global efforts towards sustainable energy and technology.

The current strong market demand and high prices for antimony underscore the strategic importance of Churchill's findings at Taylor Brook.

Stephen G. Wilkinson, CEO of Churchill Resources, expressed profound excitement regarding these results. "The discovery of multiple, discrete zones of massive stibnite in our recent drilling program is a game-changer for Churchill and our Taylor Brook project.

This significantly validates our geological model and demonstrates the tremendous potential for a large-scale, high-grade antimony deposit. We are particularly encouraged by the consistency of the mineralization within the shear zone and the substantial widths encountered. These results position Taylor Brook as a potentially significant source of this critical mineral, essential for various high-tech applications and green technologies.

We eagerly anticipate the assay results and are already planning follow-up exploration to delineate the full extent of this exciting discovery."

The Taylor Brook Project is strategically located in a region historically known for its mineral potential. Previous surface sampling in the Taylor Brook area had already indicated the presence of high-grade antimony, but the current drilling program provides the first definitive evidence of significant subsurface mineralization.

The company is now focused on accelerating its exploration efforts, which will include detailed geological mapping, further geophysical surveys, and an expanded drilling program to define the dimensions and grade of this exciting new resource. Additionally, preliminary metallurgical studies will be initiated to assess the potential for efficient extraction and processing of the stibnite ore.

This substantial discovery not only enhances the value proposition of Churchill Resources but also contributes to strengthening the supply chain of critical minerals, aligning with global initiatives to secure domestic and allied sources of essential resources.

The future looks exceptionally bright for the Taylor Brook Project, as Churchill Resources continues to unlock its full potential.