Desert Road in Mt Isa
Source: Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

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.

Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.

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.”

More market news

Kowtow: “Biggest day in financial history” on Trump’s tariffs retreat

Meet GeoGeorge: The HotCopper poster so accurate he got hired as an analyst

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.

Join the discussion: See what HotCopper users are saying about Antares and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

am5 by the numbers
More From The Market Online

Electro Optic Systems lands new $700M Middle-East counter drone contract

Electro Optic Systems has entered an agreement with a Middle Eastern Gulf state for a nation-wide,…
Image of an oil well at dusk.

AXP Energy makes strategic addition of seven Oklahoma wells to oil and gas portfolio

AXP Energy has entered into an agreement to acquire seven previously producing wells and associated infrastructure…

AuKing Mining hits multiple high-grade TREO intersections across Nathace Hill in Malawi

AuKing Mining has obtained outstanding TREO intersections from its RC drilling at the Tundulu rare earth…
The words "ASX Market Open" appear alongside a Bull ( RISE ) with a market chart graphic floating above it. The whole image is faded yellow and orange.

ASX Today: XJO ends the week on a stronger note above 8,700pts intraday; US futures green

The XJO looked set to end the week on a strong note with the bourse back just above 8,700pts as at 2.40pm AEDT...