Lode Resources Ltd has released news detailing a second batch of high‐grade drill assay results from its Montezuma Antimony & Silver Project in Tasmania’s premier West Coast Mining Province. The recent drilling program, part of an extensive 50- to 60-hole, 8,000- to 10,000-meter campaign, continues to delineate multiple mineralized zones over a 200-meter strike length and depth. Assays from drill holes MZS14 to MZS17 have returned impressive intervals, including one intercept with an antimony equivalent grade as high as 5.06% (calculated using proprietary conversion factors) combined with up to 1,798 g/t silver equivalent, reinforcing the project’s potential with additional gold and tin values also recorded. The Montezuma project shows a detailed polymetallic deposit where antimony and silver dominate, yet significant zones of gold, lead, copper, and tin further enhance its value. Results highlight intercepts such as a 5.0-meter interval in MZS16 that recorded 2.17% SbEq with additional elements, and intervals in MZS15 and MZS17 that indicate the deposit remains open in all directions. Notably, one hole (MZS17) intercepted several overlapping mineralized zones that, when considered collectively, measure 31.6 meters at an average of 0.38% SbEq. These technical indicators suggest the potential for a bulk tonnage resources scenario, a development that could materially enlarge the known project scale. The company’s technical team is advancing the project with additional metallurgical testing commissioned through ALS Metallurgy in Burnie. These tests, which include quantitative X-ray diffraction analysis, will help determine comprehensive recovery rates of tin and gold alongside antimony and silver. Lode Resources Ltd’s Managing Director emphasized that the consistent high-grade intervals and multiple daughter structures intersecting the Montezuma fault point to a robust mineral endowment supported by established beneficiation infrastructure and proximity to regional mining centres. From a market sentiment standpoint, the news is largely positive. Bullish indicators include the strong high-grade drill intercepts and polymetallic nature of the mineralization, which offer a potentially expansive bulk tonnage resource. The project’s strategic location in Tasmania and its focus on antimony—a metal classified as critical by various governments and experiencing tight market conditions due to export restrictions—further enhance its appeal. However, cautious observers might note that the project still requires additional metallurgical testing to confirm recoverable metal values, and the inherent risks of exploration remain present if scale-up challenges or cost pressures emerge. Overall, these drill results add momentum to Lode Resources Ltd’s development efforts and provide promising technical indicators for investors watching the mining sector.