George Lake South Antimony Project

The 4,722 contiguous acre George Lake South Antimony Project is located in the direct vicinity of the Lake George antimony mine in New Brunswick, which was operated intermittently from 1876 to 1996 and was once the largest primary antimony producer in North America.

Recently, China banned exports of critical minerals, including antimony, to the United States. As trade tensions escalate between the United States and China, this move clearly emphasizes the urgent need for Western nations to secure reliable long-term sources of these critical minerals, which are now at the forefront of the global supply chain crisis.

Antimony is an essential component in semiconductors and battery storage technology and has several military applications. Prices of antimony trioxide in Rotterdam had soared by 228 per cent since the beginning of the year to $39,000 a metric tonne on Nov. 28, 2024, as shown by data from information provider Argus. The move is a considerable escalation of tensions in supply chains where access to raw material units is already tight in the West.

Antimony’s primary uses are:

• Semiconductors and electronics: The growing electronics and semiconductor industries require antimony, making it a critical material for technological development, including infrared sensors and components for military and aerospace uses.
• Battery technology: Antimony is also used in lead-acid batteries and in emerging technologies, such as energy storage and lithium-ion battery enhancements, which are significant drivers of demand in the future.
• Flame retardants: The demand for antimony remains strong due to its use in flame-retardant materials, which are essential in a wide range of products such as textiles, electronics and plastics. As safety regulations around fire-resistant materials become stricter, the need for antimony-based compounds continues to grow.

Management cautions that past results or discoveries on properties in proximity to Adelayde may not necessarily be indicative to the presence of mineralization on the Company’s properties. Mr. Frank Bain, P.Geo., a director of Adelayde and a Qualified Person as defined by National Instrument 43-101 has reviewed and approved the scientific and technical disclosure contained within this website.