Subject: Big Red Mining Corp. (CSE: RED) (FSE: K8J)
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File: Attachment sheryl jones cfo and director and issue options and rsu.pdf
Big Red Mining Corp. (CSE: RED) (FSE: K8J) Announces CFO and Director.
Vancouver, BC, - February 13, 2025 - Big Red Mining Corp. (CSE: RED) (FSE: K8J) (the "Company" or "Big
Red") announces that is has appointed Sheryl Jones as Chief Financial Officer and Director of the
Company. Ms. Jones is a seasoned accountant with over 30 years of experience specializing in financial
reporting for public listed companies. She provides comprehensive accounting, management advisory,
and financial disclosure services to the Company.
Big Red has issued 100,000 stock options exercisable at $0.20 to an officer and director of the Company.
The stock options will vest over a 12 month period with 25% being released every 3 months. Big Red
has issued 250,000 Restricted Shares Units ("RSU's") to an officer and director of the Company. The
RSU's will be released as follows: 50% released 12 months from issue date and the remaining 50%
released 18 months from issue date.
Big Red also announces that it will not be proceeding with the repricing of the warrants which was
announced on February 3, 2025.
About Big Red Mining Corp.
Big Red holds an option to acquire the Bald Hill Property in southern New Brunswick. The property
consisting of 26 claims, covers several antimony occurrences, including previous trenching by Rockport
Mining Corp. which returned up to 43% Sb over 2.0 m and 2.90% Sb over 8.18 m. Shallow drilling by
widely spaced holes is reported to have extended the zone over a 450 m strike length and to a depth of
300 m.
An NI 43-101 Technical Report in 2010 by Conestoga-Rovers and Associates of Fredericton, New
Brunswick, for Rockport Mining Corp., authored by Heather MacDonald, MSc., P.Geo. reported "Based
upon 16 widely spaced drill holes totaling 3,554 metres and 609 assays, an antimony zone of 450 metres
in length was outlined including intersections of up to 11.7% Sb over 4.51 metres core length".
The report further states "The potential tonnage and grade of a potential mineral deposit at the Bald Hill
Property, which is the target of further exploration, is expressed as ranges in the Table 6 below. The
potential quantity and grade is conceptual in nature as there has been insufficient exploration to define
a mineral resource and it is uncertain if further exploration will result in the target being delineated as a
mineral resource."
Table 6 (from NI 43-101 Report)
Potential Quantity and Grade Ranges
ZONE METRIC TONNES GRADE (Sb %)
Main Zone 700,000 to 900,000 4.33% to 5.40%
Parallel Zone 25,000 to 100,000 2.13% to 3.19%
Total: 725,000 to 1,000,000 4.11% to 5.32%
A subsequent NI 43-101 report titled: National Instrument 43-101 Technical Report: Bald Hill Antimony
Project (claim group 5061) Southern New-Brunswick, Canada, NTS Map Sheet 21G/09 and 21H/12",
Prepared for Tri-Star Antimony Canada Inc. by Peter Banks, B.Sc., P.Geo. and John Langton, M.Sc.,
P.Geo. of MRB & Associates, October 28th, 2014 dealt with addition exploration work and conclusions
derived from the work up to that date as reported in brief under "Interpretations and Conclusions" and
reproduced below.
"Rockport's drilling on the Bald Hill main grid has confirmed the Sb mineralization over a significant area
of approximately 700 m on surface and to 300 m depth. Surface mineralization and soil geochemical
anomalies indicate that the mineralization extends for at least 1.5 km, along strike from the delineated
mineralized zones. The 2014 trenching program, centered approximately 1.0 km along strike to the
southeast from the main Bald Hill occurrences, exposed new antimony mineralization grading 9.04% Sb
over 2.60 metres."
"In addition to the on-site exploration programs, preliminary processing and metallurgical test-work of
Bald Hill lithological drill-core and bulk samples was carried out. This work comprised bulk mineralogy,
basic chemical profiling, textural features of the ore minerals and preliminary analysis of liberation
characteristics and amenability of the ore to gravity concentration and/or flotation, preliminary ore-
characterization, mineralogical and chemical profiling, and optical ore examinations."
"The work completed by Rockport on the Bald Hill Project substantiates the occurrence of a potential
resource of economically interesting antimony mineralization. The Project is a valid exploration target
that remains largely untested with respect to its full dimensions and its regional structural
relationships."
In 2021, Globex undertook a small drill program which returned the following results:
Hole BH21-25 1.34% Sb over 3.6 m starting at 310.5 m
Hole BH21-27 2.67% Sb over 2.7 m starting at 112.2 m and
1.73% Sb over 3.3 m starting at 124.7 m
Hole BH21-28 4.71% Sb over 10.2 m starting at 109.5 m
Big Red is planning an intensive exploration program for the Bald Hill Project.
The technical contents of this news release were reviewed and approved by Jim Atkinson, MSc., P.Geo.,
who is a qualified person as defined by National Instrument 43-101. The figures and reports quoted in
this press release are were prepared by other presumed capable companies and individuals but the
Qualified Person has not yet verified any of the results of past work.
Big Red also holds an option to acquire a 100% interest in the Antimony 2.0 Property, which is located
approximately 25 kilometers west of Fredericton, New Brunswick, and approximately 15 kilometers
northeast of the historic Lake George antimony mine. The Lake George antimony mine operated for
various periods from the 1860s to 1998 and produced as much as 4 per cent of the world's demand of
antimony from 1970 through 1992. The Antimony 2.0 Property comprises over 35 square kilometers of
relatively unexplored ground with excellent access via provincial and logging roads, and hydro power.
Antimony has been detected at highly anomalous levels in soil samples collected on the Antimony 2.0
Property by the optionor.
Big Red's management team possesses extensive experience in financing, exploration, development and
mining. Big Red intends to conduct exploration campaigns on each of its optioned properties with a goal
of finding one or more minable resources.
WWW.BIGREDMINING.COM
On Behalf of the Board of Directors
Jim Atkinson, CEO and President
For further information please contact:
Anthony Simone, President, Simone Capital Inc.
416-881-5154, asimone@simonecapital.ca
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