Here is why Hillgrove is a distinctively prized and...

Here is why Hillgrove is a distinctively prized and substantially undervalued


The word is uneconomic - with regard to where it’s been found.


there might be another deposit hiding somewhere…….it remains to be seen where would that be amongst the increasing number of penny stocks who say they’ve smelt antimony in their tenements


For now, hillgrove is the biggest in Australia and 8th in the world, the only one with a path to near term production at a decent volume. (Costerfield for example seems to be producing only 2,000 tpa for years)


“Looking further into the future, higher antimony prices and/or technological advances may encourage the recovery of antimony at other gold deposits in Australia. There is also potential for antimony recovery from Australian zinc-lead-silver ores. The Cannington deposit in Queensland and the McArthur River deposit in the Northern Territory, for example, have substantial antimony content but mineralisation occurs at low concentrations, thus it is currently uneconomic to recover.”