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Antares Metals (ASX:AM5) is looking ahead to a busy exploration season at its Mt Isa North copper projects, with field reconnaissance work picking up rock chips grading up to 26% at one site – the Surprise project – while samples of up to 18% Cu were found at another, the Conglomerate Creek copper-gold prospect.
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The company intends to progress two drilling programs at Mt Isa North, starting with a second phase of reverse circulation drilling at Surprise, which will then expand the project’s mineralisation footprint.
In the lead-up, field geologists tested rock chips at untested artisanal workings north of Surprise, using handheld pXRF technology, yielding grades that went up to 26% Cu.
The same technology was also applied to Conglomerate Creek, where samples grading up to 18% Cu were taken from a gossan along a structure associated with the buried intrusion-related targets at the prospect.
In addition to these, Antares aims to progress surface exploration activities – to then be followed by geophysical data acquisition and likely more drill testing at several other structurally controlled copper targets.
Antares CEO Johan Lambrechts said he expected 2025 to be a busy year for the company and declared the company is “excited to head to the field.”
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He continued: “We have several high-priority targets that we believe hold significant potential for copper mineralisation. “We look forward to updating our investors with activities and results as we progress.”
AM5 shares have been trading at 0.8 cents on Wednesday.
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