Proactive - Interviews for investors

Hertz Energy acquires antimony property in Québec, prepares for exploration and winter drilling

Episode Summary

Hertz Energy CEO Kal Malhi joined Steve Darling from Proactive to announce the company’s acquisition of the Harriman Antimony Property, consisting of 49 mineral claims located in Québec, Canada. This acquisition was made through an arm's length option agreement between prospector Glenn Griesbach and Canuck Lithium, a wholly-owned subsidiary of Hertz Energy. Malhi explained that the Harriman Property, situated in the Gaspé Region of Québec, is an exploration-stage antimony project with strategic advantages, including excellent road access, hydroelectric power, proximity to port facilities, and an available local workforce. The property was defined through a detailed review of historical antimony and gold findings from Québec’s geoscientific database, SIGÉOM, and features four key antimony showings along a northeast-trending fault structure. Among these, the Harriman-Sud showing stands out, with historical grab samples revealing an impressive 15.35% antimony content. Notably, the showing has seen limited exploration and no historical drilling. Hertz Energy plans to initiate a ground surface exploration program in mid-September, with the goal of advancing the project towards a winter drilling campaign aimed at unlocking its full potential. He also explained the growing demand for antimony, driven by military needs, and the urgency for North American sources, given China’s export restrictions. #proactiveinvestors #hertzlithiuminc #cse #hz #mining #lithium #antimony #missiledefence #solarpanels #batteries #flameretardents #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews