On September 12, 2024, Hertz Energy Inc. announced the commencement of exploration programs at the Harriman Antimony Property in Québec. The property consists of 49 mineral claims covering approximately 2,500 hectares and is strategically located in the Gaspé Region of Québec, known for significant mineral deposits.
The Harriman Property is situated at the intersection of major fault lines, making it a promising area for antimony and gold showings. Historical data from the Québec government’s geoscientific database indicated several high-grade showings of both antimony and gold in the region.
Hertz Energy plans to mobilize a team to conduct geological mapping and prospecting at the Harriman Project in the coming weeks. The company aims to identify potential drill targets for future exploration and development of an economic antimony deposit.
The global antimony market is facing supply challenges due to export restrictions imposed by China, the largest producer of antimony. This has led to a surge in antimony prices and has raised concerns about the security of critical mineral supplies. Hertz Energy’s investment in the Harriman Project aligns with the increasing demand for antimony resources in North America.
The technical aspects of this exploration project were reviewed and approved by Paul Teniere, P.Geo., the Qualified Person for Hertz Energy. The company is focused on the exploration and acquisition of energy metals mineral properties, with projects in lithium and antimony across Canada.
For more information, please contact Mr. Kal Malhi or visit the company’s official filings. This news release contains forward-looking statements, and actual results may vary from those expressed in these statements. Investors are advised to consider market conditions and economic factors before making any investment decisions. Source: Hertz Energy Inc.
