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- Multiple high-grade results returned from rock chip sampling
- Finds made across three separate historic gold workings
- Potential confirmed for consistent, district-wide high-grade gold mineralisation
- Three priority drill targets identified
Antares Metals (ASX: AM5) is fast-tracking drilling plans after confirming high-grade gold mineralisation at three separate historic workings within its Quinns project in West Australia.
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Targeted rock chip sampling conducted across the company’s tenure in the Meekatharra greenstone belt in late March 2025 returned results up to 41.7 grams per tonne (g/t), with multiple samples above 3.0 g/t across a 20km belt of largely undrilled, high-priority ground.
MD, Terry Topping, said the results represent the first systematic modern gold exploration across AM5’s Quinns tenure.
He noted that previous operators primarily focused on the project’s extensive volcanogenic massive sulphide (VMS) copper-zinc mineralisation, leaving the orogenic gold potential untouched by modern techniques.
“These results at Quinns are extremely encouraging and point to a high-grade gold system that’s barely been touched by modern exploration,” Mr Topping said.
“When you have 41.7 g/t at surface, a project sitting 50km from an operating mill, and high gold prices, we are keen to get these targets drilled as quickly as possible. Prior operators at Quinns were focused on the VMS copper-zinc story, so we are the first to systematically investigate the orogenic gold potential, and these initial results are exciting. We’re now moving quickly through to heritage surveys and expanded sampling to reach maiden drilling.”
AM5 is now fast-tracking maiden drill planning across all three newly confirmed targets, Mr Topping told shareholders.
The Quinns project area covers 383 sq. km within the proven and prospective Meekatharra greenstone belt, approximately 10km from TSXV listed Monument Mining’s Burnakura Mill and 50km from multiple Westgold Resources’ (ASX: WGX) operating mills.
Antares is finalising heritage surveys and finalising drill targeting across high-priority areas at Quinns ahead of maiden drilling.
Additional exploration is planned for the Conglomerate Creek and Cromwell discoveries (QLD) to build upon earlier successful results.
AM5 is up 14.3% to 0.8¢. Mkt cap $5.992M.
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