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Antimony Resources (CSE: ATMY) says it has further expanded the massive antimony stibnite mineralization at its Bald Hill project in Canada’s New Brunswick province.

Recent drilling has outlined an antimony deposit over 700 metres long and to a depth of at least 350 metres, the company said in a statement on Friday, noting that the widths of mineralization averaged 3 to 4 metres, with antimony grades ranging 3% to 4%.

The field crew has exposed further mineralization in bedrock in the project’s Marcus West zone through continued trenching, and sampling is ongoing to further trace the mineralization along strike, it added.

The new discoveries made on the Bald Hill property are part of a 2026 exploration program that will be carried out in conjunction with a 10,000-metre definition drilling on the project’s main zone. The drilling program will include soil sampling as well as prospecting and sampling. An airborne survey is being investigated, the Vancouver-based company said.

Stibnite is commonly mined for its antimony content. China implemented strict export controls on antimony in September 2024, significantly affecting global supply chains. Efforts to locate and extract the crucial material for defense and high-tech industries are ramping up in Canada and the US.

Drilling is scheduled to begin immediately on the Marcus West zone to complete up to six shallow drill holes to test the zone at a depth of between 30 and 50 metres, ATMY said.

Unexplored areas to be further evaluated include the project’s central zone, where 2010 trenching returned 2.9% stibnite over 8.18 metres, and the south zone, where trenching has exposed stibnite mineralization over about 150 metres.

 “It is very exciting to see the mineralized samples being brought to surface by the excavator for examination by the geologists,” Antimony Resources CEO Jim Atkinson said in the statement. “It is obvious that this is a highly mineralized area and the “bladed” stibnite is very attractive,” Atkinson said, adding that work is also progressing very well on definition drilling at the main zone.

 A second drill was added to this program last week, the company said.

FOR IMMEDIATE RELEASE
Date: Feb 20, 2026
Contact: Anja Semanco | 724-967-2777 | anja@alaskawild.org 

Today, after the Department of the Interior opened 2.1 million acres in Alaska’s Dalton Corridor, Kristen Miller, executive director of Alaska Wilderness League, released the following statement: 

“At a time when pro-oil politicians are aggressively pursuing megaprojects like the Alaska LNG project and Ambler Road, we need public land protections more than ever. We must ensure that the public interest and sustainable uses are safe in places like the Arctic,” said Kristen Miller, Executive Director of Alaska Wilderness League.  “Today’s action sets the stage for the state of Alaska to take ownership of millions of acres of our nation’s public lands. The result would be fewer protections for subsistence, conservation, and other sustainable land uses. It’s yet another attack on federal public lands in Alaska, where short term profits and industrialization are being prioritized over the people in state who rely on clean air, lands, waters, and healthy wildlife populations.” 

Beyond the over-the-top family drama that keeps us watching, Landman’s second season showcased many unfortunate and harsh realities of the oil and gas industry.

For those yet to watch, Billy Bob Thornton stars as “Tommy,” a veteran landman — a one-man oil and gas field fixer — turned president of M-Tex, a fictional, independent West Texas oil company. As the second season progresses, we witness Tommy tiring of the high stakes, risky oil business he’s worked in for decades. Tommy cynically observes that “greed has dug a million wells.” Scathing aside, at his core, Tommy is a lifelong oil man. And Season 2 ends with Tommy forming CTT Oil Exploration and Cattle, a new “wildcatting” oil and gas venture drilling on a hunch with a handful of lowly-production wells — and branded with his own initials and those of his son, Cooper, and father, Thomas, plus some cows tossed in.

Despite the whimsical name of Tommy’s new company, the gamut of safety, environmental, economic, and geopolitical risks his industry faces is no laughing matter. These risks keep arising because they are ever-present. As a chemical engineer who once worked in the oil and gas industry, here’s a recap with my reactions.

Season 2, Episode 1 opens with a serious oil and gas health hazard. Toxic hydrogen sulfide (H2S) gas leaks at dangerous levels from M-Tex’s oil and gas equipment. A hunting party in the vicinity encounters animal carcasses strewn in a nearby field before perishing themselves. Tommy’s crew, despite wearing mandatory H2S monitors to alert them, cannot retreat fast enough. With H2S entering their bloodstreams, they become violently ill, and one worker loses his eyesight.

Reaction: Oil and gas are chemical concoctions that contain methane and other volatile compounds, including toxins like H2S and carcinogens like benzene. Although oil and gas are advertised as simple, “standard” commodities, they are very complex. Their makeups vary widely, but their compositions are not publicly disclosed. Greater transparency detailing what’s in oil and gas is needed to safeguard people and property.

Safety risks are a continuing theme in Landman. In episode 4, an oil field truck plows into a parked pickup in distress, resulting in a fireball with no survivors.

Reaction: Road accidents are common in West Texas’ oil patch due to long shifts, high speeds, rural (often unpaved) roads, and big rigs transporting heavy equipment. Studies find that the leading causes of oil and gas deaths, beyond dangerous field conditions, are road fatalities.

Physical risks are confronted in episode 6. One of M-Tex’s offshore rigs is damaged beyond repair in a hurricane, and insurance fraud surfaces. Money is paid out, but no reconstruction takes place.

Reaction: Oil and gas infrastructure is capital intensive and requires insurance (and often re-insurance) to operate. Yet much of the oil and gas industry’s operations — platforms, refineries, LNG terminals, ports, tankers, and pipelines — are in harm’s way in or near waterways and the methane leaking from oil and gas is superheating the planet. The changing climate is increasing the frequency, speed, and severity of superstorms, tornadoes, hurricanes, sea level rise, and flash floods that present physical and financial risks that the industry has not weathered in the past. At least one insurance company, Chubb, has set underwriting guidance that may deny coverage to oil and gas companies with assets that leak too much of the powerful climate accelerant, methane, which is also a main component of oil and gas.

Economic risks are highlighted in episode 6. Tommy and his crew attend an industry fair showcasing conventional and novel technologies. They stop at a booth of a real-world startup, MaCH4 Coldstream Energy — which recovers natural gas liquids instead of burning and wasting them. One of Tommy’s crew laments: “That’s the future without us.”

Reaction: The energy world is in transition. Efforts are accelerating to eliminate energy waste, as evidenced by companies like MaCH4. Markets are reinforcing changes in the energy landscape. For example, the price of renewable energy has been even lower than that of gas and oil recently. And electric vehicles are overtaking gasoline-powered vehicles in new car sales, which is reducing demand for oil and shifting energy markets. There is added economic uncertainty about the future price of gas, given its significant market volatility. Taken together, this is making the future of oil and gas far less certain than it was in the past century.

Geopolitical risks are materializing in real time as the finale of Landman Season 2 airs. Tommy shares that M-Tex is a bit player in a global oil and gas industry that is too big to fail. He likens the business to a layer cake of many different interests, and he considers pursuing new opportunities with an international oil company — Chevron (one of the companies operating in Venezuela).

Reaction: Had Landman’s Season 2 script been written now, it’s very likely that the geopolitical situation in Venezuela would have been mentioned. Oil and gas are valuable trade commodities and countries rise and fall on them. When the US invaded Venezuela and jailed its president, at least one motivation was appropriating another country’s resource wealth.

Perhaps the most surprising reality that surfaced during season 2 was in my conversations with everyday Landman viewers. There is widespread public misconception regarding the source of everyday products we depend on to power our computers, heat our homes, form fiber for our clothes, manufacture our medicines, fuel our cars, trucks, and planes, pave our roads, and more. I was asked more than once if the gas piped to our homes is the same gas that comes out of the ground.

Reaction: The oil and gas that are drilled out of the ground are the very same resources that are processed into commodities that we consume every day. While the oil and gas that M-Tex and other companies produce must flow through a long chain of custody involving drillers, producers, processors, shippers, refiners, terminals, traders, public utilities, and retail outlets, the gas and petroleum products we consume start their journey under the ground. Regardless, these equivalent barrels of oil and gas do not have the same impact in terms of their safety, environmental, economic, and geopolitical concerns. The longer the trip from extraction to end uses, the more potential gas has to leak and cause harm to people, property, and the planet.

This is precisely what RMI’s Oil Climate Index plus Gas (OCI+) charts. Nearly three-quarters of global oil and gas supplies are analyzed — including those produced by smaller companies like the fictitious M-Tex in West Texas — to quantify the waste and emissions from equivalent barrels of oil and gas that M-Tex and its competitors produce.

US Oil and Gas Assets’ Methane Intensities are Wide Ranging, Especially in West Texas

Source: https://ociplus.rmi.org/, accessed February 9, 2025.

RMI then uses the OCI+ to generate oil and gas emissions inventories worldwide on the ClimateTRACE portal and to assess mitigation scenarios. It turns out that the energy waste and emissions vary markedly from field to field and country to country. This is valuable information that banks, insurers, companies, and policymakers are using to make smarter investment, underwriting, operational, and regulatory decisions.

Closing Reaction: Differentiating barrels of oil and gas is the key to a well-functioning market. Without knowing a commodity’s attributes — safety, environmental, economic, and geopolitical — inefficiencies, waste, and risks cannot be managed. As the maxim goes, we can manage what we measure. And this is especially true for critical commodities like oil and gas.

The post Reactions to Landman Season 2: Risky Business Continues in the Oil Patch appeared first on RMI.

Today, the Supreme Court ruled that Donald Trump’s use of the International Emergency Economic Powers Act to implement sweeping tariffs was unlawful. Global Trade Watch director Melinda St. Louis issued the following statement:

“The Supreme Court’s decision today deals a blow to Trump’s illegal, chaotic tariffs that have been used to benefit powerful corporate interests over working people.

“When used lawfully and as part of a wider strategic policy, tariffs can help protect U.S. jobs, raise labor and environmental standards, and correct corporate-driven trade imbalances that harm workers and communities. But Trump’s approach was never strategic, constructive, or rooted in concern for working people.

“These sweeping tariffs were deployed to bully other countries to benefit his corporate cronies and to fuel anti-humanitarian political goals, not to uplift the people harmed by decades of corporate-rigged trade policy. While today’s decision is a meaningful check on a specific abuse of power, Trump has made clear that he plans to use other tariff authorities to barrel ahead with his global bullying and secretive dealmaking.

“Congress and the courts should exercise their constitutional checks and balances over all of Trump’s authoritarian power grabs and should demand a trade policy that prioritizes the lives of working people over the billionaires that this administration has been carrying water for since day one.”

Amid mounting signs of ecosystem disruption and ongoing damage to the vulnerable Bay-Delta Estuary, local advocates, Tribal leaders, and policymakers are calling for stronger water quality protections and renewed scrutiny of the Delta Tunnel proposal.

Representative Josh Harder has formally urged the U.S. Army Corps of Engineers to deny the federal permits required to advance the Delta Tunnel, citing concerns about the impacts to Delta waterways, local communities, and the regional economy. At the same time, Tribes and environmental groups are pressing state leaders to safeguard the estuary by rejecting the inequitable and weak Voluntary Agreements included in the latest Bay-Delta Plan update. Restore the Delta’s Morgen Snyder, Director of Policy and Programs, emphasized these concerns in a recent interview with ABC 7 San Francisco (13:27). Fresno-based independent radio journalist Vic Bedoian also notes, “Voluntary Agreements won’t change the status quo, and instead will give water exporters a free pass on providing more flow without adequate water quality standards.” 

Concerns about insufficient protections are cemented by evidence that reduced water flows have already contributed to steep declines in key fish populations, including Chinook salmon and Delta Smelt. The Delta ecosystem also faces compounding threats from harmful algal blooms and the spread of invasive golden mussels. Advocates argue that this is a critical time to enact stronger, enforceable protections to restore the health of California’s largest estuary and to protect the communities that depend on it.

News Roundup:

Representative Josh Harder Stands Against Delta Tunnel

• DELTA TUNNEL: Harder Calls on U.S. Army Corps to Reject Permits for $20 Billion Boondoggle. Representative Josh Harder.
• Harder steps up pressure to derail the Delta tunnel. The Manteca Bulletin.  

Local Advocates Critique the Bay-Delta Plan

• Changes Coming to Bay Area Water. ABC 7 San Francisco – watch at 13:27
• Delta Advocates Criticize Bay-Delta Plan. Vic Bedoian. 
• Advocates Say Bay Delta Plan is Deficient. Vic Bedoian. 
• Tribal Nations and the Bay Delta Plan. Vic Bedoian.

Ongoing Threats to the Delta Ecosystem 

• NOTEBOOK FEATURE: State water officials are faced with a once-in-a-generation chance to save California’s salmon. Maven’s Notebook.
• Mussel mania: San Joaquin Valley water agencies gear up to fight invasive mollusk. SJV Water. 
• It’s final: No Delta smelt found in annual survey for 8 years as ecosystem collapses. Daily Kos.    

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