Avenir Minerals Secures Exclusive Exploration Rights at Lake George Antimony Mine

Highlights

• New Brunswick granted Avenir Minerals exclusive exploration rights at the historic Lake George antimony mine, with field work expected to begin in early 2027.
• The agreement covers exploration and tailings reprocessing assessment only—no production authorization, feasibility study, or processing agreement has been issued.
• Avenir is a wholly owned Agnico Eagle Mines subsidiary, adding financial credibility, but investors still need updated resource estimates and commercial economics.
• Antimony's strategic importance spans ammunition, flame retardants, batteries, and semiconductors, but Chinese export controls highlight supply-chain vulnerabilities.
• REEx cautions that discovering antimony and delivering it commercially are two distinct milestones that each project must independently prove.