- Maiden RC program at Conglomerate Creek Target 2 intersected copper mineralisation in all six holes
- Successful first sub-surface test of 2.0km by 2.5km intrusive complex
- Drilling confirmed mineralising system continues at depth
- Concurrent field programs underway at Mt Isa North (QLD) and Quinns (WA)
Antares Metals (ASX:AM5) has confirmed depth potential with a successful maiden reverse circulation (RC) drilling program at the Conglomerate Creek Target 2 prospect within the Mount Isa North copper project in northwest Queensland.
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The company hit mineralisation in all six-holes in the 780m program, the first sub-surface exploration across a broad, previously untested intrusive complex.
Drilling was strategically designed to test beneath high-grade copper-gold-silver mineralisation mapped and sampled by Antares in 2025.
Highlight hole ACD002 confirmed that the surface system continues at depth, intersecting 4.0m at 8,140 parts per million (ppm) copper from 84m.
MD, Terry Topping, said results indicate the Conglomerate Creek’s system can contain significant copper mineralisation providing a key data point for evaluating the Mount Isa North project’s broader target inventory – with six of seven anomalies still untested, the discovery runway remains substantially intact.
“This is the first time a drill bit has ever tested the Conglomerate Creek intrusive system and it has confirmed what we mapped at surface,” Mr Topping said.
“We have not yet matched the tenor we see at surface, but for a first-pass program across a 2.0km by 2.5km target, intersecting the vein system at depth is exactly the result we needed to keep going. We have now tested one of seven anomalies.
“Detailed electrical geophysics will sharpen our targeting across the rest of the system, and Target 5, where our rock chips ran to 22% copper, is the one we are most keen to get a rig onto. Antares is applying modern exploration to ground that previous operators barely touched, in one of the best copper addresses in the world.”
Target 5, immediately north of the drilled area carriers a stronger geochemical response than Target 2 and hosts rock chip sampling by Antares grading up to 22.0% copper.
Detailed surface electrical geophysics is being planned across the prospect to locate more strongly mineralised sections within the large target area and to prioritise drill targets ahead of a follow- up RC program.
AM5 was steady at 0.8¢ with a Mkt cap of $6.848M prior to markets opening.
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