What is the expected incremental production and resource growth from the fall drilling and trenching program at Frost Cove?

Answer

The press‑release only confirms that all permits have been approved for Churchill Resources’ fall drilling and trenching program at the historic Frost Cove antimony mine – it does not provide any quantitative estimate of the incremental ounces of antimony or the additional tonnage that the program is expected to add to the current resource. In the absence of disclosed figures, the company’s typical reporting practice for early‑stage exploration implies that the work is intended to grow the resource baseline and, ultimately, to lift production capacity rather than to deliver immediate, measurable output.

From a market‑ perspective, antimony is a relatively tight‑supply commodity with the last few years showing modest price strength (≈ $6‑$8 lb) on the back of inventory draws and limited new projects. If the trenching and drilling results validate a material extension of the known ore body, we could see a step‑up in Churchill’s future cash‑flow outlook – a factor that normally drives the TSXV‑listed stock into a higher‑beta, speculative‑growth zone. Technically, the stock has been trading in a tight range around the $0.90–$1.10 band; any upward‑bias catalyst (e.g., a positive drill intercept) could trigger a breakout toward the next resistance at $1.25.

Trading implication: Until the company releases a resource update (likely in early 2026), the trade should remain cautious – consider a modest long position only if you are comfortable holding through a potential volatility spike around the upcoming technical release, or stay on the sidelines and monitor for the next press‑release for concrete production and resource numbers. A clear, quantified “incremental production” estimate would be the key trigger for a more decisive move.